All My Wisdom(s)….
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Category Archives: Foreclosure
Your Check Is In The Mail!
There is a possibility that you may be receiving a check in the mail as “Compensation” from the banks for a short sale, denial of loan modification, foreclosures, bankruptcy, or a myriad of other actions by the bank for which … Continue reading
I need your help to help a deserving client avoid Foreclosure!
Here are the full questions & answers related to the Petition I have submitted for assistance in helping a client prevent a Foreclosure that should never happen! Find the petition at : http://www.change.org/petitions/help-save-this-family-from-foreclosure?share_id=iGqkvcTcnK QUESTIONS: I’m confused by this Dawn. It … Continue reading
HAFA Eligibility Checklist
I just listened to a webinar that mentioned that the HAFA (Home Affordable Foreclosure Alternatives) program has been exteneded through the end of 2014 CORRECTED – SHOULD BE 2013. Now IF the Debt Forgiveness Act is extended also, we will have a … Continue reading
INVENTORY Info Request from READER
QUESTION FROM NEWSLETTER READER 5/21/12: I wonder if you could give your thoughts on the amount of “shadow” inventory for the south bay. I guess shadow inventory would include REO, pre-foreclose, & short sale. Why is inventory so low? Thanks, … Continue reading
Escape Your Unmanageable Mortgage
Getting free doesn’t have to mean running away. Today, many homeowners find themselves unable to escape an unmanageable mortgage. Some of them are being given some bad advice.They are being told that walking away from their mortgage and letting the … Continue reading
Getting back in the black
Here is a great article from The New York Times that our California Association of REALTORS® shared for your information….. Getting back in the blackMore than 2.6 million households are at least 60 days delinquent on their mortgage payments, according … Continue reading
Investors….. They STILL don’t get it!
I recently had a short sale go south. This is so sad because now the Buyers lost an opportunity to become homeowners and the investors lost the chance to recoup almost 75% of their money. The property will now go … Continue reading
The only ones that benefit from a short sale are the REALTORS®
The only ones that benefit from a short sale are the REALTORS® These are the words a very good client and friend told me her bankruptcy attorney said to her. At first I was really angry and decided to sleep … Continue reading