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Foreclosure Forum

Who Oversees The Home Modification Loan Program?

Who can we complain to when the banks are refusing to modify loans

Foreclosure Forum

What Can These People Do When Facing Foreclosure?

With all the current events taking place these days regarding mortgage foreclosures…What can these homeowners do to save their homes? What tactics could they use for protection? Also, does a bankruptcy allow someone to keep their home? If so…Is

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Foreclosure Forum

Can Lender 1099 You For Difference In Short Sale?

Arizona is a non-deficiency state….if you short sale, the lender can not ask for the difference from the seller, but can they 1099 the seller for the difference? Let’s say 50K is the 1099 amount. How much would you have to pay in tax for it?

Foreclosure Forum

Has Anyone Used Square One Debt Settlement And Can I Have Some Feedback?

Most debt settlement companies take monthly payments from you and let all your accounts go 90 days past due. Then they make lowball offers under threat you will file bankruptcy. Not only will this trash your credit, but many credit card companies will immediately sue you. The settlement company will not be

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Foreclosure Forum

Loan Modification; I Am A Loan Officer In California…i Have Clients That Are Going Adjustable…?

I have clients that their Interest Rate is going adjustable….Are Lenders assisting in modifying loans to lock rates and avoid refinancing high LTV’s?

Foreclosure Forum

In Iowa, After The Foreclosure Certificate Is Filed And Returned How Long Before The Sale Of The House?

My husband’s ex-wife’s house is being foreclosed on. The clerks certificate of foreclosure has been filed and is on record. We are in the state of Iowa. We are trying to find out when the house will actually be sold at auction. We are wanting to

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Foreclosure Forum

I’m Sorry If This Sounds Stupid, But Is There A Difference Between A Short Sale And A Foreclosed Home?

Apparently short sales are a hassle. Are foreclosed home as much of a hassle as a short sale? Is there a risk of me losing the house if I purchase a foreclosed home?
Thank you and God Bless!

Foreclosure Forum

Credit Card Debt Settlement Agency Question……?

There was a commercial on TV about a certain debt settlement agency.
One of the main differences about this company is that it has a cash back program. I think that you receive cash everytime you pay a bill on time (or something like that.)
I tried to get the phone number, but I didn’t get

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Foreclosure Forum

How Much Jurisdiction Does Bankruptcy Court Have? Can A Court Order The Sell Of A Primary House?

The house is in two people’s name. One of the two is the one filling bankruptcy. The person filling bankruptcy lives in Arizona. The house in question is in New Mexico and is the mother’s primary house. The court is saying that the bankruptor must come up with a specific amount

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Foreclosure Forum

Has Anyone Done A Loan Modification And Who Would You Recommend?

Loan mods are a useful strategy but be careful. There are a lot of scammers out there. First thing to do is visit www.makinghomesaffordable.gov. This is run by the government and will outline the process and let you know if you qualify.
You don’t need to pay a company to obtain a loan modification. However, sometimes

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