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

Tag Archives: Option 1

USA Short Sales: There Is A Surprise Lien On The Short Sale

USA – The Stop Foreclosure Institute recently received a question from James. Here is his question. “Do you have any suggestions on a surprise lien from a Water Softener company? We were able to get Bank of America to approve the short sale without paying the lien. It could take another 60 days for Bank… Continue Reading

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

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

Foreclosure options for staying in your home- Video lesson 1 transcription (part 1 of 3)

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