Do Loan Modifications Really Work Permanently? After the real estate crisis hit America, the majority of homeowners are now facing foreclosures and the possibility of losing their homes. Most homeowners have resorted to either refinancing or applying for a loan modification program. But the more
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11/30/2011
Do Loan Modifications Really Work Permanently? After the real estate crisis hit America, majority of homeowners are now facing foreclosures and the possibility of losing their homes. Most homeowners have resorted to either refinancing or applying for a loan modification program. But the more
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11/29/2011
Will I be forgiven of the deficiency in a short sale? Facing a financial struggle can be a really challenging part in any individual’s life, especially if it was due to any number of hardships beyond the individual’s control such as the loss of employment, death of a family member, divorce, or an
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11/23/2011
How To Do A Short Sale While a short sale holds many benefits for the homeowner when compared to foreclosure, or even loan modification – which is often merely a short term solution – a real estate short sale is significantly more complicated than a standard real estate transaction. Some Realtors
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11/21/2011
When Chase started sending incentive solicitation letters to their borrowers in hardship early this year, many in the real estate industry were excited about the potential positive impact it could have. Sending letters to home owners offering $5,000 to as much as $35,000 BACK as a short sale in
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11/18/2011
Here is an email that I sent out earlier today to our members As a member of The Short Sale Specialist Network, I wanted to personally invite you to the upcoming Short Sale Symposium at Sea Cruise/Conference that is right around the corner. We have gathered together many asset managers and some
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11/17/2011
Benefits of a Short Sale vs. Foreclosure For homeowners trapped in the unfortunate situation of having to choose between a short sale vs. foreclosure, it may feel like being trapped between a rock and a hard place. This is very understandable for the homeowner facing foreclosure; it appears to b
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11/17/2011
Third Quarter 2011 National Mortgage Delinquency Survey The NDS is one of the most recognized sources for residential mortgage delinquency and foreclosure rates. Based on a sample of approximately 44 million mortgage loans serviced by mortgage companies, commercial banks, thrifts, credit unions
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11/17/2011
Bank of America Short Sale Escalation Guidelines Bank of America, N.A., Member FDIC Equal Housing Lender © 2011 Bank of America Corporation. Some products may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to len
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11/11/2011
Senators Urge Government to Create an REO Rental Program Quickly Thirty-three senators submitted a letter Thursday encouraging the Obama administration and the Federal Housing Finance Agency (FHFA) to w... Started by Mike Linkenauger 0 yesterday Did I just blow this short sale? It's with B
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11/03/2011
