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What option best describes your foreclosure / short sale situation?

You do not presently own a home
15
30%
You do not see a foreclosure in your future
14
28%
You have decided to let your home go to foreclosure
6
12%
You have already completed or still working on a real estate short sale
10
20%
You have completed or will try to do a loan modification
5
10%
 
Total votes : 50

Please Answer Our Real Estate Poll

Postby aguilar » Thu May 22, 2008 12:10 am

Many people feel like they are the only one going through a difficult situation. I wanted to run a anonymous poll asking people about their current home ownership situation. As more time goes on and more and more people answer this question it will be surprising to see how many people are going through a difficult situation. :shock:
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Re: Please Answer Our Real Estate Poll

Postby jackmorris » Thu Jul 03, 2008 9:29 pm

aguilar wrote:Many people feel like they are the only one going through a difficult situation. I wanted to run a anonymous poll asking people about their current home ownership situation. As more time goes on and more and more people answer this question it will be surprising to see how many people are going through a difficult situation. :shock:



I think that foreclosure is really difficult to tackle.
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Re: Please Answer Our Real Estate Poll

Postby howiee » Mon Feb 09, 2009 8:16 am

I have a home with a $960,000 construction loan. the lender won't convert citing that listing the property was a violation of the loan agreement yet there is no language in the documents reciting this. The lender will not give any affirmative reasons though i think they (Wachovia) are having trouble selling notes in this range. I also am struggling to get an offer over $600k in todays market......any suggestions
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Re: short sales

Postby howiee » Mon Feb 09, 2009 8:19 am

Is it wise to always ask for a complete release in a short sale? what if the lender refuses.....then what
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Re: Please Answer Our Real Estate Poll

Postby ezhomeloans » Sat May 23, 2009 8:59 am

the option to list a property for sale or then to short sale it is to the "OWNER" of record, the Lenders dont like this because they are the ones to come SHORT on the pay, to bad, they started this mess with their adjustable loan rates, so be it...as soon the property is in your name , YOU can sale it or do what ever , if you dont pay it goes to foreclosure and who looses , THE LENDER..that is my opinion. ;)
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Re: short sales

Postby ezhomeloans » Sat May 23, 2009 9:03 am

well if the LENDER refuses, what can he do???? the house is for sale???? the house is not paid, so it foreclosures ha ha ha and then what ???? he LOSES ! ! !!!! any way.... :?:
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Re: Please Answer Our Real Estate Poll

Postby prettyimpress » Thu Sep 09, 2010 2:46 am

No matter how difficult the situation you are going through, there will be people worse than you. Never lose hope.
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Re: Please Answer Our Real Estate Poll

Postby smithmarz » Tue Nov 02, 2010 6:16 am

I think that foreclosure is really difficult to tackle.
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Re: Please Answer Our Real Estate Poll

Postby aguilar » Tue Nov 02, 2010 8:28 pm

smithmarz wrote:I think that foreclosure is really difficult to tackle.

No question about it!
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Re: Please Answer Our Real Estate Poll

Postby goodyphilips » Mon Jan 03, 2011 8:40 am

aguilar wrote:Many people feel like they are the only one going through a difficult situation. I wanted to run a anonymous poll asking people about their current home ownership situation. As more time goes on and more and more people answer this question it will be surprising to see how many people are going through a difficult situation. :shock:

Yeah could not agree with you more, even after 2 years situation has not changed much.
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