MN Short Sale Help for HomeownersFREE Foreclosure & Short Sale Help! Call Today....http://foreclosurehelpmn.info5Woodbury MN Short Sales: What if I feel my short sale negotiator is deceiving me?http://foreclosurehelpmn.info/1602189/2011/03/30/Woodbury-MN-Short-Sales-What-if-I-feel-my-short-sale-negotiator-is-deceiving-me.aspx<p><span style="font-size: medium"><span style="color: #800000"><span style="font-family: 'Arial','sans-serif'">Woodbury MN Short Sales: What if I feel my short sale negotiator is deceiving me?</span></span></span></p> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Woodbury, MN &ndash; Negotiating Woodbury MN short sales is tough. In my opinion, some banks are not making good financial decisions. &ldquo;We don&rsquo;t approve a file without your financials completely filled out,&rdquo; a bank negotiator says.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Bank negotiators tell you the numbers won&rsquo;t work when the investor guidelines actually say to &ldquo;approve&rdquo; the short sale. When your agent doesn&rsquo;t know who owns the loan (or their short sale guidelines), then the bank negotiators can lie to your agent and deceive you. They don&rsquo;t know any better. Let me show you an example.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx"><span style="color: purple">Find out how YOU can complete a successful MN Short Sale.</span></a></span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">The Metropolitan Home Team recently closed a short sale where the owner of the loan (Investor) was the Federal National Mortgage Association, also called Fannie Mae.</span></div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">The bank&rsquo;s appraiser said the home was worth $150,000. Because of prior experience with Fannie Mae Short Sales, I knew what they would accept as a percentage of the value. The short sale offer being presented would net them $4,000 more than that number.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">The negotiator, working for the servicer, countered. She said the buyers needed to pay even more for the house. We asked the buyers if they would raise their offer.</span></div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">They told us it was their highest and best possible offer. They had looked at a bunch of other homes for sale. If their offer wasn&rsquo;t accepted they already had another home in mind they would write an offer on.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Most agents don&rsquo;t know the guidelines for short sales. They would have taken the short sale negotiator at face value. As a result, the short sale would have been rejected.</span></div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">The buyer would have bought the other house and the seller would be at risk of losing the home to foreclosure.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Fortunately, we knew the short sale guidelines. Because we knew the numbers and the guidelines, we were able to push the negotiator for an approval. The file was approved and the Woodbury home sale closed 30 days later.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Thinking about a short sale? I can help you short sale your Woodbury home and never pay the bank another penny. Send me an e-mail at <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a> . I will contact you for a FREE No Cost, No Obligation consultation.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (952) 223-0999</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Discover how other sellers successfully completed a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><font color="#800080">Clicking Here</font></a>.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Thinking about a loan modification? Our FREE loan modification report has the answers you will need to get a loan modification approved with your bank. <a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Caution-Protect-Yourself-Against-Mortgage-Relief-Scams.aspx"><font color="#800080">Click Here for your FREE Report</font></a></span></div> <div>&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Woodbury real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many families as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Additional Suggested Reading</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a href="http://foreclosurehelpmn.info/1547451/2011/02/23/Burnsville-Mn-Short-Sales-Is-this-an-acceptable-offer-from-a-buyer-for-my-Minnesota-short-sale-property.aspx"><span style="color: purple">What is an acceptable offer from a buyer on my MN Short Sale?</span></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a href="http://foreclosurehelpmn.info/1547460/2011/02/23/Lakeville-MN-Short-Sales-Could-The-Realtor-You-Hire-Kill-Your-Short-Sale.aspx"><span style="color: purple">Understanding How hiring the wrong MN Short Sale Agent can land you in Foreclosure?