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Cash For Short Selling A House Under New Bank Of America Incentive Program

Bank of America recently announced on its website that it will be considering homeowners that are attempting short sales for seller incentives of up to $30,000.  The incentive program is now being released nationwide after a successful result in a trial program attempted in Florida. ALTERNATIVE SELLER INCENTIVE PROGRAMS Up to this point incentives have […]

Great News! New Federal Guidelines Will Make Short Sales Shorter

[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”] One of the biggest draw backs for a short sale is the amount of time it takes to get approval from the banks servicing the loan(s). In extreme cases it can take […]

Arizona Credit Union Squanders Member Funds

TruWest Credit Union is throwing away its members investments and forcing foreclosure on its own members’ loans, while acknowledging foreclosure alternatives such as short sale would mitigate its members’ losses. On March 13, 2012 attorney Alysse Medina of Collins, May, Potenza, Baran and Gillespie, P.C. informed an Arizona family on behalf of TruWest that their […]

Tenant Rights In Foreclosure – What It Takes To Evict You

When a rental property is foreclosed on by a lender, there is a path of destruction left in the wake. One of the forgotten victims in this situation is the existing tenant and their family. Recently we have received several questions from tenants that have been contacted by the investors that purchased the rental property at […]