short sales: Are Distressed Homeowners Giving Up on Short Sales?
- 08/19/10 12:34 AM
Are distressed homeowners giving up on short sales? With foreclosure filings on the rise due in large part to continued employment losses and fallout from faulty mortgage loan modifications, it seems fewer and fewer homeowners are considering the possibility of short selling their home. Within my own community, more than 80% of the homes that are currently in the foreclosure process are not listed for sale in the local MLS. What is even more staggering is the fact that over 50% of these same homes in pre-foreclosure have not been listed for sale in the MLS for the past 10 years!! With REO inventories rising … (1 comments)
short sales: FREE Reports on Short Selling Your Home!
- 06/18/10 01:21 PM
Go to www.ShortSellYourHome.net/FreeReports for your free, no obligation reports on the benefits of short selling your home! … (0 comments)
Port Charlotte, FL - Mike Sikorski, a local real estate broker specializing in the marketing of homes by short sale, has developed a marketing strategy and website that is focused on assisting distressed homeowners find information and investigate options to avoid the foreclosure process. As an expert in short sales, a real estate transaction option that banks will consider instead of foreclosure with specific guidelines, Mike Sikorski is determined to provide essential knowledge to homeowners in Port Charlotte facing this … (0 comments)
short sales: Certain Loan Modifications Are ‘Designed” To Fail
- 01/03/09 05:59 AM
“Unqualified” homeowners are being offered mortgage loan modifications by their bank or mortgage lender that are ultimately designed to fail, in a slight of hand effort to offer token assistance to consumers who should never have received mortgage loans in the first place. Although many ‘qualified’ consumers are receiving favorably modified mortgage loan terms due in large part to sufficient monthly income and low debt to income ratios, many homeowners who have lost significant household income since first receiving their mortgage loan are being locked out of the loan modification process. Even the government sponsored mortgage loan bailout programs are … (0 comments)
Are distressed homeowners giving up on short sales?
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