What Are The Important Short Sale Considerations? With a short sale, one may have the option of selling their home for less than the total amount owed on the mortgage note. The goal of a short sale is to gain permission from the powers to be of the note to liquidate a...
VA Compromised Sales Short Sale Help When a veteran gets a VA loan to purchases a home there is a guarantee from the VA on it up to a certain amount. When a borrower who has obtained a VA loan has a property that is underwater and they want to sell they will need to...
Ditech 2nd Mortgage Short Sale Ditech is a mortgage servicer and it appears a large volume of the loans they service are Fannie Mae (FNMA) backed notes when in 1st posistion. Fannie Mae is a Government Sponsored Enterprise (GSE) and their guidelines will govern the...
Nationstar Xome Help Nationstar has gone through a few different online auction platforms over the years. They used auction, Homesearch, and now Xome to open short sale transactions to the public. Depending on the investor on the note will determine if the servicer...
The HAFA Deadline for applying currently is December 30, 2016. HAFA provides borrowers and tenants the opportunity to leave a property through a short sale sale or a deed-in-lieu of foreclosure (DIL) while providing a relocation incentive of $10,000. It also allows a...
