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What Are the Differences Between Foreclosure and Short Sale?

Once you fall behind your mortgage payments, you would be confronted with certain repercussions. For one, you might be on the verge of losing your home. Other home owners in a difficult position like you are in dire need of rescue on what to do to save Read More...
Posted Saturday, April 10, 2010 11:38 AM by Chaim Gleitmann CIPS | 0 Comments

FREE FORECLOSURE SEMINAR FOR HOMEOWNERS

“Take Control of Your Mortgage” will be the subject of a free seminar for homeowners facing foreclosure on Saturday, Feb. 27 from 10 a.m. to noon at Colonial Oaks Park, 5300 Colonial Oaks Blvd. Panelists will include: Xena Vallone of Xena Read More...
Posted Wednesday, February 03, 2010 11:54 AM by Chaim Gleitmann CIPS | 0 Comments

Shortsales: The Real Story

Short sales are not new. Lenders have been doing them for years. However, due to the increase in mortgage delinquency due to our current economic situation, the lenders are now inundated with request for short sales. Bank of America, Chase and Wells Fargo Read More...
Posted Sunday, November 08, 2009 11:19 AM by Chaim Gleitmann CIPS | 0 Comments

Mortgage Modification Assistance Helping Distressed Home Owners

Changing or amending one or several aspects of a mortgage agreement is called loan modification . Loan modification is normally used by mortgage companies to help mortgage holders but can be used to alter the terms of any loan or debt obligation. Over Read More...
Posted Sunday, November 08, 2009 9:25 AM by Chaim Gleitmann CIPS | 1 Comments

Know How To Find Solutions With Home Loan Modification

In a time of financial crisis many individuals find themselves reflecting on their financial situation, especially in regards to the fluctuating housing market . No individual wants to lose their home but the search for solutions to stop foreclosure seem Read More...
Posted Thursday, November 05, 2009 10:34 AM by Chaim Gleitmann CIPS | 0 Comments

What You Must Know About Shortsales

Lenders have been doing them for years. However, due to the increase in mortgage delinquency due to our current economic situation, the lenders are now overwhelmed with request for short sales. Lenders have been very slow in their response to short sale Read More...
Posted Tuesday, November 03, 2009 12:20 PM by Chaim Gleitmann CIPS | 0 Comments

Rebuilding credit after foreclosure or short sale

The ideal of homeownership may have lost its attraction to the millions of underwater owners who have lost homes during the housing meltdown. But it is never too soon for folks who have given up their homes to start pointing to the day when they will Read More...
Posted Sunday, November 01, 2009 5:13 PM by Chaim Gleitmann CIPS | 1 Comments

Short Sale Homes

Are you looking for short sale information or advice for your home? Are you having trouble meeting your mortgage payments and worried about foreclosure ? If you want to get out of your current situation an quickly as possible with minimal damage to your Read More...
Posted Monday, October 26, 2009 12:39 PM by Chaim Gleitmann CIPS | 0 Comments

Are Short Sales Anything but Short?

For buyers, short sales are a way to get a bargain. For upside-down homeowners, they are a way to avoid foreclosure . But for pretty much everyone involved, short sales are not a way to buy a house quickly. But short sales can be anything but short. Unless Read More...
Posted Saturday, October 24, 2009 5:28 PM by Chaim Gleitmann CIPS | 0 Comments

Report Sheds Light on Why Homeowners Walk Away

When do borrowers walk away from their homes? More often, it’s when the bank can’t go after them. A new study shows that mortgage defaults are higher in states where banks can’t pursue a defaulted borrowers’ assets in court, suggesting Read More...
Posted Friday, October 23, 2009 11:25 AM by Chaim Gleitmann CIPS | 0 Comments

Fewer Short Sales Come Up Short

While obstacles to short sales remain, real estate practitioners say the process is becoming more efficient. Rather than waiting six months or more to push through a deal, agents say banks are more willing to negotiate prices up front. “My gut feeling Read More...
Posted Wednesday, October 21, 2009 12:50 PM by Chaim Gleitmann CIPS | 0 Comments

A note to Homeowners

Facing foreclosure ? Scammers are targeting people having trouble paying their mortgages . Some claim to be able to “rescue” homeowners from foreclosures, while others promise loan modifications – for a fee. The Federal Trade Commission Read More...
Posted Monday, October 19, 2009 9:22 AM by Chaim Gleitmann CIPS | 0 Comments

A Bank Short Sale - My Only Option?

A bank short sale is not the only choice we have to avoid foreclosure - but it is definitely better than some of the other possibilities. If a homeowner is already in this position, they are already dealing with intense financial anxiety from every angle. Read More...
Posted Sunday, October 18, 2009 5:56 PM by Chaim Gleitmann CIPS | 0 Comments

Can You Save Money At A Foreclosure Auction?

In the last year and a half foreclosures in the United States have been commonplace. Banks and mortgage lenders have many properties they must sell to recoup their loans . At foreclosure auctions, houses often sell for a fraction of their market value Read More...
Posted Sunday, October 18, 2009 10:46 AM by Chaim Gleitmann CIPS | 0 Comments

Foreclosure Information

Home foreclosure is a very real and troubling concept to many home owners these days; this has been even truer over the last few years. Home foreclosure has increased exponentially across the USA particularly with numerous individual home owners losing Read More...
Posted Friday, October 16, 2009 1:35 PM by Chaim Gleitmann CIPS | 0 Comments
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