short sale foreclosure en espanol in spanish: Stopping Foreclosure - Option #2 - 12/19/08 06:08 PM
Stopping foreclosure isn't very difficult if you have the right professional, that understands the entire process, on your side. Something related to modifying the loan is called a Forbearance Agreement and it is an option the banks are willing to offer to help with stopping foreclosure. This is when you in fact negotiate an "arrangement" with the bank.
You can request from your lender if they will "tack" on the amount owed in arrears to the back of the loan. You could also ask if your lender if they would be agreeable to receive a smaller segment upfront and insert the … (0 comments)

short sale foreclosure en espanol in spanish: Vincent, Why Would A Lender Agree To A Short Sale? - 12/14/08 10:32 AM
A short sale more often than not executed to put a stop to a home foreclosure. Time and again a bank will elect to consent to a short sale if they estimate that it will result in a lesser financial loss than foreclosing. For the home owner, the advantages involve avoidance of having a foreclosure on their credit record and the limited control of the monetary shortage. Furthermore, a short sale is on average faster and less costly than a foreclosure.
In a nutshell, a short sale is nothing more than settling with lien holders a payoff for a smaller amount … (0 comments)

short sale foreclosure en espanol in spanish: Foreclosure Help for Brooklyn NY - 10/18/08 11:45 AM
It's a simple truth that today's real estate marketplace is nothing like any we have seen in the past. It is at this point more vital than ever to work with experienced professionals that understand how to navigate today's dangerous waters. The intention of this post is to inform you about the options you have as you are already in pre-foreclosure or may be heading towards a notice of default.
Prudential Real Estate is a full service real estate company specializing in every aspect of Real Estate and Short Sale Negotiations. We work directly with homeowners, mortgage lenders, the top real … (0 comments)

short sale foreclosure en espanol in spanish: Vincent, What's a Shortsale? - 09/28/08 07:31 AM
This is probably one of the most common questions these days so I'm going to take this opportunity to give you a brief overview of what the term shortsale means.
Short Sale (Short Sell, Short Pay, Pre Foreclosure Sale,).Explanation: Short Sale is a Real Estate Sales Transaction where the proceeds of the sale fall short of the property owner's unresolved real estate money owing obligations (mortgage loans, real estate dues, commissions, etc.).
A lender may be in agreement to modify the amount to be paid on the mortgage and accept less than a full payment, by selling the property to a third party, and pardon … (0 comments)

short sale foreclosure en espanol in spanish: Happy Father's Day!! - 06/15/08 03:24 PM
Happy Father's Day!!! 
Any man can be a Father, but it takes a special person to be called Dad.
 
 
What Makes A Dad
God took the strength of a mountain,The majesty of a tree,The warmth of a summer sun,The calm of a quiet sea,The generous soul of nature,The comforting arm of night,The wisdom of the ages,The power of the eagle's flight,The joy of a morning in spring,The faith of a mustard seed,The patience of eternity,The depth of a family need,Then God combined these qualities,When there was nothing more to add,He knew His masterpiece was complete,And so, He called it ... … (2 comments)

short sale foreclosure en espanol in spanish: Vincent, What is Deed-in-lieu of Foreclosure? - 06/14/08 07:40 PM
It's yet another alternative to foreclosure. One that I don't really recommend... instead I would recommend a shortsale. Click here to learn about shortsales and how you can benefit from them if you're considering the Deed-in-lieu of foreclosure.
Vincent, What is Deed-in-Lieu of Foreclosure?
You may be able to deed the property to your lender/servicer and avoid a lengthy foreclosure. This would help to keep away from a long-lasting foreclosure. For information on how this will disturb your credit rating, consult an independent tax advisor. This alternative sends to the credit bureau that the economic condition was mitigated. If accepted, the … (0 comments)

short sale foreclosure en espanol in spanish: Vincent, What is the shortsale process? - 06/08/08 12:34 AM
Vincent, What is the shortslae process?
The process is rather simple... You may be able to sell your home at fair market value even if the sale's proceeds are less than what you owe on your mortgage(s). This alternative gives you an opportunity to sell your home quickly, while attempting to save your credit rating. At the close of escrow, if the short sale is approved, the proceeds are wired to your bank and your obligations tho them are fulfilled.
The documents required:
Updated financial information for all parties on the loan (Contact me for more information Click here) Completed short … (2 comments)

short sale foreclosure en espanol in spanish: Vincent, How do I avoid foreclosure? - 05/29/08 12:38 PM
Determing what stage in the process you are in is the key!
Here are your TOP 5 options:
Forbearance- Your mortgage company may be able to arrange a repayment plan, to repay your debt over an extended amount of time, based on your financial situation. (I'll help to see if you qualify). Loan Modification- You may be able to modify the terms of your mortgage loan by lowering the rate, extending the term, or capitalizing the interest. This may help you catch up, and sometimes reduce your monthly payments to a more affordable level. (I'll help to see if you qualify). … (4 comments)

short sale foreclosure en espanol in spanish: Short Sale Video - En Espanol - 04/14/08 05:55 PM
Hablando de Casas Explica "Short Sales" y "Foreclosure"
Foreclosure:
Un foreclosure le destruye el credito y se queda en el reporte hasta 20 años! Usted es reposable por la deuda en la diferencia del lo que se vende.Un deficiency judgement en su credito. El sheriff los vota de la casa. Court settlement. Pagos grandes de abogados No puede comprar denuevo por 10 años. Usted paga la diferencia en la mesa de cierre (la differencia de lo que se debe)Short Sale:
Un  short sale se puede quitar de su reporte despues de solo 6 meses!! Un  shortsale enseña PAGADO en su reporte de credito!!! Su … (9 comments)

 
Vicente A. Martinez, Realtor, Brooklyn - Long Island - Queens  Homes (Prudential Douglas Elliman Licensed Real Estate Salesperson)

Vicente A. Martinez

Realtor, Brooklyn - Long Island - Queens Homes

Woodhaven, NY

More about me…

Prudential Douglas Elliman Licensed Real Estate Salesperson

Address: 209-18 Northern Blvd., Bayside, NY, 11361

Office: (718) 670-0927

Mobile: (646) 294-2561

Market Trends, Recent Changes in the Real Estate Market, and Community Info.


Links

Archives

RSS 2.0 Feed for this blog