Are you considering a Loan Modification?

If you are one of the many homeowners struggling to make your mortgage payments and considering trying for a loan modification, don’t get your hopes up.  To date, only approximately 31,000 homeowners have actually successfully completed a loan modification.  That is only 4% of the actual amount of people who have done the paperwork and [...]

Short Sale Process May Be Improving

The current way lenders handle short sales is very inefficient and frustrating for everyone involved in the process.  It is very obvious to me, as a Realtor, that something needs to change.  The short sale negotiation process currently takes anywhere from 90 to 180 plus days, during which time the house sits vacant and deteriorating.  [...]

Tags: borrowers, buyers, foreclosure, sellers, short sale