Foreclosure in Salisbury : Advice

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Michael Nolen, Real Estate Pro in Salisbury, MD
Is a Broker Price Opinion Jeopardizing Foreclosure Prevention Programs?Borrower’s seeking help with their mortgage may be jeopardized by a lender’s request for a Broker Price Opinion.During the… Read more
Blogged Fri May 30, 2014 by Michael Nolen Market Conditions Agent2Agent Foreclosure
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Michael Nolen, Real Estate Pro in Salisbury, MD
Stated Income Mortgages May Have Been a Contributing Cause the Collapse of the US Housing BubblePrior to the collapse of the US house bubble, borrower that had excellent credit received simplified advantage… Read more
Blogged Fri May 30, 2014 by Michael Nolen Market Conditions Agent2Agent Foreclosure
Michael Nolen, Real Estate Pro in Salisbury, MD
Now, the Approval to Participate Short Sale program has created some difficulties for borrowers facing foreclosure due to recent guideline changes for Federal Housing Administration (FHA) insured mortgages.Previously,… Read more
Blogged Thu May 29, 2014 by Michael Nolen Home Selling Agent2Agent Foreclosure
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Marilyn C Cu…, Real Estate Pro in Gainesville, VA
Marilyn C Cunningham answered:
Can I buy a home if I had a foreclosure in the past and when?
For a conventional loan in Virginia, you would need to wait 2 years and have at least 680 credit score with 20% down. An FHA loan would be 3 years.
1 vote Share Flag Fri May 9, 2014 Foreclosure in Salisbury
Michael Nolen, Real Estate Pro in Salisbury, MD
Home Loan After Short SaleWhen a short sale is an option, homeowners always want to know when they can qualify for a home loan after short sale.  A home loan after short sale is possible, but to get… Read more
Blogged Thu May 1, 2014 by Michael Nolen Home Buying Home Selling Foreclosure
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Michael Nolen, Real Estate Pro in Salisbury, MD
A MESSAGE TO OUR COMMUNITYWE NEED YOUR SUPPORTPRESS RELEASESalisbury, MarylandFrom:  Michael Nolen, Project ManagerTo the Members of the Maryland Eastern Shore Community:Foreclosure has threated the lives… Read more
Blogged Tue Apr 22, 2014 by Michael Nolen Agent2Agent Foreclosure In My Neighborhood
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Catherine Pu…, Real Estate Pro in Silver Spring, MD
Catherine Purcell answered:
How much is the house just listed ny Long & Foster, on Athol Road in Mardela Springs, MD?
Hello Desota,

If you would like to fund out if you qualify for this home or any other, I will be happy to run figures for you. Call me at 202 573-6035 or email me at catherinep@fair ... more
0 votes Share Flag Sat Aug 3, 2013 Foreclosure in Salisbury
Brandon Brit…, Real Estate Pro in Salisbury, MD
 Brandon Brittingham talks with  Laurie Maggiano of the US Treasury in the above video about foreclosure prevention How to keep your home from going to foreclosure I get this question from… Read more
Blogged Sat Jul 20, 2013 by Brandon Brittingham Home Selling Foreclosure Property Q&A
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Brandon Brit…, Real Estate Pro in Salisbury, MD
Wells Fargo Short Sale Process and Timeline 2013 Check out the video below for a description of the Wells Fargo Short Sale Process and Timeline for 2013 which talks about how to qualify for a Wells Fargo… Read more
Blogged Sat Jul 20, 2013 by Brandon Brittingham Agent2Agent Foreclosure Property Q&A
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Brandon Brit…, Real Estate Pro in Salisbury, MD
 In an attempt to help prevent more people from going to foreclosure, Bank of America has been beta-testing a pilot program called the cooperative short sale program for the last year and a half. The… Read more
Blogged Sat Jul 20, 2013 by Brandon Brittingham Agent2Agent Foreclosure Property Q&A
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Brandon Brit…, Real Estate Pro in Salisbury, MD
What is a Loan Modification: A loan modification is where the bank modifies your mortgage payment to a lower payment to try to help you continue to stay in the home. Most loan modifications are temporary… Read more
Blogged Mon Mar 12, 2012 by Brandon Brittingham Market Conditions Foreclosure Property Q&A
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Brandon Brit…, Real Estate Pro in Salisbury, MD
It seems that there is a significant amount of confusion when it comes to purchasing a short sale. There is a lot of confusion and misconception when it comes to these types of transactions, so below I… Read more
Blogged Mon Mar 12, 2012 by Brandon Brittingham Home Buying Foreclosure Property Q&A
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Brandon Brit…, Real Estate Pro in Salisbury, MD
Commonly Asked Foreclosure Questions Part 1: Since I get so many inquiries from consumers asking generally the same questions as it relates to foreclosures and short sales I have decided to do… Read more
Blogged Mon Mar 12, 2012 by Brandon Brittingham Home Selling Foreclosure Property Q&A
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Brandon Brit…, Real Estate Pro in Salisbury, MD
Acceptable Types of Hardship in the eyes of a bank when it comes to a short sale: Acceptable Types of Hardship in the eyes of a bank when it comes to a short sale: Seeing as one of biggest determining… Read more
Blogged Mon Mar 5, 2012 by Brandon Brittingham Home Selling Foreclosure Property Q&A
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Brandon Brit…, Real Estate Pro in Salisbury, MD
Four Qualifications for a short sale See below here are the basic qualifications for a short sale, I hear the question all the time " how exactly do I qualify for a short sale" Although there… Read more
Blogged Mon Mar 5, 2012 by Brandon Brittingham Home Selling Foreclosure Property Q&A
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Alma Rose Kee…, Real Estate Pro in Tampa, FL
Alma Rose Kee, P.A. answered:
Looking at a Maryland foreclosed REO house, half renovated handyman's special. House listed for 40 days. How long before it might go to auction?
Hi Patty,

Have you already seen the property?

Although it says it is only considering ALL CASH, if there isn't structural damage and the house can be brought into good func ... more
0 votes Share Flag Mon Dec 26, 2011 Foreclosure in Salisbury
Brandon Brit…, Real Estate Pro in Salisbury, MD
Foreclosures continue to plague the real estate market nationwide, Salisbury was recently mentioned as one of the top areas in Maryland with loans in default. Recent numbers show that over 9% of mortgages… Read more
Blogged Fri Nov 11, 2011 by Brandon Brittingham Market Conditions Home Buying Foreclosure
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Brandon Brit…, Real Estate Pro in Salisbury, MD
No, that is not a typo! Banks are now, more than ever offering more incentive for homeowners to participate in a Short Sale. Recently, I have seen Seller’s get up to $30,000 in relocation incentives… Read more
Blogged Fri Oct 28, 2011 by Brandon Brittingham Home Selling Foreclosure Property Q&A
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Joel Maher, Real Estate Pro in Salisbury, MD
I can describe what is going to happen with distressed properties in the near future with one word...AGGRESSIVE! Banks are really starting to move forward on homeowners who are not making their mortgage… Read more
Blogged Mon Oct 24, 2011 by Joel Maher Home Buying Home Selling Foreclosure
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Brandon Brit…, Real Estate Pro in Salisbury, MD
Was just featured on WBOC 16 about the proposed government foreclosure plan see video below.   Read more
Blogged Thu Aug 11, 2011 by Brandon Brittingham Home Buying Home Selling Foreclosure
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