The average homeowner doesn’t expect to face foreclosure. When foreclosure is imminent, understanding short sales is crucial in deciding what to do.
Tag Archives | I need a short sale
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 [...]
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 [...]
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 [...]
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 [...]
Short Sale Question: Can I Stay In The House During The Process?
The Short Sale Monkey’s Most Commonly Asked Questions – Video Series Question #4 – Can I Stay in My House Until the Short Sale Is Complete? This is a common question because a lot of our clients contact us when they are only a few weeks from their foreclosure sale date and preparing to move. [...]
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