James Lockard - Bergen County Real Estate Blog
Happenings and news and events about Allendale real estate and Bergen County Homes in general. Find interesting facts and items about Allendale as well as Allendale Real Estate Market Conditions.
ARCHIVED BLOG POSTS
2012
Bergen County NJ – Homeowners who would prefer to get out from underwater may prefer to do a short sale compared to a loan modification. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. A short sale means the bank will accept a reduced payoff and re...
01/27/2012
Bergen County NJ – You should put every little thing you have to show that your situation is real and that you cannot afford to make your mortgage payment. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Use numbers and percentages to explain the l...
01/26/2012
Bergen County NJ – It is not a lot of fun to write a hardship letter. In fact, it can be depressing. Many people may not know how bad their lives have become until they reach a point of writing a hardship letter. Click here to discover how other sellers successfully did a short sale and avoided ...
01/25/2012
Bergen County NJ – Many people think a hardship is mainly based on financial matters and that is not necessarily the case. Anything that makes it difficult for you to keep on making a mortgage payment might qualify to be a hardship. Click here to discover how other sellers successfully did a sh...
01/23/2012
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Bergen County NJ – The type of hardship that your lender will consider legitimate depends on the mortgage company considering the Short Sale request. In general, so long as the hardship is real & acceptable and the mortgage company believes the loan is likely to become delinquent as a result, th...
01/18/2012
James Lockard | RE/MAX Properties | (201) 825-6600 9 Stone Ridge Ln, Ho Ho Kus, NJ Bi-Level Beauty! 4BR/3BA Single Family House $3,400/month Bedrooms 4 Bathrooms 3 full, 0 partial Sq Footage Unspecified Parking 3+ dedicated Pet Policy No pets Deposit $5,100 DESCRIPTION Act quickly! This Bi-Level...
01/17/2012
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Bergen County NJ – Unfortunately, lenders do not always agree to loan modifications. That’s why when you decide to explore this option you need to get all the information you can on the subject. Lenders call the loan modification process “Loss Mitigation.” Loss mitigation is the act of lessening...
01/16/2012
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Bergen County NJ – A short sale is often viewed as the only alternative to foreclosure because it mitigates additional fees and costs to both the creditor and borrower. By doing a short sale, you will retain some dignity in knowing that you sold your home and you will have no mortgage payments t...
01/11/2012
Bergen County NJ – A successful short sale helps the seller to avoid any credit damage that could be brought about by a foreclosure. Such damage is not something to admire as it may take a minimum of seven years for someone before it goes off your credit report. That is why is it best to do all y...
01/10/2012
Bergen County NJ – While doing a real estate transaction, not all parties with a financial interest can be winners. However, a successful short sale is one of those rare cases where everyone leaves a winner. Click here to discover how other sellers successfully did a short sale and avoided forec...
01/09/2012
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James Lockard
Realtor, Allendale, NJ