Wow! Bank of America stops foreclosures nationwide. I am shocked. What next? We now know the too big to fail extended, deepened and worsened this crisis. AIG has been the biggest culprit in driving down prices due to rejecting short sales. If they would have just failed, then have the US government bailout American Banks…Read More→
Foreclosure Set For Monday! Home in Power Ranch Needs an Offer!
This home at 3887 S. Dew Drop Lane is located in the ever-popular Power Ranch Community just off Higley Rd in Gilbert. Our professional short sale negotiators received an approval from the banks to sell the home at $150,000 a couple weeks ago. The Cameron Team immediately called to give the interested buyer the good news and guess what?! They found…Read More→
WHAT IS A SHORT SALE?
I have many people call me about doing a short sale or asking, “what is a short sale?” When one falls behind on their mortgage, the bank will typically begin the foreclosure process. There are several ways a borrower can stop the foreclosure, such as: bringing the arrearage current, loan modification, bankruptcy, refinance, short refinance…Read More→
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