by Leila Mortaz | Jul 12, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
Filing for bankruptcy has been used by some home owners to postpone the inevitable decision on their underwater mortgages! But according to a friend at the Short Sale division of a major bank, these bankruptcies have now been discharged and these home owners are...
by Leila Mortaz | Jul 12, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Recently Wells Fargo joined the ranks of other banks such as Bank of America and Chase Home Mortgage who were offering $20-$30,000 of relocation funds when a home owner participated in a Short Sale. If you have World Savings or Wachovia Home Mortgage then you might...
by Leila Mortaz | Jul 11, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Not to be outdone by Bank of America, Chase and other who are offering $20-$30,000 of relocation money for Home Owners who participate in Short Sale, Wells Fargo Home Mortgage has also started a program to offer a relocation incentive as well. But don’t expect...
by Leila Mortaz | Jul 11, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
A 3rd party authorization is a one page document that authorizes the bank to discuss a Home Owner’s loan details with the person identified in this document. Home Owners typically name their San Jose Short Sale Agent or Broker in this document since they will...
by Leila Mortaz | Jul 9, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
To qualify your San Jose home for a Short Sale and have a Short Sale Process started by your lender; you will need to prove Financial Hardship. But before you start any Short Sale process, you should contact the US Department of Housing and Urban Development (HUD)...
by Leila Mortaz | Jul 6, 2013 | Home Buyer Tips, Home Seller Tips, Short Sale Expert Advice, Short Sales
Consumer Finance Protection Bureau (CFPB) was the agency established in 2010 as part of the Financial Reform law enacted to after the Banking collapse of 2008 to offer consumers some help from the abusive practices of lenders and loan servicing companies. CFPB...
