In working in the Wilmington NC Short Sale arena for the last 2 ½ plus years, I have seen lenders do just about everything when it comes to negotiating short sales with home owners. There really is no “standard” in short sales. The way one short sale file at one particular lender is handled can [...]
Credit Scoring After Short Sale and Foreclosure Wilmington NC Short Sale
The other question that I get from folks considering a short sale is how it will impact their credit. There is a lot of misleading information that come from Realtors, as well as online forums about the impact on credit scores. On many occasions you will hear that a short sale is far better [...]
Filed Under: Short Sales Tagged With: Buying Short Sales Wilmington NC, CDPE, Foreclosure options Wilmington NC, Foreclosure Wilmington NC, Housing Affordable Fourclosure Alternative, Lelandshortsales, Notice of Default Wilmington NC, Shortsalewilmingtonnc.com, Wilmington NC Short Sales, Wilmingtonshortsales
BUYING A HOME AFTER SHORT SALE IN WILMINGTON NC
As a Realtor who has been heavily involved closing WILMINGTON NC SHORT SALES over the last two years, one of the questions that I get asked quite often from home sellers is how long will it take before I will be able to buy a home again. The answer to this question does not have [...]
Filed Under: Short Sales Tagged With: Buying Short Sales Wilmington NC, CDPE, First time home buyer, Foreclosure options Wilmington NC, Foreclosure Wilmington NC, Housing Affordable Fourclosure Alternative, Lelandshortsales, Notice of Default Wilmington NC, Short Sale NC, Short Sale Wilmington, Shortsalewilmingtonnc.com, Wilmington NC Fourclosure options, Wilmington NC Short Sales, WilmingtonNCRealEstate, Wilmingtonshortsales
Wilmington NC Short Sales – Important Information Homeowners Should Acknowledge PART TWO
October 13, 2011 By nilesh
Wilmington NC Short Sales – Important Information Homeowners Should Acknowledge PART TWO PLEASE CLICK HERE FOR PART ONE Common Short Sales Process Used by Most Lenders Although the actual process that is commonly used in short sales may vary from one lending firm to the next, it is generally pretty much the same across the [...]
Filed Under: Short Sales Tagged With: Buying Short Sales Wilmington NC, Foreclosure options Wilmington NC, Foreclosure Wilmington NC, Housing Affordable Fourclosure Alternative, Lelandshortsales, Shortsalewilmingtonnc.com, Wilmington NC Fourclosure options, Wilmington NC Save my home, Wilmington NC Short Sales, Wilmingtonshortsales
Wilmington NC Short Sales – Important Information Homeowners Should Acknowledge PART ONE
October 6, 2011 By nilesh
Wilmington NC Short Sales – Important Information Homeowners Should Acknowledge PART ONE There are a large number of homeowners who have been led to think that the perfect way to avoid foreclosure and walk free from a mortgage without owing a dime is simply by using a short sale. Much of this type of thinking [...]
No Equity: Wilmington NC Short Sale
July 26, 2011 By nilesh
No Equity Are You Upside Down on Your House Value or Fallen Behind in Payments? A “Short Sale” is a special transaction that allows you to sell your home even when your mortgage debt is higher than the value of your home. Your lender takes the loss for the difference between sales price and your indebtedness, [...]
Filed Under: Short Sales, Uncategorized Tagged With: Buying Short Sales Wilmington NC, Foreclosure options Wilmington NC, Foreclosure Wilmington NC, HAFA, Housing Affordable Fourclosure Alternative, Lelandshortsales, Notice of Default Wilmington NC, Short Sale Wilmington, Short Sales, Wilmington NC Short Sales, Wilmingtonshortsales
11 Things To Know About Buying A Short Sale Home In Wilmington, NC
July 11, 2011 By nilesh
11 Things To Know About Buying a Short Sale Home in Wilmington, NC Now-a-days you can see that most of the listings are short sales. Those who are looking to buy, can get a good houses and sometimes below market price. Here are 11 things about buying a short sale home in Wilmington NC, which [...]
Filed Under: Short Sales Tagged With: Buying Short Sales Wilmington NC, CDPE, Foreclosure options Wilmington NC, Foreclosure Wilmington NC, Lelandshortsales, Notice of Default Wilmington NC, short sale agent nc, Short Sale NC, Short Sale Wilmington, Shortsalewilmingtonnc.com, Wilmington NC Short Sales, WilmingtonNCRealEstate, Wilmingtonshortsales
Wilmington NC Short Sale//Who Pays My HOA In Short Sale?
May 9, 2011 By nilesh
Who Pays My HOA In Short Sale? Nilesh Jethwa Wilmington NC Short Sale Expert Most of the homeowner who has Home Owner Association (HOA) has this question when they cannot afford their monthly mortgage payment that “who pays my HOA in short sale?” When the homeowner is in financial difficulties, sometimes they cannot afford to [...]
Filed Under: Short Sales Tagged With: Buying Short Sales Wilmington NC, CDPE, Foreclosure options Wilmington NC, Foreclosure Wilmington NC, HAFA, Housing Affordable Fourclosure Alternative, Lelandshortsales, short sale agent nc, Shortsalewilmingtonnc.com, Wilmington NC Short Sales, wilmington short sales, Wilmingtonshortsales
WILMINGTON NC HAFA SHORT SALES
May 5, 2011 By nilesh
The HAFA program is the government’s new short sale program. The government created the program in an effort to assist homeowners who can no longer afford their home and who want to avoid the damage a foreclosure does to a borrower’s credit. The following is my understanding of the program guidelines as presented in the [...]
WILMINGTON NC SHORT SALE, I am Paying My Mortgage Payment From My Savings And Credit Cards
January 17, 2011 By nilesh
I am Paying My Mortgage Payment From My Savings And Credit Cards I have seen some home owners paying their mortgage payment from their saving accounts and credit cards in order to pay their monthly payment because they don’t have enough money to pay their payment and don’t want to be behind in payment. [...]
Filed Under: Short Sales Tagged With: Add new tag, Buying Short Sales Wilmington NC, Foreclosure options Wilmington NC, Foreclosure Wilmington NC, Housing Affordable Fourclosure Alternative, Lelandshortsales, Notice of Default Wilmington NC, Sellers wilmington NC, Short Sale Wilmington, Wilmingtonshortsales
