September 9, 2017
Why is it important to know who the investor is on your loan? Contrary to popular belief, the bank you send your payment to rarely actually owns your loan. Loans are actually owned by investors, and only serviced by who you send your payment to. Whether you send your payment to Bank of America, Wells Fargo or GMAC, they do
September 9, 2017
Short sellers often have different needs than sellers in a “regular sale”. Some buyers mistakenly believe that all that matters is how much they offer. While the amount of your offer is important, it is not the single most important determining factor, nor do the sellers have any obligation to accept any offer simply based on its
September 9, 2017
When faced with the possibility of a short sale, it is very important to choose the right real estate agent . Your financial future and a possible foreclosure may rest on this decision so choose carefully. If you see these warning signs – you may want to reconsider your Realtor choice before it is too late:Despite a market analysis telling
September 9, 2017
Sometimes renting out an upside down home seems like a good alternative to a short sale. There are several things to consider when deciding to rent out an upside down home: Will you make a profit? Investment property is generally purchased for the purpose of making money. If your anticipated rents fall short of paying the mortgage and
September 9, 2017
There are many reasons for wanting to short sell, but how do you know if you qualify?If you owe more than your home could sell for but want out, you may be wondering if you would qualify for a short sale . There are many hardships that result in approved short sales, and even those
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