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Entries for the ‘short sales’ Category

Up than down then the market is too slow

Most realize that the housing market in Minnesota went up a lot from about 2002 to 2006. Reports show from June 2006 through 2009, the Minnesota housing market went down $74,850. This put many home owners under water and over-financed. After homeowners realize they are under water they realize the market is [...]

Tidal Wave of Foreclosures on their way

If you spend any time reading the website www.patrick.net, you know that the housing market is only getting worse, and that we will likely see a wave of foreclosures for 3-10 more years at a very high rate. This is due to a number of circumstances. This includes ARM’s adjusting, FHA being considered the [...]

Feeling Stuck and Upside Down

Many home borrowers homes went down over the last few years.
We can show you research that shows MN homes went down $74,850 since June of 2006. Articles in the New York Times state 1 in 4 borrowers in America owe too much on their home. Based on these stats it’s clear that many [...]

I am giving myself 100 Reasons why I am selling and leaving my house behind

I am giving myself 100 Reasons why I am selling and leaving my house behind
1. I am selling, and leaving because I am realizing Homeowners lost $74,850 in equity since 2006!
http://mnhouse.notlong.com
2. I am selling, and leaving because I am likely the 1 in 4 borrowers owing too much
http://wallstreetjournalnews.notlong.com
3. I am selling, and leaving because [...]

Short Sale vs. Loan Mod

Think you owe too much on your mortgage?
Call 612-234-5502
Short Sale = Sell BEFORE 2012 = NO Taxes owed
Loan Mod = Sell AFTER 2012 = Big IRS Taxes Owed
Late IRS taxes = late fees,interest,penalties,liens,bank levies,wage garnishment
IRS tax law (ENDS in 2012)
http://irstax.notlong.com
We could buy your house AND negotiate the short sale!
Call 612-234-5502

WARNING!!! GIGANTIC IRS tax bill could haunt YOU after 2012!

WARNING!!! GIGANTIC IRS tax bill could haunt YOU after 2012!
With recurring late fees,high interest,penalties,liens,
levied bank accounts,wage garnishment,or worse!
IRS retiring helpful law, end of 2012!
http://irstax.notlong.com
FACT:1 in 4 homeowners owe too much on their house!
http://wallstreetjournalnews.notlong.com
FACT:Homeowners lost $74,850 in equity since 2006!
http://mnhouse.notlong.com
Solution:
We could buy and negotiate your house all in one!
Call Now!
612-234-5502

Bad loan the first time?

We often hear of homeowners trying to get loan modifications done for months and months, with tons of phone calls, faxes, emails, mail, etc only to not get the loan modification done.
Sellers become frustrated and tired of trying so hard. We often point out that the lender didn’t give you a good loan the [...]

Mortgage lenders pursue homeowners

http://money.cnn.com/2010/02/03/real_estate/foreclosure_deficiency_judgement/index.htm?source=patrick.net
Homeowners may be on the hook for the difference of what the house sold for at auction and what they owed on the house according to this article.
“deficiency judgments” are ticking time bombs that can explode years after borrowers lose their homes.”
“Because of falling home prices, borrowers who always paid their mortgage but who have [...]

Short Sale IS the #1 Solution

“7 Years of Bad Luck”
Today’s Date: January 31st 2016
Here in the year 2016, I realize that life and times have really changed in America.  I was thinking about my friend Bill today.  I remember back in 2010 how he came to me one day when he found himself between a rock and a hard [...]

Wait 60 years on equity, makes people walk!

http://www.nytimes.com/2010/01/10/magazine/10FOB-wwln-t.html
If you read this NY times article you’ll see that, for some, they have to wait up to 60 years to regain their equity, so some decide to do what’s called a strategic default, and just walk away because they feel it’s in their best interest.
Home sellers are starting to do voluntary defaults.  This article [...]