How to buy a Foreclosure Short Sales property?

Foreclosure short sales happen when a property’s value decreases below mortgage amount and the home owner is unable to pay their mortgage payments making them liable to face foreclosure. The seller enters into a contract to sell the property at an amount less than balance mortgage value and lender may agree to forgive the balance [...]

Wells Fargo Loan Modification In 7 Days!

For those of you who have a Wells Fargo loan modification, there is some good news. There is a new program that can get your loan modified in 7 days or less.
This program works from the time that you are approved, assuming that you get approved.
For it to work, you have to submit [...]

Understanding the Basics of Short Sale Foreclosure

Short sale foreclosure involves two types of real estate techniques. The first involves real estate that has been repossessed by the mortgage lender. These properties are also referred to as bank owned or real estate owned (REO).
The second type of short sale foreclosure references property which is still in the borrower’s possession, but on the [...]