Category Archives: Short Sales

&_&_&_ HAFA update from Bank of America _&_&_&

Posted on June 18, 2012 by fren537

Home Affordable Foreclosure Alternatives (HAFA) Short Sale Update HAFA Supplemental Directive 12-02, effective June 1, 2012, impacts short sales with loans from non-government-sponsored enterprises in which the homeowner is eligible for the HAFA program. Key enhancements include: Time frame extended: The program has … Continue reading →

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A Common Temecula Loan Modification Mistake and How To Avoid It

Posted on January 19, 2012 by fren537

Temecula CA – Most homeowners negotiating a loan modification are not amazing negotiators. After all, it’s not every American’s job to be a great negotiator. America is built on hard work and treating people fair. Most stores offer products at … Continue reading →

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Approved Short Sale Home For Sale in Hemet – Value, Location, Space…. 2 Beds, 2 Baths

Posted on January 19, 2012 by fren537

APPROVED SHORTSALE….. Need an offer! This is a gorgeous remodeled home in the 55+ Briarcliff community in Hemet ? The home is located on a quiet cul-de-sac. This property is in excellent condition move in ready. The back yard and … Continue reading →

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Why it is cheaper to short sale and rent versus getting a loan modification

Posted on January 5, 2012 by fren537

Temecula CA – Many people are shocked that it is often cheaper to short sale and rent that staying in your home with a loan modification. They find it hard to believe that they can rent a comparable or even … Continue reading →

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Are You A Casualty Of The Terrible Temecula Loan Modification Process?

Posted on December 29, 2011 by fren537

Temecula CA – I recently saw an amusing video about loan modifications. In it the guy called Wells Fargo “Hells Fargo.” Apparently it is tough to get a loan modification. They lose your paperwork. You have to talk to people … Continue reading →

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Attn: Bankers. Stop harassing Americans for money they don’t have

Posted on December 16, 2011 by fren537

Temecula CA – Maybe this is a pet peeve of mine. Or maybe it just seems ridiculous that someone would call a debtor over and over again asking to be paid, when they have already been told the debtor doesn’t … Continue reading →

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Should you walk away or should you stay?

Posted on December 5, 2011 by fren537

Temecula CA – Should you walk away or should you stay? Here is how to determine whether or not you should walk away from your home. Because of the decline in the nationwide housing market, I doubt that your home … Continue reading →

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No Payment in 492 Days!

Posted on November 25, 2011 by fren537

Temecula CA – According to the Wall Street Journal , the average homeowner with a home in foreclosure hasn’t made a payment in 492 days. What’s even crazier is that those homes are still in the foreclosure process. That means … Continue reading →

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Economic News: Stockton Takes Over as Worst in the Country

Posted on November 10, 2011 by fren537

NAR – metro area prices soften Metro area median existing-home prices in the third quarter generally were down from a year ago, while sales rose in every state from the third quarter of 2010, according to the latest quarterly report … Continue reading →

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Temecula Loan Mod Help: How will a loan modification affect my credit score?

Posted on October 27, 2011 by fren537

Temecula CA – How do foreclosures, loan modifications or short sales affect a credit score? Your credit score will be affected by late mortgage payments and a short sale. However, there are 2 things that are considered horrible on your … Continue reading →

Posted in Buying a Short Sale, Loan Modification, Loan Modification Help, Loan Modification Scams, Short Sale Help, Short Sale Scam, Short Sales, Uncategorized | Tagged , , | Leave a comment