Yes, STILL trying to wake up from this nightmare!
Vey long story short, have ANY of you superstars had any luck in resolving the (very) ambiguous issue of challenging what the bank says the credit score is and what the credit agency states? I know t
Read more…There are a number of benefits to buying this type of loans for bad credit. Lenders show that the quick loan approval always has a price, but if the right boxes are checked, then there is little reason not to give the green light. The key issue is th
Read more…Hello!
A seller is wanting a short sale, her lender is Chase. She is a business owner and also has a commercial line of credit with Chase for her business. She is wondering if she does the short sale on her personal residence, will that affect her bu
Read more…I had a nice conversation with a young man who moved from FL to SC, is current on both his first w/ ING Direct and his HELOC w/ Regions Bank. Breaking even/losing a little w/ his tenants. No plans to return to FL. Already purchased a home in SC but o
Read more…
Chances are, you or someone you know in Lawrenceville is facing the possibility of foreclosure. But you need to understand that you are not alone.
Today, 1 out of every 6 homeowners in America is behind on m
I represent the Buyer in a short sale in NJ, which has been going on since Feb '12. My buyer offered the list price, but requested a 6% assist. There have been some ups and downs, but we were finally notified that the bank had accepted the short sa
Read more…Seller received the initial $7500 first time homebuyer tax credit. She is now upside down and unable to find work and needs to relocate. Who knows, or where can I find information about the consequences to her of repayment of the tax credit if she
Read more…First, this may not apply for all, but in Cook County (where Chicago is located), taxes are paid in arrears. For example, the first installment (of two installments) of taxes for 2011 will be sent out in March, 2012. So, homeowners are always paying
Read more…Sellers may wonder whether doing a short sale would affect their credit less than completing a foreclosure, and whether there are other advantages between the two. While in foreclosure, and depending on state laws, a seller could possibly stay in the
Read more…Regardless of whether you are in foreclosure, if selling your home will not net enough to pay off your existing mortgages, you may want to consider selling on a short sale. For many years, there were few reasons to sell on a short sale, apart from ea
Read more…I apologize for the length, but below is our story....any comments suggestions are extremely appreciated! Thanks to all for your valuable information throughout the site!!!
My Fiancé and I currently are currently under contract on a pro
I had a client ask me how his credit report would differ if the bank accepted a short sale as payment in full or if they went after a deficiency judgement. If they go after a deficiency judgement does the balance just show as a outstanding loan? Has
Read more…New Fannie Mae guidelines state a borrower who has done a "Short Sale" must only wait two years to re-establishing credit and be able to get a mortgage again. Deed-in-Lieu of Foreclosure: 4-year time period from completion date (date deed-in-lieu ex
Read more…
**********************************
like buttons
************************