by Kris Kim | Nov 19, 2008 | Frequently Asked Q&A about Short Sales, Loan Modifications
Not everything we write is about real estate. Today it was announced that consumer prices have dropped a record 1%, the largest decline since 1947. Why? Simply put, there is increased competition by retailers to get our dollar. We, as consumers are spending less as... by Kris Kim | Nov 14, 2008 | American Home Mortgage, Bank Negotiations and Short Sales in Southern California, Bank of America, Short Sales Stop Foreclosure, Uncategorized
Tragedy…this home could have been saved only if… This is the final chapter in a painful story of a Short Sale gone bad. The “Bankruptcy Negotiator II”, Ryan Bickerton with American Home Mortgage Servicing Inc(AHMSI), refused to accept a short sale purchase agreement... by Kris Kim | Nov 14, 2008 | Advice on Selling with No Equity in Southern California, American Home Mortgage, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, How to Choose a Real Estate Agent when doing a Short Sale, Loan Modifications, Short Sales Stop Foreclosure
With all of the hype of “loan modifications” and “government bailouts” you can’t help but feel that there is a solution somewhere that will save you from loosing your home. I’ve been watching the news, reading everything that comes... by Kris Kim | Nov 14, 2008 | Advice on Selling with No Equity in Southern California, American Home Mortgage, Bank of America, Countrywide, Government Bills, Regulations and other news affecting, Loan Modifications, Short Sales Stop Foreclosure
Note that this does not include principal reduction as a solution. This new plan is limited to: “extending the term, reducing the interest rate, and forbearing interest” This is intended to help “thousands” (a drop in the bucket unless it is several hundred thousand),... by Kris Kim | Nov 13, 2008 | 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
Sadly…. I am going to tell you about a family that was recently lied to and taken for a lot of money in hopes of keeping the home they were living in by doing a loan modification. The ending on this true story left the family loosing the home to foreclosure,...
