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Fixing Credit After A Northeast Ohio Short Sale Step 9: Rinse & Repeat

Northeast Ohio – The next step in your path to an improved credit score is to do what they say on the shampoo bottles: Rinse and Repeat.

Get my Free, Step By Step Loan Modification Guide by clicking here.

In the Rinse and Repeat phase, you just keep working their system.

Here’s what . . . → Read More: Fixing Credit After A Northeast Ohio Short Sale Step 9: Rinse & Repeat

Northeast Ohio Short Sales: Four Specific Examples of Big Bank Negligence

Northeast OH – Here are four specific examples of big bank’s negligence causing a loan owner to lose money.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

Example #1: Not giving buyers an answer on a short sale within one week. Home buyers don’t like to wait . . . → Read More: Northeast Ohio Short Sales: Four Specific Examples of Big Bank Negligence

Northeast Ohio Short Sales: If You Bought At The Market’s Peak, Does It Make Sense To Short Sale Your Home?

Northeast OH – Many homeowners bought their home at the peak of the market. In the hardest hit areas, they paid $500,000 for homes that are not selling for $250,000 (or even less.)

Their home is costing them $4,000 a month. (That is the total after paying property taxes and insurance.) Renters have . . . → Read More: Northeast Ohio Short Sales: If You Bought At The Market’s Peak, Does It Make Sense To Short Sale Your Home?

How Much Debt Can I Erase With A Northeast Ohio Short Sale?

Northeast OH – We often get asked that question. Some people think that since they are walking away from a large upside down mortgage, then the bank won’t approve it.

That usually isn’t true. I wanted to put together a few examples of people the Stop Foreclosure Institute has helped with a short sale.

. . . → Read More: How Much Debt Can I Erase With A Northeast Ohio Short Sale?

Northeast Ohio Short Sales: Why Should I Pay A Mortgage That Is Twice As Much As My Home Is Worth?

Northeast Ohio – The Stop Foreclosure Institute recently received a question from Luis. Here is Luis’s Question.

“I am working on a loan modification on my home. I just don’t want to be upside down and want a fair interest rate. Why should I pay on a mortgage that is twice as much . . . → Read More: Northeast Ohio Short Sales: Why Should I Pay A Mortgage That Is Twice As Much As My Home Is Worth?

Northeast OH Short Sales: I'm Upside Down on My Home. Is a Short Sale an Option?

Northeast OH – The Stop Foreclosure Institute recently received a question from Brent. Here is Brent’s Question.

“If we are not behind on our mortgage but can’t sell our home through a normal sale because we don’t have any equity, can we still qualify for a short sale?

We would like to sell . . . → Read More: Northeast OH Short Sales: I’m Upside Down on My Home. Is a Short Sale an Option?

What's the problem with a robo-signature?

Just today I had a foreclosure canceled for a short sale I have been working on and I hadn’t yet even tried to get it canceled. I hope that what this mess does is breath some sense into the mortgage industry here in the U.S. and create more fair programs for borrowers. . . . → Read More: What’s the problem with a robo-signature?

North Eastern Ohio Luxury Home Short Sale Takes a Long Time To Sell?

One thing I love about luxury home short sales is that they typically sell quickly. However I consider my self a consultant who’s main job is not just to sell my clients home but to actually put my clients in a better situation. . . . → Read More: North Eastern Ohio Luxury Home Short Sale Takes a Long Time To Sell?

Do I qualify for a HAMP loan modification to keep my house?

Looking for some help regarding, foreclosures, modifications, or short sales? Give me a call on my cell phone 216-324-6637. Maybe I can help you or direct you to someone who can.

I got the information on this blog post from the Making H0me Affordable FAQ.

If you can say yes to all . . . → Read More: Do I qualify for a HAMP loan modification to keep my house?

So you are under water?

Feel like this is your house? Short sales do work if you have your expections set correctly!

This article on from the Wall Street Journal appeared on my radar: “So You Are Underwater What Is Next?” It discusses different options for those underwater and mentions the ethical dilemma that those who could . . . → Read More: So you are under water?