Has Your House In Short Sale Locked By Bank? Having your house in an active short sale locked by bank does not necessarily mean the home has been officially foreclosed on; quite often enough, it is simply a matter of property preservation. Mortgage servicer’s...
Los Angeles Short Sale Negotiator When a borrower or homeowner owns a home that is worth more than what is owed and want to sell, a short sale review with the mortgage servicer is needed. In California if a short sale is completed the lender will settle the debt in...
HAFA EXPIRES 2016 The federal government’s Making Home Affordable Program (MHA) which includes the Home Affordable Modification Program (HAMP), Home Affordable Refinance Program (HARP), and the Home Affordable Foreclosure Alternative program (HAFA) were due to elaspe...
Short Sale Processor Help Why Use A Short Sale Processor? “No one can whistle a symphony. It takes a whole orchestra to play it.” Some agents will not touch a short sale file without their processor(s) and others are scared to relinquish any control whatsoever. We...
No Relocation Incentive When going through a short sale most borrowers on their primary residence are in need of relocation assistance. It’s important to know as a rule of thumb that most servicers and investors do not offer relocation incentive on high balance loans....