• Before Getting Out Of Mortgage Using Short Sale: You Need This Information

    Bad Credit
    Are you thinking... should i short sale my house? Confused about the short sale vs foreclosure option to stop foreclosure?I know you are not thinking clearly because you're worried about stopping foreclosure, your family becoming homeless, having trouble sleeping at night due to worry, feeling stressed about making the wrong decision, embarrassed your neighbors may find out you're facing foreclosure, worried about your credit report displaying you had a foreclosure & a really bad credit score.Ho
  • How To Get Out Of Two Mortgages At The Same Time?

    General
    Is just a mortgage short sale possible if you have not merely one mortgage company to deal with, but two?Home financing short sale beats foreclosure both from the homeowner's viewpoint and from the perspective of a mortgage company. If you fail to pay on a mortgage, the lender would prefer to get partial payment of the mortgage, and not get your house back.They can certainly cope with having your house straight back as they are setup for it. Nevertheless when they get yourself a house back they
  • Getting Pre-Approved For A Mortgage: Your Road Map

    General
    Getting pre-approved for a mortgage can be a tremendous time saver in helping you understand what you can afford. If possible, try to buy a home in a price range that allows you to put down 20%. If you put down less than this, you will have to pay PMI (private mortgage insurance) to protect the lender in case you default on the loan. 20% may be a lot, but it's not unrealistic. You may not be able to do it on your first home, but hopefully you can on your second home. The profits from the sale of

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