Is this a False Bottom in the Foreclosure Arena? Many folks are hoping for the best in the economy and rushing to the announcement of a quick recovery. The questions are these: Are the signs really there? Is it wishful thinking? Or is this just the eye of the hurricane? I believe the answer [...]
Continue reading...Thursday, October 1, 2009
Loan Modification vs Short Sale Many homeowners don’t know what direction to go when they are facing foreclosure. They are unfamiliar with the term “short sale” so they don’t know what their options are. Kurt Novak sheds some light on these two options. Are Loan Modifications Better than Short Sales? by Kurt Novak When you are a homeowner struggling [...]
Continue reading...Tuesday, September 29, 2009
Loan Modifications-Do it Yourself Pros and Cons Many people who need loan modifications don’t have the money to pay upfront or on the backend so they end up trying to do the negotiations themselves. There are pros and cons to this strategy and let’s explore that here. Pros: You don’t have to pay someone money you don’t have. You [...]
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Sunday, October 18, 2009
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