ARCHIVED BLOG POSTS
2011
Antioch CA - It always amazes me when I hear the stories of agents who talk about horrible short sales are. "Don't waste your time on a short sale", they tell homeowners. "They are a waste of time. The lenders won't approve them and the process is horrible. The last short sale I worked on took 9...
02/27/2011
Antioch CA - According to the Philadelphia Inquirer [1], Patrick Rodgers of West Philadelphia was able to "file a foreclosure action against Wells Fargo. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. I bet there are a lot of homeowners facing fore...
02/24/2011
Antioch CA - According to the Wall Street Journal [1], the average homeowner with a home in foreclosure hasn't made a payment in 492 days. What's even crazier is that those homes are still in the foreclosure process. That means that a homeowner can live rent free for even longer than 492 days. H...
02/23/2011
Antioch Short Sales: If You Bought At The Market's Peak, Does It Make Sense To Short Sale Your Home?
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Antioch CA - Many homeowners bought their home at the peak of the market. In the hardest hit areas, they paid $500,000 for homes that are not selling for $250,000 (or even less.) Their home is costing them $4,000 a month. (That is the total after paying property taxes and insurance.) Renters hav...
02/22/2011
Antioch CA - If you are a homeowner, then the housing crisis has decimated the equity in your home. Many families have watched years of hard work spent building their equity go down the drain. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. But, the...
02/21/2011
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Antioch CA - If you have been reading about short sales, then you have probably heard the term "BPO" and wondered what it meant. BPO stands for Broker's Price Opinion. A Broker's Price Opinion is when a licensed real estate agent gives their opinion of the value of a property. That value is what...
02/18/2011
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Antioch CA - You might have heard of Dave Ramsey. He has a popular radio program where he talks explains the benefits of getting out of debt. Dave is a zealot for the debt free life. "You don't need to see the inside of a restaurant unless you are working there", he will tell people in financial...
02/17/2011
Antioch CA - The biggest reason people short sale their house is to avoid foreclosure. They cannot afford the house anymore and the bank has said they will foreclose soon. If the short sale is not successful, then their lender will foreclose on the house. We at the Stop Foreclosure Institute hav...
02/16/2011
Antioch CA - Have you ever attempted to get a loan modification? If you have, then you probably get bugged when you hear banks talk about how they suposedly care about their customers. Somehow these banks think we will believe it. They must think that, or they wouldn't be running ads that say: "C...
02/15/2011
Antioch CA - The Stop Foreclosure Institute recently received a question from Paul. Here is Paul's Question. "I am thinking about a short sale, but I am behind on my property taxes. Will I still have to pay them if I short sale my home? Paul." Discover how other sellers successfully did a short ...
02/10/2011
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Shonn Thompson
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