Caught In A Riptide Of Mortgage Debt With Rising Monthly Payments By: Dale Rogers When the nightly main stream television news leads with stories regarding mortgage foreclosures and down turning markets a viewer knows a trend has arrived. This is all backed up with data indicating the surge of properties on the market with mortgage foreclosures trending up as well. Various areas are experiencing more downside moves than others are; however, the overall is down at the current moment. Two years ago, if a buyer or seller breached the subject of a Short Sale, where the lender settles less than what is owed, the response would have been “What are you nuts?” “We’ll just put it on the market and it will be gone in two week Tags: Short Sale, Chapter 13 Bankruptcy, Wage Earner Bankruptcy, Deed In Lieu Of Foreclosure, Ro
There Was This Guy Banging On The Door… Inquiring About Lis Pendens Foreclosure Action On His Home By: Dale Rogers This had been quite a turn of events for Bobby, a single dad, recently divorced with full custody of his two boys. His ex-wife had taken off with a new love found on the Internet. She said it was real love this time. During the strain of the divorce and loss of half the household income things began to slide into disarray. The latest salvo was receipt of the Lis Pendens action served by a “friendly” process server with a phony smile. A week after service there was a long line of “investors” and other inquires by mail all about “saving” Bobby from his plight. Tags: Short Sale, Broker Price Opinion, Comparative Market Analysis, Monthly Option ARM,
Getting Your Finances Ready To Buy A Home By: J Harris You need a new home. Maybe this is your first time looking at homes for sale, maybe you want an investment property, or maybe the move is dictated by a life change. Before you even pickup a homes for sale magazine, there are some important steps you should take. That’s right- you need to get your finances in order. By addressing issues of credit, pre-approval, and your financial position, you will be in a better position to look at the homes for sale that are most appropriate... Tags: La Jolla Realtors, La Jolla Homes for Sale, J Harris
Successful Job Interview Preparation By: Ron G. Dickinson Giving a great interview is not as hard as some may think, but not as easy as others do either. Remember, during an interview, you are a salesman. You are there to sell yourself to your prospective employer. You want to market yourself in the most interesting way possible. Great preparation for the interview is your best bet. A salesman that is knowledgeable, friendly and positive always gets the sale. Tags: job interview advice, job hunting, job applications, employment resources, recruitment, job sea
Why Would a Lender Do a Short Sale? By: D.C. Fawcett There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payments current, there are alternatives to bankruptcy or foreclosure proceedings. One of those options is called a "short sale." Tags: what is short sale, real estate short sale, short selling, short sale training, short sale
Ron Pollack on Investing, Family and Charities By: Roberto Bell Both Yale and HBS seem to have a penchant for turning out successful investors: Jim Chanos (widely credited with exposing Enron as a fraud, whom Ron got to know back in the 1980s when they were both short First Executive Life), Zoe Cruz (a brilliant commodity trader who rose to the co-presidency of Morgan Stanley, was a sectionmate of Ron's at HBS), Jamie Dimon (CEO of JP Morgan Chase, with whom Ron used to play pickup basketball at HBS), Strauss Zelnick (media wunderkind and Chairman of ZelnickMedia and Take-Two Interactive, Ron's roommate at HBS), Scott Schoen and Scott Sperling (co-presidents of leveraged buyout giant THL, and friends of Ron from HBS), Steve Pagliuca and Joshua Bekenstein (of Bain Capital, friends of Ron from HBS and Yale respectively), Glenn Hutchins (of Silver Lake Partners, also a HBS classmate) to name just a few. Ron Pollack (http://www.ronpollack.net) is no exception. Tags: Ron Pollack, Fund Manager, hedge fund, short sale, short sellling
Process of Short Sales By: Orlando Shorts This sounds very simple, but in fact, the entire process is hard work. If you do not know anything at all about short sales. The very first thing you should do is contact a real estate agent that specializes in short sales. Tags: Real Estate Short Sales, foreclosure listings, free home val
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