</span></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a href="http://foreclosurehelpmn.info/1410555/2010/11/07/A-Deficiency-Judgement-After-My-Lakeville-MN-Short-Sale.aspx"><span style="color: purple; font-weight: normal">How to Prevent Paying a Short Sale Deficiency</span></a></span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><b><span style="font-family: 'Arial','sans-serif'; color: gray; font-size: 16pt">Metropolitan Home Team</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><b><span style="font-family: 'Arial','sans-serif'; color: red; font-size: 16pt">RE</span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">/</span></b><b><span style="font-family: 'Arial','sans-serif'; color: red; font-size: 16pt">MAX </span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">RESULTS</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Phone: 952.223.0999</span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">E-mail: <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Website: <a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><font color="#e51b1e">ForeclosureHelpMN.info</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><b><span style="font-family: 'Arial','sans-serif'; color: #333333; font-size: 18pt">Important Notice</span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim Murphy and Metropolitan Home Team are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a Woodbury loan modification kit.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">We do not recommend you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Since we know avoiding foreclosure is so important to any homeowner, we recommend you speak with the appropriate legal or tax advisor before making any decisions.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us a fee. We normally make a real estate sales commission for helping you complete a successful short sale.</span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Copyright 2011 Murphy Inc. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Tim Murphy&rsquo;s personal views and do not reflect the views of Metropolitan Home Team.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim Murphy specializes in helping Woodbury Mn Homeowners short sale and never pays the bank another penny. Woodbury Mn Loan Modification Help, Woodbury Mn Short Sales. Woodbury Mn Short Sale Realtor, Woodbury MN Realtors, Woodbury MN Realty, Woodbury MN Avoid Foreclosure, Stop Foreclosure Woodbury MN. MN Short Sales, MN Short Sale Realtor. MN Short Sales, MN Short Sale Realtor</span></div>Wed, 30 Mar 2011 17:59:08 GMThttp://foreclosurehelpmn.info/1602189/2011/03/30/Woodbury-MN-Short-Sales-What-if-I-feel-my-short-sale-negotiator-is-deceiving-me.aspxShort Sales MN: I thought a Forensic Loan Audit would work, but it didn’t?http://foreclosurehelpmn.info/1602186/2011/03/30/Short-Sales-MN-I-thought-a-Forensic-Loan-Audit-would-work-but-it-didn-t.aspx<p><span style="font-family: 'Arial','sans-serif'; color: #c00000; font-size: 14pt">Short Sales MN: I thought a Forensic Loan Audit would work, but it didn&rsquo;t?</span></p> <p><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">You must have heard about forensic loan audits? &nbsp;I&rsquo;ve heard people say how wonderful they are. <strong><span style="font-family: 'Arial','sans-serif'">&ldquo;Your lender will approve your short sale right away&rdquo;, claims one. </span></strong></span></p> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">&ldquo;Your lender is more likely to give you a loan modification after you discover they broke the law. Most lenders broke the law during the crazy lending period we experienced recently&rdquo;, claims another.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx"><font color="#800080">Find out how YOU can complete a successful MN Short Sale.</font></a></span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">A real estate agent told me this story about forensic loan audits. She worked with a woman who tried to short sales 2 homes. She knew they were short sales and was glad to list the homes for sale.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">There was a guy involved who was supposed to be doing all the &ldquo;negotiating&rdquo; with the seller&rsquo;s lender. Little did this agent know this guy was trying to flip the houses? This guy had a forensic loan audit done.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">He claims he paid foreclosure defense lawyers out of his own pocket. He did all this stuff in an attempt to force the lender to approve the short sale.</span></div> <div>&nbsp;</div> <div><strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The only problem was the lender didn&rsquo;t care.</span></strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> The short sale negotiators for the seller&rsquo;s lender were not going to approve these short sale offers so this guy could resell the home for a profit.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">&ldquo;We know this guy is trying to flip the house. We won&rsquo;t approve the short sale as long as he is doing that&rdquo;, they said.</span></div> <div>&nbsp;</div> <div><strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">This was despite the claims some have made that forensic loan audits will have lenders tripping over themselves to approve a short sale.</span></strong></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Please consider this story before you spend $800 to $1,000 on a &ldquo;Forensic Loan Audit.&rdquo; I am in the business and talk to homeowners facing foreclosure every day.</span></div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">I have only heard a few stories where a &ldquo;forensic loan audit&rdquo; made a difference to the lender. I&rsquo;m not saying they don&rsquo;t work. I just want to warn you to check them out before spending big bucks for one.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Considering a short sale? I can help short sale your property and never pay the bank another penny. Send me an e-mail at <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a>. &nbsp;I will contact you for a Free No Cost, No Obligation Consultation.