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Short Sale Vs. Foreclosure?

February 28th, 2010 - By

My exhusband and I went through the process of a short sell on our house to avoid foreclosure. Does this look the same on my credit report?

Home Is Going Through A Short Sale, Who Pays For The Realtors?

February 27th, 2010 - By

My home is trying to go for a short sale to avoid foreclosure. I’m going into foreclosure because I don’t have any money. If the short sale goes through and there is a winning bid, who ends up paying for the closing cost and the Realtors?

Can Owner Do Short Sale Of Home Even After Foreclosure With Redemption Period Notice?

February 26th, 2010 - By

A friend of mine stopped paying for their home that is upside down. Now it’s in foreclosure and they received notice of auction date. Do they still have a chance to negotiate with the bank to sell property on short sale? Please advise.

Disadvantages Of A Sale Leaseback For The Investor?

February 25th, 2010 - By

My friend was approached with a Sale Leaseback opportunity. She is promised a certain amount of money over time. She will act as the investor in the situation.
Does anyone know if this is a scam or risk to the investor?
The agent set up the buy of the house on a foreclosure. She takes out the loan, at the end of the lease, the agent gives her money made off of the people who signed the house over to her to avoid foreclosure.

I M In Foreclosure April 10 Is The Sale Date At The Foreclosure Sale Auction How Can I Stop Is.?

February 11th, 2010 - By

Without filing bankcu… My mortgage is 4000 a month. Is it possible to save the house and lower my payments. The bank said they gave and alotment of foreclosures to a law firm . They will not give me that information.

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How Badly Does A Short Sale Affect Your Credit?

February 10th, 2010 - By

I am considering a short sale on my home in order to avoid foreclosure, but before I proceed, I would like to know how it will affect my credit. Will it be as bad as a foreclosure? How long will it be before a bank will consider loaning me the money to buy another home?

How Do I Write A 30 Days Notice For My Tenant In Order To Short Sale?

February 9th, 2010 - By

I am planning to short sale my home in order to avoid foreclosure. I need to inform my tenants and perfer them move out during the sale.

I Want To File Bankruptcy To Stop A Foreclosure, To Buy More Time To Get A Short Sale, The Deed Is Joint?

February 3rd, 2010 - By

If I file bankruptcy, will it stop the foreclosure? We have been trying to sell the house since Jan. We have sent in two short sale offers and both were denied. The house is now in the foreclosure status and I am afraid we are running out of time. Also, if I file bankruptcy, will it affect my ex if he is still on the deed? If so…can he file a quick claim to release his name from it? Will the bankruptcy completely stop the foreclosure…or will it continue with my ex? Is there even an option where I can let the house go, have a clean slate and continue to start over once I file bankruptcy. Will they still go after my ex or just take the house?

Short Sale To Avoid Foreclosure.?

January 11th, 2010 - By

If first and second mortgage holders accept a short sale and it falls short of the amount owed can they still seek a judgement even though they choose to accept the offer, especially if the property is worth enough to pay off both loans in full?

How To Stop A Tax Sale Foreclosure?

January 7th, 2010 - By

My house went up for a tax sale and someone purchased the certificate. They are about to foreclose. My father is on SS disability and we live in New Jersey. He is half owner of the house which he shares with a brother. The house is paid off except for the taxes. Are there any programs, loans, or any help out there that can save my house?