broolyn pre foreclosures foreclosure: Vincent, What's a Shortsale?
- 09/28/08 07:31 AM
This is probably one of the most common questions these days so I'm going to take this opportunity to give you a brief overview of what the term shortsale means. Short Sale (Short Sell, Short Pay, Pre Foreclosure Sale,).Explanation: Short Sale is a Real Estate Sales Transaction where the proceeds of the sale fall short of the property owner's unresolved real estate money owing obligations (mortgage loans, real estate dues, commissions, etc.). A lender may be in agreement to modify the amount to be paid on the mortgage and accept less than a full payment, by selling the property to a third party, and pardon … (0 comments)
broolyn pre foreclosures foreclosure: STOP Foreclosure in Queens NY
- 09/27/08 10:36 PM
Time is not on your side when facing foreclosure. You will want to take action "fearlessly and fast," to steer clear of and put a stop to foreclosure on your home and/or investment property. Once educated, you can determine to Stop foreclosure on your own, or you can choose to work with a specialist to SAVE your home and credit, without delay. Does this sound familiar? "My Adjustable Rate Mortgage went up and I can't come up with the money for the payment. Can you get it reduced for me?" "I've tried to work this out with my lender but they're … (0 comments)
broolyn pre foreclosures foreclosure: Vincent, What is Deed-in-lieu of Foreclosure?
- 06/14/08 07:40 PM
It's yet another alternative to foreclosure. One that I don't really recommend... instead I would recommend a shortsale. Click here to learn about shortsales and how you can benefit from them if you're considering the Deed-in-lieu of foreclosure. Vincent, What is Deed-in-Lieu of Foreclosure? You may be able to deed the property to your lender/servicer and avoid a lengthy foreclosure. This would help to keep away from a long-lasting foreclosure. For information on how this will disturb your credit rating, consult an independent tax advisor. This alternative sends to the credit bureau that the economic condition was mitigated. If accepted, the … (0 comments)
broolyn pre foreclosures foreclosure: Just Listed - 284 Jerome St. Brooklyn, NY 11207
- 03/12/08 12:09 PM
Property Description All Brick Legal 2 Family Being Used As 4 Family Being Sold As Is. 7 Bedrooms 5 Baths Finished Basement Wide Private Driveway 2 Car Garage Can Park 4 Cars. Walk To Transport & Shopping. Must See. Owner Super Motivated. Convenient Yet Private! This property is subject to bank's approval of a short sale. Listing Price $479,000 Bsmt/Subfl- Full / Finished. 1st Floor- 2 Apts-{4 Rms- Lr * Kit * 2 Bdrms * Bth} / Studio With Bth. 2nd Floor- 2 Apts-{4 Rms- Lr * Kit * 2 Bdrms * Bth}/Studio W Kit & Bth. Lot Size- 26 X 100 Lot Square Footage- 2,600 Building Size- 19 X … (0 comments)
This is probably one of the most common questions these days so I'm going to take this opportunity to give you a brief overview of what the term shortsale means.
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