we were letting our home go into foreclosure but decided to put it up for a short sale.
is this still gonna look bad on my credit?
and i heard you get a 1099 on it. true?
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we were letting our home go into foreclosure but decided to put it up for a short sale. Why were you able to get one vs. another person who didn’t get one. A lot of people are are getting loan modifications but are principle balance reductions even more rare? How much do you reduce you principle by? I just got an approval that my bank accepted the offer on my short sale how much longer can this process take if the bank accepted the offer? also i have two loans the big loan accepted the small loan people we have not heard from them yet. I keep hearing about it on the news. Foreclosure rates are up, way up, and this is closely tied to the global economic crisis. NPR is talking about it all the time, but mostly, they’re talking to economists and relaying the news on Continue reading Is There Anybody Out There Facing Foreclosure? Hi Jason, I have been checking into Debt Settlement and I do not feel to safe going with the companies I have found on the internet. This group gives you the information to do it yourself. Just wondering if anyone found this to be helpful. We were recently married, each came to the marriage with a home. We are selling one and are not in foreclosure but for financial reasons we need to unload the house. There is no way we will sell it for what we owe, we Continue reading Does Anybody Know Exactly What Happens To Your Credit After A Real Estate Short Sale? BPO = “Broker Price Opinion.” A lender may request that homeowners with delinquent mortgage payments have this done in a short sale transaction. The lender will pay a real estate broker to complete a BPO on the property in order to get an appraisal value for it. Is anybody did a loan modification with Provident Funding? |
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