RE/MAX Advisors

Completing a Short Sale in MI is one of the most difficult real estate transactions in all of Southeastern Michigan real estate. It is important to know that the company and team you hire to complete this process for you have expertise in this area.

This question of how long one must wait to qualify to buy a home after a short sale or foreclosure is one many prospective Michigan homeowners are asking now.

Bank of America is willing to pay borrowers up to $30,000 for moving expenses to short sale their house. I doubt that many homeowners will receive $30,000.

Qualifying Bank of America borrowers could receive anywhere from $2,500 to $30,000 in cash upon the close of a short sale. The amount of assistance provided under the new program is determined on a case-by-case basis.

The mortgage industry is buzzing about HARP 2, revamped federal Home Affordable Refinance Program. Some are predicting it will trigger the biggest refi boom of the decade. But will it really help homeowners whose loans are deeply underwater?

Strategic default: “The decision by a homeowner to let a home go into foreclosure, even though they have the ability to continue making payments.”

I was going through a divorce and the only thing left from the marriage was to sell the house. We had tried to sell our house for a year with no success until we called Rick Giese www.MIForeclosureHelp.com

A divorce is often messy. It may even be messier when the two splitting parties have a joint mortgage on the property.

Another common type of loan that does not usually have a deficiency is a VA loan.

The most common type of loan that does not usually have a deficiency is an FHA loan.