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

Tag Archives: Good Faith

Will I Owe A Deficiency On A USA Short Sale If I Have An FHA Loan?

USA – The next most common type of loan that does not usually have a deficiency is an FHA loan. But, how do you determine whether or not you have an FHA loan? Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is the best way that I… Continue Reading

USA Short Sales: How To Keep Your Home With A Forbearance Agreement

USA – With a forbearance agreement, your bank agrees to hold back on its legal right to exercise foreclosure on you. They do this by coming up with a plan to bring you current on your mortgage payments after giving you some kind of a breather period. Click here to discover how other sellers successfully… Continue Reading

Introduction To Loss Mitigation Concepts Course-Lesson 2- Short sale benefits and drawbacks

Today I want to go over the question: Is a short sale right for you? Today will be a little shorter than yesterday, and I’m not going over so many options. I’m just going to cover pluses and minuses of doing a short sale. The benefits of a short sale are the following: Short sale… Continue Reading

Short Sale Your House & Get Paid E-Course: Segment 7- Working With an Agent

Working with an agent The next step is all the interactions of listing your house. Listing your house is not mandatory to sell it, you can sell it yourself. However, having a realtor is sometimes required by your lender. If you have a FHA loan it’s required to have your house listed on multiple listings… Continue Reading

Short sale… Gods gift? or curse?

Is a short sale right for you? Today will be a little shorter than yesterday, and I’m not going over so many options. I’m just going to cover pluses and minuses of doing a short sale.