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short sales: LENDERS NEED TO WORK WITH CLIENTS THAT ARE PROACTIVE STOP THE BLEEDING - 06/18/08 09:17 PM
It is strange to me when home owners, who can see the handwriting on the wall and are looking for relief are rejected by lenders because they are not in default.  I have a client that in approx. 3 months will be out of funds necessary to continue their mortgage payments.  They have asked for a loan modification that will fit their future budget or at least a forbearance plan.  Because they are not in default the lender is not interested.  Their finances have changed, they have been proactive based are their circumstance, the lender is not interested. 
Maybe I am old fashioned … (5 comments)

short sales: Short Sales Revisited - A few things to know before you list or buy - 06/06/08 07:45 PM
Short Sales Ins & Outs, What to expect.
Sellers, when to consider a short sale.
1. You owe more than the current market value & you need to sell
2. If you don't need to sell in this market don't list your property
3. In a short sale you have to consider the current Fair Market Value of your home: Do you owe more than than the current fair market value of your home?
4. Do you have an interest only loan, with an escalating interest rate? An ARM?
5. Are you on a fixed income, does the increasing cost of … (4 comments)

 

Cindy Saling

Surprise, AZ

More about me…

Award Realty

Address: Surprise, AZ, 85374

Office Phone: (623) 544-4663

Cell Phone: (623) 606-3243

Email Me

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