USA – The Stop Foreclosure Institute recently received a question from Richard. “I accepted a job transfer and had to move. Unfortunately we were upside down on the house. I decided to rent it out rather than short sale it. The renters just moved out. I just checked the house. They trashed it! I could… Continue Reading
USA – In most areas the rental market is very tight. Rental prices have been increasing because so many people are losing their home to foreclosure. But, what is still surprising is that in most cases it is still cheaper to rent than own an upside down home. See, home prices have dropped by 20-50%,… Continue Reading
USA – Some people don’t know why they should bother with a short sale. “I’ll just let the bank foreclose. A short sale isn’t worth the aggravation”, they tell us. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. There is one simple reason I would prefer to short… Continue Reading
USA – The Stop Foreclosure Institute recently received a question from Beckie. Here was her question. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. “I need your help. I am trying to short sale my house. My lender is one of the largest in the country. We have… Continue Reading
USA – I have something shocking to tell you. Bankers are not as smart as you or I think they are. You know the “perfect banker” that we meet in public. The person has never missed a payment, never been late, and has always had a bunch of savings in the bank. They sneeringly look… Continue Reading
USA – The Stop Foreclosure Institute recently received a question from Roberta. Here was her question. “A company has talked to me about short selling my home to them and they will then rent it back to me. They will allow me to buy it from them after my credit is repaired a few years… Continue Reading
USA – A short sale is often viewed as the only alternative to foreclosure because it mitigates additional fees and costs to both the creditor and borrower. By doing a short sale, you will retain some dignity in knowing that you sold your home and you will have no mortgage payments to make. Click here… Continue Reading
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