Tag Archive
Dual-track Foreclosures Now Forbidden
Dual-track Foreclosures (working with the homeowner on modification of the loan while simultaneously pursuing foreclosure) is now forbidden. Also forbidden, as if lenders didn’t already know, are robo-signing practices to process foreclosures. Robo signings were uncovered in 2010, when lenders hired people off the street to sign default documents in order to expedite foreclosures. Robo [...]
Bewildered Borrowers Share Distress of Short Sales
Bewildered Borrowers Share Distress of Short Sales
Helping Borrowers in Distress at http://www.A1AFinancialRecovery.com — Borrowers requested to remain anonymous, they are in the midst of a short sale and have suffered with distress of the short sa…
Bewildered Borrowers Talk About Short Sales
Bewildered Borrowers Talk About Short Sales
Borrowers requested to remain anonymous, they are in the midst of a short sale and have suffered with distress of the short sales process. Lender has questioned borrowers ability to keep their property bec…
How to Check Government Loans for HARP
With the new HARP 2.0 many borrowers are uncertain about government loans and how to determine if they have a government backed loan which are Fannie Mae or Freddie Mac. If your mortgage is owned by Fannie Mae or Freddie Mac, you may be eligible for a Home Affordable Refinance to take advantage of lower interest rates. Your [...]
Does Short Sale Cause Confusion?
by Agi Anderson Many borrowers have a misconceptions about a short sale. A short sale, defined by the Certified Distressed Property Expert’s (CDPE) site explains, How a short sale works A short sale can be an excellent solution for homeowners and investors who need to sell, but owe more on their property than what it’s worth. [...]
$20,000 Short Sale Incentive Extended in FL
by Agi Anderson, FL RE Broker, Certified Distressed Property Expert It was the Palm Beach Post, where I saw Bank of America extended the Florida-only incentive program that offers property owners “up to” $20,000 for a short sale, rather than going through a lengthy foreclosure. These short sale cash incentive programs include investors as well as [...]
Closet Foreclosures Hiding ~ List & Sell Now!
Closet Foreclosures Hiding ~ List & Sell Now!
Homeowner and investors, learn more about how to short sale without a deficiency. Many of the homes for sale in Melbourne FL are Bank short sales. Many borrowers opt not to do loan modifications beca…
Agi Anderson, CDPE, compiled changes made to Make Affordable HARP refinancing program, October 2011 ~ to see if you qualify, just enter your name and email to request HARP guidelines. (make sure to check spam for email confirmation)
