Upside Down Homeowners-Should You Stay or Should You Go? The debate is raging for homeowners who are upside down in their mortgages. With 30% of the population owing more than their houses are worth, many homeowners are weighing the pros and cons of walking away from their homes. Understanding all your options is one of the [...]
Continue reading...Thursday, January 14, 2010
Are Loan Mods Just Another Exotic Mortgage? This is a great question and I’m not the only one asking it. The following article challenges the view of loan mods as a long term solution. It is said that when the “step up” interest rate settles after 5 years in its permanent place, there will be hell [...]
Continue reading...Friday, January 8, 2010
FED Finds Principal Reduction Programs Actually Work Well it certainly seems more logical that a principal reduction program would work better than a loan modification which is just a temporary fix. The FEDs findings support this. A loan modification is merely a reduction of the current interest rate and does not address the value of the [...]
Continue reading...Saturday, December 19, 2009
Principal Reduction vs Loan Modification: Which do you choose to save your home? I explore the difference between these two types of actions in this video…. Peace, Megan Share and Enjoy: Sphere: Related Content
Continue reading...Wednesday, December 16, 2009
Firm Offers Christmas Discount on Principal Reduction Program for Real Mortgage Relief You must submit your complete file not just the EZ App by 24th of December. Peace, Megan Share and Enjoy: Sphere: Related Content
Continue reading...Monday, December 14, 2009
1099 Forms Issued on Principal Reduction Programs? I explore this frequently asked question…. Thanks for stopping in and please add your comments. Peace, Megan Share and Enjoy: Sphere: Related Content
Continue reading...Thursday, December 3, 2009
Principal Reduction Program No Joke Share and Enjoy: Sphere: Related Content
Continue reading...Tuesday, November 24, 2009
Principal Reduction Programs Gain Momentum Principal reduction programs are gaining momentum in the market place because loan modifications are failing, seemingly a band-aid on a gaping wound. Here is a brief run down of the difference between principal reductions and short pay refinances. Principal reductions vary from short pay refinances, for those of you unfamiliar, by [...]
Continue reading...Sunday, November 22, 2009
Where to Turn for a Principal Reduction these Days? Not a Loan Modification! Where does one go for a principal reduction these days? Loan modification? No. Banks aren’t negotiating principal reductions with loan modifications, just interest rates. They might reduce your monthly payment or maybe not. For example, if you were making payments based on an [...]
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 [...]
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Sunday, February 7, 2010
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