Search Results for defaulttag:searchlightcrusade.net,2024:/mt//feed/default2024-04-20T13:59:04ZMovable Type 4.21-en29129Debunking the "Record Wave of Foreclosures Coming" Mythtag:www.danmelson.com,2009://4.47132009-05-19T05:30:00Z2009-05-19T05:30:03ZDan Melsonhttp://www.searchlightcrusade.net/
Articles like this one: Foreclosures: 'April was a shocker' have gotten an awful lot of play in the media these last couple weeks. Here's what they're not telling you - or not explaining why it's important: This particular article...
New Consumer Article: Restricted Sale Property: Very Difficult to Find A Loantag:www.danmelson.com,2009://4.47012009-05-12T14:00:00Z2009-05-12T13:56:19ZDan Melsonhttp://www.searchlightcrusade.net/
The new consumer article for today is Restricted Sale Property: Very Difficult to Find A Loan. Before you make an offer on restricted sale property, know that your financing options are going to be very limited, and being able to...
New Consumer Article: Investment Property and Loan Qualificationtag:www.danmelson.com,2009://4.45482009-02-10T15:00:00Z2009-02-10T14:47:40ZDan Melsonhttp://www.searchlightcrusade.net/
The new consumer article for today is Investment Property and Loan Qualification. It has become exceedingly difficult to get credit for rental income when you apply for a new mortgage, with the upshot being that when the lender won't agree...
New Consumer Article: Why You Should Not Walk Away From Upside-Down Real Estatetag:www.danmelson.com,2008://4.43732008-10-21T14:00:00Z2008-10-21T14:08:28ZDan Melsonhttp://www.searchlightcrusade.net/
Today's new consumer article is Why You Should Not Walk Away From Upside-Down Real Estate. You shouldn't, if there is any alternative. Doing so takes a theoretical loss on paper and turns it into something concrete with real world consequences....
New Consumer Article: When Loan Modification Will Not Help, or Is Not Appropriatetag:www.danmelson.com,2008://4.43712008-10-20T14:00:00Z2008-10-20T13:55:17ZDan Melsonhttp://www.searchlightcrusade.net/
Today's new consumer article is When Loan Modification Will Not Help, or Is Not Appropriate, in which I write about the major situations where trying for a mortgage loan modification will not help you....
New Consumer Article: "Buy and Bail" or Buying One Home Before Foreclosure on Anothertag:www.danmelson.com,2008://4.43192008-09-25T14:00:00Z2008-09-25T13:44:14ZDan Melsonhttp://www.searchlightcrusade.net/
Today's new consumer article is "Buy and Bail" or Buying One Home Before Foreclosure on Another, describing lender response to what has become a widespread phenomenon, as people think they are somehow saving themselves money try to defraud lenders in...
What Happens To Equity During and After Foreclosure?tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.32272008-06-22T14:00:00Z2008-06-22T15:26:23ZDan Melsonhttp://www.searchlightcrusade.net/
"what happens to your equity when the bank forecloses" was a question I got. The answer is that most, if not all, will be dissipated by the foreclosure. Let's say you own a home currently valued at $500,000, that you...
California's Home Equity Sales Contract Acttag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.32242008-06-18T14:00:00Z2008-06-18T13:12:45ZDan Melsonhttp://www.searchlightcrusade.net/
A while ago a reader gave me a heads up that Illinois HB 4050 was hurting residents of certain poverty stricken Illinois Zip Codes. Now I have to pick on our own state: California law generally requires special handling of...
The Best Way to Avoid Default and Foreclosuretag:www.danmelson.com,2008://4.40372008-05-19T14:00:00Z2008-05-19T13:48:06ZDan Melsonhttp://www.searchlightcrusade.net/
We got behind on house pymts & it was sent to an attorney for foreclosure.? The attorney has printed a notice in our paper on Oct 9 that it will go up for public action on Nov.16th. We found out...
Selling to Avoid Foreclosure in a Buyer's Markettag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.32012008-05-17T14:00:00Z2008-05-17T15:25:18ZDan Melsonhttp://www.searchlightcrusade.net/
Found this on a public forum I need help to stop foreclosure on my home. I need to sell quickly? I am a couple months behind on my payments and want to sell now. I am not looking to make...
