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    Archive for the 'Short Sales & Foreclosures' Category

    Is Your Loan Owned By Freddie Or Fannie?

    Categories: Short Sales & Foreclosures Posted on March 22nd, 2010

    There has been millions spent to refinance home loans over the past couple of years.  The program most well known is called Making Home Affordable.  The question is.... Do you qualify??? Before you get too involved, the number one criteria is that your loan is owned by either Fannie Mae or...

    Written by Jon Bunn Please leave a comment.

    Selling Short? Uncle Sam Provides Incentive!

    Categories: Short Sales & Foreclosures Posted on March 17th, 2010

    For those who legitimately need to sell their home due to some form of financial difficulty... the government is now going to make it worth their while.   Beginning April 5th of this year, earlier for others... the government is releasing the HAFA program, which stands for "Home Affordable Foreclosure Alternative Program." ...

    Written by Jon Bunn Please leave a comment.

    What Is A Short Sale?

    Categories: Short Sales & Foreclosures Posted on January 27th, 2010

    I have written multiple articles on short sales over the past couple of years.  However, I have never written one with an answer to basic question that many people are still asking.... "What Is A Short Sale?" Please forgive my delay.  We can now testify that assumption is foolish...  For that reason,...

    Written by Jon Bunn Please leave a comment.

    Why Most Homes Will Never Go To Foreclosure

    Categories: Market Statistics, Short Sales & Foreclosures Posted on January 18th, 2010

    People want to purchase foreclosures.   The reason is simply because they believe they will get a great deal compared to buying a regular sale or having to wait for a short sale. The media leads people to believe that there are a lot of foreclosures available on the market due to the...

    Written by Jon Bunn Please leave a comment.

    Foreclosure Negotiation. Your Highest And Best Offer

    Categories: Short Sales & Foreclosures Posted on January 11th, 2010

    A banks way of cutting to the chase on what buyers are willing to pay is asking for their "Highest And Best Offer"  to be submitted.  The bank typically will do this after they have received more than one offer on a property or they at least want you to believe...

    Written by Jon Bunn Please leave a comment.

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