Wendy Smith's Blog

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Real Estate Broker/Owner - Wendy Smith Real Estate
Welcome to my Blog. Since 2003 the focus of our business has been helping homeowners avoid foreclosure. In our current economy, the best solution is often a short sale. Many lenders offer incentives, modifications include principal reductions - helping homeowners create strategies to overcome financial difficulties are our specialty. We are happy to help. If you have any questions about foreclosures, short sales, selling or buying a home - Just Call Wendy!



Step 1.  Don't communicate with your lender.  As you miss making the monthly mortgage payments, the collections department will commence their calling campaign in an attempt to collect the payments.  Their calls are typically quite aggressive, the calls are frequent and sometimes the caller is de...
There's a couple of great ideas floating around:  (1) allow homeowners to remain in & lease their home after foreclosure, and (2) offer a buy back in which the homeowner could purchase the home after a specific term (3 years? 5 years?) Buy backs are not a new idea, buy backs have been around for ...
Why not? Think about it.  How long should a short sale actually take?  Let's suppose an offer comes in on a house.  A professional short-sale listing agent has already worked with the seller gathering the paperwork that will be required fr the lender.  Sme lenders actually will image the document...

Wendy Smith

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