Category Archives: HAFA

Deficiency: shortage, deficit… or paying back what you owe…

Posted on November 27, 2011 by Mirjam

The majority of people who buy a home need a mortgage or a loan. The home is yours, you pay the mortgage back over the life of the loan. When you sell the home you pay off the remainder of … Continue reading →

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60% of all Foreclosed Homeowners….

Posted on April 10, 2011 by Mirjam

On March 29th, Alex Charfen from the CDPE Institute did a webinar with Rick Sharga from RealtyTrac – the leading online market place for foreclosed properties. Besides the fact that foreclosure activity has increased on a year-over-year basis for 52 … Continue reading →

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Loan Fraud and Short Sale Fraud

Posted on January 23, 2011 by Mirjam

An article in the SF Chronicle caught my attention this morning : 10 indicted in Calif. alleged real-estate scheme. When money was cheap and pretty much everyone could get  mortgage, the so called ‘golden years’ (they were not golden by … Continue reading →

Posted in Disclosures, HAFA, Making Home Affordable, Short Sale, Sonoma County info | Leave a comment

Short Sales and every changing guidelines

Posted on January 9, 2011 by Mirjam

This week there were 2 interesting updates: BofA is going to announce a major change in the way they work with agents. They are changing their systems to approve short sales within 2 weeks of an offer. Currently I am … Continue reading →

Posted in Foreclosure, HAFA, Making Home Affordable, Sellers, Short Sale, Visit WineCountry, Wine Tasting | 1 Comment

Loan Modification, just in name?

Posted on October 3, 2010 by Mirjam

Do you know people  who have been living in their house for a few years now without paying their mortgage? Wondering when something is going to happen? Well I see the trend changing. Recently I have been talking to home … Continue reading →

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A short sale is a dignified solution…

Posted on September 9, 2010 by Mirjam

With   millions of homeowners struggling to pay their mortgages, you or someone you know may need the best information on what steps to take next. Before deciding this, it’s important to understand the consequences of and alternatives to foreclosure. … Continue reading →

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Walking away from your house?

Posted on May 17, 2010 by Mirjam

Jamie Lee More wrote a great blog today. Should a home owner who is underwater on their house walk away/do a strategic foreclosure. This means a homeowners is able to keep up their payments however doesn’t want to because their … Continue reading →

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It’s all about HAFA:

Posted on April 18, 2010 by Mirjam

HAFA, HARP, HAMP all acronyms for government programs for distressed home owners. These programs have seen some major changes and there are still a lot of details to be figured out. Bottom line: a loan modification is doable but is … Continue reading →

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