Tips to Help Avoid Foreclosure in Hawaii for 2011 - 12/20/10 01:37 PM
Tips to Help Avoid Foreclosure in Hawaii for 2011
 
Heading into the holiday season, you may have found some extra time to research how you can avoid foreclosure. If so, congratulations on taking the first and most important step in improving your situation—seeking help!
 
To be successful now and in 2011, here are the top three areas you should focus on:
 
1. Create a Budget:  When seeking an arrangement with your lender you must provide the monthly income shortfall that keeps you from making your mortgage payment. Create an itemized list detailing your monthly income and expenses. Gather your … (1 comments)

How To Qualify For HAFA Short Sale - 12/19/10 11:51 AM
With short sales making up so much of the current Real Estate market, I came across this blog by Dave Gubler, Orange County Real Estate.  It gives great information on the government program Home Affordable Foreclosure Alternative.  Take his advice if you think you may qualify.
Via Dave Gubler - Foothill Ranch, Lake Forest, Ladera Ranch and Mission Viejo (Orange County California Short Sale Specialist-IMLShortSale):
How To Qualify For HAFA Short Sale
First let's start by defining exactly what HAFA is:
The government's Home Affordable Foreclosure Alternatives program, or HAFA as it is commonly known may provide you with some relief.  There are … (6 comments)

Avoid the negative financial impact of foreclosure on Kauai - 12/07/10 05:03 PM
 
 Avoid the negative financial impact of foreclosure on Kauai
 
Local CDPE-designated agent, Bob Courtney of CENTURY 21 ALL ISLANDS, has developed a website providing information describing several opportunities for homeowners to avoid the negative financial impact of foreclosure, starting with mortgage modification. 
This community resource is available at www.ownersoptions.net  and defines foreclosure alternatives, including short sales, loan modifications and forbearance. 
 
“The holidays are a time of joy and family, but for many on Kauai, this is also a time of increased financial strain,” Courtney said.  “With this report, I’m helping homeowners in my community learn more about … (0 comments)

Government Owned Mortgages Update - 12/01/10 12:15 PM
 
Government Owned Mortgages Update
Just heard Freddie Mac and Fannie Mae have ended their temporary ban on selling foreclosed homes.   They have cut ties with the law firm that supposedly forged document signatures and concealed some files from auditors.  The two government -sponsored entities (GSE's) have agreed to allow brokers to market REO's and are ready to move forward with closing sales of  any properties under contract.
Between them, Freddie and Fannie own or guarantee about half of all U.S. home mortgages.  This equates to approximately  thirty one million loans worth.   Value of these notes total  about five trillion dollars.  This makes them a very … (4 comments)

 
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Robert Courtney, RA, CDPE, MCRE, CIAS ( CENTURY 21 ALL ISLANDS )

Lihue, HI

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Address: Kapaa,Lihue,Kalaheo,Lawai,Koloa, Poipu,Omao,Eleele,Hanapepe,Waimea,Kekaha

Cell Phone: (808) 647-0283

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