|
| |
short sale: Homeowners Also Responsible for Mortgage Fraud - 09/02/08 12:32 PM
Desperate to get 'out-from-under' in a declining market some homeowners have decided to walk away from mortgages they can no longer afford creating two rising scams to add to the mortgage crisis - the so called "buy and bail" scam and "phony short sales" scam.
Both scams include lying on your mortgage application which is a prosecuteable offense but in the Inland Empire enforcement is taking low priority because of the belief that it will be more beneficial to prosecute scammers who take advantage of consumers rather than lenders.
Read the article...Homeowner Fraud Exacerbates Mortgage Crisis
… (9 comments)
|
short sale: Short Sales, Quit Claim Deeds, Acceleration Clauses & Foreclosure - 08/26/08 12:14 PM
A report published by FREDDIE MAC (Federal Home Loan Mortgage Corporation) tells us that "fewer than half of homeowners contact their lenders before entering foreclosure". These homeowners are not only missing out on the assistance they might be able to receive from their lender, they more than likely do not know that are entitled to talk to a counseling agency. Others mistakenly believe that transferring title to the property will solve the problem.
Many homeowners who find themselves facing foreclosure proceedings labor under the misconception that the banks or lenders want their home; this is not true. The foreclosure will cost … (5 comments)
|
short sale: Need a Quick Sale? Price Your Home Right - 08/11/08 12:02 PM
In the current market many homeowners are finding themselves faced with foreclosure proceedings. With the hope of catching-up the delinquent payments dwindling the only option left often becomes selling the home…quickly.
Many areas have seen home values drop so that sales prices will not cover the loan balance. Don´t despair.
Your lender may be willing to work with you on a short sale transaction, i.e. you can sell the home for current market value but the sale is lender approved as to what they will accept for a pay-off of the loan. If a short sale offer is submitted for your … (4 comments)
|
short sale: 4 BD/2 BA Short Sale in Upper Yucaipa - Updated... - 05/15/08 12:23 AM
WOULD YOU BELIEVE THIS GREAT BARGAIN IS STILL AVAILABLE?
EASY TO SHOW...MAKE AN OFFER
WHAT A DEAL! NEEDS REPAIRS BUT...
JUST LOWERED $50,000 -- LISTING PRICE $225,000
THIS IS A SHORT SALE....BANK IS WORKING WITH US
NEED AN OFFER IMMEDIATELY
NEEDS SOME WORK BUT WE'VE BEEN TOLD THAT $2000 SHOULD TAKE CARE OF IT (THAT'S JUST HEARSAY...WE CAN'T DEPEND ON IT- NO GAURANTEES)
THIS IS A 4 BEDROOM 2 BATH MAIN HOUSE
THERE IS A 1 BEDROOM 1 BATH UNIT IN BACK
GOOD SIZED LOT ON A VERY NICE PRIVATE STREET
MLS #E08028278
… (6 comments)
|
short sale: Alta Loma - HUGE PRICE REDUCTION! ALREADY APPROVED SHORT SALE - 04/28/08 03:00 PM
SELLER WILL LOOK AT ALL REASONABLE OFFERS
4 BD/2 BA ~ HORSE PROPERTY
HORSE TRAILS RUN BEHIND HOMES!
2 FIREPLACES ~ WET BAR ~ MOSAIC STYLE COUNTERTOPS
ARE JUST A FEW
WILL ALSO CONSIDER A LEASE OPTION
U DRIVE ~ DUAL RV PARKING
$490,000
MLS: E08013070
SELLER LICENSED REAL ESTATE AGENT
… (1 comments)
|
short sale: Find Yourself in a Pre-Foreclosure Situation? Don't Give Up Hope! - 10/22/07 01:13 PM
Life is full of ups and downs. Any of us can suffer from a financial setback for any number of reasons...unemployment, illness or injury, divorce. But there ARE options to help you get back on track. The first and possibly most important thing to remember in this situation is time is crucial. If you have already received a Notice of Default you usually have only 90 to 120 days.
To help put your thoughts in order keep these important points in mind.
Respond to letters or calls from your lender. Analyze your budget and financial situation. Be prepared to share details … (15 comments)
|
short sale: 4 BD/2.5 BA Short Sale in Desireable Chapman Heights Yucaipa, CA 11401 Silverado Way - 10/13/07 02:19 PM
4 BDRM/2.5 BA IN DESIREABLE CHAPMAN HEIGHTSLocation: YUCAIPA, CAThis Is A Short Sale...Beautiful Chapman Heights Home, Close To Elementary School, Regional Park And Shopping. Large Kitchen With Lots Of Cabinets Opened To Family Room Living Room Dining Combo For Those Large Family Sit Down Dinners. Possible 5th Bedroom, Office Or Mother-In-Law Bedroom. Balcony Off Master.. Show And Sell Owner Anxious.InformationContact InformationC J BACZKOWSKI(909) 790-5995/(909) 553-6154laphillips.div@gmail.comContact Reply FormForward to a FriendView Other FlyersPricingFlexibility: SHORT SALEAdditional Pricing Information: 100% FINANCING AVAILABLEProperty Location11401 SILVERADO WAYYUCAIPA, CA 92399View MapFeaturesBedrooms: 4Bathrooms: 2.5Year Built: 2004Subdivision: CHAPMAN HEIGHTSLot Size: 7700+Garage Size: 3 CARSchool District: YUCAIPASquare Footage: 2607Agent Name: … (7 comments)
|
|
|
|
|
|
Lynnette Phillips Real Estate Consultant
Yucaipa,
CA
More about me…
Address: Yucaipa, CA, 92399
Cell Phone: (909) 327-8600
Email Me
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)