by countyproperties | Jan 1, 2010 | Finance, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
National bank and thrift servicers implemented more than 680,000 home loan modifications and payment plans in the third quarter of 2009, a 69 percent increase compared with the second quarter, according to a report released by the Office of the Comptroller of the...
by countyproperties | Dec 10, 2009 | Finance, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
Are any of these making you toss and turn at night, affecting your everyday life? We have a streamline, easy way to help you thru these troubling times. Mortgage Payment Adjusting Up Income Going Down Home is worth less than your current mortgage Trouble with Bills /...
by countyproperties | Dec 10, 2009 | Finance, Real Estate news, Riverside foreclosure news, Riverside Short Sales, San Diego Foreclosure news, San Diego Short Sales
The U.S. Dept. of the Treasury last week announced the Home Affordable Foreclosure Alternatives Program (HAFA), which provides financial incentives to servicers/lenders, borrowers, and investors for a closed short sale or a deed-in-lieu (DIL). Program goes into effect...
by countyproperties | Nov 13, 2009 | Finance, Riverside foreclosure news, Riverside Short Sales, San Diego Foreclosure news, San Diego Short Sales
“¢ Industry estimates find that half of all homeowners who lose their homes to foreclosure have no contact with their loan servicers. Homeowners at risk of default or those who already are behind on mortgage payments are advised to contact their...
by countyproperties | Nov 7, 2009 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
Some homeowners underwater on their houses–who owe more on their mortgages than their homes are worth–wonder what would happen if they were to stop paying their mortgages. When lenders do not receive payments, the first action taken by the lender is to...
by countyproperties | Nov 7, 2009 | Finance, Riverside foreclosure news, Riverside Short Sales, San Diego Foreclosure news, San Diego Short Sales
Q 1. What is a “preforeclosure sale” is that the same as a short sale? A”A preforeclosure sale involves the sale of the property by the borrower to a third party for less than the amount owed to satify the delinquent mortgage, as agreed to by the...
