Tag Archives: underwater mortgage

Short Sale Facts – Debunking The Myths

Completing a short sale today is much quicker and easier than ever before so let’s dispel the myths and review the facts that every homeowner should know. Freddie [..]

Homeowner issues, Mortgages, Short Sale, Tips and Strategies , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

11 Million Homes Still Underwater

With all of the real estate gains in 2013, one in five homeowners currently still owe  more on their mortgage to the bank than their home is worth!

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2013 Real Estate Review Has Good News for 2014

As we approach the end of 2013, I’ve got nothing but good news to share about the outlook for the real estate market going into 2014 … It’s really [..]

buying a home, Featured, Foreclosures, Home Buyers, Home Sellers, selling a home , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Homeowners Equity Is Returning

Homeowners Equity Is Returning – Did you know that after several years of the housing crisis, many borrowers are now above water on their mortgages bringing welcome relief [..]

buying a home, Featured, Home Buyers, Home Sellers, Homeowner issues, selling a home, Short Sale, Upside Down Mortgage , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Feds Extend HARP Refinance Program

Feds Extend HARP Refinance Program to 2015 and offer a life raft to underwater homeowners Click for FHFA Extension Announcement Click for qualifications HARP Website  

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Housing Market Is In Transition

The Housing Market is in a Transition Stage Making Now a Good Time For Buyers and Sellers to make a Decision on Moving Forward! Contact Frank for any [..]

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Top 10 Short Sale Myths

  To Help Make an Informed Decision About Your Home When Facing Foreclosure – Here Are the Top 10 Myths About Short Sales….. Don’t Believe Them!!

Foreclosures, Short Sale, Tips and Strategies , , , , , , , , , , , , ,

What is the CA Homeowners Bill of Rights?

What is the California Homeowners Bill of Rights which became law on Jan 1, 2013? For more details and additional Information: California attorney general’s website at http://www.oag.ca.gov/hbor Consumer’s [..]

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Mortgage Debt Relief Extended

Congress passes the American Taxpayer Relief Act of 2012 Mortgage Debt Relief Act Extended Here is the Link to see the full text of the act – http://www.businessinsider.com/breaking-full-text-of-the-157-page-bill-to-avert-the-fiscal-cliff-2013-1 [..]

Featured, Homeowner issues, Mortgages, Tips and Strategies, Upside Down Mortgage , , , , , , , , , , , , , ,

HARP 2.0 Helps Underwater Homeowners Refinance

Harp 2.0 Helps Underwater Homeowners Refinance Click below link for additional information: http://www.makinghomeaffordable.gov/programs/lower-rates/Pages/harp.aspx  

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Chase Offers No-Document Refinance with Principal Reduction

JPMorgan Chase went from fast-tracking foreclosures to rubber stamping and pre-approving some borrowers for refinances and even principal reduction. If you have a Chase loan… Make sure you open [..]

Loan Modifications, Media Articles, Mortgages, Refinance, Upside Down Mortgage , , , , , , , ,

CA Lawmakers Approve Homeowner Rights Bill

California lawmakers approved legislation Monday hailed as the nation’s most comprehensive push to strengthen homeowner rights since the housing meltdown, acting despite opposition from the banking and finance [..]

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Shadow Inventory: 45 Months to Clear Distressed Housing Supply

It will take at least 45 months to clear the market’s supply of distressed homes, or the shadow inventory, according to estimates from Standard & Poor’s Rating Services [..]

Foreclosures, Mortgages, Uncategorized , , , , , , , , ,

Sacramento Homeowners Are Really Underwater

Homeowners in the Sacramento metropolitan area are underwater by $20.7 Billion. This is according to a national study conducted by Zillow, a Seattle based real estate data company. [..]

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Strategic Foreclosure Default versus Short Sale

It’s Good Business to Short Sell your Under Water home instead of foreclosure… ESPECIALLY if you are Not a Multi-Millionaire who can pay cash for future items because [..]

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Four Things You Should Never Do If You Fall Behind On Your Mortgage

The current real estate market is putting many homeowners in a position of looking for solutions since they are unable to make their mortgage payments and they owe more [..]

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Avoiding Short Sale Pitfalls

A short sale is when the lender will accept less on the sale of a property that is underwater –  when the homeowner owes more that the house [..]

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Second-Mortgage Misery

by Robbie Whelan Wednesday, June 8, 2011 Nearly 40% Who Borrowed Against Homes Are Underwater Almost 40% of homeowners who took out second mortgages—extracting cash from their residences [..]

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Underwater Mortgages Continue to Rise

It may be hard to believe, but sometime, somehow, the foreclosure crisis will actually ease. But I really don’t think that this will happen anytime soon. Home prices [..]

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