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mike sikorski mba gri florida real estate broker: Are Distressed Homeowners Giving Up on Short Sales? - 08/19/10 07:34 AM
Are distressed homeowners giving up on short sales?
With foreclosure filings on the rise due in large part to continued employment losses and fallout from faulty mortgage loan modifications, it seems fewer and fewer homeowners are considering the possibility of short selling their home.
Within my own community, more than 80% of the homes that are currently in the foreclosure process are not listed for sale in the local MLS. What is even more staggering is the fact that over 50% of these same homes in pre-foreclosure have not been listed for sale in the MLS for the past 10 years!!
With REO inventories rising … (1 comments)

mike sikorski mba gri florida real estate broker: FREE Reports on Short Selling Your Home! - 06/18/10 08:21 PM
Go to www.ShortSellYourHome.net/FreeReports for your free, no obligation reports on the benefits of short selling your home!
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mike sikorski mba gri florida real estate broker: Mike Sikorski introduces www.ShortSellYourHome.net - 06/18/10 07:23 PM
Mike Sikorski launches website and marketing plan specific to homeowners facing foreclosure hardship in the Port Charlotte real estate market
 
Port Charlotte, FL - Mike Sikorski, a local real estate broker specializing in the marketing of homes by short sale, has developed a marketing strategy and website that is focused on assisting distressed homeowners find information and investigate options to avoid the foreclosure process. As an expert in short sales, a real estate transaction option that banks will consider instead of foreclosure with specific guidelines, Mike Sikorski is determined to provide essential knowledge to homeowners in Port Charlotte facing this … (0 comments)

mike sikorski mba gri florida real estate broker: Certain Loan Modifications Are ‘Designed” To Fail - 01/03/09 01:59 PM
“Unqualified” homeowners are being offered mortgage loan modifications by their bank or mortgage lender that are ultimately designed to fail, in a slight of hand effort to offer token assistance to consumers who should never have received mortgage loans in the first place.
Although many ‘qualified’ consumers are receiving favorably modified mortgage loan terms due in large part to sufficient monthly income and low debt to income ratios, many homeowners who have lost significant household income since first receiving their mortgage loan are being locked out of the loan modification process.  Even the government sponsored mortgage loan bailout programs are … (0 comments)

mike sikorski mba gri florida real estate broker: THINK TWICE ABOUT “SHOPPING” FOR A MORTGAGE - 12/06/08 08:29 PM
Consumers "shopping" for a mortgage have taken on a new twist, leading to the creation of an information-sharing network by competing mortgage lenders.
In a desperate attempt to secure some forms of mortgage financing, loan applicants have turned to tailoring their loan application and loan documentation to that of what a mortgage lender is known by reputation for getting certain loan programs approved and closed.  Think, "Telling them what they want to hear".  This includes stating different sources of income and even alternative forms of credit, all in an effort to get the loan approved the way the applicant thinks the … (1 comments)

 
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Mike Sikorski MBA GRI CRS

Port Charlotte, FL

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Realty One Group

Address: 1777 Tamiami Trail Suite 303-B, Port Charlotte, Fl., 33948

Office Phone: (941) 206-6000

Cell Phone: (941) 875-1203

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