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Why Be Responsible When You Can Get A Bailout?

Northeast OH – Why does a British Bank do a better job than the American Banks?

We have always liked short sales with HSBC. They respond promptly and are easy to work with. The bottom line is that they do a solid, competent job handling short sales and loan modification.

I think the reason . . . → Read More: Why Be Responsible When You Can Get A Bailout?

Wells Fargo or Hells Fargo

LoanSafe.org or posted this video and it is hilarious unless you feel like you are going through Loan Modification hell.

Unfortunately the same scenario of faxing and refaxing  and refaxing and waiting on hold long periods of time only to get a rep in another country who can’t speak English and has no . . . → Read More: Wells Fargo or Hells Fargo

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?

Short sales compared to existing home sales: Chart

This is an interesting chart for any one interested in short sales.  The orange line is represents existing home sales per month since 2007.  The blue line represents the percentage of all distressed properties that are short sales at each point.  Distressed properties are defined as properties with mortgages that are 90 days or . . . → Read More: Short sales compared to existing home sales: Chart