Your Credit in a Foreclosure vs. a Short Sale - 09/27/08 01:56 PM
Know that sellers will take a bigger hit on their credit report by going through foreclosure than going thru a Short Sale. Of course paying you mortgage with a few late payments and modifying you loan is the best course of action, however that topic is for a different blog.  FICO score may sway towards the following:
ForeclosureA hit of 200 to 300 points may occur within the 3 different credit bureaus. This means if a seller's FICO score before foreclosure was 720, it could dip lower than 300.  The seller has to also consider the initial dings from the lates caused prior to the end … (0 comments)

LOAN Can't REFI then MODIFI - 09/27/08 01:54 PM
Loan Modification :
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
John 
A foreclosure solution provider that may help lower your interest rate, mortgage payment, and back-end all of your delinquent payments so you can keep your home.
… (0 comments)

Orange County, California, Loan Modification - 09/27/08 01:47 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

Orange County CA Loan Modifications - 09/27/08 01:46 PM
If you can afford your home loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities to save everyone.  Many people are … (0 comments)

Los Angeles, California, SHORT SALE - 09/27/08 01:44 PM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
 PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Orange County - California - SHORT SALE - 09/27/08 01:42 PM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Orange County CA Loan Modifications - 09/20/08 12:39 PM
If you can afford your home loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities to save everyone.  Many people are … (0 comments)

LOAN Can't REFI then MODIFI - 09/20/08 12:36 PM
Loan Modification :
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
John 
A foreclosure solution provider that may help lower your interest rate, mortgage payment, and back-end all of your delinquent payments so you can keep your home.
… (0 comments)

National Loan Modifications - Adjusting ARM / Rate , Reverse Mortgage , or Can't Pay the Mortgage? Trying to Avoid Foreclosure... - 09/20/08 12:35 PM
Payments too HIGH? Need HELP with your LOAN? Trying to Avoid Foreclosure? I can HELP...
Are you late on your mortgage payments? Is your loan set to adjust to a new payment soon? Is your ARM adjusting to the point that you cannot afford to your monthly payment? Are you currently suffering in a hardship that impedes on your monthly payment? Are you in a loan that you cannot afford? No equity to refinance your loans?
Let me HELP you with some OPTIONS... call for a FREE Consultation Service.
     I have no interest in purchasing or transfer the deed of … (0 comments)

California - Loan Modification - 09/20/08 12:32 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (1 comments)

Inland Empire - California - Loan Modification - 09/20/08 12:31 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

San Diego County - California - Loan Modification - 09/20/08 12:29 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

Los Angeles - California - Loan Modification - 09/20/08 12:27 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

Orange County - California - Loan Modification - 09/20/08 12:25 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

Los Angeles - California - SHORT SALE - 09/20/08 11:11 AM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
 PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Orange County - California - SHORT SALE - 09/20/08 11:10 AM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (0 comments)

Orange County - California - SHORT SALE - 09/13/08 11:28 PM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
John - (714) 369-4333
… (0 comments)

LOAN Can't REFI then MODIFI - 09/13/08 11:27 PM
Loan Modification :
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
John (714) 369-4333
A foreclosure solution provider that may help lower your interest rate, mortgage payment, and back-end all of your delinquent payments so you can keep your home.
… (0 comments)

National Loan Modifications - Adjusting ARM / Rate , Reverse Mortgage , or Can't Pay the Mortgage? Trying to Avoid Foreclosure... - 09/13/08 11:26 PM
Payments too HIGH? Need HELP with your LOAN? Trying to Avoid Foreclosure? I can HELP...
Are you late on your mortgage payments? Is your loan set to adjust to a new payment soon? Is your ARM adjusting to the point that you cannot afford to your monthly payment? Are you currently suffering in a hardship that impedes on your monthly payment? Are you in a loan that you cannot afford? No equity to refinance your loans?
Let me HELP you with some OPTIONS... call for a FREE Consultation Service.
     I have no interest in purchasing or transfer the deed of … (0 comments)

Loan Modification - WAMU - 09/13/08 11:25 PM
If you can afford your home loan and WAMU is servicing your loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities to … (0 comments)

Loan Modification - IndyMac - 09/13/08 11:24 PM
If you can afford your home loan and IndyMac is servicing your loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities … (0 comments)

August Forclosure Rate Hits another High - 09/13/08 01:38 AM
     With the nation in a recessionary economy, with job losses exceeding 400,000 a month, August of 2008 holds about 304,000 homes were in default and 91,000 families lost their houses.  Now more than 770,000 homes have been repossessed by lenders since August 2007, when the credit crunch took hold.  Foreclosure filings of all kinds, including notices of defaults, notices of auctions and bank repossessions, grew 12% in August over July, and 27% compared with August 2007.  The 27% jump over last August represents a more modest year-over-year increase than in previous months, but that's only because the housing crisis was already underway … (0 comments)

