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Falling behind? Take action before your creditors do! - 11/30/09 03:42 PM
A lot of my clients have more than just house debt...usually they also have credit card and other debt to add to the mix. Once you start borrowing from one to pay the other, or keeping some up at the expense of the others, it's time to start considering your options and fast. If you're falling behind on your home or not paying other creditors to pay for the home, it is only a matter of time before you start having collection problems. I cannot stress enough that when you see or even foresee this happening, please GET HELP RIGHT
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Big Brother Screws Up Again - A Perfect Example of How the FHA Short Sale Program Falls Flat - 11/14/09 01:31 PM
The latest FHA short sale guidelines: Another well intentioned but terribly executed government program. At first the FHA process seems like a great thing. You can get your short sale moving along right away for that elusive "pre-approved short sale". You'll know right away what will yield an acceptable net and there's no guesswork involved. Sounds great - right? WRONG. Theres several MAJOR flaws in the program and it will ultimately just lead to more foreclosures. 1. Getting into the program. Theoretically you just call the lender and get in - the approval process starts right away. Truth is that is just
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Minna Reid, CT REALTOR®, Short Sale Agent
Southington,
CT
More about me
Keller Williams Realty
Address: 29 South Main Street, West Hartford, CT, 06107
Cell Phone: (860) 416-1255
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