foreclosure: Are You Facing Foreclosure? - 04/01/09 06:31 PM
 

Are you facing foreclosure?
You May Have A Better Way Out!
There are countless hardships that can turn home ownership from a joy into a burden.  The loss of a job, medical bills, or an unexpected hike in monthly payments can all make a mortgage unaffordable.  But ignoring the bills will not make them go away, it will only make things worse.
If you need help, there are approaches that can help, but you may not be familiar with them.  One of these is a "short sale."
In an approved short sale, the lender agrees to accept less than … (0 comments)

foreclosure: A Winning Short Sale Packet - 03/29/09 08:51 AM
How many agents have multiple short sale listings?  How many agents have ever tried to do the exact same thing to each and every short sale listing?  How many brokers have agents in their offices that are listing short sales but have never had an "formal" training on the matter?  When our real estate attorney began to ask me these questions, over a year ago, we decided that we would come up with a short sale packet that would forever answer these questions.
No agent in our office could participate in a short sale unless they had been through the training … (4 comments)

foreclosure: Falling Behind? Facing Foreclosure? Ohio Short Sale Solutions can help - 04/17/08 02:36 AM
Trouble making your mortgage payments? 
Mortgage rate adjusting upwards, payment increasing? 
Did you lose your job? 
Has their been an illness or death in the family? 
Are you having trouble catching up with your mortgage? 
Do you simply need help and do not know which way to turn?If you answered yes to ANY of these questions or are simply looking for some good honest advice about what ALL of your options are in this situation, please visit our website, www.OhioShortSaleSolutions.com and see how we can help you.
We have travelled around the country for specialized training on Short Sales and how to negotiate with the mortgage company … (0 comments)

foreclosure: Short Sale Information On Mortgage Debt Forgiveness - 12/19/07 07:19 PM
the H.R 3648 Bill should be introduced to law very soon and will greatly help those consumers that sold short on a mortage in the past year.  Here is what I have found up to date:
Bill Status
This information is being brought to you, courtesy of the following website: 
http://www.govtrack.us/congress/bill.xpd?bill=h110-3648
This is a follow up post to show the progress of this bill as it is passed through to become a law.  This will greatly help many people who are in the middle of doing a short sale or are thinking bout doing a short sale as they will no longer be responsible for … (6 comments)

foreclosure: Facing Foreclosure? We have options for you - 12/05/07 03:16 PM
If you are facing foreclosure, we may be able to help you or at least point you in the right direction of someone who will be able to help you.  Our primary goal is to assist you, the homeowner avoid foreclosure.  This can be a very stressful time and we understand that; we are here to help you.  Below we have listed some options that may be available to you and we are willing to work with you to see if there is anything we can do to help you or at least to put you in touch with the correct people who can help you, whether … (0 comments)

foreclosure: Facing Foreclosure? We have options for you. - 12/05/07 02:47 PM
If you are facing foreclosure, we may be able to help you or at least point you in the right direction of someone who will be able to help you.  Our primary goal is to assist you, the homeowner avoid foreclosure.  This can be a very stressful time and we understand that; we are here to help you.  Below we have listed some options that may be available to you and we are willing to work with you to see if there is anything we can do to help you or at least to put you in touch with the correct people who can help you, whether … (0 comments)

foreclosure: Mortgage Forgiveness Debt Relief Bill passes through Ways and Means Committee - 10/07/07 01:59 PM
On September 26, 2007, The House Committee on Ways and Means unanimously approved H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007.  For more information, please see THIS ARTICLE.  This is good news for the clients of ours that go through a short sale of their home.  Under current law, the homeowner would receive a Form 1099-C in the amount of the forgiven debt, being responsible for income tax on the amount of debt written off.  This is adding insult to injury in many cases, and should be stopped to help our economy get trhough this horrible foreclosure market we … (25 comments)

foreclosure: Finding Short Sale Clients - 10/05/07 04:39 PM
I am wondering how others go about finding homes to short sale in your market.  It is not too tough here, since there are so many foreclosures, but the trick is finding them early on in the process, at least in Ohio, because once they get close to the auction date, the banks just won't touch them or try to stop the sale.
We will gladly share with you how we are doing it too, so let us know!
 Thanks,
John Youker
(13 comments)

foreclosure: Short Sales VS Sheriff's Auctions - 10/03/07 10:52 PM
I am learning more about our wonderful legal and financial system than I think I want to know by working the pre-foreclosure market.  We are looking to help homeowners that may be losing their homes due to circumstances beyond their control, or perhaps the victims of predatory lending, or some other force that has put them in the path of impending foreclosure.
On the other side of this equation is the bank.  Banks are "begging" for homes to be sold prior to the foreclosure auction, sometimes and many times, even sold "short" of what is owed.  Banks are stating that they want … (6 comments)