USA – Are you pulling your hair out trying to convince your lender to reduce the amount you owe on your home? People have a hard time grasping how difficult it is to get a loan modification that is fair. These banks just do everything they can to squeeze homeowners for as much money as… Continue Reading
USA – When you negotiate your loan mod you need to remember that the banks are professional negotiators. They know the tricks. They know how to suck as much money out of you as is legally possible. Don’t kid yourself. They’re going to use every single tool in their tool chest to squeeze you. Click… Continue Reading
USA – It’s sad that the banks aren’t willing to give anyone a principal reduction. The banks reasoning is that if they start granting principal reductions, then every single upside down homeowner will want one. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. As a result people are… Continue Reading
USA – Most short sale negotiators are professional. They understand the seriousness of their jobs. They work hard to educate themselves on the industry and market trends. They are friendly and fun to work with. This is one of the things I like about selling short sales for a living. The downside is that every… Continue Reading
USA – The good news about the housing bust is that home prices are now more affordable. It is now cheaper to buy versus renting in many areas. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. “At the peak of the real estate bubble, cities like Miami, Phoenix… Continue Reading
USA – The Stop Foreclosure Institute recently received a question from Sergio. Here was his question. “I have owned my house since 2006. My employer reduced my salary by 30% and now I have to move out of state where I have found a new job. The house is a problem. Since 2006 my house… Continue Reading
USA – The Pros of Rental Property. The tenant pays your mortgage payment. You won’t make a lot of money while you have a mortgage. But, where else can you have someone buy and pay off something for you? Click here to discover how other sellers successfully did a short sale and avoided foreclosure. You… Continue Reading
USA – Buying a rental property can be an excellent long term investment. Some of the wealthiest people I know made their millions from rental properties. They started with a house and gradually moved up to apartment complexes. But, does it make sense for everyone? Click here to discover how other sellers successfully did a… Continue Reading
USA – Are you upside down on your mortgage? Try this. Sit down and run the numbers. How much will your upside down mortgage cost you over the next 30 years? Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Let’s say a homeowner bought a house 4 years… Continue Reading
It Isn’t Likely Your Lender Will Collect Any More Money From You After A USA Short Sale
USA – Many homeowners considering a short sale are concerned about a deficiency. “Will I be forced to repay my bank for the $150,000 they lost”, they ask me. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. The good news is that most homeowners are able to walk… Continue Reading