Category Archives: Breaking News
Maine Short Sale Vlog: Qualify for mortgage after a short sale – no wait time!
Most people don't realize that a Maine short sale seller can qualify for a mortgage immediately after completing the sale. A few criteria must fit: Seller must not have been late on the mortgage or any consumer debts within a … Continue reading
Foreclosures in pipeline likely to speed up in wake of robo signing settlement
Portland, Maine – Homeowners who lost their homes to questionable foreclosures from 2008-2011 may be eligible for $2,000 — not much consolation. Much has been reported about the recent robo signing settlement reached by attorneys general last week. The simple … Continue reading
Short Sell a Maine residence in 2012 or pay taxes on deficiency as the Mortgage Debt Relief Act expires at year end
The time to sell your underwater home in Maine is now! The article is relevant to Maine Short Sales – call with any questions. The clock is ticking for homeowners to walk away from underwater houses without paying any taxes … Continue reading
Credit Cards and Short Sales: TIP OF THE DAY
Credit Card Charge Offs can haunt you if you ignore the law suit Maine Short Sale Realtor, Marty Macisso has the tools to FIX the problem Answer the lawsuit, don't let the creditor win Default Judgment Writ of Execution … Continue reading
Owning more affordable than renting
By NICK TIMIRAOS Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a … Continue reading
Bank of America offering up to $20,000 to some homeowners as Short Sale incenctive
Bank of America, the nation's largest mortgage servicer, is offering Florida homeowners up to $20,000 to short sale their homes rather than letting them linger in foreclosure. The limited time offer has received little promotion from the Charlotte, N.C.-based bank, … Continue reading
Bank of America’s getting help to hurt homeowners in high places
What's the worse than Bank of America acting as if it deserves immunity from all its bad foreclosure behavior? A presidential administration that agrees. President Obama's administration is putting pressure on New York Attorney General Eric T. Schneiderman to give into … Continue reading
Federal foreclosure initiative involves renting foreclosed homes
A federal initiative to have investors buy and rent out thousands of government-owned homes to prevent foreclosures is drawing cautious optimism locally. The intent is to help stabilize falling home prices, particularly in neighborhoods hit by foreclosures. Local real … Continue reading
Buying Maine Short Sales: Understanding the Short Sale Addendum will make or break your deal!
This is a new era, a new day and age of Maine Real Estate negotiation. One aspect to the Real Estate transaction is Contract Negotiation. When a homebuyer and seller agree to a purchase price and general terms, this is laid … Continue reading
