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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...
Real Estate Short Sale Concerns - Your Three Major Questions Answered
A lot of people have written to me expressing concerns about doing a short sale. Three major concerns actually: 1. I will just have my Realtor handle my short sale. That can be a big mistake. Every Realtor today claims to be a short sale expert. Yet every day many people get in touch with me. ...
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10 Surefire Ways to End Your Foreclosure Pains
Do you know that it costs a lender $30,000-$50,000 just to take a house back in a foreclosure? If they have already lent more on the property than it is worth in the current real estate downturn, you can see why lenders don't want to foreclose on your house. Not only are lenders not in the business ...
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Short Sale Hardship Letter - An Integral Part Of The Short Sale Package
The short sale hardship letter is the most integral part of the real estate short sale package. Short sales are sometimes offered to homeowners facing foreclosure who do not qualify for a loan modification. In this type of financial agreement the lender allows homeowners to sell their home for less ...
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Facts on Obtaining a Short Sale
The first word that comes into the mind of homeowners when they are falling behind on their mortgage payments is "foreclosure". What these homeowners don't know is that there is another aspect that they can consider with their mortgage company when they are no longer able to pay their account ...
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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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Boom in Foreclosures Is Some Investors Opportunity For Profit
Across North America and the world, the market correction has caused the biggest increase in Foreclosures in Real Estate History, but is there any way for us, as Investors, to profit? The rate of Homeowners who are more than 90 days behind on their payments has increased 164% from last year, and ...
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The Foreclosure Process and Your Options
Many Individuals and families around the country are facing the alarming realization that they can no longer afford their mortgage payments and will soon lose their home. It is believed that in 2007 over 2.5 million families will be faced with foreclosure, a phenomenon that experts believe will ...
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Lenders Give Away Instant Equity With Real Estate Short Sales
What is a Short Sale? A short sale happens when a lender is willing to sell a property for less than the total amount owed by the borrower. The property is worth less than owed therefore, has no equity and the homeowner is seriously behind in payments. In many circumstances more than one lender is ...
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Worried About Being Sued After Foreclosure For A Deficiency Judgment?
If you own more than one home and are facing foreclosure, you are probably worried about the bank going after your second home if you are unable to save the first. Bank representatives and armchair foreclosure experts will threaten you with being sued again and losing your other home, having your ...
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Foreclosures - A Brief Explanation
Well the real estate industry particularly the mortgage companies are at the forefront of the double edge sword, foreclosures are at record highs in many major metropolitan areas, and experts are predicting that this is not the end. On the other side of things, it is a prime market for real estate ...
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