Israel Gonzalez's (ighomesdotcom) Blog

Hollister CA – I recently talked to a homeowner in foreclosure. She had heard of the short sale option. But, someone had told her that short sales are tough. They told her, "Banks never accept short sale offers. You are wasting your time if you try one." As a result, she never researched her opti...

Hollister CA – If you are upside down, then you might be tempted to walk away. You'll mail your keys to the lender and move out. Before you move out, I have some important information to tell you. You should stay in the house for as long as possible. Click here to discover how other sellers succe...

Hollister CA – Convincing a lender to approve a short sale isn't that difficult when you know the guidelines they are forced to follow. I have mentioned it elsewhere on this blog, but I will mention it again. Around 80% of all loans held by large national lenders (such a Bank of America or Wells ...

Hollister CA – The Stop Foreclosure Institute recently received a question from John. Here is John's Question. "Is it legal for a short sale seller to buy the house he is selling on short to reduce his mortgage loan?” asked John. Click here to discover how other sellers successfully did a short s...

Hollister CA – We are often asked by short sale sellers whether or not they should continue paying their mortgage payment while they attempt to short sell their home. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is the quick answer. Yes, if ...

Hollister CA – People with a VA loan often ask if they are eligible for a short sale. The answer is yes. A VA Short Sale is called a VA Compromise Sale. The Department of Veterans Affairs publicly releases copies of the Compromise Sale Guidelines. We usually list the property for sale and then su...

Hollister Short Sales CA – The Stop Foreclosure Institute recently received a question from Daniel. Here was his question. "I am trying to buy a short sale property. I put my offer on the property a few months ago. The property was priced about 50% lower than the other homes in the area. The bank...

Hollister Short Sale CA – A recent episode of the hit TV Show, Burn Notice had an important lesson. The star of the show is a no nonsense spy named Michael Westen. A guy calls him and tells him that some bad guys are after both of them. Michael says that in spy work you learn that a hot lead need...

Hollister Homes CA – Realtors have a very important role when it comes to helping sellers short sell their homes. It is the realtor who works to attract the purchaser by communicating with buyers and their realtor. The seller’s agent and the buyer’s agent often have to negotiate to come up with a...

Hollister Homes CA – It is thought that lenders tend to permit short sales only when and if a borrower has missed a payment. This is not true. Lenders also take into account other hardships the borrower may be encountering such as a divorce, job transfer, relocation, etc. Click here to discover h...