sfr: Where to start If You Can't Pay Your Mortgage Payment
- 11/14/16 11:27 PM
Whatever you do, don't skip a payment and think nobody will notice. Living paycheck to paycheck is not really uncommon for most homeowners. And quite often, when you find yourself in a bind and you’re struggling to make the next mortgage payment, you may be tempted to try and skip a payment, thinking you'll be able to repay it later once you get back on track. Find answers here
Where to start If You Can't Pay Your Mortgage Payment … (1 comments)
sfr: Short Sale VS Foreclosure what are the differences
- 02/28/15 08:09 PM
Short Sale VS Foreclosure So you are considering walking away from your home? You have tried doing a loan modification and got nowhere, or the proposal you received made your payment even higher than before. So you feel that just walking away and leaving the home is your only option now. This may not be the only option left for you. Or even the best thing that you can or should do. Cindy and I have successfully assisted over 200 families complete successful short sales in our real estate careers. We both hold the Designation of Certified Distressed Property Experts … (0 comments)
sfr: A short-seller hoping to own again? Do this first
- 02/10/14 04:11 AM
Did you Short Sale your home in the past? Potential homebuyers with a previous short sale in their history should pay careful attention to their credit report. If they plan to apply for a mortgage soon, they should make sure the earlier short sale information was reported accurately. http://bit.ly/MFY5hi
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sfr: Expired short sale tax relief may impact home sales
- 02/06/14 11:05 AM
Are you suffering a Hardship? Is your house worth Less than You Owe on It? According to Fitch Ratings, the recently expired tax relief provided by the Mortgage Forgiveness Debt Relief Act (MFDRA) of 2007 may lead to modestly negative pressure on liquidation timelines as potential short sellers hold off listing their home. The longer it takes for Congress to renew the tax forgiveness – assuming it does – the more home sales will be impacted. http://bit.ly/1bv2j1C
Whatever you do, don't skip a payment and think nobody will notice. Living paycheck to paycheck is not really uncommon for most homeowners. And quite often, when you find yourself in a bind and you’re struggling to make the next mortgage payment, you may be tempted to try and skip a payment, thinking you'll be able to repay it later once you get back on track. Find answers here
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