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (952) 223-0999</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully completed a short sale and request a FREE consultation <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><font color="#800080">Click Here</font></a></span></div> <div>&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Minnesota real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many families as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white">&nbsp;</div> <div><strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Additional Suggested Reading</span></strong></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/1547451/2011/02/23/Burnsville-Mn-Short-Sales-Is-this-an-acceptable-offer-from-a-buyer-for-my-Minnesota-short-sale-property.aspx"><font color="#800080">What is an acceptable offer from a buyer on my MN Short Sale?</font></a></span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/1547460/2011/02/23/Lakeville-MN-Short-Sales-Could-The-Realtor-You-Hire-Kill-Your-Short-Sale.aspx"><font color="#800080">Understanding How hiring the wrong MN Short Sale Agent can land you in Foreclosure?</font></a></span></div> <div>&nbsp;</div> <div><strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/1410555/2010/11/07/A-Deficiency-Judgement-After-My-Lakeville-MN-Short-Sale.aspx"><span style="font-weight: normal"><font color="#800080">How to Prevent Paying a Short Sale Deficiency</font></span></a></span></strong></div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><b><span style="font-family: 'Arial','sans-serif'; color: gray; font-size: 16pt">Metropolitan Home Team</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><b><span style="font-family: 'Arial','sans-serif'; color: red; font-size: 16pt">RE</span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">/</span></b><b><span style="font-family: 'Arial','sans-serif'; color: red; font-size: 16pt">MAX </span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">RESULTS</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Phone: 952.223.0999</span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">E-mail: <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Website: <a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><font color="#e51b1e">ForeclosureHelpMN.info</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #333333; font-size: 18pt">Important Notice</span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim Murphy and Metropolitan Home Team are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a Minnesota loan modification kit.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">We do not recommend you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Since we know avoiding foreclosure is so important to any homeowner, we recommend you speak with the appropriate legal or tax advisor before making any decisions.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us a fee. We normally make a real estate sales commission for helping you complete a successful short sale.</span></div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Copyright 2011 Murphy Inc. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Tim Murphy&rsquo;s personal views and do not reflect the views of Metropolitan Home Team.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt; background: white"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim Murphy specializes in helping Minnesota Mn Homeowners short sale and never pays the bank another penny. Minnesota Mn Loan Modification Help, Minnesota Mn Short Sales. Minnesota Mn Short Sale Realtor, Minnesota MN Realtors, Minnesota MN Realty, Minnesota MN Avoid Foreclosure, Stop Foreclosure Minnesota MN. MN Short Sales, MN Short Sale Realtor. MN Short Sales, MN Short Sale Realtor.</span></div>Wed, 30 Mar 2011 17:58:04 GMThttp://foreclosurehelpmn.info/1602186/2011/03/30/Short-Sales-MN-I-thought-a-Forensic-Loan-Audit-would-work-but-it-didn-t.aspxMinnesota Foreclosure or Short Sale, Bankruptcy vs Credit Counseling / Consolidationhttp://foreclosurehelpmn.info/1582869/2011/03/07/Minnesota-Foreclosure-or-Short-Sale-Bankruptcy-vs-Credit-Counseling-Consolidation.aspx<p><span style="color: #2d2d2d; font-size: 10pt">Hello ForeclosureHelpMn.info blog readers!!&nbsp; </span></p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Below is my credit repair guru.&nbsp; John is the best of the best when it come to taking people from a 450, 520, 580 to a 640 or better credit score and getting them back into a home.&nbsp; If you have any questions I have gotten permission from John to have any of my ForeclosureHelpMn.info blog followers e-mail John a question and he will provide you with the answer(s) you need.&nbsp; Don't try to do it all yourself. Get help and make repairing your credit fast and easy....</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Thanks John, for the write up below...</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">&nbsp;Hello there blog fan, or by now it seems as though I have fans! As the beat goes on with the world of credit I often get asked what will a foreclosure do to my credit, is a short sale better? The simple answer is it will destroy it, there is no magic to it. THE SCOOP, if you are one who took the 30, 60, 90 day late to get the short sale authorized then continue to make your payments until your property sells you will see much less of an impact. However if you let the property go, 30, 60, 90, 120, 150, 180, days the obvious answer is it gets beat up. But you say, John I sold my property in the redemption period, ha ha! I'm good aren't I? My friends, great job on the sale but the damage is already done and even if it says account paid, settled for less than full balance it still looks like a foreclosure with all those late payments on your credit, sorry. I do feel if you can sell it, in MOST cases my opinion is to sell it. Always consult with your Real Estate Professional and don't forget your Tax Professional.