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No One EXPECTS to Face Foreclosure

The average homeowner doesn’t expect to face foreclosure. When foreclosure is imminent, understanding short sales is crucial in deciding what to do.

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Can I Do A Short Sale with Mortgage Insurance On My Loan?

The short answer is yes, but there are some things you should know about mortgage insurance first. Sometimes mortgage insurance can be a real pain to deal with in a short sale.  Since the mortgage insurance company is insuring the mortgage lender against losses in the event of default situation by the homeowner, when a [...]

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Options to Avoid Foreclosure

Every week, homeowners call our office because they have been told by a trusted Realtor or friend that we are in the business of short sale negotiation, and they are in need of avoiding foreclosure advice.  They have missed a few mortgage payments and now their lender is getting more aggressive with pursuing foreclosure.  It’s [...]

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Facing Foreclosure – The 5 Stages of Grief

It never fails…. The foreclosure auction is about 7 days away and the phone starts ringing off the hook. Homeowners calling, saying they haven’t made a payment in many months and now their house is going to the auction and they need help. …And Realtors calling, saying that they’ve had a listing for the last [...]

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Question #8 – What If I File Bankruptcy During a Short Sale?

The Short Sale Monkey’s Most Commonly Asked Questions – Video Series Question #8 – What If File Bankruptcy During a Short Sale?  This doesn’t come up very often, but when it does it can be very confusing.  Homeowners facing foreclosure often get a kitchen table full of marketing messages from people that say they [...]

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Stop Foreclosure in Texas – Not An Easy Task

Texas is what’s called a 21-day state, or non-judicial foreclosure state….there are only 6 of them in the entire U.S.  This simply means that when a mortgage company decides they are going to foreclose, they don’t have to use the judicial court system.  The only requirement the lender has to meet is posting the notice [...]

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