by Leila Mortaz | Aug 29, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Before you sign the dotted line on the purchase contract of a Short Sale, you should make sure you are not wasting your time and energy on a home that might be heading to foreclosure in a few weeks ! Short Sales are complicated transactions that require a lot of...
by Leila Mortaz | Aug 29, 2013 | Home Buyer Tips, Home Seller Tips
During the past 6 years of marketing Bank-Owned properties, we learned to only accept offers from pre-approved buyers. But to this day, there is a lot of confusion about what is a pre-approved buyer! In fact most buyers are confused about the difference between a...
by Leila Mortaz | Aug 28, 2013 | Home Seller Tips
We have written extensively about the Relocation Assistance offered by major lenders such as Bank of America, Chase and Wells Fargo. But now there is a another federally funded program called Transition Assistance Program which is designed to help eligible home...
by Leila Mortaz | Aug 28, 2013 | Home Seller Tips, REOs, Short Sales
Transition Assistance Program is designed to help eligible home homeowners with Short Sale or Deed-in-Lieu programs. The program offers a one time fee of up to $5,000 per hour hold that can be used to relocation assistance. Funds are intended to help home owners...
by Leila Mortaz | Aug 28, 2013 | Home Seller Tips, Short Sales
This is a program intended to reduce the outstanding balance of the mortgage for qualifying properties that have negative equity and help prevent foreclosures.The federally funded program was developed to help homeowners who have suffered financial hardship. With the...
by Leila Mortaz | Aug 28, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
Principal Reduction Program is a federally funded program develop to help homeowners who have suffered financial hardship. The program is intended to reduce the outstanding balance of the mortgage for qualifying properties that have negative equity.Principal...
