Tag: Mortgage Company | Stop Foreclosure Foundation

USA Short Sale Question: What Kind Of hardship Would My Lender Consider Legitimate?

Posted on January 30, 2012 by CarlOrb • 0 Comments

USA – The type of hardship that your lender will consider legitimate depends on the mortgage company considering the Short Sale request. In general, so long as the hardship is real & acceptable and the mortgage company believes the loan is likely to become delinquent. As a result, the Short Sale request will be processed by… Continue Reading

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

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

Posted on January 24, 2012 by CarlOrb • 0 Comments

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

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

USA Short Sales: Do Not Pay Any Upfront Fees To Anyone

Posted on January 12, 2012 by CarlOrb • 2 Comments

USA – Most state governments have determined that the practice of offering consulting services to those with delinquent mortgages presents an opportunity for abuse. You don’t need to pay any consulting fees to get the help that you need to resolve your unpaid loan. Click here to discover how other sellers successfully did a short… Continue Reading

Filed Under: Avoid Foreclosure, Loan Modification, Short Sale Deficiency, Short Sales, stop foreclosure

Short Sale E-Course- Segment 19: Follow up on alternative ways of collecting money

Posted on October 31, 2010 by admin • 0 Comments

Variations on rebate method I promised to go into a further discussion of some of the non-recommended variations of collecting money in a short sale process, there’s a lot of ways to do it. Real estate is complicated and there’s so many ways to make money in real estate. In general you’re slightly more limited… 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: 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 18: Negotiating, Acceptance Letter, Closing and Conclusion

Posted on October 21, 2010 by admin • 1 Comment

Negotiating multiple liens What if there are multiple liens and you need to negotiate with multiple lien holders, how do you do that? The problem when you’re dealing with multiple liens is that the first mortgage will not approve a short sale unless all junior liens receive no more than a total of $1000. However, if you’re… Continue Reading

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

Short Sale Your House & Get Paid E-Course- Segment 17: Negotiating the Acceptance Letter and Closing- continued

Posted on October 20, 2010 by admin • 7 Comments

Shifting cuts and using email A couple extra tips on top of your negotiation: Many concessions can be passed on to the buyer or buyer’s agent. For instance, the bank may set your agents’ limit to 5%. You can go to the agent that’s representing the buyer and let them know that the bank is requiring… Continue Reading

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

Short Sale Your House & Get Paid E-Course- Segment 16: Negotiating the Acceptance and Closing

Posted on October 16, 2010 by admin • 0 Comments

Loss mitigator basics At some point when negotiating an acceptance letter and bringing your short sale to a successful close, you’re going to talk with an actual decision maker, an actual loss mitigator, someone who has some decision making capability. When you do, remember that the loss mitigator is a person. I’ve heard that he/she… Continue Reading

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

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