ARCHIVED BLOG POSTS
Question: Do I qualify for the HAFA Short Sale Program? Answer: Call me and I can let you know! Hah! In all seriousness, this is a bit of a loaded question because a borrower has to meet several criteria in order to qualify for the program. MOST of the top lenders and mortgage holders do part...
My Take: The government continues to push banks to explore foreclosure alternatives. Their motives are generally selfish in nature (popularity with the people), but the result is a positive one for the distressed homeowner. This article discusses loan modifications, but it also applies to short...
We've been posting common questions we get from prospective and current clients about short sales on our Facebook Page (Knoxville Short Sales) and website blog (www.knoxvilleforeclosurehelp.com) for quite some time. Now that we are on ActiveRain, we will start posting them here as well. Recent Q...
My Take: The bottom line is that mortgage servicers and investors don't have much incentive to do loan modifications. I always tell clients that the irony of loan modifications is that the people who can actually qualify for a loan modification, don't actually need one. The reality is that shor...