Category Archives: Mortgage Relief

Borrower Eligibility and Time Requirements for New Loan after default

Posted on February 3, 2010 by Jeremy

Conventional Financing – Fannie/Freddie Foreclosure/Short Sale/Deed-in-Lieu – 4 years must have elapsed – If more than 4 years but less than 7, you can only do a purchase of a primary residence and you must have a 680 middle FICO … Continue reading →

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Distressed Property Guide

Posted on January 24, 2010 by Jeremy

Good document to read if you are needing some help figuring out terms in the distressed property world Distressed Property Guide

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11/24/2009 Ada County Notice of Sale and Notice of Defaults Posted

Posted on November 24, 2009 by Jeremy

The Notice of Sale and Notice of Defaults are out for the week.  For current market trends and past files to view and download.  Just click on the links below. Notice of Default  chart Notice of Sale chart Notice of … Continue reading →

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Notice of Default and Notice of Sale filings are up in Ada County!

Posted on November 17, 2009 by Jeremy

The Notice of Default and Notice of Sale filings are out for the week ending 11-16-2009.  click the links below to see the trends and to download the current list of NOD’s and NOS’s.  Have a great week! Notice of … Continue reading →

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Foreclosure related transactions in Ada County amount to 36% in resale numbers compared to 31% Nationally

Posted on August 22, 2009 by Jeremy

Download now or preview on posterous Ada County resale market report July 2009.xls (13 KB) Nationally the distressed sales are averaging around 31% of all transactions.  But if you focus in on some of the Florida, California, and Las Vegas … Continue reading →

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What is a Loan Modification

Posted on August 12, 2009 by Jeremy

What is a Loan Modification? A loan modification is much like a mortgage refinance in that the objective is to find you a more affordable mortgage payment for your financial situation. In fact, it is often called a modified refinance. … Continue reading →

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Why do banks take so long to approve a short sale?

Posted on August 7, 2009 by Jeremy

This question comes up over and over again from Realtors, homeowners and home buyers everywhere I go. A one sentence answer doesn’t exist for this question. If you truly want to know the answer to the question, “why” continue reading. This … Continue reading →

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