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Loan modification, foreclosure defense, short sales and other strategies for the burdened homeowner

Tag Archives: 12 Months

USA Short Sale Question: I Had A Temporary Income Problem. Do I Still Need To Sell My Home?

USA – You may be in a situation where your income dropped for a few months and then went back to normal. During that time period, your got behind on your mortgage and other payments. Don’t worry, this isn’t a doom and gloom problem. Click here to discover how other sellers successfully did a short… Continue Reading

USA Short Sales: How To Hold Your Bank Accountable

USA – In our last post, we ranted about how the bankers do a lousy, incompetent job on short sale and loan modification negotiations. Here is how you can avoid suffering under their incompetence. The key is to hold your bank accountable. Here’s how to do that. Click here to discover how other sellers successfully… Continue Reading

USA Short Sales: Why Won’t My Lender Allow Me To Short Sale?

USA – The Stop Foreclosure Institute recently received a question from David. Here was his question. “I lost my job and am burning up my savings very fast. At the current rate I will only be able to pay my mortgage for a few months more. My lender won’t talk to me about a short… Continue Reading

Who Benefits From A USA Short Sale?

USA – Even though lenders pretend to hate short sales, they actually benefit from short sales. Let me explain why. A lender gets to sell the house at today’s price, versus what it will be worth 6-12 months down the road. We just did a comparison and pulled up sold listings. All of the listings… Continue Reading

USA Short Sales: Why Is The Short Sale Taking So Long?

  USA – The Stop Foreclosure Institute recently received a question from Cathy. Here was her question. “I am trying to buy a house that is a short sale. It has been 4 months and we have heard nothing. The agent did mention that they are now on the 2nd negotiator and still haven’t heard… Continue Reading

More on delaying foreclosure through Bankruptcy

Please relize that I am not an attorney. However I was talking to an attorney at a foreclosure seminar I just got back from. He tells me that if someone is in foreclosure they can actually go and file the motion to start chapter 13 bankruptcy in there local bankruptcy court themselves for something like… Continue Reading