Basic Steps for a Short Sale Transaction It’s highly suggested that you work with a real estate professional who specializes in short sales and is well qualified to help you with these steps: 1. Complete a property valuation analysis –lenders will only approve a short sale if the borrower owes more than the property’s fair market value. 2. Contact the lender for a short sale Continue Reading
Archives for June 2012
Looking for Father’s Day Gift Ideas?
What to get for the dad who has it all? Here are some unique gift ideas to help you shoppers hunt for this Sunday's Father's Day celebration (Sunday, June 17,2012) : Tickets to a sporting event. If your father doesn't live in the area, have food delivered from his favorite restaurant. Invite him over for a BBQ in his honor & grill up some ribs/steaks. Kindle Fire Gift Certificate Continue Reading
Do You Qualify for a Short Sale on Your Home?
In the short sale process, you sell your home and settle your mortgage debt for less than the amount owed. You may be eligible to sell your home in a short sale if: • You have a hardship, such as a job loss, divorce or medical emergency • You owe more on the mortgage than your house is worth • You’re unable to afford your current monthly mortgage payment • You’re unable to Continue Reading
What is a HAFA Short Sale?
HAFA (Home Affordable Foreclosure Alternative) is a federal government program designed for homeowners who can no longer afford their mortgage payments and wish to avoid the negative impacts of foreclosure when home retention is not an option. Under HAFA, a homeowner can exit home ownership gracefully and without the liability associated with their mortgage debt. The Benefits of a HAFA Short Continue Reading
Short Sales Explained
Understanding the Short Sale Transaction A “short sale” is a real estate transaction in which a home seller’s mortgage lender agrees to accept a payoff that is less than the amount owed on the mortgage. When homeowners find themselves with a serious financial hardship, and owe more on the mortgage than the home is worth, a short sale may be a way to avoid foreclosure by Continue Reading
Financing Available for Canadian Buyers Wanting Homes in Arizona
Now Offering Canadian Investor FinancingCanadian Buyer? imortgage offers a full spectrum of financing for our Canadian neighbors. Investors:40% Down $500,000 Max Loan Amount No Income VerificationNo Credit CheckedOnly Assets Verified Vacation Homes: 30% Down $417,000 Max Loan Amount No US Credit Needed Fixed rate loan with standard conforming rates Call me for more Details! (602) Continue Reading
