Lease to Purchase Program
ot to often that we get excited about a new program. If you want to get into a home around the corner from your rental and just can't bear the thought of going through the rigorous lending and mortgage...
Mortgage -vs- Cash: What’s Best For You?
Most buyers are using some form of cash and mortgage to purchase a home.
Don’t wait until you have a Trustee Sale Date…Please call us!
If you see this post and know anyone, really, anyone, a family member, neighbor, co worker, anyone....that is having problems with making house payments have them contact us Now! We just received a call from a homeowner that was so distraught about a sale date set for...
BUY A HOME 1-DAY AFTER SHORT SALE, BANKRUPTCY or FORECLOSURE
Kris & Kim have $250,000,000.00 to buy homes for home buyers that want to buy a new home 1-day after a short sale, bankruptcy, foreclosure or deed-in-lieu. If you want to apply for your share of this money, contact Kris and Kim on their mobile 714.615.7605.
HAFA Horrors! Traditional Short Sales Offer Homeowners "Like" Incentives..No Approvals Necessary!
Not to say HAFA is a complete failure...there are a select group of homeowners that have made it through the "hoops" of the treasury guidelines and have been able to wait out the long approval process to finally be approved. From first hand experience with our own...
Hot Off Press: HAMP Cuts Loan Mod Projections by 1/2…Time For Short Sale?
More news on Failed Loan mods... The 3.3 million borrowers estimated to be eligible for a Home Affordable Modification Program workout in December 2009 was reduced to 1.4 million by the end of 2010, according to the latest Treasury Departmentestimates. And not all...
H.R. 430 Bill to End Failed HAMP Program
Today, Republican Congressman...Representatives Jim Jordan (R-OH), Darrell Issa (R-CA), and Patrick T. McHenry (R-NC), announced the introduction of H.R. 430, a bill to repeal the Home Affordable Modification Program (HAMP). Why? because it's a colossal flop!...
Bankruptcy Judge Upholds Foreclosure Mediation
Well..we're seeing changes happening in the BK courts... Rhode Island BK Judge Arthur N. Votolato, upheld his program that he initiated back in November 2009. This program he labeled the "loss mitigation program" was intended to require lenders to work with homeowners...
It's January 2011…Foreclosure Sales Have Kicked Into High Gear, Time To Think Short Sale?
Bank of America, JP Morgan Chase, Wells Fargo, Citi Bank have moved past the "robo signing" scare and are sending out trustee sale dates at warp speed to their customers. So, those homeowners who have been able to escape payments for months, maybe years...are now...
CNBC Confirms…Another 5 years+ of Short Sales and Foreclosures…
We are always interested when a major media company supports us and what we have been talking about for the last 3 years...Yes...we're in this short sale business for the next 5 years and longer! It’s taken three years to process $1 trillion in foreclosed homes. At...
Wells Fargo Requires Buyers to Increase Down Payment to 30% to Meet "Dodd-Frank" Demands"
If the housing market wasn't already suffering enough...News released today...Wells Fargo is passing the "pain" on to it's new mortgage loan clients making it more difficult to get a home loan...or at least costing the buyer more up front. 2010 saw the new...
VA Demands Mortgage Servicer's Pay Relocation Fees To HAFA Participants
Monday, January 17th, 2011, 3:14 pm The Department of Veterans Affairs directed its mortgage servicers to provide $1,500 in relocation assistance to borrowers leaving their home after a short sale or a deed-in-lieu of foreclosure. The requirement took affect Jan. 6....
California Civil Code Procedure 580; New Law Protects Investors Doing Short Sales
January 1, 2011 rings in a new round of laws that protect the "Investor" seeking to short sale those real properties that are losing you money. To learn more about his law...visit our earlier post at https://shortsalesellit.com/?p=1802
Breaking News…Wells Fargo and Wachovia…POLICY ON THE POSTPONEMENT OF FORECLOSURE SALE DATES
Breaking News from Wells Fargo and Wachovia This information comes to us from a VP at Wells Fargo/Wachovia... Over the last few months, there has been several questions regarding the postponement of Foreclosure Sale Dates with Wells Fargo and Wachovia properties. To...