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Foreclosure Forum

Anybody Gone Through With A Short Sale On Their Home?

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?

Foreclosure Forum

Are Lenders Really Reducing Principle Balances During Loan Modifications And If So Has Anybody Gotten One?

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?

Foreclosure Forum

Does Anybody Know How Long A Short Sale Can Take?

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.

Foreclosure Forum

Is There Anybody Out There Facing Foreclosure?

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?

Foreclosure Forum

Can Anybody Recommend A Legitimate Debt Settlement Company?

Hi Jason,
I am a Reference Librarian. It will take me a few minutes to research your question.
I highly recommend the nonprofit Consumer Credit Counseling agency (CCC). As I understand it, they do not take any Can Anybody Recommend A Legitimate Debt Settlement Company?

Foreclosure Forum

Has Anybody Tried Ads Financial Debt Settlement Solutions.?

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.

Foreclosure Forum

Does Anybody Know Exactly What Happens To Your Credit After A Real Estate Short Sale?

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?

Foreclosure Forum

Does Anybody Know What Happens After A Bpo Is Done In A Short Sale Transaction?

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.

Foreclosure Forum

Is Anybody Did A Loan Modification With Provident Funding?

Is anybody did a loan modification with Provident Funding?
I would like to do a loan modification. Some people saying you have to be late at least 2-4 month, some saying need to be current.
I wonder how Provident Funding will Is Anybody Did A Loan Modification With Provident Funding?