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Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Short Sale 101
This occurs when the net proceeds from the sale of a home are not enough to cover the sellers' mortgage obligations and closing costs, such as property taxes, transfer taxes, and the real estate practitioner's commission. The seller is unwilling or unable to cover the difference. Some ? although by ...
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Six Steps to a Successful Short Sale
A short sale is where the sales price of the property is less than what the seller still owes and the lender is willing to accept less than they are owed. Why would a lender agree to a short sale? Mortgage lenders are in the business of making loans not owning property. When a loan is in default, ...
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Short Sale Questions
The main stream media continues to be rich with stories about the struggling real estate market, here in the Sacramento area as well as across the country. They generally revolve around the increasing number of foreclosures, the mortgage crisis and now some of the government programs that may or ...
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What is a Short Sale?
Since the real estate market turned for the worst, a lot of Borrowers have found themselves in a position where they owe more than their home is worth. As long as you don't need to sell your home and as long as you can afford the payments, your best bet it to sit tight and do nothing. Eventually ...
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Mortgage Short Sales - How To Avoid Disaster With One Simple Secret
The New Year was like a dam breaking with respect to foreclosures and homeowners looking for a way out. I received more emails and phone calls yesterday than ever before. A lot of folks I spoke to yesterday have the following issues: 1. Negative amortization loans, where the longer they pay, the ...
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Stop Foreclosure Fast - Tips - Real Estate Help
As the foreclosure rate for the nation remains steady, Idaho foreclosure rate is slightly decreasing. In Idaho there were 569 foreclosures in April, 542 in May, and 501 in June of 2007. Even with the slight decrease in the foreclosure rate in Idaho, the number of foreclosures in the nation remains ...
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Short Sale Training - The Biggest Short Sale Mistake
I'm writing to let you know about the #1 way to speed up the Short Sale process that very few Realtors actually know about. Not using this strategy is the Biggest Mistake most Short Sale Realtors make. It may not be what you think, because it's not a "traditional" real estate strategy... I can't ...
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Foreclosure Options For Everyone
It is a sad reality that many homeowners are having problems paying their house mortgages. Out of the around 120 million American homes, around 4.8 million (or 40%) are facing foreclosures. In fact, about half a million went through actual foreclosure last year. According to the US Department of ...
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California Home Equity Sales Contract Act - A Mine Field for the Unprepared!
When I first got started in the real estate investing business in 2006, the avalanche of foreclosures was just beginning. Before attempting my first short sale here in Southern California, I discovered I needed to comply with Civil Code Section 1695 by using a very particular type of purchase and ...
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Guiding a Pre-Foreclosure Owner Through a Short Sale
For property owners who are unable to make their mortgage payments on time, foreclosure or filing for bankruptcy may seem inevitable. But the truth is that there are alternatives. One such alternative is called the "short sale". As a property investor looking to buy a property during the ...
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