<br /> <br /> Bankruptcy VS Credit Counseling / Consolidation companies. First and foremost I am not an attorney, if bankruptcy is on your mind I have great attorneys for you to consult in this matter. I'm speaking from a credit stand point. Here we go friends, you can recover faster from filing bankruptcy than consolidating your debt in most cases taking less of a hit to your credit. Down side, it is harder to qualify for bankruptcy these days. Here is the skinny of credit counseling, they consolidate your debt and make payments for you. If you are sending them $400 a month, almost half of that goes to them until their fee is paid. When they spread out your payments to your creditors you are not going to make minimums in a lot of cases. That means you are going to be taking late payments on your credit. Chew on this piece of fat; if it takes you 2-3 years to pay your debt off, it will take another two years to get your credit back. 4-5 years total for this process. Bankruptcy, you can be looking pretty good again in 6 months and not have the debt. Not all the credit counseling companies work this way, but most of them do. I could go on and on, however I won't. If you have specific questions, you know where to reach me. I'm always around.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><i><span style="color: red; font-size: 10pt">John M. Hudson</span></i></b><b><i><span style="color: red; font-size: 10pt"><br /> </span></i></b><b><i><span style="color: red; font-size: 10pt">President/Owner</span></i></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><i><span style="color: red; font-size: 10pt">Red </span></i></b><b><i><span style="color: #333333; font-size: 10pt">Phoenix Consulting</span></i></b></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><i><span style="color: #333333; font-size: 10pt">E: </span></i></b><b><span style="color: #333333; font-size: 10pt">john@redphoenixco.com</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: red; font-size: 10pt"><br /> </span><b><i><span style="color: red; font-size: 10pt">O: 651.964.3766</span></i></b></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <p><b><i><span style="line-height: 115%; color: #333333; font-size: 12pt">C: 651.592.0489</span></i></b></p>Mon, 07 Mar 2011 15:36:09 GMThttp://foreclosurehelpmn.info/1582869/2011/03/07/Minnesota-Foreclosure-or-Short-Sale-Bankruptcy-vs-Credit-Counseling-Consolidation.aspxLakeville MN Short Sales: Could The Realtor You Hire Kill Your Short Sale?http://foreclosurehelpmn.info/1547460/2011/02/23/Lakeville-MN-Short-Sales-Could-The-Realtor-You-Hire-Kill-Your-Short-Sale.aspx<p><span style="font-size: medium"><strong><span style="color: #993300">Lakeville MN Short Sales: Could The Realtor You Hire Kill Your Short Sale?</span></strong></span><span style="color: red; font-size: 10pt"> </span></p> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Lakeville MN &ndash; The biggest reason people Lakeville MN short sale is to avoid foreclosure. Homeowners cannot afford their home anymore and their bank has said they will foreclose soon.</span></div> <div><span style="color: #2d2d2d; font-size: 10pt">If a short sale is not successful, then your lender will foreclose on the house. We at the Metropolitan Home Team have successfully closed 100+ short sales over the past 5 years.</span></div> <div>&nbsp;</div> <div style="margin: 0in 0in 10pt; background: white"><span style="line-height: 115%; color: #2d2d2d; font-size: 10pt"><a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx">Learn how other sellers conducted an Lakeville MN short sale to avoid foreclosure</a></span></div> <div><span style="color: #2d2d2d; font-size: 10pt">&nbsp;We&rsquo;ve made it our mission to know what we are doing. But, we see many Lakeville Minnesota agents who have no clue about short sales (the short sale process) or how listing short sales works.</span></div> <div>&nbsp;</div> <div><strong><span style="color: #2d2d2d; font-size: 10pt">This gives short sales a bad name.</span></strong><span style="color: #2d2d2d; font-size: 10pt"> Many agents have been involved in short sales where the listing agent didn&rsquo;t know what they were doing. The listing agent didn&rsquo;t keep the buyer&rsquo;s agent let alone the buyer informed on what is going on. The listing agent didn&rsquo;t educate the buyer&rsquo;s agent on the process and what to expect. This leaves a buyer who is stressed, confused and wondering, &ldquo;Is this really how short sales work?&rdquo;</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Because of the listing agents lack of communication the short sale wasn&rsquo;t successful and the buyer&rsquo;s agent and their client wasted their time. In the future they are going to think twice before showing a short sale. This hurts other short sale sellers. This mean buyer&rsquo;s agents will deter their buyer from looking at a short sale let alone actually writing an offer and waiting for 60-120 days to hear back from the bank. </span></div> <div>&nbsp;</div> <div><strong><span style="color: #2d2d2d; font-size: 10pt">It really gets on my nerves that people who don&rsquo;t know what they are doing can ruin it for everyone else.