RECENT BLOG POSTS
Miramar FL – After yesterday’s blog post, I am sure that some people were wondering why a HELOC gets zero from a foreclosure. Let me explain why. Get my Free, Step By Step Loan Modification Guide by clicking here. When a property is foreclosed upon, it is auctioned on the courthouse steps. Let m...
05/23/2011
Miramar FL – The Stop Foreclosure Institute recently received a question about short sales. Here is the question. “What is your experience with Chase Heloc's? I have a HELOC that is a 2nd mortgage. Citi (the 1st) will give them 6% or approximately $3000. Chase's collection agency is saying that ...
05/23/2011
Miramar FL – This is a common myth that is promoted by people that do not understand lenders or the foreclosure process. However, it's not true. Get my Free, Step By Step Loan Modification Guide by clicking here. Many homeowners have short sold their home and never missed a payment. The lenders ...
05/17/2011
Miramar FL – We, at the Stop Foreclosure Institute, receive emails all the time that go something like this... "The Bank’s Short Sale Problems are not that simple. A bank can't afford to write off too much loss at once. Also, their investors may not approve the short sale, because they can't aff...
05/16/2011
Miramar FL – We at the Stop Foreclosure Institute receive calls all the time that go something like this “I have fought the bank for year and half, and after paying thousands and thousands I have decided to short sale, can you help me”? Get my Free, Step By Step Loan Modification Guide by clicki...
05/13/2011
Miramar FL – The Stop Foreclosure Institute recently received a question from Cathy. Here was her question. “I am trying to buy a house that is a short sale. It has been 4 months and we have heard nothing. The agent did mention that they are now on the 2nd negotiator and still haven’t heard from...
05/12/2011
Miramar FL – The Stop Foreclosure Institute received a few responses from yesterday’s blog post. Most of the questions went something like this. "I think a lender would be stupid to approve an investment property short sale for a wealthy person. If I was the lender I would sue them for the loss....
05/11/2011
Miramar FL – The Stop Foreclosure Institute recently received a question from Aaron. Here was his question. "I recently purchased another home and make a good living. However, I can’t afford to pay both mortgages. (The house won’t rent for half of the current payment.) An agent told me that the ...
05/10/2011
Miramar FL – Lenders reject loan modifications only to lose more money when they sell the home after foreclosure. Here is how to prove the loss to them. Get my Free, Step By Step Loan Modification Guide by clicking here. When you request your free loan modification guide, you will have the optio...
05/09/2011
Miramar FL – In my opinion, the decision making process most lenders use to approve or deny a loan modification is flawed. It appears that the lenders have one thing in mind when you stop paying. Get my Free, Step By Step Loan Modification Guide by clicking here. They want to foreclose as quickl...
05/05/2011