Paul Nelson's (paulenelson) Blog

Bellevue WA – The Stop Foreclosure Institute recently received a question from Richard. “I accepted a job transfer and had to move. Unfortunately we were upside down on the house. I decided to rent it out rather than short sale it. The renters just moved out. I just checked the house. They trashe...

Bellevue WA – The Stop Foreclosure Institute recently received a question from Jennifer. She is having a hard time selling her home. “I have had my house for sale for a little while, but it hasn’t sold. No buyers have come to look at it. At first I thought the price was fair. But, now that no one...

Bellevue WA – We receive this question a lot. “I am upside down and need to move. I would like to buy another home. Can I do that?” they ask us. Today they can. FHA (the Federal Housing Administration) has a new program that enables you to short sale your existing home and buy a new home right af...

Bellevue WA – Maybe this is a pet peeve of mine. Or maybe it just seems ridiculous that someone would call a debtor over and over again asking to be paid, when they have already been told the debtor doesn't have the money to pay them. Or maybe it is the fact that I see countless examples of debt ...

Bellevue WA – The Stop Foreclosure Institute recently received a question from Katie. “My spouse and I are getting a divorce. Unfortunately neither of us can afford the house on our own. So, we have to get rid of it one way or another. The big problem is that the house has dropped in value since ...