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Northeast OH – You may wonder why a sales contract says the seller pays for certain costs and yet the bank covers the costs. Here is how it works. The sales contract may have a certain clause say: “Seller to pay title and seller’s documentary stamp taxes.” How does the bank pay that cost . . . → Read More: Who Pays The Costs In A Northeast OH Short Sale? Northeast OH – On our last blog post, we ran some numbers on why a short sale reduces a lender’s losses by 20% compared to a foreclosure. Today I am going to add all the numbers together. That way we can see exactly how much this lender lost by not accepting the short sale. . . . → Read More: The Final Numbers On How A Northeast OH Short Sale Reduces Losses  Leave a comment  Forclosure options, short sale  21 Months, 411, Avoid Foreclosure, Blog, Business Money, Contact, Discover, E Mail, Feet, Foreclosure, Foreclosure Attorney, Free Consultation, Insurance, Interest Income, Lent, Loan Modification, Losses, Mortgage, Property Taxes, real estate, Short Sale, Stop Foreclosure Northeast OH – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul’s Question. “I am selling my house as a short sale. I am behind on the mortgage payments. Do you think I should still pay my credit cards?” Paul. Discover how other sellers successfully did a short sale to . . . → Read More: Should I Continue Paying My Credit Cards During A Northeast Ohio Short Sale? Leave a comment Cleveland short sales Andy Morris, Avoid Foreclosure, Contact, Credit Card, Credit Cards, Credit Score, Discover, E Mail, Free Consultation, House Sale, Loan Modification, Mortgage Payment, Mortgage Payments, Northeast Ohio, Ohio Loan, People, real estate, Selling House, Stop Foreclosure Bank of America may now be one of the preferred lenders to work with in the Short Sale process. They have been making several big improvements. This is good news if you are in a tough situation and Bank of America is your bank. It is promising news for everyone else too because we . . . → Read More: Bank of America Makes Improvements to Short Sale Process Leave a comment Cleveland short sales Andy Morris, Avoid Foreclosure, Bank America, Bank Of America, Banks, Discover, E Mail, Facing Foreclosure, Fast Track, Faxing, Free Consultation, Great News, Loan Modification, Preferred Lenders, Proactive, Proccess, Process Technology, real estate, Specialist Bank, Technology, Technology Improvements Typical Abandoned Real Estate Northeast OH– The New York Time had an interesting article about one man’s mission in the fight to stop foreclosure. According to the article, Mark Guerette, attempted to make use of all the empty, abandoned houses he saw. I get frustrated when I see homes sitting empty for . . . → Read More: Northeast Ohio Short Sales: Making Use of Abandoned Houses The Wall Street Journal had on article here about Wells Fargo’s loan modification strategy for it’s portfolio of negative amortization “pick a pay” loans which allowed owners to make interest only payments or even less while the balance would grow and while equity has shrunk… especially in this market. Wells Fargo has nearly $107 . . . → Read More: Wells Fargo picks and prays re pick and pays Leave a comment Delay foreclosure, Forclosure options 10 Years, Amortization, Andy Morris, Borrowers, Catastrophe, Fannie Mae, Foreclosure, Guess, Interest Only Loans, Lenders, Loan Modification, Massive Debt, Money, Negative Amortization, Ohio Real Estate, People, real estate, Real Estate Broker, Wall Street, Wall Street Journal, Wells Fargo So if you buy a house for $150,000 house today you may get as much as a 15,000 dollar check back. That is in addition to any savings you… . . . → Read More: Get 15k check as reward for stealing a home in Cleveland Leave a comment Buy foreclosed home, Cleveland foreclosures, Cleveland short sales 0123, assistance, avon, Avon Lake, beachwood, berea, brecksivlle, brecksville, brook park, brunswick, Buy A House, buy foreclosure, Buy House, Buying A Short Sale, Columbia Station, Congress, cuyahoga county, Desk, Distressed Properties, Dollar Check, Enactment, Expert, fairview park, Foreclosed Home, foreclosed homes, foreclosed houses, Foreclosure, foreclosure assistance, Foreclosure Help, Foreclosures, Free Foreclosure Listings, hinkley, independance, Journal Article, lakewood, Lakewood Ohio, Legislation, lorain county, medina, Medina County, Nbsp, Nine Years, north olmsted, north ridgeville oh, North Royalton, ohio, olmsted falls, People, Principle Residence, Purchasing, real estate, real estate tax credit, Reword, rocky river, Senate, seven hills, Short Sale Assistance, short sale homes, Signature, solon, strongsville, Sunset, Tax Credit, Tax Deduction, Taxes, westfield, westlake, Westlake Ohio |
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