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  • How to Use a Short Sale to Stop Home Foreclosure and Protect Your Finances


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  • The Ultimate Guide to Short Sales and Foreclosures: Tips, Tricks and More


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    • short refinance FAQ

    Is it better to short sale or refinance your home?

    Mar 23, 2009 by Hitch | Posted in Renting & Real Estate

    With a bad economy and many homes being foreclosed is it better to refinance or short sale?

    On a short sale it does impact your credit in a negative way. Refinancing generally doesn't.

    Alterfemego | Mar 23, 2009

    Refi if you can get something that you can afford. If not, then go for a short sale before your credit is damaged.
    Obviousman | Mar 23, 2009

    Is short refinance working?

    Jun 10, 2008 by BM | Posted in Renting & Real Estate

    I'm planning to do a short refinance (get FHA loan and let lawyer to negotiate price reduction with a bank). Are banks doing price reductions? There are some companies doing this (ShortRefiMe), had anybody have experience with them?

    I'm in RE and short sells are a real pain. Ownes generally will accept just about anything and then the banks or lending institution take their sweet time getting back with their "no way". Everybody seems to lose out....Personally, I stay

    sloopy | Jun 10, 2008

    I'm in RE and short sells are a real pain. Ownes generally will accept just about anything and then the banks or lending institution take their sweet time getting back with their "no way". Everybody seems to lose out....Personally, I stay
    sloopy | Jun 10, 2008

    Anyone heard of a "short pay refinance" option on home mortgages? How does it work?

    Jan 31, 2009 by hotguyfromrincon | Posted in Renting & Real Estate


    No i haven't come across such quote this is the first time i'm hearing and that also from you pretty strange!!!
    http://www.4refinancemortgage.com

    Kenneth Q | Feb 03, 2009

    short refinance news

    Bank of America offers up to $30K for short sale

    18.05.12

    (MoneyWatch) Bank of America ( BAC ) is adding to its foreclosure prevention arsenal, according to a press release issued Tuesday by the lender. In the release, Bank of America announces the launch of a nationwide program that offers delinquent borrowers increased assistance with relocation expenses upon the completion of a qualifying short sale.


    Source: CBS News

    Mortgage Rates Today: Wells Fargo, PNC Bank and Bank of America Refinance ...

    18.05.12

    Borrowers, who can afford to refinance their existing loans, have a golden opportunity to do so, as mortgage rates in the United States stand at record-lows across the board.

    Mortgage-buyer, Freddie Mac reported this morning that most refinancers, who took advantage of ultra-low rates, were opting for fixed-rate mortgages. In the first quarter of 2012, 95% of refinancers opted for fixed rate loans, instead of choosing adjustable rate options.


    Source: Eastern Morning Herald

    President will focus on housing during trip to Reno

    18.05.12

    Nevada’s signature issue, housing, will be the featured item on President Barack Obama’s rather short agenda when he comes to Reno on Friday.

    Obama is promoting his recently unveiled “to do list” for Congress — a five-point plan touching on housing, clean energy, veterans and tax credits to incentivize job growth.


    Source: Las Vegas Sun

    short refinance about


    Real Estate: New FHA program offers relief for underwater homeowners
    Sparks Today - Apr 09, 2011 Jill Perry, Northern Nevada director of Consumer Credit Affiliates, recommends those interested in the FHA Short Refinance Program talk with a housing counselor to see whether it's the best option for them. "People need to get the facts from the right

    Underwater Refinancing Programs For Homes With Negative Equity–Home Affordable ...
    Red, White, and Blue Press - Apr 26, 2011 While there are plans like the FHA's short refinance program and various principal reduction efforts and home loan assistance plans from the Hardest Hit Fund, there are still issues that homeowners have when it comes to affordability in their home loan

    Ask a real estate pro: Underwater borrower should consider less traditional ...
    Sun-Sentinel (blog) - Apr 15, 2011 Ask a real estate pro: Underwater borrower should consider less traditional ... But I'd still call the lender and see if it will work with you on a loan modification or internal refinance. You may want to try to do a short refinance, in which your current lender agrees to accept less than it is owed and still lets you keep the

    Negative Equity And Refinancing For Homeowners–Can Principal Reductions Offer ...
    Red, White, and Blue Press - Apr 05, 2011 Negative Equity And Refinancing For Homeowners–Can Principal Reductions Offer ... Two of the major programs that homeowners may have access to when it comes to dealing with their underwater mortgage is the Making Home Affordable initiative and the FHA Short Refinance Program, but there are still issues and questions homeowners have

    Underwater Home Loan Assistance Options Through Refinancing And Principal ...
    Red, White, and Blue Press - Apr 12, 2011 Underwater Home Loan Assistance Options Through Refinancing And Principal ... As an example, when it comes to refinancing options, the FHA's short refinance program was implemented in September of 2010 in the hopes of providing principal reductions and refinancing options for homeowners who may be current on their mortgage