Shawn

Sellers Category

Check Out Your Roof Before You Sell Your Home!

Discontinued Shingles Can Be A Problem! Do you have a roof with T-Lock shingles? If so, there may be issues when you try to sell your home. Hail or wind damage that has not been addressed will show up when the buyer does their inspection.  T-Lock shingles have been discontinued. They are no longer being made so a small repair is not possible. This means that the roof must be totally replaced. Insurance may not cover the replacement and the balance...Continue Reading!

How Long Do You Have to Wait to Buy a Home Again After a Short Sale?

Answer: It Depends Read below for a list of loan scenarios. It is definitely better to do a short sale than to just let your home go into foreclosure. Even if you have already been notified that the bank is going to foreclose there still may be time to sell your home and avoid the ramifications of a foreclosure on your credit report. Conventional Fannie Mae: After only 2 years with an 80% LTV ratio (Loan to Home Value), 4 years with...Continue Reading!

More Options for Colorado Springs Homeowners in Trouble

Can I do a Loan Modification? Possibly. Keep in mind though that this process is dependent on may variables determined by your mortgage lender. First of all, visit your lenders web site to see if they offer loan modifications. They will list the steps required to modify the loan. The problem sometimes occurs when the lender tells the homeowner that it will be no problem to lower the monthly payment and then at the end of the process, the promises made...Continue Reading!

What if I can’t make my mortgage payments?

Good Question! This is a common question that I hear all the time. There is no simple answer. The thing to know first is that if you miss a payment, the bank is not going to foreclose immediately.  Foreclosure is a lengthy process and costs lenders a lot of money so they don’t want to have to foreclose on their borrowers. If you act quickly, you will have time to make an informed decision. Can I make a partial payment? (more...)Continue Reading!

Why is my home not selling?

In the real estate market today I hear this a lot! In the old days all you had to do was list with any agent who would put your home in the MLS and then wait a few weeks for an offer. News flash! Those days are gone. Things are different now. Read below for some answers and help in this difficult market. (more...)Continue Reading!

Feel like you are playing Real Estate Survivor?

Outwit, Outlast, Outplay Are you feeling like you are about to be voted off the Real Estate island? you are not alone. Lots of people are having the same thoughts these days! (more...)Continue Reading!

Need to Sell Fast? We Can Help!

What should you do if you need to sell your home fast? What if you need cash in a few days so you can move? We have a solution. eSaleHomes Realty is working with a group of investors who have funds available to buy homes quickly. How does this work? The home owner needs to contact us for a 5-10 minute consultation about the home, the situation and the timeline for a move. After that, the specifics can be evaluated...Continue Reading!

Falling Behind in Your House Payments?

If you are one of millions of home owners in the USA who are struggling to keep up with house payments, there are solutions for the problem! The key is having a bit of knowledge and be willing to seek help. (more...)Continue Reading!

Bank of America Worst Record For Loan Modifications

No surprise here! This chart from The Business Insider shows recent activity for the major US loan servicers for loan modifications.  It just so happens that my servicer, (more...)Continue Reading!

Colorado Springs Short Sale Help

Real Help! Many Colorado Springs home owners are under great stress right now while trying to stay current with their mortgage. Home values have dropped considerable in many parts of the city leaving those who need to sell their homes in a real bind! We Have A Solution! Our office has cash buyers waiting to buy homes in Colorado Springs right now! (more...)Continue Reading!