Short Sale News

Most (hopefully all) homeowners know that losing your home to foreclosure isn’t really the best thing to happen to you, even if it’s out of your control. But why is this? What impact does a foreclosure have on a person? According to San Diego short sale specialists, there are a...

If you are currently in the middle of the foreclosure process and have a pending auction date, you may be wishing that you had done something about your difficult financial situation a little bit sooner. Maybe you think it’s too late and that you’ve run out of time to utilize...

According to Denver short sale experts, the Federal Housing Financing Agency has recently announced some changes in short sales that involve active duty military personnel. The Federal Housing Financing Agency has decided that if you are active duty in the military and receive orders for a permanent change of station...

Are you seeking the help of a short sale realtor in Denver because you are curious if Chase Bank will allow a short sale on your home? Maybe you have heard a few things through the grapevine about monetary incentives and short sales with Chase and you’re wondering whether or...

It’s been in the news recently that GMAC has filed Chapter 11 bankruptcy and many Las Vegas homeowners that are considering a short sale or are in the process of one are wondering how this is going to affect them. One would think that a lender filing for bankruptcy would...

One of the most difficult situations in which short sale specialists have to do a short sale is when a couple is going through a divorce. Although this is actually quite common, when the couple involved aren’t on the best of terms and want to sell their property, it can...

Sometimes homeowners in the San Diego area worry about how much a missed mortgage payment (or payments) will affect their credit score and their ability to do a successful short sale on their home. In talking with local short sale realtors, they would like to reassure distressed homeowners that worrying...

Did you know that after you do a short sale on your property, you are unable to purchase a home again for two to three years? Many homeowners often worry about where they’re going to live and if they will have trouble finding a new home. Knowing what happens after...

When a homeowner is struggling financially and becomes unable to pay their mortgage, it can be hard for them to accept the fact that their financial situation has taken a turn for the worst. In a perfect world, they would pick up the phone, call a short sale specialist right...

Short sale experts in Denver have some exciting news to share: Freddie Mac and Fannie Mae have decided to shorten their short sale response times. Freddie Mac and Fannie Mae are the two largest investors of home loans in the United States, so this will have an impact on quite...