ARCHIVED BLOG POSTS
2011
Yes, you can Short Sale and buy another home. Mountain House [state(acronym) – We get this question a lot from people. “I am upside down and need to move. I would like to buy another home. Can I do that?” they ask us. Today they can. FHA (the Federal Housing Administration) has a new program tha...
01/11/2011
0
Comments
Typical Abandoned Real Estate Mountain House CA– The New York Time had an interesting article about one man’s mission in the fight to stop foreclosure. According to the article, Mark Guerette, attempted to make use of all the empty, abandoned houses he saw. I get frustrated when I see homes sit...
01/11/2011
Mountain House CA – The Stop Foreclosure Institute recently received a question from Jennifer. She is having a hard time selling her home. “I have had my house for sale for a little while, but it hasn’t sold. No buyers have come to look at it. At first I thought the price was fair. But, now that...
01/11/2011
Mountain House 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...
01/11/2011
0
Comments
Mountain House CA Loan modifications have become a joke. People get turned down for no reason at all. People really want to keep their home, but just can’t figure out what to do. The loan modification negotiators realize how desperate the homeowners are. They use their power over the person to t...
01/11/2011
Mountain House CA – If homeowner’s have a bill of rights, then bankers must have one as well. We decided to put together the Banker’s Bill of Rights. That way they wouldn’t feel left out. Let me know if we should put this together and petition congress to add it to the constitution. The Banker’s...
01/11/2011
Mountain House CA – I heard about a guy who got ripped off by a debt collector. The debt collector asked if he could pay them $500. He wanted to do the right thing. So he agreed to pay the $500. The debt collector sent him a form to make the payment thru his checking account. He filled out the f...
01/10/2011
Mountain House CA – Another agent asked me about a short sale. His seller owed 270k. The house was selling as a short sale for 170k. The lender had two opinions of the house value. They said the house was worth 220k. However, the agent thinks those are incorrect because the house has been on the...
01/10/2011
0
Comments
Mountain House CA – A forbearance is when you catch up all your back payments and continue paying your original mortgage payment. This is a good option for many. However, it doesn’t reduce your payment as much as a loan modification does. Discover how to negotiate a loan modification here. Most...
01/10/2011
2
Comments
Mountain House CA – It takes a lender months to foreclose on your house. I have seen some lenders take 2-3 years to foreclose on a house. There are two reasons this is happening. First, there are a lot of people unable to make their payments. Second, the court system is backed up. This gives you...
01/10/2011
Rainmaker
596,763
596,763
Ron Cedillo
Helping People and Enjoying Life