short sale broker cdpe: Missing Mortgage Payments? We Help Richmond VA Homeowners!
- 04/03/16 04:31 PM
Missing Mortgage Payments? Missing Mortgage Payments? It’s Not Too Late Wondering what a homeowner should expect when payments are missed? The most important thing to know is that no matter what stage of default a homeowner is in, there is almost always a way to avoid foreclosure. That being said, the quicker a homeowner does something about the situation, the less challenging it will be to resolve. First, here’s what a distressed homeowner should expect to happen when payments are missed: 30 Days Late: The lender will attempt phone contact or send a notice in the mail. 60 Days Late: The lender will attempt to make contact by phone … (0 comments)
short sale broker cdpe: Unaffordable Mortgage Payment, We Can Help - Richmond VA
- 04/03/16 04:24 PM
Handling the Stress of an Unaffordable Mortgage PaymentWhenever I research the latest foreclosure and distressed property statistics, the sheer number of Americans facing the stress of losing their homes amazes me. It is my goal to help as many homeowners I can either stay in their homes or relieve the burden of their mortgages. Knowing that there are so many that need my help is a driving force for me to continue doing what I do. In fact, I just released another report that I’ve made available on my website today. It explains the CDPE designation and lists 10 options that homeowners … (0 comments)
short sale broker cdpe: 6 Steps to Successfully Buying a Short Sale in Virginia
- 09/27/15 12:45 PM
6 Steps to Successfully Buying a Short Sale in Richmond VA When you see a home listed for less than the neighborhood warrants, it may be a short sale. That is, the lender is agreeing to accept a discounted loan payoff from a seller in default instead of foreclosing. But short sales are never easy, and may take many months to complete. Before you jump in to make an offer, consider the following steps: 1. Do your research. Check the public records to be sure who is on title, whether a foreclosure notice has been filed, and how much is owed to the … (0 comments)
short sale broker cdpe: SHORT SALE CDPE REALTOR - SHOULD YOU SHORT SALE OR FORECLOSE?
- 09/27/15 12:40 PM
SHORT SALE RICHMOND VA - CDPE REALTOR - SHOULD YOU SHORT SALE OR FORECLOSE?Why would a bank or mortgage lender want to do a short sale? A common saying is that banks are in the business of lending money and do not want to own real estate. This is slightly misleading but is essentially true. When a bank takes a property back via foreclosure, it is a long and expensive process and often results in holding the property in their inventory as a non-performing asset. Banks have a limit to the amount of non-performing assets they want to hold. Once this limit … (0 comments)
short sale broker cdpe: Can't make your mortgage payments and need cash to move?
- 11/30/14 12:37 PM
Need cash to move? Need to short sale? Cant make your mortgage payments? We Help Homeowner's Avoid Foreclosure Most Homeowner's are deeply below the surface with their home mortgage. In the Richmond Virginia area, there are over 9,000 currently facing foreclosure, so please believe me when I tell you that - You are not alone! Most people fall behind for some of these major reasons: • Loss of Job • Divorce • Cutbacks in Wages • Death in family • Relocation These are all valid reasons for you to fall behind on your payment. I know that most of you would prefer to stay in your home, but if … (1 comments)
short sale broker cdpe: Top 10 Reasons to Short Sale Your Home in Richmond Virginia
- 11/30/14 10:49 AM
Top 10 Reasons to Short Sale Your Home in Richmond Virginia Top Ten Reasons to Short Sale 1. You pay no out of pocket expenses. All short sales are sold as-is, meaning you won't have to bother spending time and money on tedious home repairs. Your lender also pays for all commissions and services on both sides of the transaction, giving you the least hassle possible in moving on to your next home. 2. Your credit damage is minimized. A short sale will have a recoverable impact of 80-100 points on one's credit, compared to the devastating effect of 250-350 points a foreclosure … (0 comments)
short sale broker cdpe: Understanding the Short Sale Approval Letter - Short Sale Broker CDPE
- 11/24/14 06:31 AM
The Importance of Understanding the Short Sale Approval Letter - Virginia Short Sale Specialist / Realtor - Certified Distrssed Property Expert (CDPE) After all yours and your short sale Realtor's hard work, receiving the short sale approval letter is like being handed the winning ticket to the lottery. well maybe not exactly. Before you breathe a sigh of relief, you still have one important thing to do - read and make sure the approval letter contains the right details. You will be surprised to learn there are plenty of things which could actually go wrong. For one, your name (seller) or … (3 comments)
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Marcus Rice
Richmond, NOVA, Virginia Beach Area Realtor/Broker
Missing Mortgage Payments? Missing Mortgage Payments?
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