fha short sale: Ocwen Short Sale Closed in Cedar Grove NJ
- 05/21/14 12:50 AM
Ocwen Short Sale Closed in Cedar Grove We're pleased to announce another successful Ocwen Short Sale has closed, this one located in Cedar Grove, NJ. This four bedroom Cape Cod was in fair condition. Featuring central air, a new furnace and hotwater tank, a newer roof and a modern eat-in-kitchen, this Ocwen Short Sale home was tremendous bargain at $306,000. As this was an Ocwen FHA Short Sale, we first worked to get our short sale seller clients approved for a HUD Pre-foreclosure (PFS) Sale, which is how FHA Short Sales are processed. Once our clients received an Approval to Participate (ATP) in the HUD PFS … (0 comments)
fha short sale: FHA Reduces Waiting Time to Buy Home After Foreclosure or Short Sale
- 12/21/13 10:48 PM
As a New Jersey Short Sale specialist, one of the questions I am often asked by my clients is, "How long do I have to wait after a Short Sale before I can buy another home?" One of the benefits of chosing to Short Sale your NJ home is that the time to purchase again is less than it would be if your were foreclosed or filed bankruptcy. But that waiting time to buy a home after a Short Sale just got shorter.
The FHA Back to Work - Extenuating Circumstances Program offers consumers the opportunity to significantly reduce the waiting … (0 comments)
fha short sale: Wells Fargo FHA Short Sale Closed in Woodbridge NJ
- 12/21/13 02:08 AM
Wells Fargo FHA Short Sale Closed in Woodbridge NJ We're pleased to announce another successful Wells Fargo FHA Short Sale has closed, this one located in the Avenel section of Woodbrige, NJ.
This bi-level was located on a quiet street and was a good value. This Wells Fargo Short Sale home was in good condition offering 4 bedrooms, 1.5 bathrooms, built in garage, hardwood floors, central air/heat.
As this was a Wells Fargo FHA Short Sale, our team knew exactly how to proceed. FHA Short Sales follow the HUD Pre-Foreclosure Sale (PFS) Program guidelines. First, we completed the HUD PFS welcome package with … (0 comments)
fha short sale: NAR Stands Up to HUD; Dual Agency Ban Dropped on FHA Short Sales
- 09/26/13 09:31 PM
NAR Stands Up to HUD; Dual Agency Ban Dropped on FHA Short Sales If you are a Short Sale Agent, you've probably read alot about HUD's proclamation that Dual Agency on FHA Short Sales would be banned effective October 1, 2013. As I wrote in my Blog yesterday, this kind of Government Think hurts not only Realtors, but consumers as well. Perhaps most disturbing about this ban was that HUD did not describe the type of alleged fraud it was seeking to stop with its proposed dual agency ban on FHA Short Sales. Nor did HUD provide any statistical evidence to … (9 comments)
fha short sale: Bank of America FHA Short Sale Closed in Hampton NJ
- 06/03/13 12:21 AM
Bank of America FHA Short Sale Closed in Hampton NJ We're pleased to announce another successful Bank of America FHA Short Sale has closed, this one located in Hampton, NJ. This ranch-style home was a nature-lover's dream. Situated on an acre and a half of lushly wooded property, this home offered year-round views of Paulins Kill Lake. With access to hiking, bike trails, swimming and boating, this was the perfect home for outdoorsmen. As this was a Bank of America FHA Short Sale, the homeowners first needed to be evaluated for a loan modification before a short sale could be considered. FHA Short Sales follow HUD … (0 comments)
fha short sale: Bank of America FHA Short Sale Closed in Newark NJ
- 02/13/13 10:21 AM
Bank of America FHA Short Sale Closed in Newark NJ We're pleased to announce another successful Bank of America FHA Short Sale has closed, this one located in Newark, NJ. This five-year young, 3-family home was in pristine condition and showed complete pride of ownership. A corner property, totalling over 4,000 total square feet, this magnificent home offered gorgeous oak hardwood floors with walnut borders and decorative in-lays, tasteful ceramic tiled kitchens and bathrooms, spacious bedrooms, separate utilities and a 2-car built in garage. As this was a Bank of America FHA Short Sale, the homeowners first needed to be evaluated … (2 comments)
fha short sale: Bank of America FHA Short Sale Closed in North Newark NJ 07104
- 10/19/12 01:11 AM
Short Sales can be challenging, and FHA Short Sales seem to have a lot more challenges than HAFA or Traditional Short Sales do. That’s partly why we’re pleased to announce this Bank of America FHA Short Sale was just closed in North Newark, NJ 07104. The subject property was a beautiful 2-Family Home, just 6 years young with 13 total rooms, 6 total bedrooms and 4 ½ bathrooms, and offered hardwood floors, a finished ground level recreation room and central air/heat. Located in North Newark with close proximity to shopping, major transportation, Branch Brook Park and other public facilities, this home was a steal at just $250,000.
HUD Pre-foreclosure Sale (PFS) guidelines … (7 comments)
fha short sale: FHA Short Sales in New Jersey: A Primer
- 07/28/12 07:59 AM
Distressed New Jersey Homeowners with FHA Loans should know that there are alternatives to foreclosure. Here are some key steps if you have an FHA Loan and want to Short Sale your New Jersey home. FHA Short Sales in NJ NJ FHA Short Sales FHA borrowers wishing to avoid foreclosure fall into the HUD Pre-Foreclosure Sale (PFS) Program. No matter whom your servicer is – Bank of America, Wells Fargo, Chase, Citi or otherwise – if you have an FHA Loan and want to explore Short Sale possibilities, HUD PFS guidelines are going to be the road map.
FHA NJ Short Sales are not like traditional NJ Short … (0 comments)
News and information on Real Estate in the Essex County & Union County regions of New Jersey. We focus on New Construction, Short Sales and Foreclosures.
Ocwen Short Sale Closed in Cedar Grove
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