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.

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 ...

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 ...

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, ...

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 ...

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 ...

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 ...

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 ...

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 ...

The path of a short sale Homeowner owes more than the house is worth. The homeowner does not need to be facing a foreclosure

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