Utah County Short Sales: A Good Example Of Lender Incompetence On Short Sales

Utah County UT – We received the following e-mail a little while ago from another agent that does short sales. It illustrates how the current short sale guidelines hurt the housing market and homeowners short selling their house. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The following […]

Utah County Short Sales: How Do I Get A Loan Mod On An FHA Loan?

Utah County UT – The Stop Foreclosure recently received a question from Grant. Here was his question. “I have an FHA loan and want to get a loan modification. My bank is playing hardball and won’t modify the loan at all. My friend got a loan modification and said it was pretty easy. What can […]

Utah County Short Sales: What Does It Mean When The Bank Says File Is Going To Investor Soon?

Utah County UT – The Stop Foreclosure recently received a question from Georgia E. Here was her question. ” When the bank says the file should be going to an investor soon what does that mean?” Georgia E. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. Here is […]

How will a Utah County Short Sale or loan modification affect my credit score?

Utah County UT – How do foreclosures, loan modifications or short sales affect a credit score? Your credit score will be affected by late mortgage payments and a short sale. However, there are 2 things that are considered horrible on your credit report. Those 2 are items are foreclosure and bankruptcy. Discover how other sellers […]

How To Preserve Your Credit During A Utah County Short Sale

Utah County UT – If the right decision for you and your family is to sell the house as a short sale, then the sale will have an immediate effect on your credit score. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. You might feel like it’s just […]

Utah County Short Sales: Why Do Some People Worship Perfect Credit?

Utah County UT – It always amazes me how some people will do anything to have perfect credit. They would rather go hungry than risk harming their prefect credit rating. A good example is a guy I will call Seth. Seth has perfect credit. He has worked to keep perfect credit for the last 12 […]

Should I Continue Paying My Credit Cards During A Utah County Short Sale?

Utah County UT – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul’s Question. “I am selling my house as a short sale. I am behind on the mortgage payments. Do you think I should still pay my credit cards?” Paul. Discover how other sellers successfully did a short sale to […]

Utah County Short Sales: Why Lenders Back Off When Threatened With Bankruptcy

Utah County UT – Bankruptcy is one of the scariest words a lender can hear. A bankruptcy filing can stall their ability to foreclose by 6 months, and sometimes as long as a year. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The lenders know that most bankruptcies […]

How To Get Your Loan Mod Approved When Negotiating With A Local, Utah County Lender

Utah County UT – In my opinion, loan mods are very tough to negotiate with large lenders like Bank of America, Wells Fargo, JP Morgan Chase, or SunTrust. The reason is because you are treated like a number. In addition, in most cases the lender doesn’t own your loan. Someone else does. So when they […]

Utah County Short Sales: Even The Rich Are Being Foreclosed

Utah County UT – This is good news or bad news, depending on how you look at it. Here is the good news. If you are a little guy having financial problems, then you are not alone. Even Billionaires are being foreclosed on. One billionaire real estate developer in Florida had several projects foreclosed on. […]