http://bellevueshortsaleexperts.com Mon, 01 Feb 2010 02:55:04 +0000 http://backend.userland.com/rss092 en If you are facing a short sale situation and/or a possible foreclosure- chances are, you may have some other outstanding debt to deal with as well. When you aren’t able to make your mortgage payments, it leaves little left for anything else. Therefore, you find yourself putting life’s necessities (food, gas, ... http://bellevueshortsaleexperts.com/2009/12/17/how-to-recover-from-consumer-debt-after-a-short-sale/ According to a recent article published 12/2/2009 on the Todayshow.com website, contributor Barbara Corcoran offered fresh insight into the government’s Making Homes Affordable program and where we’re at with the effort to successfully execute loan modifications. No not the temporary, partial modifications that waste your time and money. REAL MODIFICATIONS ... http://bellevueshortsaleexperts.com/2009/12/06/gear-up-tackle-loan-modifications-the-smart-way/ Greetings all! I felt inspired to write this article after our broker informed us this morning at our sales meeting that there is a man running around the Bellevue/Seattle area hiking up the fee’s of short sale transactions. Specifically, something to the tune of him making $39,000 profit at the buyers expense. This ... http://bellevueshortsaleexperts.com/2009/11/18/how-much-is-a-short-sale-going-to-cost-me/ Yes! It’s true! If you’ve ever thought about, simply letting your home be sold at foreclosure to avoid a deficiency judgment, think again! Maybe you’ve even been advised that if you can’t get your lender to waive the difference in a short sale or deed in lieu of foreclosure, to just have them ... http://bellevueshortsaleexperts.com/2009/11/12/deficiency-judgments-after-a-non-judicial-foreclosure/ We get asked this all time, but the truth is no one but an attorney should give you council on whether or not it is in your best interest to continue to pay your mortgage payments. That said, there are advantages and disadvantages to both scenarios when trying to strategically ... http://bellevueshortsaleexperts.com/2009/11/04/if-i-want-to-try-to-do-a-loan-modification-or-a-short-sale-should-i-stop-making-my-mortgage-payments/ Loan Modifications & The Making Homes Affordable Program- What do you need to know? Have you heard about the Making Homes Affordable program? It’s yet another program set up by our federal government to get the economy and housing market back on track, but what does it mean to you? If you are ... http://bellevueshortsaleexperts.com/2009/10/26/loan-modifications-the-making-homes-affordable-program-what-do-you-need-to-know/ In the event that you decide to attempt to short sale your house, there are clear disclaimers that you need to be aware of. The following is a list that is specific to a short sale situation where the seller already has an interested buyer or a buyer writing up ... http://bellevueshortsaleexperts.com/2009/10/05/important-issues-you-need-to-know-before-choosing-a-short-sale/ A short sale is when the bank allows people to sell their home for LESS than the current balance on their loan. Why would a bank do this? Banks are in the business of making loans. Lending money. NOT managing properties. The banks don't want these non-performing assets on their books because it hinders their ... http://bellevueshortsaleexperts.com/2009/09/20/what-is-a-short-sale/ Free foreclosure help & counseling!! Get the facts! Get informed! Use the resources our government has set up to keep you protected from scams, investor sharks & illegitimate business practices. It’s critical that you’re able to filter through the abundance of misinformation available on the Internet. RESOURCES: For the ultimate in consumer protection, visit the ... http://bellevueshortsaleexperts.com/2009/08/21/forclosure-help/ If you’re facing foreclosure, but want to stay in your house you need to consider a loan modification. Clearly most everyone would love to stay in their home if at all possible! However, loan modifications are for people who can show the bank that they can & plan to pay the bank ... http://bellevueshortsaleexperts.com/2009/08/05/loan-modification/