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Financial Decisions on Short Sales
Read all 6 responses: "I'm about to do a short sale on my home and have heard ... be as bad on your credit record as a foreclosure, they are a big negative. ...
Answers
- We also did a short sale on our home and our understanding from our mortgage company was that it does include the short sales as well..Our mortgage company was going t...
- Julie, It is for both, but your income may be a factor. Check with an accountant about your income.
- Hi Julie, The debt forgiveness act applies to the short sale and forclosure. Do a quick search on google and you can find all of the requirements to qualify, not th...
All Moms
... been unable to refinance, the foundation's counselors will give you all your other options, including short sale, deed in lieu of foreclosure and more. ...
Answers
- Since we don't know your what your exact situation is and I don't expect you to share everything here, feel free to contact me. I'm a Realtor and if you need advice on...
- i have a friend who is going through a program with naca. google them and give them a call. i understand they are non-profit. i've heard from a few others that it's a ...
- Not exactly if you are referring to a refinance or not but I am currently looking into that myself. Luckily I know a girl who I used to work with and became friends wi...
First Time Home Buyer
Foreclosure is NOT a good buy for a first home, especially if you will live in it. Usually there can be serious problems with .... Short Sale vs Foreclosure ...
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- I am a loan officer - if you want more information and to get pre-approved, send me a message. Basically there are only 2 types of loans that you can get now for no ...
- Do you or your husband have military experience? It's pretty easy to go through the VA for a loan, especially if you are not putting down any or little money. Friend...
- Congrats! First and foremost get a real estate attorney who knows about foreclosures to guide you through the process. We are in the process of buying one and in our...
Behind on Bills and Need to Catch Up!
Jun 23, 2009 ... have a garage sale this weekend and get rid of old toys, clothes, etc? ... Also, I've heard bankruptcy can help stall the foreclosure ...
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- Have you considered a home based business? I am also going to forward your request to someone I know who works with folks going through foreclosure though I pray you ...
- Contact the dallas morning news and see if they have any openings for newspaper couriers in your area. You throw overnight, usually arrive at their warehouse around 2...
- Hi A., There was some good advice about working at a daycare. I did that with my children so I could be with them. Also, don't pay any non-essential bills like cre...
Starting Business
We even held a garage sale, combining all our junk - we made $1000 in one day! ... Or you could try credit repair, but even then with the foreclosure recent ...
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- I agree with a few of the other mamas in that you don't need to try for a loan...you need to pay cash. $5,000 sounds monumental to you, but in terms of business start-...
- Scrimp, save, stay focused & pay cash. It's amazing how it feels to not have the payment. Speaking from experience...
- I don't mean to sound harsh but you need to stop using credit and work at saving up the $5000.00 (work not borrow, as many jobs as you have to for as long as you have ...
Property Search for Free
I can pull foreclosure lists in particular areas for you if that is what you are ... Realtor.com doesn't charge anything to browse their for sale listings ...
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- Hey, A.. Go to nbc5i.com, go to left side of screen and find House & Home, click on that and scroll down to enter in the zip code of the homes you are looking into. ...
- Go to http://www.ebby.com/properties/properties.shtml. This is the easiest and best website to search for properties. You can search by almost anything...zip code, s...
- Try realtor.com for your property search. I also like cindyruppert.com for my local area because when you double click on the photos, they are quite big and easy to s...
Wanting to Buy a House, but How?
... time home buyers. with so many people loosing homes to foreclosure, .... So please consider looking at some for sale by owners and at the same time keep ...
Answers
- There are lots of ways to help you bring down debt and still purchase a home (without getting ripped off) Try to stay in the same apartment for the next three years wh...
- Really think hard on why you want to own. It's a big responsibility and you might be suprised at the cost of maintenance that you don't pay when you rent. So many ...
- After reading all of the response I decided to let you know about another method that noone here has mentioned. I brought my house 10 yrs ago as a single parent makin...
In over My Head!
Or I come out and do my thing, I make the sale, but the person doesn't have a ... be able to refer you to a foreclosure prevention program in your area. ...
Answers
- I used to work for a NON FOR PROFIT (this is key) that housed a Consumer Credit Counseling Service (CCCS) and they have locations in a number of places (and the abilit...
- I've worked several commission only jobs. It's a hard way to make a living. You never know how much you're going to be bringing home. I applaud you for even trying wit...
- not sure what to tell you other then good luck but wanted to let you know that I was a telemarketer while pregnant with my daughter so I understand the 'stain' you dea...
Debt Consolidation Is It Worth It/does It Work???
Sep 2, 2009 ... Long story short, her house is in foreclosure and that broker is missing in action. ... Doing a short-sale on your house doesn't effect your credit. ...
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- I joined CNI a few years ago and they negotiated a good portion of my debt away. Look into them too, I cancelled all my cards and have bad credit for a few years but...
- Hi there, We looked into this last year when we encountered some of the same problems. You have to be really careful about which companies you go with - there are man...
- Several years ago I went with Consumer Credit Counseling and had a great experience with them. I learned my lesson and, as great as my counselor was, I plan on never ...
Debt Mediation
... have a yard sale or use craigslist, i'd also get rid of your computer and .... This organization also provides foreclosure prevention assistance. ...
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- I used a counseling service several years ago when my credit card debt reached $20K. I think I had about 8 credit cards then. They made it easy, I just sent them one p...
- I agree with most of the responders: Don't go to a for-profit credit counseling business. If you decide to go with a credit counseling service, go with a non-profit ...
- Hi C.! Please check out DaveRamsey.com before you do anything drastic!!! He is my Hero! I am strongly against consolidating debts, because the interest you pay for eac...