The Obama Administration’s Making Home Affordable Program includes opportunities to modify or refinance your mortgage to make your monthly payments more affordable. If you are struggling to make your mortgage payments you should watch this video: http://www.youtube.com/makinghomeaffordable#p/u/1/wieAk15SE3c After watching the video, contact your lender to see if a mortgage refinance or modification is right forContinue reading “Struggling to make your mortgage payments?”
Tag Archives: foreclosure
Under water? Can’t afford your mortgage payments anymore? Short Sale as Foreclosure Avoidance Tool best for some Homeowners
According to yesterday’s issue of the Puget Sound Business Journal, about 16 percent of all residential properties with mortgages were in negative equity at the end of the year in Washington State. Negative equity means the homeowner owes more on the home than the home is worth. This can occur because of a decline inContinue reading “Under water? Can’t afford your mortgage payments anymore? Short Sale as Foreclosure Avoidance Tool best for some Homeowners”
Houses for Pennies on the Dollar? Really?
Many buyers have heard that Seattle real estate is more affordable than ever. Yes, prices have dropped quite substantially but when I hear people saying or I read articles about “Houses for Pennies on the Dollar” I get a little perturbed. We have had a few people contact us with unrealistic expectations about what theyContinue reading “Houses for Pennies on the Dollar? Really?”
Kerstin G. Brooks, Broker 