Tag-Archive for ◊ Foreclosure ◊
If you are a Hawaii Homeowner facing foreclosure you must read this! |
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| If you are a homeowner in Hawaii, you need to be aware of recent changes in the process here.
This is an overview of the law from the Honolulu Board of Realtors. Please get an lawyer if you are going to go through this process, and make sure he or she is familiar with the new law. |
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As more and more Americans face mortgage foreclosure, banks’ crucial ownership documents for the properties are often unclear and are sometimes even bogus, a condition that’s causing lawsuits and hampering an already weak housing market. Scott Pelley reports. |
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Don’t go it alone, I can help! |
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| I have just earned the prestigious Certified Distressed Property Expert® (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales. At a time when millions of homeowners are struggling with the possibility of foreclosure, the skills and education amassed by me will help benefit Oahu area residents and communities.
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| Short sales allow the distressed homeowner to repay the mortgage at the price that the home sells for, even if it is lower than what is owed on the property. With plummeting property values, this can save many people from foreclosure and even bankruptcy. More and more lenders are willing to consider short sales because they are much less costly than foreclosures. | |||
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Alex Charfen, co-founder and CEO of the Distressed Property Institute in Austin, Texas, said that “Agents such as Biz Kellam with the CDPE Designation have valuable perspective on the market, and training in short sales that can offer homeowners real alternatives to foreclosure, which can be devastating to credit ratings. These experts better understand market conditions than the average agent, and can help sellers through the complications of foreclosure avoidance.” |
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