Category Archives: Chase Short Sales

Short Sales vs Foreclosures on a Credit Report

Posted on July 29, 2013 by tomo92596

It may surprise you to know that a short sale will typically appear no different on a credit report than a foreclosure. For someone looking to qualify for a home loan, this can be a major issue. It looks like … Continue reading →

Posted in Chase Short Sales, Credit Challenges, Foreclosure, Short Sales | Tagged , , , , , , , , | Leave a comment

Fitch: High Rate of Unsuccessful Mods Threatens Asset Quality

Posted on April 8, 2013 by tomo92596

Servicers continue to make strides in home retention efforts, completing more than 360,000 retention actions in the fourth quarter of 2012, according to a report from Office of the Comptroller of the Currency  (OCC). However, Fitch Ratings detects continued “weak … Continue reading →

Posted in Chase Short Sales, Credit Challenges, HAMP, HARP, Loan Modifications, Making Home afforable Program | Tagged , , , , , | Leave a comment

How To Choose A Short Sale Realtor in Temecula California.

Posted on March 5, 2013 by tomo92596

Have you ever found yourself in a bit of a financial rut? You may understand that you might be headed for foreclosure. If you think you are just about out of choices, a short sale may be in your best … Continue reading →

Posted in Chase Short Sales, Credit Challenges, Fannie Mae, Foreclosure, Freddie Mac, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Pre Foreclosure, Short Sales, Wells Fargo Short Sales | Tagged , , , , , , , , , | Leave a comment

Short Sale – Lease Back Option

Posted on February 18, 2013 by tomo92596

Short Sale Lease Back Program Homeowners facing a foreclosure may now be able to lease back and in some lender approved situations buy back their home after a short sale.  A newly launched program provides another option for homeowners who can’t afford their … Continue reading →

Posted in Chase Short Sales, Citi Mortgage Short Sales, Credit Challenges, Foreclosure, HAFA Short Sales, HAFA Updates, Pre Foreclosure, Short Sale Lease back, Short Sales | Tagged , , , , , , , , | Leave a comment

New California Law Requires Disclosure of Foreclosure to Tenants

Posted on January 11, 2013 by tomo92596

For Investors and Rental Property Owners As of  January 1, 2013, property managers and landlords in California are required to  disclose in writing to any prospective tenants if a notice of default has been  recorded against the property. The law applies to rentals … Continue reading →

Posted in Chase Short Sales, Credit Challenges, Foreclosure, Pre Foreclosure, Short Sales, Short Sales and Rental Property | Tagged , , , , , , | Leave a comment

Mortgage debt relief law extended through 2013

Posted on January 2, 2013 by tomo92596

Mortgage Debt Forgiveness extended Late last night, Congress reached a settlement in the “fiscal cliff” negotiations.  As a result, the Mortgage Forgiveness Debt Relief Act has been extended for another year.  The measure will continue to exempt from taxation mortgage … Continue reading →

Posted in Bank of America Short Sales, Chase Short Sales, Citi Mortgage Short Sales, GMAC Short Sales, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Short Sales | Tagged , , , , , , , , , | Leave a comment

Are you entitled to a piece of the 25 Billion $$$ pie?

Posted on October 2, 2012 by tomo92596

Attention all homeowners, are you entitled to a piece of the $25B pie? Check out this video. Some of my clients have already received offers to reduce their loan principal by 50%. Let’s talk… Click here for more information on … Continue reading →

Posted in Bank of America Short Sales, Chase Short Sales, Citi Mortgage Short Sales, GMAC Short Sales, Short Sales, Uncategorized, Wells Fargo Short Sales | Tagged , , , , , , | Leave a comment