</span></strong><span style="color: #2d2d2d; font-size: 10pt"> If you are thinking about short selling your home, make sure you hire a competent, experienced short sale agent.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">***A competent, experienced Lakeville MN short sale agent will be successful 80-90% of the time on all short sales they take on.***</span></div> <div>&nbsp;</div> <div><strong><span style="color: #2d2d2d; font-size: 10pt">Here are a few things that agent should avoid. </span></strong></div> <div>&nbsp;</div> <div><strong><span style="color: #2d2d2d; font-size: 10pt">1. Submitting multiple offers to the short sale lender. </span></strong><span style="color: #2d2d2d; font-size: 10pt">Only the best offer should be submitted. A confused mind says NO. Most short sale negotiators have between 50 and 200 short sale files on their desk.</span></div> <div><span style="color: #2d2d2d; font-size: 10pt">To ask them to weigh the benefits of 3 short sale offers on just one of those 50 files is probably more than their brain can handle. No, I&rsquo;m not saying their brain is stupid.</span></div> <div><span style="color: #2d2d2d; font-size: 10pt">It&rsquo;s just that a human brain can only handle so much information before it stops working.</span></div> <div>&nbsp;</div> <div><strong><span style="color: #2d2d2d; font-size: 10pt">2. Realtors submitting incomplete paperwork to the short sale lender.</span></strong><span style="color: #2d2d2d; font-size: 10pt"> There is a method to follow. Every good short sale realtor understands stacking order, and the importance of easy to read paperwork.</span></div> <div>&nbsp;</div> <div><strong><span style="color: #2d2d2d; font-size: 10pt">3. Submitting low offers to the lender. </span></strong><span style="color: #2d2d2d; font-size: 10pt">All this does is waste time. If a lender is not likely to accept the offer, then don&rsquo;t waste 45-60 days negotiating it with them.</span></div> <div><span style="color: #2d2d2d; font-size: 10pt">Get an offer at (or near) fair market value and submit that to the short sale lender. That helps avoid wasting everyone&rsquo;s time.</span></div> <div><span style="color: #2d2d2d; font-size: 10pt">Thinking about a short sale?</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">I can help you short sale your property and never pay the bank another penny. Send me an e-mail at <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a>. I will contact you for a Free No Cost, No Obligation Consultation.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (952) 223-0999</span></div> <div><span style="color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully completed a short sale and request a free consultation by <a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: #4294ad">clicking here</span></a></span></div> <div>&nbsp;</div> <div style="margin: 0in 0in 10pt; background: white"><span style="line-height: 115%; color: #2d2d2d; font-size: 10pt">Thinking about a loan modification? Our Lakeville loan modification kit has the instructions you will need to get a loan modification approved with your bank. <a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><span style="line-height: 115%">Click here to get your FREE Copy</span></a></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Tim is a local Lakeville Mn real estate agent @ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a FREE No Cost, No Obligation Consultation. My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by </span><span style="color: #2d2d2d; font-size: 10pt"><a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a></span><span style="color: #2d2d2d; font-size: 10pt">.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by </span><span style="color: #2d2d2d; font-size: 10pt"><a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a></span><span style="color: #2d2d2d; font-size: 10pt">.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><span style="color: gray; font-size: 16pt">Metropolitan Home Team</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: navy; font-size: 16pt">Website: </span><span style="color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><font color="#e51b1e">ForeclosureHelpMN.info</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Tim Murphy specializes in helping Lakeville Homeowners short sale and never pays the bank another penny. Lakeville Loan Modification Help, Lakeville Short Sales. Lakeville Short Sale Realtor, Lakeville Realtors, Lakeville Realty, Lakeville Realtor. Lakeville Short Sales, Rosemount Short Sale Realtor. Farmington Short Sales, Eagan Short Sale Realtor.</span></div> <div>&nbsp;</div> <div>&nbsp;</div> <div>&nbsp;</div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Copyright 2011 Murphy Inc. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">The views expressed here are Tim Murphy&rsquo;s personal views and do not reflect the views of the Metropolitan Home Team or Re/Max Results. This information onLakeville MN Short Sales: Could The Realtor You Hire Kill Your Short Sale? is provided as a courtesy to our viewers to help them make informed decisions.</span></div> <div style="margin: 0in 0in 10pt">&nbsp;</div>Wed, 23 Feb 2011 23:37:22 GMThttp://foreclosurehelpmn.info/1547460/2011/02/23/Lakeville-MN-Short-Sales-Could-The-Realtor-You-Hire-Kill-Your-Short-Sale.aspxApple Valley MN Short Sales: How To Get A Short Sale Lender To Waive Your Deficiency Clausehttp://foreclosurehelpmn.info/1547457/2011/02/23/Apple-Valley-MN-Short-Sales-How-To-Get-A-Short-Sale-Lender-To-Waive-Your-Deficiency-Clause.aspx<p><span style="font-size: large"><strong><span style="color: #800000"><span style="font-family: 'Arial','sans-serif'">Apple Valley MN Short Sales: How to Get a Short Sale Lender To Waive Your Deficiency Clause</span></span></strong></span></p> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Apple Valley MN &ndash; The Metropolitan Home Team received a question from Ryan. Here is Ryan&rsquo;s Question.