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Vacant Short Sale Listing - Who is Responsible? - 02/28/12 11:30 PM
I have several short sale listings. A majority of them are occupied by the homeowner. Occassionally I have sellers who are fed up with the process and wind up moving out prior to the short sale completion but they typically remain in the area and continue to check on the status of the property as we also do. However, I currently have a short sale listing where the homeowner has moved on and out of the state completely. After the home had been vacant for about a month the lender slapped a vacancy sticker on the window and changed the locks.
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Upcoming Changes to the HARP 2.0 Refinance Program - 02/28/12 10:59 PM
Look Out for Upcoming Changes to the HARP Program HARP allows homeowners facing difficulties refinancing their mortgage through conventional methods to apply for a refinance of their mortgage. A homeowner that is current with their monthly payments but unable to refinance due to a drop in the value is the typical prime candidate for the HARP program. The ultimate goal is to allow a homeowner to do a mortgage refinance for a lower interest rate and overall monthly payment. Here are the general eligibility guidelines for HARP: There is no loan-to-value cap in the new HARP, for fixed-rate loans. This
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Diane Wheatley, Inland Empire Expert
Rancho Cucamonga,
CA
More about me
Move Up Properties
Address: 180 N. Benson Ave., Ste. A/B, Upland, CA, 91786
Office Phone: (909) 981-5400 x 225
Cell Phone: (909) 815-4499
Email Me
Survived the mortgage meltdown and live to teach others how to buy and sell in the ever changing housing market of California.
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