South Tampa Realtor
Best Way to Respond to a Lis Pendens Foreclosure: If you want to explore the option of selling your home as a short sale to avoid foreclosure, you’ll want to respond to the foreclosure filing as soon as possible. Follow the instructions so you respond within the allowed time frame, and keep a record of all […]
This is a guest blog post by Charles R. Gallagher III, Esquire Don’t expect the bank to stop the foreclosure lawsuit because you have applied for a modification. For those in foreclosure, a loan modification often appears to be a safe way out of trouble. Loan Modifications can lower payments, interest or […]
We just got out of a meeting with our Real Estate Attorney. He indicated that in the Tampa Bay Real estate market, short sales are becoming increasingly difficult. The banks are foreclosing on properties instead of proceeding with short sales. Short Sales are now taking up to 8 months to respond to offers. Maybe this […]
HAFA Stands For: Home Affordable Foreclosure Alternatives Program The HAFA program took effect on April 5, 2010—although some servicers may implement it sooner, if they meet certain requirement–and sunsets on December 31, 2012. Home Affordable Foreclosures Alternatives Program: Guidelines and Forms HAFA provides incentives in connection with a short sale or a deed-in-lieu of foreclosure […]
Looks like there’s some good news for people who are at risk for foreclosure. If your loan is through Citigroup you may want to contact them for more information on how you can take advantage of this program. Citigroup plans to rescue 500,000 homeowners On the heels of JPMorgan Chase & Co.’s loan modification […]