Mattress Discounters Files Bankruptcy Again... Closing 45 Stores - 09/13/08 01:30 AM
     Maryland based Mattress Discounters filed Chapter 11 Sept. 10, 2008. The mattress retailer operates 140 "sleep centers" in six Northeast states. The company reported an $11 million net loss accumulated over the last 18 months. Founded in 1978, the company employs approximately 475 people. Immediately, the company will shut down its 45 stores located in the New England states of NH, MA and RI. The retailer said it will also close some Mid-Atlantic stores, but did not specify the amount.      The retailer attributed its need to file to "the industry downturn, combined with increasing competition and a weakened overall … (0 comments)

What do you know about your loan officer? You will now know... - 09/13/08 01:24 AM
     Until now there hasn't been a nationwide site or service where you could look. But that's about to change because registering mortgage loan officers is now the law of the land.  The Secure and Fair Enforcement for Mortgage Licensing Act of 2008, part of the FHA reform bill, sets in place national standards for mortgage loan officers. Prior to the legislation 14 states participated in the voluntary Nationwide Mortgage Licensing System, but under the new rules all states and all loan officers will be part of a mandatory registration system to be established during the coming year.
     What's the … (0 comments)

When the Billionaires Start to Worry... - 09/13/08 01:05 AM
Now as the economy suffers, Lee Hausner, a psychologist at IFF Advisors Inc., in Irvine, Calif., who works primarily with wealthy families, has noticed rising anxieties about spending.  The combination of depressed financial investments and declining real estate values is a formidable burden, even for those who have accumulated the most.
"Almost everybody is worrying, including people who are billionaires," said Dennis Pearne, a psychologist in Framingham, Mass., who works with wealthy patients. He says lately he has noticed that "the worry increases with the size of the holdings."     The bigger the amount, the more patients have to worry about losing, … (0 comments)

FED's Late Night meeting on Lehman Brothers Situation - 09/13/08 12:54 AM
     As the Federal Reserve Bank of New York held an emergency meeting tonight with top Washington policymakers and major financial institutions to discuss the future of Lehman Brothers.  The meeting was held at the offices of New York Federal Reserve Bank president Timothy Geithner. The meeting was confirmed by Fed spokeswoman Michelle Smith.
     Smith refused to disclose what financial institutions participated in the meeting or whether the group had reached any conclusion over how to resolve the crisis facing Lehman Brothers.  She said that in addition to Paulson and Geithner, Christopher Cox, the chairman of the Securities and Exchange Commission, … (0 comments)

Loan Modification - OCWEN - 09/06/08 11:56 PM
If you can afford your home loan and OCWEN is servicing your loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and/or fixing the rate for a certain amount of time.
Our Services
     Lenders and servicers are very busy with homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities … (0 comments)

Orange County - California - SHORT SALE - 09/06/08 11:53 PM
For the borrower(s) that are unable to maintain your mortgage payment(s)and need an option to avoid possible Foreclosure or worse Bankruptcy.  Here are some hardships that may qualify for short selling a home.
MORTGAGE RELATED REASONS
No Equity available to Refinance Interest Rate Adjusted Balloon is due Huge Negative Amortization
PERSONAL RELATED REASONS
Loss of Employment Loss of Secondary Income Medical Related Issues Divorce or Separation Military Transfer or Deployment Job Relocation
 
John Kim - Short Sale Processor
(714) 369-4333
… (2 comments)

Loan Modifications - 09/06/08 11:52 PM
If you can afford your home loan, then you may be eligible for a loan modification.
Loan Modification
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
 
Our Services
     Lenders and servicers are very busy with desperate homeowners trying to save their homes from foreclosure. Unfortunately, they do not have the man power or the capabilities to save everyone.
     … (0 comments)

LOAN Can't REFI then MODIFI with a Loan Modification - 09/06/08 11:52 PM
Loan Modification :
This when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and fixing the rate for a certain amount of time.
A foreclosure solution provider that may help lower your interest rate, mortgage payment, and back-end all of your delinquent payments so you can keep your home.
… (0 comments)

National Loan Modifications - Adjusting ARM / Rate , Reverse Mortgage , or Can't Pay the Mortgage? Trying to Avoid Foreclosure... - 09/06/08 11:52 PM
Payments too HIGH? Need HELP with your LOAN? Trying to Avoid Foreclosure? I can HELP...
Are you late on your mortgage payments? Is your loan set to adjust to a new payment soon? Is your ARM adjusting to the point that you cannot afford to your monthly payment? Are you currently suffering in a hardship that impedes on your monthly payment? Are you in a loan that you cannot afford? No equity to refinance your loans?
Let me HELP you with some OPTIONS... call for a FREE Consultation Service.
     I have no interest in purchasing or transfer the deed of … (0 comments)

