Tag: Current | Stop Foreclosure Foundation

A Common USA Short Sale Myth: You Must Have Defaulted On Your Loan Before Your Lender Will Talk About A Short Sale

Posted on April 2, 2012 by CarlOrb • 0 Comments

USA – The Stop Foreclosure Institute recently received a question from Nathan. Here was his question. “I’ll stop making the payments on my condo. That way we can start on the short sale process with my lender. How far behind do I have to be before they will start negotiations. Click here to discover how… Continue Reading

Filed Under: Avoid Foreclosure, Delaying foreclosure, Keep my house, Loan Modification, Misc. Foreclosure, Selling my house, short sale, Short Sale Deficiency, Short Sales, stop foreclosure

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

Posted on January 23, 2012 by CarlOrb • 0 Comments

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

Filed Under: Avoid Foreclosure, Loan Modification, Misc. Foreclosure, Short Sales

How Does A USA Short Sale Affect My Credit?

Posted on January 13, 2012 by CarlOrb • 0 Comments

USA – A successful short sale helps the seller to avoid any credit damage that could be brought about by a foreclosure. Such damage is not something to admire as it may take a minimum of seven years for someone before it goes off your credit report. That is why is it best to do all… Continue Reading

Filed Under: Avoid Foreclosure, Loan Modification, Selling my house, Short Sale Deficiency, Short Sales

When A Bank Should Accept A Buyer’s Offer To Buy A USA Short Sale

Posted on October 19, 2011 by CarlOrb • 1 Comment

USA – A bank should accept your short sale when the following rules apply. All banks and servicers have a fiduciary duty to the investor of the loan. If they own the loan themselves, they have a fiduciary duty to their stockholders. The duty is to get that investor the most money possible. So, a… Continue Reading

Filed Under: Loan Modification, short sale

USA Short Sale Myth: I Have To Go Thru The Loan Mod Process Before I Can Short Sell

Posted on September 29, 2011 by CarlOrb • 0 Comments

USA – The Stop Foreclosure Institute recently received a question from Tonia about short sales. Apparently Tonia has been mislead by her lender. Get my Free, Step By Step Loan Modification Guide by clicking here. Here is Tonia’s question about short sales. “I’ve been trying to sell my house for over a year now and… Continue Reading

Filed Under: Delaying foreclosure, Misc. Foreclosure, Selling my house, Short Sales

USA Short Sale Myth: I Have To Go Thru The Loan Mod Process Before I Can Short Sell

Posted on August 31, 2011 by CarlOrb • 1 Comment

Filed Under: Selling my house

Introduction To Loss Mitigation Concepts Course- Lesson 1- Options: Selling Your House

Posted on October 29, 2010 by admin • 1 Comment

Lesson 1 Options: Selling your house If you have chosen to move you have plenty of options. You may want to use a delay option along with any of the move options to facilitate a sale and to facilitate your move. A note regarding litigation which I mentioned in two of the previous strategies,… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure, sell, Selling my house

Introduction To Loss Mitigation Concepts Course- Lesson 1- Options: Staying in House

Posted on October 29, 2010 by admin • 1 Comment

Lesson 1- Options: Staying in house Let’s start with your options for staying. Some of these options are obvious: My foreclosure option #1- Catch everything current- you can cure the default and catch everything current. That’s an option if you have money. I’m assuming that you wouldn’t have gotten in the situation if you… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure

Short Sale Your House & Get Paid E-Course- Segment 12: Submitting the offer and required documents to your lender

Posted on October 12, 2010 by admin • 0 Comments

Submitting Back-up Offers To Lenders Sometimes you’ll get other back up offers that come in after you have submitted an offer to your lender. Usually you should continue to show your house and follow up on potential buyers even after you have an offer submitted to the lender. Explain to the potential buyer that there’s… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure, sell, Selling my house

Short Sale Your House & Get Paid E-Course: Segment 3- How Successful Will I be in conducting a Short Sale?

Posted on September 23, 2010 by admin • 1 Comment

Situational success factors are the factors that can change how successful you are at getting a short sale completed. Now this doesn’t have to do with you, but it has to do with your own situation. Like what kind of loans do you have? Are there any extra leans? Who owns the loans? Who services… Continue Reading

Filed Under: Delaying foreclosure, keep, Keep my house, misc, Misc. Foreclosure, sell, Selling my house

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