Boston Metro North Real Estate

18 Jeffery Lane, Haverhill MA 01832-  Sold $160,000 2 Bed, 1.5 Bath, 1240 square feet- Townhouse Last week we were able to close on this townhouse last week.  The transaction was a short sale and required lien holder approval form the first lien holder, New York Mortgage Trust and the second lien ...

For many homeowners a short sale is the last option before foreclosure.  When a bank is considering a short sale they aren't doing it just because the seller is upside down on their home.  They are generally looking for a financial hardship to justify doing the short sale.  The hardship letter and the financial package basically ...

Another Dracut MA Short Sale Successfully Closed  Short Sales can be a complicated real estate transaction.  My Short Sale team and I just successfully closed another short sale in Dracut Massachusetts. This particular home required short sale approval from three parties.... the 1st Lien Holder, the ...

I just successfully completed a successful short sale transaction for 22 Redgate Road in Dracut Massachusetts.  Wells Fargo was the first lien holder as well as the second lien holder. Sold for $325,000 If you are facing foreclosure, call Kevin at 978-360-0422 to discuss your options.  Don't wait, be proactive, you have several ...

Great potential for this home needing TLC. Homes in the neighborhood selling for much more. Excellent neighborhood setting on a side street that is close to town and Route 95/128. Master bedroom on its own level. Very spacious finised lower level for family room/ play area. Eat-in Kitchen and dining room. Newer driveway. Sprinkler system. ...

Seth Wheeler, Senior Advisor to the Treasury Department, is indicating that the Obama administration will take a closer look at foreclosures and deed in lieu of foreclosure as a solution to homeowners that are in a financially distressed situation.   It appears loan modification have not worked in the way the administration was hoping ...

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 sales, a Deed in Lieu of Foreclosure, the terms need to be negotiated with the bank. ...

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 that they owe way more money on their home than it is worth. The banks ...

If you no longer are able to make the payments on your house and you have exhausted all possibilities such as loan modifications, deferred payments and such... consider a short sale, do not let the bank take your home through foreclosure. When it comes to your home being in a pre-foreclosure situation remove the emotion and use common ...

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 statement2 years of W'2's Last 2 paycheck stubsLast 2 months of your checking and savings bank statementsLast quarter ...