Undisclosed Short Salestag:gockel.hmdnsgroup.com,2006:/~searchli/danmelsonsite//4.31552008-03-21T14:00:00Z2008-03-21T13:53:50ZDan Melsonhttp://www.searchlightcrusade.net/
What happens if a home you signed to purchase goes into foreclosure before the closing date? We were supposed to close on a home four months ago. On the day of closing we get a call from the seller's...
Dealing With Looming Forclosure - Get Out of Denialtag:www.danmelson.com,2008://4.38092008-01-29T15:00:00Z2008-01-29T14:46:00ZDan Melsonhttp://www.searchlightcrusade.net/
Last week, I got a call from a hard money lender, asking what I could to to "rescue" one of his clients by refinancing. He was being about as altruistic as a drowning man. What he really wanted was...
Foreclosures - A Good Investment?tag:gockel.hmdnsgroup.com,2006:/~searchli/danmelsonsite//4.30772008-01-02T15:00:00Z2008-01-02T14:15:32ZDan Melsonhttp://www.searchlightcrusade.net/
Well, sometimes. Okay, most of the time. But not always. Foreclosures: Bargain hunters beware! Myth no. 1: A big spike in foreclosures is right around the corner... ...That's because in most of the country, anyone who has owned a home...
Buyer's Basic Guide to The Foreclosure Market and REOstag:gockel.hmdnsgroup.com,2006:/~searchli/danmelsonsite//4.30582007-12-20T15:00:00Z2007-12-20T14:54:07ZDan Melsonhttp://www.searchlightcrusade.net/
I've written articles on when you can't make your mortgage payment and how to react if you see foreclosure coming in time to do something about it, and even on Short Payoffs, but all of those are owner (seller) oriented....
Condo Assessmentstag:www.danmelson.com,2007://4.36982007-11-29T15:00:00Z2007-11-29T14:45:56ZDan Melsonhttp://www.searchlightcrusade.net/
I bought a condo in DELETED, CA. Zero down. For 7 months I paid every bill on time - mortgages, HOA and taxes until... The Homeowner's Association told us that we MUST pay a $20.500 special assessment. My realtor...
Do You Have to Lose Your Home in Bankruptcy?tag:www.danmelson.com,2007://4.36942007-11-27T15:00:00Z2007-11-28T14:10:36ZDan Melsonhttp://www.searchlightcrusade.net/
That was a question I was asked via email. The answer is "No." You don't have to lose your home in bankruptcy. I've done loans for many clients who kept their homes through bankruptcy. But they kept their mortgage payments...
Mortgage Foreclosure and Taking of Other Assetstag:www.danmelson.com,2007://4.35772007-10-18T14:00:00Z2007-10-14T23:05:20ZDan Melsonhttp://www.searchlightcrusade.net/
if our house is being foreclosed, can they take our retirement or make us sell our cars? we both have 2006 cars that are paid off. Can they take our cars or make us sell them to pay them...
Bankruptcy and Avoiding Foreclosuretag:www.danmelson.com,2007://4.35682007-10-12T14:00:00Z2007-10-12T01:15:44ZDan Melsonhttp://www.searchlightcrusade.net/
How do I keep my home after filing bankruptcy. The Mortgage company wants to foreclose? I want to know if there is anyway to keep the home even after filing chapter 7 bankruptcy. I want to know if there...
The "We'll Keep You In Your Property" Scamtag:www.danmelson.com,2007://4.35432007-10-03T14:00:00Z2007-10-03T13:52:46ZDan Melsonhttp://www.searchlightcrusade.net/
I've been aware of this scam for some time, but with a larger than normal number of people in foreclosure or otherwise at the end of their rope, it's probably past time to cover this. It is a pure scam...
Trying to Rehabilitate the Negative Amortization Loan - NOT!tag:www.danmelson.com,2007://4.35292007-09-26T14:00:00Z2007-09-26T14:02:01ZDan Melsonhttp://www.searchlightcrusade.net/
The negative amortization loan is a very popular loan with certain kinds of real estate agents and loan officers. It has two great virtues as far as they are concerned. First, it has a low payment, and despite the fact...