Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 24

Struggling to Make Your Mortgage? Let Uncle Sam Pay You to Sell

by Nate Martinez

Struggling to Make Your Mortgage? Let Uncle Sam Pay You to Sell

When the housing market crashed in 2008, millions of homeowners suddenly found themselves in danger of losing their homes to foreclosure. To help these homeowners, in 2009 the U.S. Treasury launched the Making Home Affordable (MHA) program, which is comprised of several subprograms designed to help distressed homeowners avoid foreclosure.

One of the most talked about elements of the MHA program is the Home Affordable Foreclosure Alternatives program, or HAFA. The HAFA program creates options for homeowners who owe more on their mortgage than the property is worth and don't know what to do. Even better, it allows relocation assistance of $3,000 to be paid to eligible homeowners in this situation.

I have created a report that outlines all the details of the HAFA program in easy to understand language. To download the report, visit my website www.AZShortSaleResource.com.

As a Certified Distressed Property Expert (CDPE), I am specially trained to help homeowners in distress, and I can help you find the best solution to your situation. Contact me for a free, confidential consultation, using the contact information below.

Nate@NatesHomes.com
602-942-7000

Congress Renews Critical Homeowner Relief Program!

by Nate Martinez

Congress Renews Critical Homeowner Relief Program! 

As part of the tax bill to address the "fiscal cliff," Congress passed an extension of the Mortgage Forgiveness Debt Relief Act of 2007, pushing the expiration date to December 31, 2013.

The extension of this act comes as welcome news to the millions of homeowners facing foreclosure. For another year, qualifying homeowners can escape overwhelming mortgages without paying taxes on mortgage debt forgiven during the process.

If you or someone you know is facing foreclosure, you can learn more about this act and the options available to you in my report titled "Attention: Distressed Homeowners! Congress Renews Critical Homeowner Relief Program."

To download the report, visit my website http://azshortsaleresource.com/

As a Certified Distressed Property Expert (CDPE), I am specially trained to help homeowners in distress, and I can help you find the best solution to your situation. Contact me for a free, confidential consultation, using the contact information below.

Nate Martinez
RE/MAX Professionals
www.NatesHomes.com
602-942-7000
Nate@NatesHomes.com

Why the Banks Will Give You Cash

by Nate Martinez

Why the Banks Will Give You Cash

Since the beginning of the foreclosure crisis, millions of homeowners have found themselves pinned in by their financial circumstances and chained to a mortgage on which they owe more than their home is worth. In the past, homeowners enduring these challenges had very few options, and most would either be forced to lose their home to foreclosure.

Today, however, there are more options. The government and the banks have created a multitude of programs and foreclosure alternatives that can help people in these circumstances find a dignified solution for their problems without crippling their financial future. These options include loan modifications, refinancing, or short sales.

The most amazing development in today's market, however, is one simple fact: Banks are now willing to give cash to homeowners to sell the home they can't afford.

If anyone you know may need my help, please have them visit my website http://azshortsaleresource.com for a copy of my recent report entitled "Short Sale Incentives: Why Banks will Give You Money to Sell the Home You Can't Afford."

And then contact me for a confidential consultation. Nate

602-942-7000
www.NatesHomes.com

Mortgage Debt Relief Act - Expiring Soon!

by Nate Martinez

Mortgage Debt Relief Act - Expiring Soon!

In 2007, the Mortgage Debt Relief Act was passed in an attempt to help the millions of homeowners who, due to the housing crisis and economic crash, suddenly found themselves in danger of losing their home to foreclosure.

The act has helped many distressed homeowners find solutions to avoid foreclosure and opened up options to them that were previously unavailable.

The Mortgage Debt Relief Act, however, was only intended to be a temporary solution and is now set to expire at the end of 2012. While there is a bill in Congress that could extend the act, it is unclear whether it will pass. In the mean time, homeowners who wait to take advantage could find themselves saddled with thousands of dollars in tax liability.

If anyone you know may need my expertise, please have them visit my website at www.AZShortSaleResource.com for a copy of my recent report entitled "Congress Closing the Door on Debt Relief."

And then contact me for a confidential consultation. I look forward to hearing from you soon - Nate

Short Sale vs. Foreclosure: Who Wins?

by Nate Martinez

Short Sale vs. Foreclosure: Who Wins?

How does a short sale impact a consumer’s future? With a short sale, there is no actual way the debt is reported to the credit agencies. This means, if a homeowner is able to negotiate a short sale without missing a payment, they may be able to apply for an FHA loan immediately.

