What Is A Short Sale?

What Is A Short Sale? Short Sale Solutions

Short Sale Solutions

 

Our very own Marlene Waterhouse was quoted in the article discussing the benefits of a short sale for homeowners on a Realtor.com article!

Click here to take a look!

What Is A Short Sale? Short Sale Solutions

What Is A Short Sale?

Short Sale Solutions

 

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Mortgage Rates Are LOW… But Could They Go Even Lower?

Mortgage Rates Are LOW... But Could They Go Even Lower? Short Sale Solutions

Mortgage Rates Are LOW… But Could They Go Even Lower?

Short Sale Solutions

Freddie Mac announced on Wednesday that the 30-year fixed mortgage rate has fallen all the way down to 3.625 percent plus .5 points.

Even though this is the lowest it has been since April 2013, rates are actually lower than that: “a good loan can be had at 3.625 percent without the fractional point and probably a credit versus closing costs. Some cut-rate vendor might touch 3.50 percent (as of Thursday, February … Read More

Top 6 Things To Know Before Buying A Home!

Top 6 Things To Know Before Buying A Home Short Sale Solutions

Top 6 Things To Know Before Buying A Home

Short Sale Solutions

 

The common misconception about buying a home is that you need to put a lot of money down in order to secure a loan… FALSE! There are many programs available to help you with the down payment! Here is a quick checklist of what to keep in mind when you are thinking about diving into the real estate market as a buyer!

1. Check and Strengthen Your Credit Score

The higher your … Read More

1 Million Foreclosure Filings in 2015

1 Million Foreclosure Filings in 2015 Short Sale Solutions

1 Million Foreclosure Filings in 2015

Short Sale Solutions

 

According to RealtryTrac, at the end of 2015, foreclosure filings had fallen by 62 percent from their peak of over 2.8 million reached in 2010.  Yet in 2015, there were still foreclosure filings – default notices, scheduled auctions and completed foreclosures or bank repossessions, on 1,083,572 U.S. properties.

1 Million Foreclosure Filings in 2015  Short Sale Solutions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: MortgageNewsDaily.com

1 Million Foreclosure Filings in 2015

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Foreclosure Starts Up 12% In October

Foreclosure Starts Up 12% In October Short Sale Solutions

Foreclosure Starts Up 12% In October

Short Sale Solutions

 

 

Foreclosure Starts Up 12% In October

Short Sale Solutions

 

Source: RealtyTrac.comRead More

New Foreclosure Deadlines

New Foreclosure Deadlines Short Sale Solutions

New Foreclosure Deadlines

Short Sale Solutions

We thought it important to share with you a recent change in many lenders’ Short Sale policies that might affect your current file with us as well as any future files.

PLEASE BE AWARE: Some lenders are requiring that short sale packages be submitted NO LESS than 37 days (or more) prior to the foreclosure sale date. If this deadline is not met, then the lenders are refusing to consider the possibility of a short sale and to postpone … Read More

Foreclosure Inventory Remains Double The Pre-Recession Level

1 Million Foreclosure Filings in 2015 Short Sale Solutions

Foreclosure Inventory Remains Double The Pre-Recession Level

Short Sale Solutions

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Source: DSNews.com

Foreclosure Inventory Remains Double The Pre-Recession Level

Short Sale Solutions

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National Delinquency Rate On The Rise For Second Straight Month

National Delinquency Rate On The Rise For Second Straight Month - Short Sale Solutions

National Delinquency Rate On The Rise For Second Straight Month

Short Sale Solutions

 

According to DSNews, the national delinquency rate on residential mortgages rose for the second consecutive month, reaching its highest level in four months, according to Black Knight Financial Services’ “First Look” at Mortgage Data for September 2015 released Friday.

The percentage of delinquent mortgages (loans 30 days or more overdue but not in foreclosure) rose by 1.7 percent over the month in September, reaching 4.87 percent—the highest level since … Read More