Comments for Foreclosure.com Blog

Comment on Short sales, mortgage debt relief act deadline and scary tax bills in 2013 by Brad Chandler

Brad Chandler — Thu, 02 Feb 2012 16:42:28 +0000

Frank, I agree completely. If a homeowner needs to act sooner rather than later, there is always the option of finding a company to buy your home for cash. Sometimes taking that kind of a loss is a better option than the drawn out process of a foreclosure or short sale. If you really need to sell a house, then find a company like Express Homebuyers in the DC metro region.

Comment on Foreclosure.com Scholarship Program returns in 2012 by Linda

Linda — Wed, 25 Jan 2012 19:17:35 +0000

Thank you Omni for your kind comment! It’s exciting every year!

Comment on Short sales, mortgage debt relief act deadline and scary tax bills in 2013 by Frank Rizzo

Frank Rizzo — Wed, 25 Jan 2012 16:41:03 +0000

That’s an excellent point and one the media does not pick up on. Unless there is a push to extend this tax credit, double whammy rules will be in effect. If homeowners are underwater, the time to act is now.

Comment on The $1,500 short sale incentive for sellers by Federal Trade Commission

Federal Trade Commission — Mon, 23 Jan 2012 05:57:19 +0000

I think the banks are trying to save money for themselves in the end. A homeowner who allows a foreclosure, instead of a short sale, will typically cost the lender $50,000. I have paid a contractor tens of thousands of dollars to fix a $100,000 home just to make it marketable.

Comment on Foreclosure.com Scholarship Program returns in 2012 by Omni Chaparala

Omni Chaparala — Sat, 14 Jan 2012 16:46:37 +0000

This is a noble thing you are doing. There are less scholarships nowadays and you are actually giving a valuable scholarship for students who have merit. That is good news.

Comment on Terrell Owens unloads Dallas condo in short sale to avoid foreclosure by Al Hardymon

Al Hardymon — Mon, 02 Jan 2012 14:58:25 +0000

You would think that someone you have made more than $100 million dollars in the past few years could somehow avoid doing a short sale. Either it is poor financial management or he is just “working” the system. My guess he is working the system.

Comment on Terrell Owens unloads Dallas condo in short sale to avoid foreclosure by roy reese

roy reese — Sat, 17 Dec 2011 06:55:26 +0000

idiot

Comment on Video: Burning down the (foreclosure) house in Calaveras County, California by Theo

Theo — Thu, 01 Dec 2011 17:00:34 +0000

That was good news they were not arrested but the elderly couple still in a bad situation. And maybe the children should have stepped in and stop them from sending the letter. Who knows ? I still think there should be a better way for all!!

Comment on Foreclosures: Start searching sooner rather than later by Jim Sparkman

Jim Sparkman — Sun, 27 Nov 2011 09:54:37 +0000

Very very resourceful and helpful newsletter this month! I am a first time “stumbler” onto your blog and I must say, I am very happy with the “content” and overall “material” and I will definitely be referring some of my clients and potential clients over here to “brush up” on their overall knowledge of short-sales, foreclosure purchase, rent to own (RTO), and many of the other topics that you very thoroughly covered in this months newsletter. Very nicely done again.

Comment on Adverse possession: Man claims ownership of $300,000 foreclosed home in Texas, pays just $16 (Video) by Grant Short

Grant Short — Fri, 21 Oct 2011 22:39:18 +0000

If anyone has a nearly flawless way of obtaining ownership legally like this I am very interested. I’m not interested in becoming a slum lord. But owning a home like this to just to make an example of how decayed the system really is due to the curruption of the banking institutions would be well worth it even for 6 months to a year.