Tag Archives: short sale

A short sale is a real estate negotiation between the home owner and the mortgage bank. Your real estate agent should be one that has had some experience with short sale negotiation with a mortgage bank. With the proper guidance from a short sale specialist real estate agent, you may be able to sell a Continue Reading

If you are looking to short sell your home, a judgement lien may be an obstacle for your real estate agent to negotiate with lien holders on the home to complete the sale. When a short sale is completed, all of the lien holders on the home need to have conditions satisfied in order for Continue Reading

We know you hear a lot about loan modifications and these fantastic programs that will allow you to adjust your home loan terms to make it more affordable for you. These programs are well publicized on the news and reports say that millions will qualify for the assistance. The most important problem we hear from Continue Reading

There is major speculation out there today indicating that a large surge in foreclosures is coming soon. Our research shows that banks are definitely ready to tackle the foreclosure potentials and get them off the books. Below is an article from CNN Money explaining the whole situation. You can read it for yourself at the Continue Reading

Today we would like to help explain the difference between a HELOC and a purchase money 2nd loan as it related to bankruptcy. A HELOC or Home Equity Line of Credit, is a line of credit, similar to a credit card, that was given to you through the equity you have (or had in the Continue Reading

There is enough evidence in the current real estate market to prove that banks are now more comfortable with short sale negotiations with underwater home loans. It is important to note that this does not mean they will stop your foreclosure sale under any conditions. Usually, a bank or mortgage company will need a sufficient Continue Reading

It’s been awhile since we’ve added a new post. We have been extremely busy helping people recover from their financial situations. Our calendars were swamped and we have some very happy clients that we are working with today. Although we’ve been busy, we have plenty of room to help more people. Today, we would like Continue Reading

Foreclosure is a very difficult process to go through especially if the home you are in is a place where you have many memories with your family. When you need more time in your home to prepare to make a change and let your home go, Bankruptcy Law Professionals can help you get that extra Continue Reading

Many clients often wonder if the free bankruptcy consultations are really free. When we offer a free bankruptcy consultation, we really mean FREE. Come in to sit down with us whether you are planning on filing now or at a later date. You need to know all of your rights in a bankruptcy and how Continue Reading