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Take These Steps Before You Strategically Default In Sacramento Sacramento CA – Yesterday, we told you about a new program that Fair Isaac, the founder of the FICO score, came out with to tracks strategic defaults. If you are thinking about a strategic default, then you must be aware of this. FIC...
Sacramento Short Sales: My home is in foreclosure. How soon will the bank kick me out Sacramento CA – The Stop Foreclosure Institute recently received a question from another realtor named Sandy. Here is her question. “An agent in my office currently has a listing under contract. It is a short sa...
Sacramento Short Sales: The Wait To Buy Another Home After A Short Sale Was Recently Changed to 3 Years Sacramento CA – The Stop Foreclosure Institute recently received a question from Christina. Here is her question. "I just read your article Frequently Asked Questions about Short Sales. You men...
Another strategy to use when negotiating a Sacramento Loan Modification Sacramento CA – Lenders hate losing money. They hate loan modifications, principal reductions, and any other thing that causes them to lose money. But, in today's tough economy they have no choice but to accept them. The prim...
Sacramento Short Sales: How To Negotiate Away Promissory Notes Sacramento CA – If your loan has Private Mortgage Insurance, also known as PMI, then there is a high likelihood that they will request that you sign a promissory note. Today’s blog post talks about how to convince the lender to waive ...
A Common Short Sale Mistake Being Made On Sacramento Short Sales Sacramento CA – I see a lot of agents making mistakes on short sales property valuation. Lenders hire a supposedly impartial third party to value the property. Many of these people are evaluating 10 properties a day. There is very l...
Sacramento Short Sales: The Short Sale Process from beginning to end. Sacramento CA – The short sale process can vary, but it will generally work as follows: 1) The lender is contacted to discuss the possibility of a short sale and to determine the lender's process for completing the sale. 2) The...