On the other hand, a foreclosure includes months of missed payments and court proceedings that are all reported to the credit agencies – and a foreclosure will stay on your credit report for a period of seven years. To learn more about the advantages of a short sale verses a foreclosure, please visit me online at www.AZShortSaleResource.com.

Claim Your Ticket to Freedom

by Nate Martinez

Claim Your Ticket to Freedom 

In the news, there is alot of talk about the housing recovery. Experts feel more optimistic about the state of housing industry in America. However, if you or someone you know is one of the millions of homeowners who is stuck with a home on which you owe more than the property is worth, the feeling of helplessness can be overwhelming and frustrating.

Many people don't realize that just because they are in danger of losing their home to foreclosure doesn't mean they have to wait around to be kicked out. With help, they can take matters into their own hands.

CLAIM YOUR TICKET TO FREEDOM!

As a Certified Distressed Property Expert (CDPE), I make it my business to know all of the ins-and-outs of the options that are available for people who are in danger of losing their homes and help the challenges head-on.

If anyone you know may need my expertise, please have them visit my website for a copy of my recent report entitled, "Your Ticket to Freedom from Mortgage Frustration." Then, have them contact me for a free, confidential consultation to go over their options.

It’s Time for a New Start

by Nate Martinez

It’s Time for a New Start

If you or someone you know has recently been through a short sale and would like to own a home again, I have great news! It used to be that a short sale meant you couldn’t buy a home again for several years, unless of course you had enough cash to buy it without a mortgage note.

I recently heard about a local credit union that is now offering a “New Start Program” for potential home buyers who have had a short sale in the last year. This is excellent news as it gives you an opportunity to not only own a home again, but to take advantage of the low prices and attractive interest rates. There are several qualifying factors:

1.)    The short sale must have happened six or more months ago

2.)    You must occupy the property as your primary residence

3.)    Purchase price must be between $75,000 and $800,000

4.)    80 percent maximum loan amount however 5 percent of your down payment can be gifted funds

If you are interested in qualifying for the “New Start Program” please contact me today. Don’t let your dream of homeownership be squashed by the past – it’s time for a new start.

Time is Running Out

by Nate Martinez

Time is Running Out

In 2007, the Mortgage Debt Relief Act was passed in an attempt to help the millions of homeowners who, due to the housing crisis and economic crash, suddenly found themselves in danger of losing their home to foreclosure.

The act has helped many distressed homeowners find solutions that help them avoid foreclosure and opened up options to them that were previously unavailable.

However, the Mortgage Debt Relief Act was always intended to be a temporary solution and it is now set to expire at the end of 2012. For distressed homeowners, this means that time is running out for them to take advantage of the program and save themselves tens of thousands of dollars.

If anyone you know may need my expertise, please visit my website for a copy of my recent report entitled "Time is Running Out: How the Mortgage Debt Relief Act can save you!" Then give me a call to discuss the alternatives available to avoid foreclosure - Nate

www.NatesHomes.com
602-942-7000

Escape Your Unmanageable Mortgage: Getting Free Doesn’t Have to Mean Running Away

It is not uncommon to hear a story on the news about a person who simply walked away from their home. A few years ago this was unheard of – today, it is what we call a Strategic Default. To the distressed homeowner who believes they have no other choice left, the idea of walking away free of consequences may sound like a relief. However, in reality a strategic default does have repercussions. There are better options available.

Benefits of a short sale:

  • Avoid foreclosure at no cost to you
  • Less long-term impact on your credit score
  • Protection for future security clearance
  • Retain some control over the sale of your property
  • Shorter waiting period to qualify for another mortgage

To learn more about short sales and the options available, please visit me online at www.AZShortSaleResource.com – you may download this month’s complimentary report entitled, “Escape Your Unmanageable Mortgage: Getting Free Doesn’t Have to Mean Running Away.” Then contact me for a confidential consultation. 602-942-700 or email at Nate@NatesHomes.com. I look forward to hearing from you soon. 

Short Sale Vs. Foreclosure

by Nate Martinez

Short Sale Vs. Foreclosure

Watch this video to learn key differences between a short sale and a foreclosure in today's local real estate market. To learn more about short sales, please visit my team online at www.AzShortSaleResource.com.

Displaying blog entries 1-10 of 24

Syndication

Categories

Archives

Thank you for visiting our website!