December 2009 - Posts

Is loan modification realistic?
15 December 09 07:24 AM | Christie Giannetto | 0 Comments   
Loan modification may be the best option if your monthly payments are more than you can afford, but you do not have significant negative equity in the property. Most loan modifications involve a temporary reduction in the monthly payment amount, called Read More...
What is a Short Sale?
14 December 09 02:41 PM | Christie Giannetto | 0 Comments   
Definition of a short sale: A short sale is the process of selling a property for less than what is currently owed on the loan(s) and negotiating with the lien-holder(s) to accept the proceeds of the sale and forgive or settle the remaining debt (deficiency Read More...