loan modification: Trying To Short Sale Your San Jose Home, But Worried The Lender Might Foreclose On It First? Try This.
- 09/19/11 05:19 AM
San Jose CA – Short sales can drag out. It takes 1-2 months to sell the house. Then, the short sale negotiations start. They can drag out for 3-6 months. In the meantime, if you aren’t paying on the mortgage, then the lender will be trying to foreclose on the house. Here is a tactic you can use to delay the foreclosure process and even stop a foreclosure sale. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is a story from Alberto where he explains what to do. "Here is what I had … (0 comments)
loan modification: Short Selling Your San Jose House? Why Not Get Out Of Debt At The Same Time?
- 09/18/11 02:17 PM
San Jose CA – A short sale is the best option to erase upside down mortgage debt. A homeowner can often erase hundreds of thousands of dollars in debt. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. I assume that you are looking to short sale for the following reasons. 1. Debt Reduction. You want to short sale and wipe out the upside down debt. You can’t afford or don’t want to repay the upside down debt. 2. You are willing to suffer the resulting credit damage a short sale will bring. Part of your rational is that … (1 comments)
loan modification: San Jose Short Sale Q & A: The Second Mortgage Wants More Than The First Mortgage Will Give Them
- 09/18/11 06:01 AM
San Jose CA – The Stop Foreclosure Institute recently received a question from Aggie. Here was Aggie’s Question. “We received a short sale approval on the 1st. They will only pay the second mortgage $3,000. The problem is that the second mortgage wants $5,500. We are arguing back and forth with the second mortgage. The negotiator there said management decided they won't take less. I told her the final decision should come from the investors not from management. Any help greatly appreciated. Aggie.” Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is the answer to Aggie’s Question. It sounds … (0 comments)
loan modification: Who Benefits From A San Jose Short Sale?
- 09/17/11 01:14 PM
San Jose CA – Even though lenders pretend to hate short sales, they actually benefit from short sales. Let me explain why. A lender gets to sell the house at today's price, versus what it will be worth 6-12 months down the road. We just did a comparison and pulled up sold listings. All of the listings were the same, very comparable, and located in 3 similar, comparable neighborhoods. All were less than 2 miles apart. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. First, we looked up the average selling price per SQFT … (0 comments)
San Jose CA – Short sales can drag out. It takes 1-2 months to sell the house. Then, the short sale negotiations start. They can drag out for 3-6 months. In the meantime, if you aren’t paying on the mortgage, then the lender will be trying to foreclose on the house. Here is a tactic you can use to delay the foreclosure process and even stop a foreclosure sale. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is a story from Alberto where he explains what to do. "Here is what I had … (0 comments)
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