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How to …

How to Buy a Foreclosure at Auction in Wake County Read more »

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We’ve all heard the saying that ‘Bad things sometimes happen to good people’. If you have ever owned a home and have experienced both the pride of homeownership and the correlated sentiment of shame for …

How Long do I have to Wait for a Mortgage after Short Sale or Foreclosure? Read more »

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A two-year waiting period is permitted if extenuating circumstances can be documented. Divorce is NOT an extenuating circumstance!

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Bank of America Customer Service

After a few weeks of the multiple times per day barrage of phone calls from Bank of America I attempted to resolve this by calling them myself. The colossal comedy of incompetence a person has to suffer in order to get a straight answer from Bank of America is deplorable! As a Mortgage Loan Officer with nearly 15 years of experience speaking the language of mortgage lenders I can only imagine how impossible this experience is to someone without similar experience.

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These days there seems to be no shortage today of people or politicians angry at mortgage companies.  Most however tend to be  customers of the nations five largest mortgage servicers; Bank of America, Wells Fargo Home Mortgage, JP Morgan Chase & Ally Financial. The source …

The Trouble With Trial Mortgage Loan Modifications Read more »

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Because of the plethora of natural disasters across the country it occurred to me that there may be a lot of Buyers and Sellers whose purchase or sale or mortgage refinance has been delayed for reasons they simply do not understand. This post is intended to be an …

FEMA Declared Disaster Area – Loan Application in Process Read more »

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Unlike Scotty however, most people although they have heard the term SHORT SALE they really don’t know what the term means so here is a very basic explanation that I tried out on Bella (my six year old daughter) and although it bored her to tears, even she understood it.

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Here is a very funny but sadly somewhat true account in some cases of what was and is now occurring in the mortgage industry. From the man who brought us Bankster v. Deadbeat Debate… Now he sends this… Greetings …

Untangling the Foreclosure Mystery (via Foreclosure Fraud – Fighting Foreclosure Fraud by Sharing the Knowledge) Read more »

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North Carolina homeowners who are struggling to make their mortgage payments due to job loss or temporary financial hardship. For qualified homeowners, the fund can provide an interest-free loan of up to $36,000 to pay your mortgage and other related expenses for up to 36 months.

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