Posted on June 14th, 2012
Hello everybody my name is Josh Pomerleau with Short Sale Shift, Minnesota’s premiere short sale staff, thank you for taking a minute to check out my blog today. I work with Keller Williams Realty in the Minneapolis area and blog on daily basis from the short sale trenches to offer valuable info to householders on their options for avoiding foreclosure. In the event you can no longer afford your mortgage, or are already considering a short sale, please take a minute to browse the over 600 videos on my website or contact me directly to discuss your options.
For my blog at this time I wanted to compare a loan modification and a short sale in order to weigh which could possibly be your best option. Lots of my past clients have checked out doing a loan modification with out having a lot success. I have even had some clients who have successfully completed a loan modification but still not be capable to sell their residence or afford there month-to-month payments. In my opinion a short sale will put you in a much better position for the long term than by completing a mortgage modification. Typically times a mortgage modification will only add any passed due payments on to the end of your mortgage and still leave you with an underwater property. The ideal scenario for a Minnesota home-owner would be a principal reduction together with a mortgage modification however that may be a uncommon occurance.
Because a loan modification does not help reduce the amount of debt on your underwater property a short sale may be in your best interest. If in case you have any questions on the short sale process, or want to get started in the present day, please give me a call today to arrange a free consultation. Thanks for your time right this moment and I look forward to hearing from you soon at Minnesota’s premiere short sale team.
Filed under Avoiding Foreclosure, Best Interest, Daily Basis, Free Consultation, Hello, How To Avoid Foreclosure, Ideal, Keller Williams Realty, Loan Modification, Minneapolis Area, Mortgage, Pomerleau, Present Day, Success, Thanks For Your Time, Trenches, Truth, Uncommon Occurance, foreclosure, foreclosures, principal reduction, short sale, videos | No Comments »
Posted on June 13th, 2012
Hello everybody Mike Rigley here, your distressed property and short sale advocate within the Sacramento area, thanks for taking a minute to take a look at my weblog today. I work with Keller Williams Realty in the Sacramento area and use my blog to provide invaluable info to owners on their choices for avoiding foreclosure. If you’re behind on your mortgage, or already considering a short sale, please take a minute to browse my website for extra data or give me a call to discuss your options.
For my weblog as we speak I wanted to discuss the opportunity of refinancing your mortgage by way of the brand new HARP 2 program just unrolled by the government. Many homeowners wish to stay in their houses but their current montly payment and interest rate may be just too high. This is especially true for those Sacramento owners who have an adjustable rate mortgage and are not sure what their future payments might be. Because of latest changes in the Home Affordable Refinance Program, generally known as HARP 2, lenders are know helping owners obtain financing that was otherwise unavailable because of declining home values or negative equity. This program is designed to assist borrowers who have stayed current on their Fannie Mae mortgage however have seen the worth of their dwelling drop. In order to qualify your loan have to be with Fannie Mae, you have to be present on your mortgage, and the mortgage origination date have to be previous to May of 2009.
So if you are underwater on your mortgage and contemplating staying in your house please give me a call to see in the event you qualify. For extra data visit my web site or contact me directly to discuss your entire real estate choices in the Sacramento area. Call me today, sleep better tonight, you will be glad you did.
Filed under Adjustable Rate Mortgage, Avoiding Foreclosure, Borrowers, Dwelling, Estate Choices, Fannie Mae Mortgage, Group Blog, Home Values, How To Avoid Foreclosure, Invaluable Info, Keller Williams Realty, Mortgage Origination, Negative Equity, New Harp, Realty Group, Refinancing Your Mortgage, Sacramento Area, distressed property, fannie mae, foreclosure, foreclosures, interest rate, short sale | No Comments »