John Lawler's (auctions1031) Blog

Often times, people in financial distress make bad decisions because they want to believe the person who claims to be helping them. When choosing a company to help you with a Short Refi, here are two important things to look for:   Better Business Bureau Accredited 1) The BBB...

  Many homeowners are caught in an unexpected situation. Their mortgage payments have increased, their income has been reduced and their homes have lost value. You may be experiencing a similar situation and we are here to help.     Affinity Financial ( www.affinity-financial.com ) specializes in...

HOPE for Homeowners The new HOPE for Homeowners Program, also known as a Short Refinance or short payoff, is a transaction, where the lender agrees to accept less than the full amount owed.   Instead of the property being sold, it is refinanced with a new lender.  The Hope for Homeowners Program ...

HOPE for Homeowners HOPE for Homeowners, the new government, similar to a Short Refinance, and short payoff, is a transaction, where the lender agrees to accept less than the full amount owed.  Instead of the property being sold, it is refinanced with a new lender.  The short refinance allows the...

    Why would a lender accept a Short Refinance? Properties that end up in foreclosure typically have no bidders at the foreclosure sale when the property is upside down in value.  Therefore, the lender ends up owning the property, which is referred to as an REO (Real Estate Owned).  It ends up c...

Who can the HOPE for Homeowner Program help? The HOPE for Homeowners (H4H) Program also known as a Short Refinance helps homeowners that do not have sufficient equity to refinance through normal channels. This type of refinance is most commonly used for borrowers experiencing a financial hardship...

Everyone has their jobs: real estate agents, escrow officers, termite and home inspectors, loan officer, all working together to make the transaction go smoothly. For buyer’s tips and more information on this, visit my website at http://www.johnrlawler.com/Buyer%Tips.html

Buying the house is actually the easiest part.  We write and submit the offer.  Often times, it gets countered back and forth before an agreeable price is met.

Expense: Call the local utility company and get the annual utility cost for the house over the last two years. Phones, Internet and Cable: Personally, I would keep your expenses down to a minimum. If you absolutely need Internet, shop around for the best price.  There are some good deals out ther...

You probably already have some ideas where you would like to live.  Based on your preferences, I will give you some suggestions as to areas and types of homes that will be best suited for this scenario.  Off the top, I recommend houses with at least four bedrooms or three bedrooms and an extra ro...