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Short Sale Incentives by Major Lenders

Posted on 29 Jul, 2011 by admin

Who has the note to your mortgage or who is the one that is servicing it? Major lenders ALL across the board are offering incentives to homeowners who pursue a short sale. Is your lender one of them? Below is a list of some of the major lenders across the country that are offering perks to homeowners, and the details of their incentive programs. Some of the other lenders

Phoenix Rental Market – One of the Country’s Top Ten Investment Areas

Posted on 15 Jul, 2011 by admin

The Phoenix metro area is making headlines again, this time as one of the country’s ten best areas to invest in rental properties. This is great news for people that didn’t realize it already, because it could potentially lead to investors scooping up all the foreclosures that hit the market every day. As the media has shown, the areas that have been hit the hardest through this foreclosure

Who wants some free money? CitiMortgage will comply with your wishes…

Posted on 17 Jun, 2011 by admin

Two questions: 1 – Do you have CitiMortgage as your mortgage lender? 2 – Do you realize that if you sell now, you can take advantage of the tax benefits AND get money from your lender to do so? Another lender is jumping on board the Short Sale Streamliner and getting into the cash back game. In an effort to get as much bad debt off their books, CitiMortgage

Chase Gives Homeowner $20,000 for a Short Sale

Posted on 20 May, 2011 by admin

The days of receiving cash for a successful short sale are upon us. We JUST closed a deal within the last two weeks where the homeowners were paid to short sale their home. That’s right, you heard correctly: The lender paid them to short sale their home. They received this money at the close of escrow. Instead of being in a situation where they were dead in the water, potentially

Ticking Time Bomb? Mortgage Debt Relief Act Expires before you know it!

Posted on 27 Apr, 2011 by admin

When it comes to the relief of debt, you will need to make a swift decision on what course of action you will pursue. One one hand, you might want to hold on to your property for sentimental value. On the other hand, you might want to look at the decision with your property as a business decision. HERE ARE THE FACTS: Up until December 31, 2012, taxpayers that

More tools for homeowners!

Posted on 7 Jan, 2011 by admin

Distressed Homeowners, you’ve officially been recognized by the federal government. They now realize that there is a possibility that you might be facing foreclosure and are being proactive in giving you tools to assist in your process. Fannie Mae recently launched a WaysHome website (http://www.knowyouroptions.com/ways-home) allowing you to learn about your options in avoiding foreclosure. Their website features options for staying in your home, options if you want to

Not going to turn around anytime soon…

Posted on 21 Oct, 2010 by admin

Who needs a bailout now? Fannie Mae and Freddie Mac are next in line, the taxpayers should probably be first in line. According to CNN Money: “The Fannie-Freddie bailout could end up costing taxpayers up to 363 BILLION through 2013.” According to Yahoo Finance: “The worst-case scenario assumes the economy would fall back into a recession and home prices would sink an additional 24 percent, until early 2012.” http://money.cnn.com/2010/10/21/news/economy/FHFA_Fannie_Freddie/index.htm