When declining a trial mortgage modification should you explain why, especially if you are now going to request a short sale?

You will explain and state your hardship when you request the short sale, that is the time to explain why you can't afford your mortgage or the...

I have Sale Date set for November 21st and was approved for Bank of America Co-OP short sale and have submitted FULL PRICE OFFER

You do need to consult with an attorney. If it was approved as co-op short sale you would have received an invitation and approval to do a short...

Can a person from Iran, who has a work visa, and is a legal resident of California buy a home?

Of course, you need to consult with a few different mortgage brokers to see the loan programs available that best suit the buyers financial needs...

We're buying a home, all paperwork signed and at escrow, only need to transfer funds and the seller is trying to back out.....

Has your agent sent and received back either a release of all contigencies or a notice to perform?

Are there any affordable real estate attorney to help with writing up the contract to buy a home from a for sale by owner?

While the owner may be selling it "for sale by owner" if they put it on your local MLS they already indicated a percentage of the sales price that...

I received a settlement offer from the Bank that accepted a short sale on my condo back in 2009. I am writing them back to ask

You need to first review your short sale approval letter with a real estate attorney and then make sure that even if the letter holds you liable...

Should a person doing a short sale stop making payments?

In California typically those who are seeking to short sale stop making their payments, as this shows the hardship they are experiencing. However...

Abandoned property during Ch. 13 four years ago - suddenly full mortgage appears as delinquent on credit report?

You should talk to your Chapter 13 bankruptcy attorney. Even though you may not have personal liability forthe mortgage it doesn't change the fact...

What rights do I have to our home that I pay half the mortgage from the date of purchase but it is under my wife's name?

California is a community property state and it sounds like your income has been going to support the community home in which you are both residing...

I am not on the mortgage and my soon to be exspouse wants to short sale. Am I responsible for taxes? We aren't divorced yet.

I assume you mean taxes resulting from any deficiency caused by the short sale and the resulting 1099-C forms that are sent to the IRS by the...

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