Fairfax VA – We’ve been talking about Wall Street owned loans and “slicd and diced” loans for a while now. Remember, these owners are not the same as Fannie Mae, Freddie Mac, FHA and VA. It’s not as likely that they won’t give you a complete release from the debt. Nevertheless, I have some good […]
Are Upside Down Mortgages a Contemporary Debtor’s Prison? We all know Debtor’s Prison didn’t work. In fact, Debtor’s Prison was a solid drag on the economy. Here is the cause. An individual would go into debt. If he could not repay the debt, his lender could have him sent to jail. Here is the problem with that […]
Fairfax VA – This is a continuation of a concept about how the bank’s regard Fairfax short sales. Are you attempting to prevent a deficiency judgment? If so, then you need to be mindful about how you stage yourself to your lender. A loan company will commonly be ok with allowing a destitute borrower get away without […]
Fairfax VA – We recently had a short sale seller say the following was the reason he was short selling his house. “I do not wish to pay $1,000 a month on a home that has lost worth”, he stated. The short sale negotiator noticed that and immediately rejected the Fairfax short sale. The Fairfax […]
Fairfax VA – We have seen quite a few cases where a short sale that really should have been authorized was rejected. If your short sale realtor doesn’t understand what they are doing, then you could possibly get stuck with a promissory note that you don’t deserve. Here is a good illustration of this taking […]
Fairfax, VA – If you’ve recently survived a Fairfax foreclosure, deed-in-lieu of foreclosure, short sale or loan modification, you’re probably feeling pretty beat up and worn-out. It’s an arduous procedure that the financial institutions seem to drag out as much as possible. I wish I could tell you that you’re through with the issues from […]
