Foreclosure Options Blogs & Blog Posts
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Latest Blog Posts on foreclosure options
- Newest Federal Program to Help Avoid Foreclosure by Picture Perfect San Diego on Nov 6, 2009
The newest program in the Federal arsenal to help homeowners who are facing foreclosure is called the Deed for Lease program. Created by Fannie Mae, this program will allow homeowners to essentially become tenants in their homes for 12 month periods...
- Short Sales May Finally Get Shorter by Picture Perfect San Diego on Nov 4, 2009
The dreaded short sale…you find a property at a great price, make an offfer, and wait. Many times the bank takes months to respond, creating frustration among buyers, sellers and agents. I personally groan when I pull up properties for clients...
- Short Sale Hell-? by Picture Perfect San Diego on Aug 4, 2009
What seems to be the problem with short sales these days? It seems that they are getting harder rather than easier. Over the last several days I have spoken with numerous agents who have short sale listings. The general consensus is that the lenders...
- Possible New Source for Mortgage Help by Picture Perfect San Diego on Jun 24, 2009
Struggling homeowners may be able to get help from a new, rather surprising source–their private mortgage insurance company. Mortgage insurance is not the same as homeowners insurance. It is a type of protection for lenders in the case of loan...
- Short Sales May Soon Get Easier by Picture Perfect San Diego on Jun 7, 2009
If you have sold your home through a short sale or are contemplating doing so, or if you are an agent with experience selling short sales, you know how difficult they can be. The main problem is getting the lender to accept the offer. Often this is a...
- Another Change in Laws to Help Struggling Homeowners by Picture Perfect San Diego on May 23, 2009
This past week the Obama administration signed into law changes to the current Help for Homeowners Program (H4H) in order to actually help more homeowners. The H4H program meant well but was not in fact assisting anyone (there was only ONE documented...
- Going…Going…Gone!!! Let’s Discuss Downtown’s Condo Inventory by Picture Perfect San Diego on May 21, 2009
So, have you said to yourself…”I’m thinking of buying a downtown condo”? WAIT NO LONGER !!! New home inventory may not be available much longer as no new building permits have been issued and are not expected to be issued fo...