Orange County - California - Loan Modification - 09/06/08 11:51 PM
LOAN MODIFICATION
Adjustment of the terms of a loan during its term in a way not accounted for in the original loan contract but accepted later by mutual consent of the lender and borrower. Usually a concession to the borrower in an attempt to avoid Foreclosure.
     Servicing your loan modification and to aid you in the relief from mortgage payment you can not afford.  I'm here to process the right way with your lending company so you can live your life without this stress. Again, if you wish not to lose your home and are looking for options consider calling … (0 comments)

1.2M Homes Hit by Foreclosure - 09/06/08 11:49 PM
     As loans in foreclosure have doubled over the past year, while delinquency rates continue to soar.  A record 1.2 million homes were in foreclosure during the second quarter of 2008.  That represents 2.8% of all outstanding loans, up from 1.4% of all loans during the same period a year ago, according to a report released Friday by the Mortgage Bankers Association (MBA).
     And 490,000 of the 45 million home mortgages serviced by MBA members began new foreclosure proceedings. That's up 9% from the 448,000 starts recorded in the previous quarter, and marked the seventh straight quarter that foreclosure starts … (0 comments)

Fannie and Freddie may take over 2 Large Mortgage Lenders... - 09/06/08 11:00 PM
     Newswires reported late Friday night that the government will likely take over the two largest mortgage lenders, possibly before the end of the weekend. The move would make Fannie and Freddie government subsidiaries, oust their two chief executives, wipe out their equity shareholders, but preserve debt holders.  As credit markets went into a deep freeze last fall, Tishman Speyer and Lehman Bros. needed an 11th-hour assist from mortgage-finance giants Fannie Mae and Freddie Mac to close their $22 billion leveraged buyout of apartment REIT Archstone-Smith Trust.      The deal effectively marked the end of an unprecedented wave of major takeouts … (5 comments)

Pre-Foreclosure Options... Foreclosure should not be the only option for you. - 09/01/08 10:27 PM
Do Nothing - If a homeowner does nothing, they most likely will lose their home at foreclosure auction.  Loan applications generally ask if the applicant has ever been foreclosed upon.  Credit reports also disclose this damaging information. Not the best option.
Payoff/Refinance - Completely paying off the entire loan amount plus any default amount and fees.  Usually this is accomplished through a refinance of the debt.  New debt is at a normally higher interest rate and there may be a prepayment penalty because of the recent default.  With this option, there should be equity in the home.
Reinstatement - Paying the … (0 comments)

25 Top Paying Jobs w/out a 4yr. Degree... - 09/01/08 10:14 PM
Here are 25 of the top-paying jobs that don't require a four-year degree and their average salaries, based on data from the BLS and CBSalary.com.
1. Air traffic controller: $102,0302. Funeral director: $79,517 3. Operations manager: $77,839 4. Industrial production manager: $73,000 5. Transportation manager: $72,662 6. Storage and distribution manager: $69,898 7. Computer technical support specialist: $67,689 8. Gaming manager: $64,880 9. First-line supervisor/manager of police and detective: $64,43010. Nuclear power reactor operator: $64,090 11. Computer specialist:$59,48012. First-line, non-retail supervisors/manager: $59,30013. Nuclear technician: $59,200 14. First-line supervisor/manager of fire fighting and prevention worker: $58,920 15. Real estate broker: $58,720 16. Elevator installer and repairer: $58,710 17. Sales representative, wholesale and manufacturing, technical and scientific products: $58,580 18. Dental … (0 comments)

America's 10 Lowest Paying Jobs - 09/01/08 10:12 PM
10. Ushers, Lobby Attendants, and Ticket Takers
Average hourly earnings: $8.41 Average annual earnings: $17,500
9. Waiters and Waitresses
Average hourly earnings: $8.27 Average annual earnings: $17,190
8. Shampooers
Average hourly earnings: $8.20 Average annual earnings: $17,050
7. Gaming Dealers
Average hourly earnings: $8.18 Average annual earnings: $17,010
6. Counter Attendants, Cafeteria, Food Concession and Coffee Shop
Average hourly earnings: $8.15 Average annual earnings: $16,950
5. Hosts and Hostesses, Restaurant, Lounge and Coffee Shop
Average hourly earnings: $8.10Average annual earnings: $16,860
4. Dining Room and Cafeteria Attendants and Barbacks (Bartender Helpers)
Average hourly earnings: $7.84 Average annual earnings: $16,320
… (0 comments)

 
1shortsale Rainmaker_large

John Kim

Irvine, CA

More about me…

Short Sale TC

Address: Irvine, CA, 92618

Email Me

Short Sale Processing Service that will help any person that is interested in closing a successful short sale.


Listings

Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and Irvine real estate on ActiveRain.