Sarasota Real Estate – Savvy homeowners know the secret to paying off a 30-year mortgage in just 15 years, saving $1,000s in interest payments…and best of all they did not double up their mortgage payments or refinance. Does this sound too good to be true? Maybe it does; maybe it doesn’t. In just a moment, [...]
Sarasota foreclosure prevention involves cat and mouse “games” with debt owners (involving banks, servicers, debt collectors, mortgage insurance providers, etc). Sometimes, I seriously wonder how we get any short sales approved with full payoff and satisfaction. Lost Promissory Notes! Loss Share Agreements! Secret negotiations between debt owners and US Government for payoffs in smoke-filled back-office [...]
Homes Sarasota treated as primary residence by borrowers who short sell or walk away still win out over real estate investors who can’t hide from Internal Revenue Service. Is it your PRIMARY residence? YES. Does your tax professional confirm primary residence…without fraud? YES. Great for you! Chances are, you will avoid the IRS trying to [...]
Sarasota foreclosure prevention absolutely demands your short sale listing “expert” know HOW to prove today’s value to bank’s valuation person…or you LOSE! BPO = Broker Price Opinion – this one report usually makes the difference between short sale success or failure (read: foreclosure). What you see below is a typical BPO order offering to pay [...]
Sarasota foreclosures, job losses, tight credit & falling home prices/value challenge house hunters to reconsider whether now is the “right” time to buy. Deciding what’s best for YOU (that is, renting versus buying your own home) goes FAR BEYOND dollars and cents. In fact, most house hunters contacting me clearly know the VALUE of getting [...]