- Foreclosure Help
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Topic: Short Sale
By Paul M. J. Suchecki
Tags: deed in lieu of foreclosure, Obama Homeowner Affordability and Stability Plan, Short Sale, ...
No CommentsAs of April 5th, the Obama Administration is adding a new Home Affordable Foreclosure Alternatives, HAFA, to its efforts to allow borrowers to avoid foreclosure through short sales or a deed-in-lieu of foreclosure option.
Today you can not only see your home from the air on Google Earth, but you can find out roughly how much it is worth. The two biggest free websites that offer this service are Zillow with 90 million homes listed and Cyberhomes now up to 76 million.
Knowing the estimated current market value of your [...]
Under new guidelines, mortgage lenders would be eligible for government incentives if they allow borrowers to sell their homes at a loss. These short sales are less costly and time consuming compared to foreclosures.
Although the main thrust of the Obama Affordability Plan is to keep homeowners in their homes, this change is a recognition that [...]
Deficiency Judgment Nationwide Mortgage Licensing System personal finance Default credit cards mortgage fraud Jumbo Loan Short-Fi Loan Default Short Sale second mortgage Conforming Loan Loss Mitigation bankruptcy Uncategorized mortgage Loan to Value first time home buyer tax credit unemployment Upside Down Real Life Stories Obama Financial Reform Obama Housing Plan Refinance Falling Home Value Lenders home value Mortgage Revision Credit economic news Loan Modification Foreclosure Help
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