Dave Halpern, Broker, SRES

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Real Estate Agent - Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827
RECENT BLOG POSTS
Yes, you can short sale your house even with structural damage. Indeed, the lender may be more inclined to settle your loan because of the structural damage. The bank does not want to own your house. But who will want to buy my house with structural problems? Someone will. Price fixes everything....
02/26/2011
Who Falls Behind On Their Mortgage Payments? Good, honest, hardworking people! Overwhelmed by other life events, such as health reasons or divorce. Adjustable rates crushing them. Vanishing equity but need to sell. Business owners whose businesses got ground up in this unrelenting economy. Homeow...
02/21/2011
I am a Realtor and I list short sales for overleveraged clients, often behind on payments. Their houses aren’t always in tip top shape. Buyer’s agents often ask me if the house will pass an FHA inspection. Our response is tendered as politely and professionally as possible, however our answer is ...
02/20/2011
Unfortunately some employers consider bad credit as a predictor of effectiveness and trustworthiness. How Can A Short Sale Benefit You Vs. a Foreclosure? Interviewers are asking candidates for authorization to contact the three major credit reporting bureaus. Candidates are worried bad credit wil...
02/20/2011
Being Foreclosed Upon While Deployed In The Military? Check Your Rights Under SSCRA and SCRA. The Soldiers & Sailors Civil Relief Act (SSCRA), now known as Service members Civil Relief Act of 2003 (SCRA) provides protections to active duty service members. If you have credit card debt, mortgage p...
02/20/2011
Can you stay in the house while a short sale is being worked out with your lender? Yes! Actually, your lender usually prefers you stay in the house, even if you are not paying the mortgage. Why Does The Lender Want You Stay? If you stay in the house, you are protecting the house, which means you ...
02/19/2011
Can I short sale my house if I am behind on payments in Louisville KY? Yes! As a matter of fact, banks and lenders have designed the short sale as a method to help borrowers who are behind on payments. The banks almost expect you to be behind on payments in order to qualify for the debt relief of...
02/18/2011
The FTC recently put into effect a new rule that adds regulations to 3rd party negotiators, attorneys and Realtors who help sellers in need of a short sale. Realtors Need Clarification and Authoritative Disclosure Language Short sale Realtors nationwide are waiting for clarification from NAR and ...
02/18/2011
Thousands of homeowners are behind on mortgage payments in Louisville KY. You are not alone. It’s a local and national epidemic. The job market is weak. Family issues may be causing financial difficulty. House values are down, big time. You can’t sell for enough to pay off the mortgage, and you c...
02/17/2011
Raising mortgage insurance premiums raises borrowers payments. Anything that raises the payment also lowers the purchasing power of the buyer. Lower purchasing power means sellers have to lower sales prices. Lower sales prices means more sellers move into a negative equity position. More sellers ...
02/16/2011
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Dave Halpern

Louisville Short Sale Expert
local_phone(502) 664-7827
smartphone(502) 664-7827
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