</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">&ldquo;I just received a full price&nbsp;offer on my Apple Valley Mn home. My main concern is I don&rsquo;t get stuck having to pay off a deficiency. I have a first and 2nd mortgage and owe 324,000 on my home.</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">How can I work this out so I can walk away from my Apple Valley Mn home without owing any money? Is it even possible with such a large difference between what the house is worth and what is owed? Ryan.&rdquo;</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/Mortgage-Crisis-Easier.aspx"><font color="#800080">See how other homeowners successfully sold their home using a short sale.</font></a></span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Here is the answer to Ryan&rsquo;s Question</span></strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">: Ryan, you need to read thru the short sale approval letter. See if it contains any language like &ldquo;Payoff&rdquo;, &ldquo;Forgiven&rdquo;, &ldquo;agrees to release the debt&rdquo;, or &ldquo;Release the right to a deficiency.&rdquo; </span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Have an attorney read it over to make sure it says the debt will be released. <strong><span style="font-family: 'Arial','sans-serif'">If it doesn&rsquo;t say the debt will be released, then you can re-negotiate to issue a complete release.</span></strong></span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">1. Request the deficiency is waived.&nbsp; Tell the lender you will not short sale your property unless they give you a complete release.</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">2. Show proof you cannot afford a deficiency payment. A debt from an absolutely broke person is worthless.</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">3. Show proof your lender will net more money from a short sale compared to a foreclosure. This is your agent&rsquo;s job to do. Your short sale realtor will put together a calculation showing how much the lender is netting from the short sale, and project what they would net from a Apple Valley Mn foreclosure.</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">If you cannot prove your income doesn&rsquo;t cover your bills, then you may need to look into other avenues. You can look into getting a forensic loan audit to see if the lender broke any lending laws on the loan. Thinking about a short sale?</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; background: yellow; color: #2d2d2d">I can help you short sale your home and never pay the bank another penny. Send me an e-mail at </span></span><span style="font-family: 'Arial','sans-serif'; background: yellow; color: #2d2d2d"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-size: small"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></span></a></span><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; background: yellow; color: #2d2d2d"> and ask about my Free No Cost, No Obligation Consultation.</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">When we talk, I will explain how the Apple Valley Mn short sale process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (952) 223-0999.</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Discover how other sellers successfully completed a short sale and request a free consultation by </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="font-size: small"><span style="color: #4294ad">clicking here</span></span></a></span><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div>&nbsp;</div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Thinking about a loan modification? Our Apple Valley Mn loan modification kit has the instructions you will need to get a loan modification approved with your bank. </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="font-size: small"><font color="#800080">Click here to get your copy.</font></span></a></span></div> <div>&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Thanks for reading this, Tim Murphy.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Tim is a local Apple Valley Mn real estate agent @ Re/Max Results.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Phone: (952) 223-0999.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">P.S. <span style="background: yellow">Please feel free to call or e-mail me anytime for a FREE No Cost, No Obligation Consultation. My goal is to help as many people as I can in 2011.