Getting a Discount on Your Second Mortgage Part 2

Part 2 in our video series outlining how would can take steps to buy back your second mortgage for significantly less than when you currently owe.

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Getting a Discount on Your Second Mortgage Part 1

How would you like to be able to buy back your second mortgage for significantly less than when you took out the loan? In our previous episode of the short sale show we talked about why it may not make sense to continue paying on your second mortgage if you cannot ...

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Should You REALLY Keep Paying On Your Second Mortgage?

Are you consumed with a desire to stay in your home? Are you shackled with two mortgages, the combined payments of which are simply not withing the affordable range anymore? In this video I talk about how, if you care more about your home than your credit, you can get ...

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Short Sale or Loan Modification?

While searching for short sale news the other day I ran across a good blog post by Jim Klinge. He was replying in detail to one of his readers who was struggling trying arrange a short sale or a loan modification. Jim brought up a number of valid points, ...

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What Happens With the Short Sale Deficiency Balance? Part 3

Here we wrap up our 3-part series outlining the major points concerning a short sale deficiency balance and what you need to be thinking about when faced with one. It's important that you do watch all 3 videos if you are going into a short sale situation because the deficiency balance ...

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What Happens With the Short Sale Deficiency Balance? Part 2

A short sale on your home will result in a deficiency balance and is often handled in one of three ways as outlined in the previous episode of this show. While your lender can, and often will, put in writing that upon completion of the short sale and them receiving the ...

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What Happens With the Short Sale Deficiency Balance? Part 1

Short Sales always result in a some type of deficiency balance. After all, if you owe $250k on your home and the lender chooses to take a short sale that returns to them only $115k then a $135k deficiency is created. How that deficiency is handled is probably the most ...

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Can Your Rent Your House Back After a Short Sale?

I am constantly coming in contact with troubled homeowners that are looking for the solution to their unaffordable, over leveraged home. While a short sale is often the best solution (sometimes the only solution)I find that most have a strong burning desire to "save the home" and will often ...

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The Short Sale Process

Short Sale negotiation is usually not a speedy process. But while things can often feel like they are taking an eternity to get any results at all, the flow of the entire ordeal is rather predictable. Most short sales stick to a general patter from the time the ...

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Short Sale News

Loan Modification Short Sale and Foreclosure Tax Consequences SAN DIEGO, Feb. 3, 2012 /PRNewswire/ -- Indicating most homeowners awaiting loan modification app...

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Short Sale News...

Loan Modification Short Sale and Foreclosure Tax Consequences SAN DIEGO, Feb. 3, 2012 /PRNewswire/ -- Indicating most homeowners awaiting loan modification app...

Bergen County Short Sales: Why Bank Of America Is Offering A New ... Enter your info in the form and I will send you instant access to the Free Video: "How to Short S...

Contra Costa Short Sales just got some good news! There was great disappointment when Governor Schwarzenegger vetoed SB 1178 last year.  1178 would...

Short Sale FSBOs Buying short sale homes from a seller without an agent. For sale by owners in pre-foreclosure. Ho...

Strategic short sale becoming a more common alternative Ann and her husband decided to accept the new terms of a loan their bank came up with the night b...

Short Sale counter offer question - Zillow Real Estate Advice Home Buying in the US - Howdy, I would like input on a chain of events that is unfolding currentl...

Short Sales in Contra Costa, then and now . . . Yes, Short Sales will be here to stay for quite some time.  Almost 5 years ago, I started my firs...

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