RECENT BLOG POSTS
DON'T LET YOUR LENDER FOOL YOUTHEY ARE NOT ON YOUR SIDEOCWEN just told us they have shut down their Loss Mitigation Department!Now we all know a Lender can not shut down a department and still service their customers. This is just one more lie the Lenders are Telling us.Two Months back a local R...
04/16/2008
Is More Money going out of your Home than into it? Have you Tried to Re-finance out of an-interest only Loan only to Find your Bank wants to Charge you a High Cost of Pre-payment Penalties? Is your Rental not covering all the Costs of the Property? Are the Taxes and Insurance Costs pushing you...
04/16/2008
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WHAT IS A "SHORT SALE"?First, let's discuss some definitions: a Short Sale is a negotiation where the mortgage amount you owe on your Home is "Shorted". When the property is sold the Lender agrees to receive less than what is owed to them.Second, to begin a Short Sale the seller must have a "HA...
04/16/2008
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The Buyer determines price and the Seller determines value. It is as simple as supply and demand. It is ALWAYS a "buyer's market", regardless of product. Wondering why your house is not selling....lower the price and let the buyer's drive the price back up via competition. Let your local marke...
10/27/2007