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Category Archives: Loan modifications
Faster Short Sales? It’s Possible!
Former Wachovia & World Savings Loans Faster Short Sale Program!! Thinking of doing a short sale? Was your original mortgage with World Savings or Wachovia? … Continue reading
28,000 Orange County Homeowners Are No Longer Underwater
28,000 Orange County Homeowners Are No Longer Underwater By Jeff Collins of the Orange County Register, March 19th, 2013 “Rising home values pushed nearly 28,000 Orange County homeowners “above water” last year, meaning their homes no longer are worth less … Continue reading
Posted in Bob Phillips, California real estate, CDPE ( Certified Distressed Property Expert.), Distressed properties, Foreclosures, Home Selling, Home Values, Loan modifications, Mortgage Principal Reductions, Mortgage Rates, Orange County California real estate, Refinance, Short sales
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Boomerang buyers making a comeback
Boomerang buyers making a comeback By JEFF COLLINS / ORANGE COUNTY REGISTER Andreea Stucker thought she made a good investment when she bought a Huntington Beach condo with her boyfriend in December 2005. But then she and her boyfriend split up. … Continue reading
Posted in California real estate, CDPE ( Certified Distressed Property Expert.), Distressed properties, Foreclosures, Home buying, Home Selling, Loan modifications, Mortgage Principal Reductions, Orange County California real estate, Refinance, Short sales, South Orange County California
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Why some homeowners are turning down free money
Why some homeowners are turning down free money By Becky Quick of Fortune Magazine, February 15, 2013 Borrowers who are still smarting from the mortgage crisis are passing up some real deals and missing out on real cash. American homeowners … Continue reading
3 Common Myths About Real Estate Short Sales
Many people don’t have a clear understanding of the purpose of short sales or how they actually work. Continue reading
Posted in Bob Phillips, California real estate, CDPE ( Certified Distressed Property Expert.), Distressed properties, Foreclosures, Home Selling, Loan modifications, Orange County California real estate, Short sales, South Orange County California
Tagged Credit Reporting, Personal Finance, Short Sale
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Obama Urges Passage of New Refinance Bill
Obama Urges Passage of New Refinance Bill By Colin Robertson from TheTruthAboutMortgage.com, February 13, 2013 “If you happened to catch last night’s State of the Union speech, you may have noticed (between the incessant clapping) President Obama’s mention of a bill that … Continue reading
Foreclosures Prevented with 850K Mods, 422K Short Sales in 2012
Foreclosures Prevented with 850K Mods, 422K Short Sales in 2012 From Esther Cho, of DSNews.com, 2/11/2013 For all of 2012, servicers completed more than 850,000 loan modifications, while the industry also continued to push for another foreclosure alternative—short sales, according … Continue reading
Mortgage Debt Forgiveness Act Extended for 1 Year!
“Mortgage Debt Forgiveness Act Extended for 1 Year! JANUARY 1ST, 2013 BY SCOTT SCHANG of Broadview Mortgage TOPICS: HOME MORTGAGE NEWS January 1st, 2013: Senate overwhelmingly passed H.R. 8 with the House approving it less than 24 hours later by a much lower … Continue reading
Is the Strain of Foreclosure Crushing You? You have options!
A lot has changed since you bought your home. If you or someone you know are among the thousands of homeowners who are falling further behind every month because of an unmanageable mortgage payment, then that weight may feel unbearable. … Continue reading
HARP 2.0 refinancing made big difference: Capital Economics
From today’s HousingWire.com, by Kerry Panchuk: While a full housing recovery has yet to be reached, Paul Ashworth, an economist with Capital Economics, notes that HARP 2.0 – launched in 2012 – opened up more refinancing opportunities for underwater borrowers, delivering … Continue reading