Tag Archives: Temecula or Murrieta Short Sales

Are Short Sales Dead?

Posted on May 11, 2017 by tomo92596

I’ve been hearing throughout the industry that short sales are dead and lenders are not giving approvals. I’m not seeing that necessarily as I just received a Wells Fargo short sale approval. Just in the past there has to be … Continue reading →

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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

Buying A Home After A Short Sale

Posted on July 26, 2013 by tomo92596

Riverside County homeowners are feeling a lot better today.  Point your ear out your front door and listen: you may hear a sigh of relief!  Prices are rising – like crazy in some places – and fewer homeowners are upside … Continue reading →

Posted in Buying a home after a short sale., Credit Challenges, Foreclosure, Making Home afforable Program, Pre Foreclosure, Short Sales | Tagged , , , , , , , | Leave a comment

Bank of America Exposed.

Posted on June 17, 2013 by tomo92596

Bank of America has recently been exposed by a former worker. After years of being stalled by Bank of America about lost faxes, and being told the short is being reviewed the truth comes out. Bank of America and other servicers get … Continue reading →

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Status of Short Sales?

Posted on March 19, 2013 by tomo92596

Unfortunately short sales are not going to be going away anytime soon. Some of the data that supports this in California. As of today California is tied as the state with the highest unemployment. Until people can afford a mortgage … Continue reading →

Posted in Foreclosure, HAFA Updates, Loan Modifications, Making Home afforable Program, Pre Foreclosure, Short Sale Buy Back, Short Sale Lease back, 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

Good News From Wells Fargo for Short Sale Processing.

Posted on February 14, 2013 by tomo92596

We have received some good news from Wells Fargo with regards to short sale processing. They will be simplfying the qualification process for Temecula and Murrieta Homeowners who need to sell their home via a short sale. Your Voices have … Continue reading →

Posted in Credit Challenges, Pre Foreclosure, Short Sales, Wells Fargo Short Sales | Tagged , , , , , , , , , | Leave a comment

Bank of America Cooperative Short Sale Program Update

Posted on January 21, 2013 by tomo92596

The Bank of America Cooperative Short Sale Program may be able to help you complete a short sale if you owe more on your mortgage than your Temecula, Murrieta, Menifee or Hemet home is worth and do not qualify for the Home Affordable Foreclosure Alternatives … Continue reading →

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Fannie Mae and Freddie Mac updates

Posted on January 21, 2013 by tomo92596

Fannie Mae and Freddie Mac announced changes to their servicing requirements for short sales. Please be aware of the following key changes for all parties involved in a short sale. These changes apply to all Fannie Mae and Freddie Mac short sales, … Continue reading →

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CitiMortgage to Launch Home Rental Program as Foreclosure Alternative

Posted on January 11, 2013 by tomo92596

CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to foreclosure and allow eligible borrowers to stay in their homes. The Home Rental Program will be managed by Carrington Capital Management, LLC and … Continue reading →

Posted in Citi Mortgage Short Sales, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Short Sales | Tagged , , , , , , , , | Leave a comment