Archive for September, 2009

Why Lenders are Willing to Accept a Short Sale

September 23, 2009 | Lenders, Negotiations, Short Sale | 2 Comments

When a Lender has exhausted all measures in their attempt to get the homeowners to make payment and get current on their mortgage, the lender has no other alternative but, to foreclose on the property. For the lender this costs thousands of dollars. The lender will have to pay an attorney to handle ... (read more)

Understanding the Deficiency Judgment

September 5, 2009 | Short Sale | No Comments

A Deficiency Judgment is when a lender sues a homeowner, that has defaulted on their mortgage, for the difference between the mortgage payoff and what the lender was able to receive from the sale of the property. Not all states’ foreclosure laws allow the lenders to sue for a deficiency judgm... (read more)

Beware of Loan Modification Ripoffs!

September 1, 2009 | Loan Modification | No Comments

Unfortunately there are people out there that will take advantage of you when you are down. These lowlifes will prey on you when you are desperate and in need of help. They’ll use your own good nature against you. These so called “Loan Modification” companies will gladly charge ... (read more)

 

About

Helen Conway is a licensed realtor who specializes in pre-foreclosure short sales. During this difficult time in your life you want to put your trust in someone that knows what they are doing with the experience and skills to successfully negotiate your short sale so that you can minimize the damage to your credit, relieve the stress, and move on with your life.