by cgilles | Oct 21, 2019 | b-Distress Sales, b-Foreclosure, b-Short Sales, b-Upside Down, Blog
Whether you are the buyer, seller, lender or borrower, you want the assurance that no funds or property will change hands until ALL of the instructions in the transaction have been followed.
In California, the escrow holder has the obligation to safeguard the funds and/or documents while they are in the possession of the escrow holder, and to disburse funds and/or convey title only when all provisions of the escrow are in compliance.
by cgilles | Jan 22, 2013 | a-South Bay, b-Distress Sales, b-Foreclosure, b-Short Sales, b-Tips, b-Upside Down, Blog
The New York Times published this … If you are considering a loan modification or a short sale, you will need to proved a HARDSHIP LETTER. Writing the “hardship letter” Homeowners having trouble paying their mortgage are often required to write a hardship letter...
by cgilles | Jul 9, 2012 | a-Hermosa Beach, a-South Bay, b-Distress Sales, b-Foreclosure, b-Short Sales, b-Upside Down, Torrance
Sorry to hear that you or someone you know is in financial and/or mortgage distress. And you really want to keep your home. So you check the local newspapers and online ads. And they say … “I can keep you OUT OF Foreclosure and you get to KEEP your home!...
by cgilles | Mar 9, 2012 | a-El Segundo, a-Hermosa Beach, a-Long Beach, a-South Bay, b-Distress Sales, b-Foreclosure, b-Short Sales, b-Upside Down, Manhattan Beach, Redondo Beach, Torrance
SHORT SALES: TOP 9 MYTHS DEBUNKED! I have been doing short sales for 3 years. All of my short sale listings have closed and the sellers have avoided foreclosure. But there is some confusion .. so here are some answers to clarify what you may or may not know about...