There are over 6.9 million homeowners that are 30 days late and 4.4 million homeowners that are 60 days late on their mortgage payments. Only 1 in 4 loan modifications even make it to the trial stage-less than 10% succeed. Should you short sell your home? Call or email us and we will help you discuss your options. Here are some questions and answers. Short Sale questions & Answers Posted Under: General Area in San Pedro, Home Selling in San Pedro, Foreclosure in San Pedro | April 26, 2011 9:42 PM | 3 views | No comments What is a short sale?In the … (0 comments)
short sale help: Foreclosure & Short Sale Questions & Answers!
- 04/26/11 06:01 PM
There are over 6.9 million homeowners that are 30 days late and 4.4 million homeowners that are 60 days late on their mortgage payments. Only 1 in 4 loan modifications even make it to the trial stage-less than 10% succeed. Should you short sell your home? Call or email us and we will help you discuss your options. Here are some questions and answers. Short Sale questions & Answers Posted Under: General Area in San Pedro, Home Selling in San Pedro, Foreclosure in San Pedro | April 26, 2011 9:42 PM | 3 views | No comments What is a short sale?In the world … (3 comments)
With the escalating number of foreclosure happening all around the nation, homeowners from around the United States are looking for effective ways to avoid this whole fixating situation. Moreover, it is not just the homeowners who are affected by this trying situation of foreclosure, but also the lender organization has to bear a lot of trouble due to these unfortunate, yet in most cases inevitable, situation. Although the consciousness is still not so overtly acclaimed as yet, there are ways to combat situations like these, an assured one of which is short sale of the property under question.
Question: What is a short sale? Answer: A short sale is used to describe the process of selling a home for less than the outstanding mortgage. For example, if a borrower still owes $75,000 on their mortgage, the lender may be willing to sell the home for $65,000 or less. A short sale is your best option after a denial or failed loan modification.
… (1 comments)
Related Links:
Chris & Amy Andries
Certified Distressed Property Expert! - The Andries...
;)
;)
