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Wednesday, December 16, 2009 11:25 AM

Alternative to the foreclosure process- Deed in Lieu of Foreclosure

A Deed in Lieu of Foreclosure rather than a foreclosure might be an alternative for home owners in financial distress. A Deed in Lieu of Foreclosure is when the home owner voluntarily agrees to sign the deed over to the mortgagee (Bank). Similar to short
Posted by Kevin Vitali | 0 Comments
Tuesday, November 24, 2009 12:55 PM

Home Buyers and the Foreclosed Home- Deal or No Deal!!

There is a lot of news media how bank owned properties (also called Foreclosed, REO) are on the rise. Many buyers are out sorting through these foreclosed home to find the deal of the century. Is a foreclosed home really a deal? Maybe is the true answer.
Posted by Kevin Vitali | 0 Comments
Tuesday, June 23, 2009 2:54 PM

Deed in Lieu of Foreclosure vs. a Short Sale

A Deed in Lieu of Foreclosure can be a great alternative to look into before considering a short sale. Basically a Deed in Lieu of Foreclosure is where the owner of the property voluntarily agrees to sign the deed over to the bank. Like a short sale,
Posted by Kevin Vitali | 0 Comments
Monday, June 01, 2009 1:34 PM

Short Sales and the Hardship

I recently have had a few people contact me after about doing a short sale on their home. They have tried to modify their loan and they were disappointed with the results. They then stop paying their mortgage thinking they will do a short sale. They feel
Posted by Kevin Vitali | 0 Comments
Thursday, April 23, 2009 2:17 PM

What is the Short Sale Process?

The short sale process combines a documentation process and the listing process. The docementation process is much like a loan in reverse. Your short sale specialist will need the following items: Last mortgage statement 2 years of W'2's Last
Posted by Kevin Vitali | 0 Comments
Tuesday, April 14, 2009 8:52 AM

Foreclosure Assistance by Town in Massachusetts

I have run across a great list of non-profit organizations that offer free foreclosure help. They will counsel you on your situation and help you decide a course of action for your situation. This is a great place to start out to see what your options
Posted by Kevin Vitali | 0 Comments
Thursday, April 02, 2009 8:50 AM

Foreclosure Prevention Workshops

Just ran across this information that might be useful to people in danger of foreclosure It is a little last minute to find out about the workshops, but it may be worth the trip. Friday, April 3, 2009 2:00 p.m. - 8:00 p.m. Registration closes at 7:00
Posted by Kevin Vitali | 0 Comments
Wednesday, April 01, 2009 3:26 PM

Did you get the Foreclosure Notice? or know its on its way?

If your looking at foreclosure, you need to know there are several options to foreclosure. Do not let the bank take your home through foreclosure. Foreclosure should be the last resort. Situations vary from homeowner to homeowner, and there is no one
Posted by Kevin Vitali | 0 Comments