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An Advanced Understanding of the Dayton Ohio Foreclosure and Short Sale Process

The Dayton Ohio Foreclosure and Short Sale Process can often be confusing and hard to understand. This article is intended to offer an in debth understanding of how Short Sale and Foreclosure process...

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A new refinance option called Home Affordable Refinance Program HARP

So you have heard of the government loan modification to assist homeowners in avoiding foreclosure, but what about someone who is current and wants to refinance and may not qualify for the HAMP...

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What are the Differences between a Dayton Ohio Short Sale, Deed in Lieu,...

If you or someone you know in Dayton, Ohio is behind on payments and facing foreclosure, it’s important to understand what Short Sales are, Deed in Lieu, Loan Modifications and Foreclosure itself. Each...

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Staying in tune with changes to the HAFA and HAMP Guidelines Part 1 New...

Home Affordable Foreclosure Alternatives (HAFA program) –NEW Policy Update In this article we will review some of the updates applied to the HAFA program, we will be highlighting these two sections....

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What are the most problematic issues with short sales?

If you are working with buyers and lenders on a short sale, there may be some lender imposed conditions that you may find troublesome, but any deviation from you following the terms of the estoppels...

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Survey Reveals Consumer Confusion about Mortgage Process

More than two-thirds of Americans (70.6 percent) believe access to affordable mortgages is a serious problem, according to a new survey by MortgageMatch.com. Respondents also say that the most...

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The Boondoggle that is HAMP – thanks for the help DC

The beat goes on….all of the “special committees”, the federal involvement in FNMA, the “investigations” and “inquiries” into fraud and time bomb loans… and the hundreds of millions of dollars (or...

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Loan Modifications: Are They Real?

I was discussing the current state of the mortgage and real estate market last week with someone when the topic of loan modification came up. The person asked: Are loan modifications real? And I...

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Mitt Romney Says Foreclosure Market Needs to “Hit the Bottom”; Is He Right?

Presidential candidates are expected to have a detailed, informed, and up-to-date opinion on everything. Sometimes they fail spectacularly to meet this expectation, but often times they display an...

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Phoenix Mortgage Refinance Relief Program for Underwater Mortgages

The much anticipated details of the new Home Affordable Refinance Program (HARP) rules have been released – NOW WHAT??   If you haven’t heard, HARP is designed to help Phoenix home owners with...

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Streamlined Loan Modifications

The Federal Housing Finance Agency announced a simplified loan modification initiative that is intended to help troubled borrowers avoid foreclosure and stay in their homes.  Beginning July 1, 2013,...

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