www.loansandre.com
It is understandable to have reservations about letting the world know that you owe more on your home than it is worth. However, according to recent estimates, more than one out of eight homeowners in the U.S. is in the same situation. You are to be congratulated for admitting you need help, taking action, and finding a professional who can work with you toward a solution.
With recent estimates showing 40-60% of U.S. sales will be short sales or foreclosures, you are not alone.
For more information or to list your home before the bank takes it, contact James Willis at 209-529-3960 ext. 217 or visit http://www.modestoshortsale.info
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This is a myth that probably hurts homeowners the most. Many do not realize that foreclosure is a process, and that there is time to make decisions that may result in better outcomes.
The foreclosing partyin most cases a lendercan stall a foreclosure up to the final day of the process. Today, many lenders will stall a foreclosure with as little as a phone call from you explaining that you are trying to sell, and almost all lenders will stall a foreclosure with a legitimate contract. For real estate professionals who understand foreclosures and short sales, there is time available until the foreclosure process is complete.
For more information or to list your home before the bank takes it, contact James Willis at 209-529-3960 ext. 217 or visit http://www.modestoshortsale.info
]]>While this may have previously been the case, today lenders are looking for verifiable hardship, monthly cash flow shortfall, or pending shortfall and insolvency.
If you meet these three requirements and believe that you soon may be unable to afford your mortgage, act immediately. Any delay could limit your options. Do not wait until the countdown clock to foreclosure has started and you have even less time left.
For more information or to list your home before the bank takes it, contact James Willis at 209-529-3960 ext. 217 or at http://www.modestoshortsale.info
]]>This is one of the most common misconceptions. The reality is that banks do not want to foreclose on your property because the foreclosure process is incredibly costly. Banks, investors, and even the federal government have all publicly stated that if a person is qualified for a short sale, the deal needs to be considered. Overwhelmingly, banks receive more on their investment through a short sale than a foreclosure.
The qualifications for a short sale include:
For more information or to list your home before the bank takes it, contact James Willis at 209-529-3960 ext. 217 or at http://www.modestoshortsale.info
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]]>Modesto Forclosure Help! Are you missing payments? You are NOT ALONE!
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