adjustable mortgage: How John could help if you are upside down and can no longer make your mortage payment?
- 05/07/08 04:26 PM
Our Short Sale Specialists Can Help You Achieve a Fresh StartHaving difficulty making your mortgage payments?Do you want lenders stop calling?Do you want to dispose your debt?Your mortgage adjusts soon and you cannot afford paying the new rate?Want to sell your house but there is not enough equity?Do you want a fresh start?Regardless of your circumstances, we have powerful solutions available. John Hruska is part of the the leading SHORT SALE REAL ESTATE TEAM in Northern Illinois. … (0 comments)
adjustable mortgage: Do you qualify for a short sale ?
- 05/06/08 01:17 PM
Do I qualify for a Short Sale? Do You.... Owe more on your property than what you could sell it for, especially after real estate commission, closing costs, late payments, interest, etc? Have difficulty covering your expenses each month? Not have money in the bank to cover the difference of what you could sell your house for and what you owe the bank? Are You Having Trouble Making The Payments? Are You.... Feeling the stress mounting with each missed payment and phone call from your bank? Have difficulty covering your expenses each month? Getting confused as to what your options are … (0 comments)
adjustable mortgage: What is a Short sale ?
- 05/05/08 11:39 AM
Definition of a Short Sale: The amount owed on a property is greater than the actual value and the lender agrees to forgive the difference to avoid foreclosure. For all the homeowners who are upside down and can no longer make their mortgage payment, until now the only option was, well, letting the lender foreclose. The reason homeowners are in this situation is: 1. Unexpected hardship - Job loss, change in income, increased debt, family emergencies, etc. 2. Creative mortgage financing - ARM and/or payment adjustment, deferred interest program (option ARM), 100% financing, purchase money, subprime mortgage, 40/50 year mortgages, etc. 3. Market conditions - Values decreasing, no equity, speculators, flippers Foreclosure is not a good option since it can … (0 comments)
… (1 comments)
;)
;)
