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: Cynthia Schmier, CRS, CDPE, CNE, CIAS, 5-STAR
: Cynthia Schmier, CRS, CDPE, CNE, CIAS, 5-STAR's Blog
: Tag "foreclosure"
foreclosure: Steer Clear of SCAMS! - 02/22/12 03:10 PM
During the toughest of times, there are always a few swindlers who emerge with shady schemes that serve to make a bad situation a lot worse. The current foreclosure crisis is certainly no exception.Here are the Top Ten Warning Signs of a Mortgage Modification Scam:1. “Pay us $1,000, and we’ll save your home.”Some Legitimate housing counselors may charge small fees, but fees that amount to thousands of dollars are sign of potential fraud – especially if they are charged upfront.2. “I guarantee I will save your home – trust me.”Beware of guarantees. Unrealistic promises are a sign that the person making … (2 comments)
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foreclosure: Are you living under the cloud of an UNMANAGEABLE MORTGAGE? - 02/15/12 06:44 PM
It’s a sign of the times!
Most of us grew up thinking that if we planned well and played by the rules, we’d never have to stand by as our financial lives unraveled.
But upheaval on Wall Street, unacceptable rates of unemployment and plummeting real estate values have taken their toll. Since 2007, 7.9 million homeowners have lost their homes to foreclosure. Current estimates are that one in four homeowners owe more on their mortgages than they could get from the sale of their home. Millions more homes will be lost to foreclosure before this real estate crisis runs its … (2 comments)
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foreclosure: Home for Sale, Rainier, WA, Bald Hills, Vail, 5 Acres, Cabin - 02/08/12 09:52 PM
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foreclosure: Home for Sale, Yelm, WA, 3 Bdrm, Thurston County, Woodfield Subdivision - 02/08/12 09:12 PM
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foreclosure: Feeling Financially Squeezed? - 01/07/11 06:54 PM
Short sales are a terrific option for homeowners struggling with unaffordable mortgage payments. In fact, lenders’ losses due to foreclosure are projected to increase at record rates in 2011, giving them more reason to pursue short sales. Lenders are projected to incur losses as severe as 85 percent in foreclosure! Meaning, after deducting the expense of the foreclosure process on a $100,000 loan, they may only get back $15,000! It’s common sense that lenders will be looking toward the short sale solution. Even though they are accepting less than is owed on the property, they lose far less than in a … (0 comments)
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foreclosure: Top 3 Tips to Avoid Foreclosure if You’re Struggling to Pay Mortgage - 12/31/10 03:53 PM
As you’re heading out the holiday season, you may have found some extra time to research how you can avoid foreclosure. I applaud your taking the first and most important step in improving your situation—seeking help! Here are the top three things you should focus on when exploring foreclosure alternatives: 1. Create a Budget: When seeking an arrangement with your lender you must prove the monthly income shortfall that keeps you from making your mortgage payments. Create an itemized list detailing your monthly income and expenses. Pull together bank statements and check stubs for the last three months. 2. Know your … (0 comments)
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foreclosure: New Report for Homeowners Seeking to Avoid Foreclosure - 12/10/10 04:28 PM
Cynthia 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.shortsaleyelm.com and defines foreclosure alternatives, including short sales, loan modifications and forbearance. The holidays are a time of joy and family, but for many in Thurston and Pierce counties this is also a time of increased financial strain. With this report, Cynthia is helping homeowners in my community learn more about their options so they can have hope to carry them through the holidays. Foreclosure alternatives such as mortgage modifications and … (0 comments)
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foreclosure: Making Sense of Mortgage Modification - 11/17/10 02:01 PM
Making Sense of Mortgage Modification There has been much in the news in the past few weeks about mortgage modifications for homeowners who are having trouble making their house payments. Many are having difficulty qualifying for modifications, and so far the Home Affordable Modification Program (HAMP) has had disappointing results. Cynthia Schmier of RE/MAX Country states that she hasn't witnessed much success from the loan modification program either. There are other options available and several choices one can make. Please call Cynthia for a Free consultation on solutions. Foreclosure should always be the last option. Save your future financial portfolio. Call … (0 comments)
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foreclosure: Short Sales and Existing-Home Sales in Thurston and Pierce Counties - 10/27/10 07:43 PM
Short Sales and Existing-Home Sales in Thurston and Pierce Counties. The National Association of REALTORS® (NAR) just released their existing-home sales numbers, but what does this mean for homeowners and buyers in Thurston and Pierce County? According to NAR, 379,000 homes were sold nationwide in September, and they expect that a total of 4.53 million homes will be sold in 2010. This is down 19% from 2009 numbers when buyers were looking to take advantage of the tax credit that initially ended in November. Short sales have become an increasing portion of these (and national) home sales. Helping local homeowners avoid … (0 comments)
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foreclosure: Foreclosure Freeze - What Does it Mean for Homeowners - 10/22/10 06:36 PM
Foreclosure Freeze: What Does it Mean for Homeowners? You may have heard that Bank of America, Ally Financial (formerly GMAC), and JPMorgan Chase have all temporarily suspended foreclosure proceedings to investigate possible problems with mortgage documentation. Bank of America froze foreclosures in all 50 states, but recently announced they will move forward in the 23 states that resolve foreclosures through their judicial systems. Ally and Chase have continued to halt proceedings in these states. For homeowners having problems making mortgage payments, this may seem like tremendous opportunity to stay in their homes. The unfortunate reality is that the foreclosure process will … (0 comments)
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Cynthia Schmier, CRS, CDPE, CNE, CIAS, 5-STAR
Yelm,
WA
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RE/MAX Country
Address: 206 Yelm Ave W, Yelm, WA, 98597
Office Phone: (360) 400-3475
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