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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...
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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How to Determine Your Short Sale Offer
Here is a question I'm constantly being asked by my students and other real estate investors. The answer to it is not an exact science. First let's identify some common used terminology. BPO (Broker Price Opinion): A generalized opinion or value of the property. These can be exterior and interior. ...
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Mortgage Short Sale
A mortgage short sale may allow a person to avoid foreclosure, but it may not be what the person thinks. The term "mortgage short sale" sounds like it refers to the sale of a mortgage, but it doesn't. Mortgage short sale actually refers to a mortgage lender accepting less that the amount due on a ...
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How To Do A Successful Mortgage Short Sale - Sell Your House In 9 Days With No Fix-Up
Do you owe more than your house is worth? Or are you unable to make your mortgage payments? Mortgage costs including taxes and insurance should be no more than 40% of your take-home income, at worst. Many people are paying more than this. Your mortgage payments may feel like a crushing burden and ...
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The Basic of a Foreclosure
Short Sales and Foreclosures are inter-related. Under ?Basics of a Short Sale' we see that a Short Sale is a mechanism by which a lender may avoid a mortgaged property going into foreclosure auction by accepting a calculated cost in the form of a discount in order to avoid a far greater unknown ...
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Now Sell Your House As A Short Sale With No Tax Consequences
If you owe more for your house than what it is worth you only have a few home selling options, one of which is losing your home to foreclosure. To avoid a foreclosure you can sell your house as a short sale. A short sale is selling your home at a price that is less than what you owe the bank. Thus ...
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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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Stop Foreclosure - Are Short Sales the Way to Go?
If you are facing foreclosure, then you have seen the ads for short sales. Real estate agents all over the country are jumping on the short sale bandwagon. However, most are not experienced in short sales and their advice on complicated legal and tax issues can be dangerous for you. What is a short ...
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How To Get Your Offer To Match The Appraised Value Or BPO In A Preforeclosure Short Sale
That part is easy. The question really is "How to get the appraised value or BPO to match your purchase contract for your preforeclosure short sale that you have already submitted to the bank". Banks depend on BPO's in Pre Foreclosure Real Estate You figure out a fair price that you want to pay for ...
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Short Sale Second Mortgage - How To Get Out Of Two Mortgages At The Same Time
Is a mortgage short sale possible if you have not one mortgage company to deal with, but two? I am the developer of the Mortgage Relief Formula home study course. In my work I receive hundreds of questions from homeowners who owe more than their house is worth and cannot afford to continue making ...
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