I have been receiving a lot calls lately from people who want a loan modification. As you know, attorneys, and others in the business, can no longer charge an up front fee for a modification. This means that many homeowners…
Posts Tagged With: short sale
California Debt Blog: Good news for short sales
There is finally some good news in California for people trying to get a short sale approved. SB 306 puts in the following requirements: 1. A lender only has 21 days to approve a short sale once it receives a…
California Debt Blog: Credit Score Impact: Short Sale versus Foreclosure
People ask me about the difference between a short sale and a foreclosure as it impacts their credit score frequently. There are no hard and fast rules. It depends on your situation. However, here are some guidelines: A short sale…