YIKES!!!! Look at the number of Foreclosures & Short Sales for the first Quarter of 2011: Lake County Detached Single Family Home Sales First Quarter Short Sale or Foreclosure:...
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Mortgage Restructure Solution
The primary NACA solution is to restructure the existing mortgage by permanently reducing the interest rate to achieve an affordable mortgage payment. Mortgage Restructure Solution:...
Home Affordable Foreclosure Alternative Program (HAFA)
The Treasury Department recently released guidelines and forms for its new Home Affordable Foreclosure Alternatives (HAFA), which is part of the Home Affordable Modification Program...
Foreclosure -vs- Short Sale
This chart will show the difference between a Successful Short Sale and a Forelcosure; and how each one will affect you: Issue Foreclosure Successful Short Sale Future...
The Illinois Foreclosure Process
Illinois Foreclosure Process Average time in Illinois is 321 days THE ILLINOIS FORECLOSURE PROCESS Illinois is a judicial state requiring court actions to foreclose a mortgage. A...
Obama Administration Announces Financial Incentives and Uniform Process for Short Sales
Responding to the call of the National Association of REALTORS®, on May 14, 2009, the Obama Administration announced incentives and uniform procedures for short sales under its new...
Help for America’s Homeowners
This site will give you some very helpful information to find the help that you need including a self assesment tool to see if you are able to qualify for this program...
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