With President Obama’s new program, HAFA, those in foreclosure may have a better alternative through government subsidized short selling. Home Affordable Foreclosure Alternatives (HAFA) allows those facing foreclosure to take the better alternative of a short sale. Because a foreclosure will affect your credit in a very negative way, seeking a short sale offers the … Continue reading The New HAFA Program May Help Those Facing Foreclosure
Wasilla AK Short Sales
The New HAFA Program May Help Those Facing Foreclosure
Posted in Wasilla AK Short Sales Tagged hafa program in wasilla ak, real estate news in wasilla ak, short sales in wasilla ak, Wasilla AK Foreclosures, Wasilla AK real estate news, Wasilla AK Short Sales Comments closed
Part I Foreclosure vs. Short Sale: How will it affect the Homeowner?
If you are wondering whether you should opt for a short sale or foreclosure, take a look at the differences in how each will affect you as the homeowner with the following issues: Security Clearances. A successful short sale does not challenge most security clearances. A foreclosure, however, is the most challenging issue against a … Continue reading Part I Foreclosure vs. Short Sale: How will it affect the Homeowner?
What Exactly is an REO Property?
What is REO property? REO (real estate owned) is property which has been taken back by the lender. REO properties typically sell for less than comparable real estate listings as the lender usually wants to recoup the value of the loan which is traditionally less than the value of the property. The differences between REO … Continue reading What Exactly is an REO Property?
Also posted in AK Real Estate Buyer and Seller Tips, Wasilla AK Foreclosure, Wasilla AK Real Estate Tagged Mat-Su AK homes, Mat-Su AK property, Mat-Su AK real estate, Wasilla AK Foreclosures, Wasilla AK Homes, Wasilla AK MLS, Wasilla AK property, Wasilla AK Real Estate, Wasilla AK realtor, Wasilla AK REO property Comments closed
The Three Most Important Things Alaskan Lenders Will Look For When Qualifying A Short Sale
There is so much misinformation out there these days about Short Sales and the Wasilla Area is no different. While this transaction may be a somewhat complicated process, here are the three very uncomplicated things Wasilla lenders are looking for to see if you qualify: Financial Hardship: This is defined as a verifiable reason that … Continue reading The Three Most Important Things Alaskan Lenders Will Look For When Qualifying A Short Sale
If You Are Interested In Understanding What Qualifies You For A Short Sale In Alaska?
Today many people are interested in Short Sales as a way to avoid Foreclosure. If you are interested in knowing more about a somewhat complicated transaction, here are the three very uncomplicated things lenders look for when qualifying a short sale:
Financial Hardship: This is defined as a verifiable reason that has or will cause you to miss [...]
Also posted in Palmer AK Real Estate, repost Tagged Palmer short sales versus foreclosure, short sales in Alaska, Wasilla AK Short Sales, Wasilla real estate tips
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Avoiding Possible Short Sale Mistakes in Wasilla AK: Part II
Considering a short sale can be a daunting task if you are not armed with all of the necessary information regarding this type of transaction. Following are additional mistakes or problems that can be avoided if you know what to look for.
Time: There never seems to be enough of it when conducting a short sale. [...]
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Wasilla & Palmer Foreclosures, Short Sales, REO’s, Bank Owned: Curious about what all of these terms mean?
When a seller stops making their house payment, the note holder (typically a mortgage company) files a notice of foreclosure. Typically this foreclosure process takes a minimum of 90 days and usually takes longer. Once the foreclosure is complete, it becomes an asset owned by the note holder who then typically lists the house with … Continue reading Wasilla & Palmer Foreclosures, Short Sales, REO’s, Bank Owned: Curious about what all of these terms mean?
Also posted in Palmer AK Real Estate, Uncategorized Tagged Bank Owned properties in Wasilla, REO property in Wasilla & Palmer, Wasilla & Palmer Foreclosures, Wasilla and Palmer Short Sales Comments closed
Do You Know a Wasilla or Palmer Homeowner In Distress? What Options Do They Have To Avoid Foreclosure?
Perhaps you know someone who is having trouble here in Alaska making ends meet and especially making their mortgage payment. I just returned from taking an intensive class focused on helping folks who may be facing foreclosure. I earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales … Continue reading Do You Know a Wasilla or Palmer Homeowner In Distress? What Options Do They Have To Avoid Foreclosure?
Also posted in Uncategorized Tagged alternatives to foreclosure in Wasilla and Palmer, avoiding foreclosure in Palmer and Wasilla, distress homeowners in Palmer and Wasilla Comments closed
