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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 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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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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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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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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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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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 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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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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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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Short Sales - 3 Key Factors Gurus Never Tell You About How To Do Short Sales
For those of you who are new to the Short Sale arena or new to real estate investment, let's first define what a "short sale" is and what it's SUPPOSED to accomplish. A short sale is the process of negotiating with a Mortgage Lender to convince them to accept less than the Homeowner's mortgage ...
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