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loan modification: Short Sales - Time to Take Control - 10/17/09 04:03 PM
Short Sales - Time to Take Control I mentioned previously (http://www.foreclosuretruth.com/blog/sean/are-foreclosure-sales-simply-h...) that as a society we don’t have the political will to foreclose on every mortgage in default. As a result, we see government interventions including foreclosure moratoriums, troubled asset relief, and new loan modification programs. However, these are at best stop gap measures — each failing to adequately reduce principal balances to address the core problem of negative equity.
It’s time to stop waiting for a government bailout or for the bank to come take the house. Homeowners in default don’t have to choose between the lesser evil of … (1 comments)
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loan modification: No Equity In Your Home? Or Behind On Payments? It's Not Your Fault... - 10/14/09 04:19 PM
Hello Neighbor,
If you find yourself in a position where you owe more than your home is worth and you need to sell, a short sale may be your best option. But don't get taken for a long, stressful ride by a self proclaimed 'expert'...
"What is a short sale?" Simply put, a short sale is a real estate transaction where the homeowner owes their lender more than what their property is worth and they need to sell. In a short sale, the lender must approve and accept less than what they are owed as full payoff (this means they may … (0 comments)
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Kenny Wagner
Las Vegas,
NV
More about me…
Address: 260 E. Flamingo Rd., Las Vegas, NV, 89169
Office Phone: (702) 483-0890
Cell Phone: (702) 483-0890
Email Me
What's In It For You - A Realtor?? - IF...You Work with A Short Sale Investor
Homeowners
Know Your Options, Learn How To & Action Steps You Can Take When You're Behind in Payments - Are In Foreclosure - And Can't Sell Your Home Because You Owe More Than It's Worth
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