Archive for the ‘Affordable Housing Program’ Category

What You Ought To Understand If Contemplating A Short Sale On Your City Of Roseville Home Loan

Monday, March 19th, 2012

Hello everybody my name is Mark Peek, your short sale specialist within the Sacramento area, thanks for testing my weblog today. I work with Keller Williams Realty in Sacramento and use my blog to provide useful content to householders seeking to avoid foreclosure. If you’re contemplating a short sale or have questions about the process stop by my web site for extra info or contact me directly with any questions.

For my blog immediately I wanted to speak about finishing a short sale if your house loan is thru town of Roseville’s Affordable Housing Program. If you are one of these homeowners you may have a silent second mortgage that was used to help make the down payment when purchased. Because this mortgage is thru the city of Roseville and not a financial institution there could also be some guidleines you will have to observe in the event of a short sale. First off, the home should be sold to a owner that may occupy the residence and not use it for industrial purposes. The one exception to this is if we are able to show that this is the only purchaser obtainable for the home. Having this second lien on your property doesn’t have to complicate the short sale process but would require your agent to fulfill both of the lenders.

In case you are considering a short sale and your property has a second lien by town of Roseville please contact me to make sure your short sale is successful. I’ve worked with the city of Roseville previously and have the expertise to get your lien released and your property sold. If your mortgage is underwater and you live within the Sacramento please give me a call to discuss your options. Thanks for your time at the moment and I look forward to hearing from you soon.

For more information on short sales and how to avoid foreclosure, or you can also and get started today.

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