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We Buy House Fast – Comparing Your Options

July 23rd, 2010 · No Comments · Of Short Sale Interest

We Buy House Fast – Comparing Your Options
If you are looking for details about short sales, this is the place to compare the option to foreclosing on your home and filing for bankruptcy.  When you decide to opt for a short sale, you will sell your property for less than what you still owe on [...]

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Short Sales – Becoming a Real Estate Investor

July 16th, 2010 · No Comments · Of Short Sale Interest

Short Sales – Becoming a Real Estate Investor
 
Are you tempted to move into estate investing?  If so, there are many things about short sales that you may not be aware of.  If you have conducted any research on the topic, you have undoubtedly heard of the concept of profit margin that exists in this business.  [...]

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Stop Foreclosure – Methods to Look Into

May 9th, 2010 · No Comments · Of Short Sale Interest

Stop Foreclosure

– Methods to Look Into
Tough financial times today make it difficult for a growing number of Americans to hold onto their homes.  This is a devastating fact for anyone facing the possibility of foreclosure.  If you are distressed about your inability to pay the monthly mortgage, you must act immediately to reverse your [...]

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Your Mortgage: When To Walk Away

April 3rd, 2010 · No Comments · Of Short Sale Interest

Your Mortgage: When It’s Time to Walk Away
The San Francisco Chronicle recently posted a story that is a true sign of the times, “Your Mortgage: When To Walk Away“. Walking away and stating new is not so bad as many large corporations are doing so as the math is simple. Why should individuals be any [...]

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Loan Modification Not Working?

March 26th, 2010 · No Comments · Of Short Sale Interest

Loan Modification Not Working?
No one wants to lose their home, period. After all this is our dream home, we raise family here, we invite extended family and friends over for the holidays and on Sundays to watch football. But are we living in a house of cards? Is the writing on the wall but we [...]

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California expands $10K buyer tax credit

March 26th, 2010 · No Comments · Of Short Sale Interest

The state of California has re-established and extended a $10,000 homebuyer tax credit.
The new law, AB 183, signed today by Gov. Arnold Schwarzenegger, allocates $200 million to the credit for homes purchased between May 1 and Dec. 31, and between Dec. 31 and August 1, 2011. That’s twice the amount allocated to a similar credit [...]

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Obama Fails American Homeowners

March 25th, 2010 · No Comments · Of Short Sale Interest

Obama Fails American Homeowners
Today the Washington Post announced that the Obama administration has essentially failed in helping out American Homeowners with the highly touted Making Homes Affordable program. The Treasury Department initially said the program would reach as many as 4 million struggling borrowers. But a report issued on Tuesday claims the Treasury Department is [...]

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Short Sale Sooner Better Then later?

March 12th, 2010 · 1 Comment · Of Short Sale Interest

Short Sale Sooner Better Then later?
If you are reading this post than you are in one of a few buckets.
1. You are either curious about Short Sales
2. You either know someone, maybe yourself that owns a property that is over encumbered with debt.
3. You simply stumbled onto my blog
It is now Spring of [...]

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30 Year Mortgage Rates Hit Another Record Low

April 4th, 2009 · 1 Comment · In The News

30 Year Mortgage Rates Hit Another Record Low
Rates of 30 Year Mortgages fell to the lowest level on record for the second consecutive week, Freddie Mac reported on its noationwide survey, which dates to 1971.
Average rates on 30 year fixed rate mortgages dropped to 4.78 percent this week from 4.85 percent last week. For 15 [...]

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30 Year Fixed rate Mortgage Fall to 38yr Low

April 1st, 2009 · 2 Comments · In The News

30 Year Fixed rate Mortgage Fall to 38yr Low
Wow, rates on 30 year fixed rate mortgages dropped to 4.98percent last week. It was the lowest in the history of Freddie Mac’s survey, which dates back to 1971 and was down a full percentage point from a year ago.
In Freddie Mac’s survey, the rate on a [...]

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