Are you thinking to yourself “Can I buy a home after my foreclosure?” It is not impossible to buy a home after a devastating financial event. In fact, people who have cleaned up their credit and are financially sound and qualified to get a mortgage can buy a home as soon as they have surpassed a prescribed waiting period after the bankruptcy, foreclosure or short sale
With three weeks before her auction date, we quickly got the home on the market and started looking for a buyer. Then I called the bank and found out the bad news. Her bank would not look at any offers or postpone the auction with less than 15 days on the clock. If she had called me sooner we could have prevented the foreclosure and kept that off her credit record, which will make buying a home in the future much easier!
Banks Lie About Helping Borrowers! Recently a local Snohomish area family that I have been working with to sell their home found out that their bank had been lying to us for months about accepting a deed in lieu of foreclosure if we couldn’t find a buyer for their home. For the past several months, [...]
Most home owners in the Seattle area are in a short sale situation. Meaning of course that if they sell their home now, it will not sell for enough to cover what is owed to the bank. There is a lot of debate whether it is better to let a home go into foreclosure, short [...]
Find out if you are eligible for a home loan modification or refiance by vistiting the Home Affordable Refinance Program website.
I want to shout that to everyone across country! A recent study has shown that a stunning 70% of homeowners that are behind on their mortgage never seek any outside help in dealing with the problem. Homeowners need to realize that the banks don’t want to foreclose on their homes and are generally willing to [...]
Fannie Mae has announced a temporary hold on evictions and foreclosures pending announcement of a Federal national foreclosure prevention and loan modification program.
I am preparing to write a book on short sales and would like input as to what questions and concerns homeowners have. Please drop by and leave your comments and questions!
Have you been looking for Short Sale Home Listings in Washington State and are getting frustrated because you aren’t finding a good list of properties, I am not surprised. For the most part, short sale properties are listed in the MLS just like any other home, and are supposed to be marked as being in [...]
© Jacquie Cliff – Professional Seattle Area Real Estate Broker with Champions Real Estate Services