</span></span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Get the tools you need for a successful loan modification by </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 12pt"><a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="font-size: small"><span style="color: navy">clicking here</span></span></a></span><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Discover how other sellers successfully did a short sale and request a free consultation by </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 12pt"><a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="font-size: small"><span style="color: navy">clicking here</span></span></a></span><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: small">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">View my homes for sale at </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 12pt"><a href="http://www.homesmn.info/InstantListings/"><span style="font-size: small"><span style="color: blue">www.HomesMN.info</span></span></a></span><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: small">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: navy">Tim Murphy</span></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small"><b><span style="font-family: 'Arial','sans-serif'; color: gray">Metropolitan Home Team</span></b></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small"><b><span style="font-family: 'Arial','sans-serif'; color: red">RE</span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy">/</span></b><b><span style="font-family: 'Arial','sans-serif'; color: red">MAX </span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy">RESULTS</span></b></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: navy">Phone: 952.223.0999</span></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: navy">E-mail: </span></span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 12pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-size: small"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></span></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: navy">Website: </span></span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 12pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-size: small"><font color="#e51b1e">ForeclosureHelpMN.info</font></span></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Tim Murphy specializes in helping Apple Valley Mn Homeowners short sale and never pays the bank another penny. Apple Valley Mn Loan Modification Help, Apple Valley Mn Short Sales. Apple Valley Mn Short Sale Realtor, Apple Valley Realtors, Apple Valley Mn Realty, Lakeville Mn Realtor. Lakeville Mn Short Sales, Rosemount Mn Short Sale Realtor. Farmington Mn Short Sales, Eagan Mn Short Sale Realtor.</span></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Copyright 2011 Metropolitan Home Team All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.</span></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: small">&nbsp;</span></div> <div><span style="font-size: small"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">The views expressed here are Tim Murphy&rsquo;s personal views and do not reflect the views of the Metropolitan Home Team or Re/Max Results. This information on Apple Valley Mn Short Sales: How to Get a Short Sale Lender To Waive Your Deficiency Clause? Is provided as a courtesy to our viewers to help them make informed decisions.</span></span></div>Wed, 23 Feb 2011 23:15:36 GMThttp://foreclosurehelpmn.info/1547457/2011/02/23/Apple-Valley-MN-Short-Sales-How-To-Get-A-Short-Sale-Lender-To-Waive-Your-Deficiency-Clause.aspxApple Valley MN Short Sales: What is a BPO?http://foreclosurehelpmn.info/1547454/2011/02/23/Apple-Valley-MN-Short-Sales-What-is-a-BPO.aspx<p><span style="font-size: medium"><span style="color: #993300"><span style="font-family: &quot;Arial&quot;,&quot;sans-serif&quot;">Apple Valley MN Short Sales: What is a BPO?</span></span></span><span style="font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; color: red; font-size: 10pt"><o:p></o:p></span></p> <div><span style="color: #2d2d2d; font-size: 10pt">Apple Valley MN &ndash; have you been researching Apple Valley MN short sales, then you have probably heard the term &ldquo;BPO&rdquo; and wondered what it meant.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">BPO stands for <b>B</b>roker&rsquo;s <b>P</b>rice <b>O</b>pinion. A Broker&rsquo;s Price Opinion is when a licensed real estate agent provides their opinion on the value of a property.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">The BPO value is what lenders use to process a short sale. Most short sale approvals or denials are based a real estate agents BPO value.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">The agent goes thru all recent sales of properties similar to the subject property they are valuating. An agent&rsquo;s goal is to find the 3 closest comparable home sales within a 1 to 2 mile radius.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt"><a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx">Learn how other sellers conducted an Apple Valley MN short sale to avoid foreclosure</a></span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Minnesota realtors are looking for the most recent sales because, the more recent the sale the more accurate that comparable is in determining the subject properties value. The same goes for properties which are close geographically (in the same neighborhood is preferred) and close in size, number of bedrooms and baths.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Most Minnesota agents are not appraisers. Because an appraiser&rsquo;s license is required to appraiser properties they give their opinion of the value. Now, I&rsquo;m sure you are wondering,&rdquo; Why do the lenders use these rather than an appraisal?&rdquo;</span></div> <div>&nbsp;</div> <div><strong><span style="color: #2d2d2d; font-size: 10pt">Here is why.</span></strong><span style="color: #2d2d2d; font-size: 10pt"> Many people think BPO&rsquo;s are more accurate of a valuation than an appraisal. Agents are more in tune with exactly what a property can sell for. Not what the properties so called value might be. Because we all know, something&rsquo;s true value is only what someone else is willing to pay.