Showing posts with label carl agard. Show all posts
Showing posts with label carl agard. Show all posts

FICO changes could mean more credit access, MGIC says | 2014-08-28 | HousingWire

FICO changes could mean more credit access, MGIC says | 2014-08-28 | HousingWire

New condos, new stars

New condos, new stars

What’s behind de Blasio’s plan to revamp Downtown Brooklyn?

What’s behind de Blasio’s plan to revamp Downtown Brooklyn?

3 Reasons to buy a Foreclosure Now!!!

After a 5 year period of an unsettling real estate market, it seems that price of real estate is going up and buyers are finally jumping into the market. Even though mortgages are still tough to get, more contracts are being written like never before.

Here are 3 reasons to stop procrastinating and look for a good deal on a foreclosure now before it gets too late:

Applied Service Group and Brij Capital merge forces


FOR IMMEDIATE RELEASE March 25, 2013

(New York, NY) With the growing number of property owners with commercial buildings falling into default because of the economy, prices are currently 42% below the 2007-2008 peak. The principals of Applied Service Group and Brij Capital have combined their efforts to assist these owners through various loan resolutions.

Pop the Bubble of a Commercial Loan Balloon

Millions of commercial mortgages are either still underwater or have large balloon payments due. Commercial mortgages originated prior to 2008 were structured with a balloon payment which was a popular option during that time.

For those not familiar with the term, a balloon payment is a large payment due at the end of a mortgage or loan. Since the payments are not spread out over the full term of a normal 30 year mortgage,

Q & A: What are the Main Forms I need for a Loan Mod or Short Sale

Question: I want to submit an application to my lender to see if I qualify for either a loan modification or short sale. What are the forms that I need?

Answer: If you are completing a do it yourself loan modification or short sale, here are the up to date forms you will need....


Q & A: Loan Mod or Short Sale!?!

Question: I cannot afford my loan modification payments anymore, should I pursue a short sale?

Answer: If you find yourself still in a financial bind even after doing a loan modification, it may make sense to do a short sale if your mortgage is underwater. In many cases you may qualify for up to $10,000 in relocation fees from your lender.

Don't go into a Gun Battle with a Butter Knife (Part 2)

If your like millions of Americans still trying to get a loan modification, you can identify with the frustrations of your lender losing documentation and not returning phone calls. Unfortunately your bank is not your friend and you have to fight to get the best terms for your modification.

In a previous post, click here to read, I showed you how to properly package your documents and get it into the right hands at your lender to get you modified. Without getting your loan modification submitted correctly in the first place, you will join the legions of thousands of homeowners running around in a circle.

Loan Mod Q & A..What to do if Unemployed?

Question - I was recently laid off again and I am falling behind in my mortgage. What are my options this year with my lender?


Answer - Last year many of the major lenders and servicers teamed up with the government to institute a Mortgage Forebearance Program for homeowners falling back into distress in this economy.

Don't Go into a Gun Battle with a Butter Knife (Part 1)



Who can believe that after four years homeowners and their lenders are still trying to get on the same page when it comes to dealing with underwater mortgages. Several programs by the government like the HAMP and HAFA programs meant well but was met with opposition from lenders and servicers.

Without any strict enforcement, lenders and servicers have sent distressed homeowners in a never ending circle of frustrating processes to get loans modified. While the government had high goals of modifying over 20 million loans over the past four years, only a fraction of that really occurred.

3 Reasons Why Realtors Need a Good Negotiator

Now that the real estate market is looking to flatten out and it has reached it's rock bottom, lenders are looking to get rid of all of the shadow inventory clogging the foreclosure pipeline.

For the first time in over four years, the loss mitigation departments at the lenders and servicers are starting to streamline the short sale process and take offers below what they are owed. This means millions of properties are going to come into the real estate market. This is good for buyers and realtors.