But on to what if you just know you will not qualify for a loan modification because you don’t have a job. Because regardless of what you have heard you have to show proof of income to get a loan modification. Some lenders will offer you a forebearance which is usually a temporary payment that can buy you some time to avoid foreclosure.
Continue reading about So You Stopped Making Your Mortgage Payments?
I thought it would be fun to share and to take a break from business since business is not always fun.
Not to mention as a dad it is something that comes to mind a lot lately. But if you feel that this would be useful free to copy not to mention any thing that might be missing and needs to be added. Enjoy 
Continue reading about Helpful Application If You Have A Daughter
But when you do get your forms do save them and do bring them to your tax advisor to see how they may help you in the filing them correctly. There are a ton of Santa Maria homes for sale and the former owners of these homes will be receiving a 1099A and hopefully a 1099C shortly there after.
So lets go with an everyday story you bought your house 2003 you paid $280,000.00 you put no money down when you bought your home with one of those popular 80/20 loans. Things are looking are great with you in your new home and now you get to make things the way you want to. A couple of years goes buy and now your home is unbelievably worth $500,000.00.
Continue reading about Understanding If Your Home Loan Is Recourse and What Does It Mean
For those that do not know what a short sale is, that is basically when a homeowner sells his home for less that what he currently owes. Now there are some benefits to doing a short sale, first one is when do you want to be a homeowner again?
There are loan officers that will issue Pre-approval letters to Real Estate agents when the loan officer and the Real Estate Agent are not even sure if the client will even be able to get the loan. They just have the mentality of we will cross that bridge when we come to it.
Continue reading about The Real Reason Your Home Loan Did Not Close
Today’s blog is the second of a two part entry, okay now on to part 2. Please do keep in mind to seek legal counsel and this is not a substitute, and this should be used as a guideline I have learned from my a comment on my previous blog that there are exceptions.
Continue reading about What Does A Divorce Do To My Mortgage?
