by Kris Kim | Jan 23, 2009 | Advice on Selling with No Equity in Southern California, American Home Mortgage, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Loan Modifications, Short Sales Stop Foreclosure
Loan modification companies are sprouting up everywhere. We were working on a commercial deal the other day and noticed that a “Loan Modification” business had just leased out 3500 square feet of space in a prime area of town. I want to be clear to all who... by Kris Kim | Jan 23, 2009 | Advice on Selling with No Equity in Southern California, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Short Sales Stop Foreclosure
If you find yourself in a situation of negative equity in your home or investment property…and you have an increasing monthly mortgage payment, you need to Short Sell the property. This is easy for me to say, however, it’s about quality of life. You and... by Kris Kim | Jan 22, 2009 | Advice on Selling with No Equity in Southern California, American Home Mortgage, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Short Sales Stop Foreclosure
“Ok…I want to short sale my home, but who pays your commission?” This is the #1 question I receive from our short sale clients. As a Short Sale Specialist, we negotiate our compensation with the bank. Simply put, we are told by the bank what they... by Kris Kim | Jan 22, 2009 | Advice on Selling with No Equity in Southern California, Bank Negotiations and Short Sales in Southern California, How to Choose a Real Estate Agent when doing a Short Sale, Short Sales Stop Foreclosure
If you purchased investment properties over the last 4 year’s and you used any of the creative loans being offered at the time, there’s a good chance your in a negative cash flow. If so, cut loose this anchor and “short sell” it…today. We... by Kris Kim | Jan 20, 2009 | Government Bills, Regulations and other news affecting
Barack Obama has been sworn in today as the nation’s 44th president. This President has the eyes of our Nation upon him! With the economy tanking, unemployment rising we need a plan. According to this new administration, they have a good start. It sounds...