behind on payments: Can I Short Sale If I’m Behind On Payments? - 02/18/11 02:41 PM
Can I short sale my house if I am behind on payments in Louisville KY?
Yes! As a matter of fact, banks and lenders have designed the short sale as a method to help borrowers who are behind on payments. The banks almost expect you to be behind on payments in order to qualify for the debt relief of a short sale. You have options, and there is a way out.
What is a short sale?
A short sale occurs when a house sells for an amount short of the full amount amount owed to the lender. Hence the word “short” … (7 comments)

behind on payments: Hidden Costs of Bankruptcy - What To Know If You Are Facing Foreclosure in Louisville - 11/07/10 03:40 PM
If you or someone you know is facing overbearing financial obligations and have considered declaring bankruptcy, the whole world—not just a mortgage—may feel upside-down. But during this stressful time, it is important to understand the processes and consequences of bankruptcy and any feasible alternatives in order to make the most informed decision.
Important disclosure: I am not an attorney, I am a Realtor right here in Louisville, KY. You should consult with an attorney to verify all relevant legal aspects of foreclosure and bankruptcy.
Bankruptcy stays on your credit for many years. The hidden costs of a bankruptcy include:
Inability to … (0 comments)

behind on payments: Short Sale vs. Foreclosure. Behind on Payments in Louisville? You Have Options - 11/07/10 02:19 PM
A short sale is a dignified solution to foreclosure and has many benefits to you, the homeowner.
Foreclosure or Short Sale: Understand the Differences Underwater on your mortgage? Facing foreclosure? Avoiding foreclosure through a short sale can have many benefits for your future financial stability.
A short sale is a dignified solution to foreclosure.
There are many benefits to a short sale vs. a foreclosure, including
Credit issues Deficiency judgment issues Shorter time to qualify for a new home loan And many more... Click here for a free report on the differences between short sales and foreclosure.
If you are … (2 comments)

behind on payments: On the Edge of Losing Your Home To Foreclosure in Louisville KY? - 11/07/10 12:53 PM
On the Edge of Losing Your Home In Louisville KY? There are options available to a homeowner faced with foreclosure. When you or someone you know is pushed to the edge of foreclosure, it is vital to know that you have options. It is vital to seek the advice a Realtor who specializes in helping homeowners avoid foreclosure. Friends, family and bankruptcy attorneys may mean well, but they may not be experts in all the changing pre-foreclosure options and rules. If you're behind on payments and owe too much on your house you may think think there's no way out. We … (0 comments)

behind on payments: Think a Foreclosure Moratorium Will Save Your Home in Louisville? - 11/07/10 12:21 PM
Bank of America, GMAC and Chase have recently announced a freeze on foreclosures. Soon thereafter they announced they lifted the freeze and will continue the foreclosures.
There is much confusion in the market.
One thing is sure, however, if the borrower is behind on payments, the lender eventually has the right to foreclose.
The reality is that a foreclosure freeze is not the answer to your problem. However, there are steps you can take to avoid foreclosure.
Please click here for a free report on the Five Steps to Avoid Foreclosure

behind on payments: Are Short Sales a Legitimate Solution? The Answer is a Resounding Yes! - 10/28/10 03:40 AM
A short sale can enable an “upside down” house to be sold with no cost to the seller. The lender usually forgives all the shortfall.
Sellers sometimes think if it’s too good to be true then it can’t be true. Is it legit? YES!
Why would the bank forgive tens of thousands of dollars?
Many articles have been published illustrating that save 13% to 26% in a short sale compared to a foreclosure. It is very costly and risky for the banks to foreclose on a house. They do not want to own and operate houses, they want to settle and … (0 comments)

Dave Halpern, Louisville Short Sale Expert (Keller Williams Realty Louisville East (502) 664-7827)

Dave Halpern

Louisville Short Sale Expert

Louisville, KY

More about me…

Keller Williams Realty Louisville East (502) 664-7827

Address: 1230 S. Hurstbourne Lane, Louisville, KY, 40222

Office: (502) 664-7827

Mobile: (502) 664-7827

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