September 11, 2017
What happens to my house in bankruptcy? I often hear folks touting bankruptcy as an answer to a foreclosure. This is simply not always accurate. Bankruptcy is a solution to debt issues. However, if you are hoping to save your home, filing bankruptcy will not in fact help you keep your home. A bankruptcy will only TEMPORARILY halt collection efforts
September 11, 2017
Connecticut home prices have not recovered significantly over the last ten years, leaving many folks still underwater in their homes. While many have decided to sit tight and stick it out, sometimes life makes that impossible. When facing an employment relocation, job loss or change, divorce, income change or other life event – sometimes just holding out
September 11, 2017
The one consistent rule in short sales is that the rules will always change! I have noticed a new trend with all Fannie Mae backed short sales in the last year or so. Once reaching approval stage, 100% of the time Fannie Mae is requesting a cash contribution or large promissory note from all NON-OWNER OCCUPANT short sellers. Lenders have never
September 9, 2017
A lot of my clients have more than just house debt…usually they also have credit card and other debt to add to the mix. Once you start borrowing from one to pay the other, or keeping some up at the expense of the others, it’s time to start considering your options and fast. If you’re falling
September 9, 2017
There is a lot involved in getting through a short sale. For the sellers – it is clearly imperative to choose the right short sale listing agent to get the home sold and the short sale negotiated. But often overlooked is the role of the buyers agent. The right buyers agent will provide some invaluable services to a buyer wanting
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