Can You Modify a THDA Loan?
This week I got a call for a very nice lady who had gone though all the steps to modify her loan but because it was a THDA loan the bank was unable to help her. Though she was justifiably upset, there are some things you need to understand about a THDA loan that can [...]
What Do You Do When Home Modification Doesn’t Work?
When a home modification doesn’t work many people think that the next step is foreclosure but that is not the way to go is you can avoid it. There are more and more Realtors who are specializing in distressed properties and short sales these days than ever before. However, you need to be very careful [...]
BoA Makes Mistake & Forecloses on Wrong Home
Every once in a while I come across a story that makes me smile. Though I feel terrible for the lady that has had to go through this ordeal, I hope she sticks it to BoA for all the other people out here that have been treated so badly by this large and seemingly unrestricted [...]
Where to Find HUD Foreclosures
I recently met with a friend of mine who wants to start looking for a HUD foreclosure, which is a home that HUD (US Department of Housing and Urban Development) now owns due to foreclosure. My friend told me she has seen many websites that let you join free for a week or so and [...]
Beware the Short Sale
I know, short sales can be a great thing for the buyer who is smart and can wait out the bank and the seller to get a great deal. I get it. However, I have run into more than several people of late who have been convinced by short sale companies that in just [...]
For Every Negative There is a Positive
What most of us have heard of and the news has certainly reported over and over again is the fact that there are, and have been recently, a historical amount of foreclosures happening in this country. That is not in question. However, what we have not heard about is the great opportunity for buyers [...]