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

Tag Archives: Blog

Yes, I Do Think A USA Loan Modification Is The right Thing To Do

USA – I received a note the other day from Andrew. He was upset that I would tell people that are upside down on their house to ask for a principal reduction from their lender. Here was his email. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. “I… Continue Reading

USA Short Sales: Why Persistence Is So Important In Success At Short Sales

USA – In a recent blog posts, I discussed how banks throw out a short sale file if it is rejected. When an offer comes in on a short sale, it takes 30-60 days for a person at the bank to look at the offer. Click here to discover how other sellers successfully did a… Continue Reading

The Final Numbers On How A USA Short Sale Reduces Losses

USA – On our last blog post, we ran some numbers on why a short sale reduces a lender’s losses by 20% compared to a foreclosure.  Today I am going to add all the numbers together. That way we can see exactly how much this lender lost by not accepting the short sale. Click here… Continue Reading

How Long Does It Take For My Credit To Go Back To Normal After A USA Short Sale?

USA – The Stop Foreclosure Institute recently received a question from Sammy. Here was his question. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. “I like your blog post about how to get out of paying a deficiency. However, how long will it be on your credit report… Continue Reading