Doing nothing and/or ignoring the lender Not talking to loss mitigation, and only to the collection department Not researching options besides a foreclosure Paying for a foreclosure prevention service Not being persistent or thinking creatively Leaving your property www.210days.com Matt Putnick, ABR – Gibson & James, Properties Inc. – Matt@GibsonandJames.com, Direct: 847.910.5449
Recently I launched a brand new website to help homeowners that are struggling to keep up with there mortgage payments. The purpose of the website is to inform Chicagoland residents on the alternatives to foreclosure. Check out all the great information at: www.210days.com
We have all been inundated with the notion that Foreclosures are spinning out of control. Are foreclosures up – YES there is no denying it, BUT… As of October 1, 2007 only 2.95% of mortgages were labeled as seriously delinquent. Serious delinquent means that a loan has not been paid in 90 days (roughly 3 months) [...]
A short sale occurs when a current homeowner is in foreclosure by his/her mortgage company and the homeowner/seller asks the lender(s) to accept less money than is owed on the loan(s) in order to facilitate a sale of the house. This approach is used instead of going into foreclosure and is sometimes referred to as [...]
Whether you are looking to buy, sell, or are invest in real estate it is important to know what is important to today’s buyers. Below are the top 6 features that are most important to buyers when considering a home to purchase. Central Air Conditioning Oversized Garage (2 or more spaces) Walk-in Closet (in Master Bedroom) Access to Technology [...]
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