In less than an hour we’ll have the housing numbers for the month of July. Experts predict continuing weakness but we don’t know if they will match the dismal levels of June’s resale numbers
It’s the late payments that dramatically affect your credit report, not the short sale.
I found this very informative article that deals with how BofA seems to be able to take actions that are contradictory to the spirit if not the letter of the new Short Sale guidelines. As Julie Jalone explains the bank is now incorporating collection measures into the actual “short sale” process. As you can imagine [...]
Washington, January 5, 2010 - Pending home sales pulled back in November marking the first time in nine months that the index failed to post gains.
Experts had anticipated a correction to 111.8 however the index declined below the expected number to pull down 16% from the from dOctober’s revised reading of 114.3.
The Northeast and Midwest [...]
New guidelines to facilitate Short Sales
Oct 24 2009 Co-op and condo short sale list for Hoboken and Down Town Jersey city Jersey city
There is no excerpt because this is a protected post.
New York State Attorney General Andrew Cuomo issued subpeanas for 14 loan modification firms
When deciding the best option for you (Foreclosure vs. Short Sale) there are things that should be considered:
1. Do I plan on purchasing a new home in the future? (You may qualify for a new mortgage as soon as 2-years from the settlement of a short sale…Foreclosure is much longer and is harder on your [...]
By DAVID SHAROS For The Sun
