behind on mortgage: Does your mortgage co want to help you short sale your home?
- 07/11/13 09:57 PM
In the current market we are finding more and more lenders that are encouraging homeowners to short sale their homes. Why? If you cannot bring your mortgage current, then the only other alternative for the lender is to accept a deed in lieu or foreclose. Most lenders will not approve a deed in lieu unless the homeowner has first attempted a short sale. If you have equity, then that would be attempted to sell through the MLS (multiple listing service). Foreclosure is very expensive and time consuming. Once a home has been vacated, the lender then must hire a Realtor, the … (0 comments)
behind on mortgage: Avoid Foreclosure, Save your Home or Short Sale your Home???
- 01/08/12 06:57 AM
What should you do if you are behind, upside down or at risk of falling behind on your mortgage payments? Our market is still very tricky, and daily I speak with homeowners who don't know that they have options when dealing with a difficult situation when it comes to their homes. Most of you don't know that you may be able to save your home, sell your home without the stress and embarrassment of a foreclosure and some of you are right at the end of the process and cannot change the tide of things to come. No matter what your … (0 comments)
behind on mortgage: Avoid Foreclosure in Red Oak Texas
- 11/11/10 12:25 AM
Real estate is on everyones mind. Sellers that are current on their mortgage are having to compete with foreclosures and sellers that are behind on their mortgage don't know what to do. It's all very frustrating and can lead to indecision for home owners. If you are in danger of losing your home through foreclosure, you are not alone. Many homeowners are behind and have big decisions to make. Arm yourself with information before moving forward. I am a CDPE® and Realtor® armed with the information that you need to educate yourself before you do anything. I am here to help … (2 comments)
behind on mortgage: Foreclosure vs. Short Sale
- 11/09/10 07:24 AM
If you are confused in this turmoil homeowners are going through, you need to know you are not alone. Many families are struggling with solving a problem with a mortgage that is behind and the real possibility of foreclosure. Before you make any decisions, please call to get current accurate information. Foreclosure hurts everyone. It hurts you the homeowner financially, most severly damages your credit and in some cases can cause problems with your employment. It hurts values in the community and costs the banks the most money. Everyone looses when a home is foreclosed. This is a very scary and … (1 comments)
In the current market we are finding more and more lenders that are encouraging homeowners to short sale their homes.
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