Israel Gonzalez's (ighomesdotcom) Blog

Hollister CA – A potential home seller asked The Stop Foreclosure Institute how we get paid on a short sale transaction. So I decided to answer that question in today’s blog post. Here is how most Realtors get paid on a short sale. They make a real estate commission from the sale of the property....

Hollister CA – Are you looking to buy a short sale? Before you make an offer, you need to check and see how many mortgages are on the home. A short sale with only one mortgage is not that difficult. Even an inexperienced agent can often get these approved and sold. Click here to discover how othe...

Hollister CA – The next step in the process of getting a cleaned up credit report, is the one that takes the least effort, but the most patience: WAITING. You’ve done your part to get the ball rolling, and now the credit reporting companies have to do their part. Click here to discover how other ...

Hollister CA – The Stop Foreclosure Institute recently received a question from Dan. Here was Dan’s Question. "I recently purchased another home and tried to sell my former home. It isn’t selling and I can’t afford to make both payments. The home won’t rent for even 1/2 of the mortgage payment. A...

Hollister CA – Many agents get frustrated because they know who the short sale negotiator is, but they don’t have any way to communicate with them. Most short sale negotiators communicate by email. But, they usually wait until they are well into the transaction before they give you their e-mail. ...

Hollister CA – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul's Question. "I am thinking about a short sale, but I am behind on my property taxes. Will I still have to pay them if I short sale my home? Max." Click here to discover how other sellers successfull...

Hollister CA – Short Sales can be tough. Many buyers don't understand the process and think that since it is a buyer's market, then they set the rules. That's not the case. You, the seller set the rules. After all, you still own the property. But, more importantly, you must set the rules for off...

Hollister CA – In this case I would recommend you sell the house. Now, if you are reading this blog, then you must be researching a short sale. Which means that you are probably upside down on the home. You have three options. Option #1: Let your lender foreclose on the home. You just stop making...

Hollister CA – The Stop Foreclosure Institute recently received a question about renting a home in foreclosure. Short Sale Question: I am selling 2 of homes that are short sales. I would like to rent the homes during the foreclosure process. I will continue to pay the home owners association fees...

Hollister CA – If you have a foreclosure or short sale on your credit report, then it will lower your credit score quickly. In the near term, the decrease will be much more than it will be a few months down the road when it starts to inch its way back up. The credit reporting bureaus weigh the mo...