Real estate blog entries tagged with mortgage by Stella Barbour - Real Estate Agent - Serving Virginia and Maryland (Jobin Realty

Home : Blogs : Stella Barbour - Real Estate Agent - Serving Virginia and Maryland : Stella Barbour - Real Estate Agent -'s Blog : Tag "mortgage"

mortgage: Anyone with Short Sale or Loan Modification experience with National City Mortgage? - 06/03/09 11:50 AM

I have had a difficult time getting anything accomplished with National City Mortgage on both my short sale and a loan modification that I am working on. I sit on hold for no less than 45 minutes at a time and then I will get someone rude, not helpful, and tries to rush … (5 comments)

mortgage: MORTGAGE FRAUD STORY - SHORT BUT INTERESTING - 04/24/08 03:43 PM

As some of you know, I work at a law office as a Paralegal/bankruptcy assistant and today was interesting. Potential client came in for a consultation. (By the way, my clients gave me permission to share this with everyone in this blog and encourage others not to be as naïve as they were).
… (27 comments)

mortgage: Deliberate Foreclosure or Lack of Competence During Short Sale Process???? - 04/01/08 10:25 PM

I know I can't win them all, but I try my best to achieve that.
Here is the scenario:

Property: Single Family Home Purchased in 2003. Never made payments late till November 2007
About 3000 sq. ft. Nice lot, house needs a little cosmetic but mainly a … (20 comments)

mortgage: Do we have a contract or not? - 02/27/08 02:52 PM

Another Real Estate Agent I know had asked me some questions about a deal she was working on because she was unclear of what to do next. I wanted to share this situation with others because in this market this situation may arise with one of your deals.
Lister has property … (15 comments)

mortgage: Beware of Short Sale Fraud - 01/23/08 06:24 PM

I was just speaking to a neighboring real estate agent who told me that some people she met, who are not well informed of what happens in a short sale, gave $3000 to a Real Estate Company who said they will not lose their home if they listed with them to … (9 comments)

mortgage: Foreclosure Leads to Judgments Issued. - 01/12/08 09:50 PM

The more I talk to people who are thinking about letting their home go to Foreclosure, just giving up, the more I realize that they think this decision will end their dilemma and everything stops because they are giving the home back to the bank.
I explain that after a home … (14 comments)

mortgage: Getting Professional Legal Advice is the Best Choice. - 01/12/08 09:30 PM

Yesterday’s market has created problems with property owners paying their mortgage timely or affording their mortgage, which leaves them with difficult decisions to make.
Try to keep the property and continue to be house poor and struggle with the stress of trying to keep up.
Attempt a short sale.
Let the … (12 comments)

mortgage: WHEN YOU THINK TOO MUCH IS OWED ON THE PROPERTY, A SHORT SALE CAN STILL BE APPROVED - 11/26/07 01:37 PM

If you think too much is owed on the property and a short sale doesn't look like an option, it may still be an option. I want to share with you one of the most difficult short sales that I have had.
Here is one that I just completed sucessfully.
GMAC 1st … (20 comments)

mortgage: When someone requests a short sale - I follow up with a letter like this to get started. . . - 10/20/07 12:45 PM

AFTER SPEAKING TO A POTENTIAL SHORT SALE SELLER . . . I usually follow up with a letter that I found helps reiterate our conversation to make sure that we are all on the same page and have the same goal in mind. Also, to make sure in writing I state that … (21 comments)

Related Links: