You've been thinking about your home and its value in relationship with the mortgage you pay each and every month. You, like many, many people, know that your value is upside down and wonder if these legislators and banks will soon come out with a plan to help you save your home. There are many [...]
Hello, I help homeowners in distress short sell their homes. My service is free to these families. I have a family that is losing a home due to unemployment. The short sale is almost approved but the servicer wants the owner to share in the loss. They are asking this family to contribute $1,000 to [...]
Our team specializes in helping homeowners who are upside down on their mortgage and can provide options if selling is the right solution. A team member meets with you, the homeowner, so you can tell us about your situation and your goals. As you probably know, there are many options and many paths that can [...]
Where to begin in the short sale process Contact the Pro Short Sale Group for a free consultation If a short sale is the best option, a complete short sale package is prepared and submitted to the lender Your property [...]
A Short Sale Maybe A Better Alternative Take action and learn all you can about your options by meeting with a professional who can assist you: We will explain your options in detail We will answer your questions regarding the process and any other questions you need clarification on We have the forms and a [...]
Why A Short Sale May Be Your Best Option You spoke with your lender and explored all the available options but your financial situation does not allow you to sustain any payment plans offered by the bank, what do you do now and is a Short Sale a viable option? You can do a Deed-in-lieu [...]
You've been thinking about your home and its value in relationship with the mortgage you pay each and every month. You, like many, many people, know that your value is upside down and wonder if these legislators...
Know the difference between a true loan modification, a recast, vs. the other loan modification. From the Investopedia website the definition of Mortgage Recast: What Does Mortgage Recast Mean? A feature in some types of mortgages where...
In this next letter, the lender forgives the deficiency and the closing date is almost immediate, within 15 days. Above all, you should work with an attorney or tax advisor to examine this letter when it's your...
In this next letter please note that the lender does not mention anything about forgiving the deficiency and it does not state cancellation of the promissory note. To examine this letter Go here If you have any...
It's always best to have an attorney review the lender approval letter for your short sale due to the implications in the way they are worded. In this 3 part installment we'll examine 3 lender letters and...
