Short Sale | Megan McGinnis' Blog--Get Connected!

Upside Down Homeowners-Should You Stay or Should You Go?

Sunday, February 7, 2010

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 [...]

Are Loan Mods Just Another Exotic Mortgage?

Thursday, January 14, 2010

2 Comments

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 [...]

Loan Modification vs Short Sale

Thursday, October 1, 2009

0 Comments

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 [...]