$4.5 Billion on Delinquent Debt ready to Hit the Market

Three of the nation’s largest mortgage lenders have put sizable packages of nonperforming and reperforming mortgage loans on the  market for investors to buy, according to New York Mission Capital Advisors. Bank of America has put up approximately $2.56 billion worth of delinquent debt for sale, including nonperforming loans, reperforming mortgages (those in which the borrower was 90 days orContinueContinue reading “$4.5 Billion on Delinquent Debt ready to Hit the Market”

Banks Provide Cash Incentives for Homeowner’s (Spanish)

Banks Provide Cash Incentives for Homeowner’s http://www.youtube.com/watch?v=YTlfugI_2bc

More Help For Homeowner’s Who Are Having Difficulties With Their Mortgage Payments

More Help For Homeowner’s Who Are Having Difficulties With Their Mortgage Payments By Sandy Flores Special to Excelsior Many homeowners facing financial hardship are struggling to keep their property, but need help to maintain and continue with their mortgage payments. Month face this same situation and suddenly affected by the inability to make a payment andContinueContinue reading “More Help For Homeowner’s Who Are Having Difficulties With Their Mortgage Payments”

Title Insurance on a Property

Title Insurance on a Property  By Sandy Flores Why is there a need for Title Insurance on a property? Title insurance is protection for the buyer of a home. The purchase of a home is one of the most important achievements that an individual will ever complete and one of the largest investments that shouldContinueContinue reading “Title Insurance on a Property”

The Process of a Loan Modification

The Process of Loan Modification By Sandy Flores Many homeowners facing financial hardship are struggling to keep their property. They need help to maintain and continue payments on their mortgages.  Keep in mind that this does not have to be like that and if you are in a difficult financial situation, the first thing youContinueContinue reading “The Process of a Loan Modification”

Consider a Short Sale

Do You Qualify for a Loan Modification? By Sandy Flores  If you have made ​​many attempts to get a loan modification and did not reach any reasonable agreement that suits you, or perhaps modifying the process is just simply not for you, you have the option to qualify for a short sale , and thus avoidContinueContinue reading “Consider a Short Sale”

5 Options If You Have Been Denied a Loan Modification

5 Options if You Have Been Denied a Loan Modification By Sandy Flores Many homeowners who are facing very difficult financial situations, have options to avoid foreclosure. Here are some of the most common: Repayment plan,  “Forbearence”. Under this option, with approval from your lender, it may allow you to reduce or suspend payments for a shortContinueContinue reading “5 Options If You Have Been Denied a Loan Modification”