Category Archives: Press Releases

News on Maine Short Sale industry

Maine short sale news | No more Mortgage Insurance approval needed ! | Marty Macisso short sale specialist

No more Mortgage Insurance approval needed ! | Marty Macisso short sale specialist A major breakthrough in short sale progress has been a recent agreement between mortgage investors Fannie Mae and Freddie Mac with 9 of the major mortgage insurance … Continue reading

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Frequently asked questions for buyers of Maine Short Sales

  Many people in the market today are first-time home buyers who would not have been able to buy when home prices were higher. Enticed both by lower prices and bank promotions, these eager hopefuls are have taken the signs … Continue reading

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Short Sales, 1099-C and the tax man…

Its tax time again, yippie do, right? Well if you have completed a Short Sale in the past year you will get a very important form from the mortgage company that allowed the sale….THAT YOU CANNOT IGNORE. The 1099-C is … Continue reading

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Loan Modifications and the HAFA program

You dont have to pay a Lawyer thousands of dollars to stop foreclosure and apply for a loan modification. You can do it yourself if you have some time, patience and a little help from your local Realtor. The Home … Continue reading

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Loan Modification, HAFA and Traditional Short Sale options

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BANK OWNED Cape, South Portland, built 2000, nice fenced yard, across from high school – $175,000 or b/o

  98 Washington Ave  South Portland, ME 04106 Open concept living/kitchen, 1075 SF, 1ST flr master bdrm ,2nd bdrm upstairs could be converted to 3rd bedroom by adding 1 wall.Large maincured yard with irrig.in place. huge shed,possibility of expansion or … Continue reading

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Rural Development loans offer 4.5% and NO down payment and loose credit standards for buyers

  Here's the Real Estate Report brought to you by me:  Home sales down about 25% compared to this time last year thanks to expiration of tax credit + 14 months of inventory of existing homes on the market + … Continue reading

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How to get a foreclosure removed from your credit

Yes you can do it, but it takes some work on your part and a little credit bureau ignorance helps too. Often times a short sale might report on the Credit Bureau as a Foreclosure Initiated, because the borrower likely … Continue reading

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HAFA program stops foreclosure and gets the seller $3000!

FOR IMMEDIATE RELEASE Portland, Maine, United States of America (Free-Press-Release.com) August 23, 2010 – (August 23, 2010) FOR IMMEDIATE RELEASE PORTLAND, ME – Homeowners who owe more on their mortgage than their house is currently worth and who are facing … Continue reading

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