This is the concluding article of three part series about Las Vegas, Nevada short sales and foreclosure process which was presented in a class by Scott Gillespie who is a mortgage planner with First Horizon Home Loans. This is the concluding part. Deed in Lieu Deed in Lie. First let me say from a lending [...]
Entries Tagged as 'lender'
Foreclosure, Short Sale or Deed in Lieu part 3? Which one will do less harm to your credit history? Did in Lieu
August 5th, 2008 · No Comments · Las Vegas Real Estate, Las Vegas condos, Las Vegas homes
Tags: Deed in Lieu·foreclosed condos·foreclosed homes·foreclosure dates·foreclosure process·Las Vegas Nevada foreclosures·Las Vegas Nevada short sales·lender·lien·Nevada mortgage
Foreclosure, Short Sale or Deed in Lieu? Which one will do less harm to your credit history? Part 2, Las Vegas short sales
August 4th, 2008 · No Comments · Las Vegas Real Estate, Las Vegas condos, Las Vegas homes
This is the second article of three part series which was presented in a class by Scott Gillespie who is a mortgage planner with First Horizon Home Loans. I believe you will find it worthwhile. Las Vegas, Nevada Short Sales Short Sale-If you owe more then your home is worth but you want to try [...]
Tags: foreclosed condos·foreclosed homes·foreclosure dates·Las Vegas foreclosures·Las Vegas short sales·lender·lien·Nevada mortgage·real estate
Foreclosure, Short Sale or Deed in Lieu? Which one will do less harm to your credit?
August 2nd, 2008 · No Comments · Las Vegas Real Estate, Las Vegas homes
Hope for Home Owners Act will undoubtedly effect short sales and foreclosure properties in Las Vegas. To what extent? Lord knows. Unfortunately many distressed home owners firmly believe that if they can’t pay their mortgage for a few months, they just should walk away and accept the fact that their credit is ruined for a [...]
Tags: foreclosed condos·foreclosed homes·foreclosure dates·Las Vegas foreclosures·Las Vegas short sales·lender·lien·Nevada mortgage
Few points about Hope for Homeowners Act of 2008, passed by Congress to try to help steer as many as 400,000 distressed home owners away from foreclosure
July 30th, 2008 · No Comments · Las Vegas Real Estate
This legislation will allow distressed home owners who qualify, to cancel their old mortgage loans and replace them with 30-year fixed-rate loans for up to 90 percent of the home’s current value. The lender has to give the owner 10% equity in the home/condo. The catch is that the home owner’s current mortgage holder [...]
Tags: bank·distressed home owners·Hope for Homeowners Act of 2008·lender·mortgage·real estate
Foreclosure process timeline and who to seek advice from
July 21st, 2008 · No Comments · Las Vegas Real Estate, Las Vegas condos, Las Vegas homes
When distressed Las Vegas home owners start missing payments on their mortgage, they often have no idea how long they can keep their home or condo or where to look for advice. Unfortunately, they turn toward their mortgage holder or the bank for advice; doing so is seeking advice from your adversary. How smart is [...]
Tags: condos·homes·Las Vegas distressed home owner·Las Vegas foreclosures·lender·mortgage
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