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">After all, whatever opinion of value an Apple Valley real estate agent provides for a property is usually supposed to be backed up later by a sale at that price. That causes agents to be more accurate with their valuations.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">That accuracy is why the lenders use local Minnesota real estate agents valuations rather than an appraisal. Thinking about a short sale?</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">I can help you short sale your property and never pay the bank another penny. Send me an e-mail at <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a>. I will contact you for a free No Cost, No Obligation Consultation.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (952) 223-0999</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully completed a short sale and request a free consultation by <a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: #4294ad">clicking here</span></a>.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Thinking about a loan modification? Our Apple Valley loan modification kit has the instructions you will need to get a loan modification approved with your bank. <a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx">Click here to get your FREE Copy</a></span></div> <div>&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Tim is a local Apple Valley Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><span style="color: gray; font-size: 16pt">Metropolitan Home Team</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: navy; font-size: 16pt">Website: </span><span style="color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><font color="#e51b1e">ForeclosureHelpMN.info</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Tim Murphy specializes in helping Apple Valley Homeowners short sale and never pays the bank another penny. Apple Valley Loan Modification Help, Apple Valley Short Sales. Apple Valley Short Sale Realtor, Apple Valley Realtors, Apple Valley Realty, Apple Valley Realtor. Lakeville Short Sales, Rosemount Short Sale Realtor. Farmington Short Sales, Eagan Short Sale Realtor.</span></div> <div>&nbsp;</div> <div>&nbsp;</div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">Copyright 2011 Murphy Inc. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.</span></div> <div>&nbsp;</div> <div><span style="color: #2d2d2d; font-size: 10pt">The views expressed here are Tim Murphy&rsquo;s personal views and do not reflect the views of the Metropolitan Home Team or Re/Max Results. This information on Apple Valley Short Sales: What is a BPO is provided as a courtesy to our viewers to help them make informed decisions.</span></div>Wed, 23 Feb 2011 23:14:35 GMThttp://foreclosurehelpmn.info/1547454/2011/02/23/Apple-Valley-MN-Short-Sales-What-is-a-BPO.aspxBurnsville Mn Short Sales: Is this an acceptable offer from a buyer for my short sale property?http://foreclosurehelpmn.info/1547451/2011/02/23/Burnsville-Mn-Short-Sales-Is-this-an-acceptable-offer-from-a-buyer-for-my-Minnesota-short-sale-property.aspx<p><span style="font-size: large"><strong><span style="color: #800000">Burnsville Mn Short Sales: Is this an acceptable offer from a buyer for my short sale property?</span></strong></span></p> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Burnsville Mn &ndash; Some buyers think since it is a buyer&rsquo;s market, they can make any crazy demand of a seller they want but, they can&rsquo;t understand why the seller isn&rsquo;t excited about their lowball offer.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Here is an example of a recent story where this happened. A buyer makes an offer on a short sale.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a href="http://foreclosurehelpmn.info/Mortgage-Crisis-Easier.aspx"><font color="#800080">Click here to find out how other home sellers successfully closed their short sale</font></a></span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">1. The buyer puts no money in deposit for the home. <strong><span style="font-family: 'Arial','sans-serif'">In other words, they have about zero risk. </span></strong>(Meanwhile, the seller is still risking foreclosure.)</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">2. The buyer&rsquo;s are putting $150,000 down on the property, but don&rsquo;t bother putting any more than $1,000 in earnest money down and only after the short sale has been approved by the bank.</span></div> <div>&nbsp;</div> <div><strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">3. Buyer is only allowing 30 days for short sale approval.</span></strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> (News flash: Most short sales take an absolute minimum of 60-90 days to be approved.)</span></div> <div>&nbsp;</div> <div><strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">4. Buyer is demanding seller take the property off the market</span></strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> and not accept backup offers. Oh, but they can walk at anytime. Is that fair?</span></div> <div>&nbsp;</div> <div><strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Is this a little one sided or what? </span></strong><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">If you are a short sale seller, then the agent representing you should negotiate a better offer. You need the buyer to have a little skin in the game or it will end up being a waste of everyone&rsquo;s time including the buyer&rsquo;s.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">If better terms can&rsquo;t be had, then you dramatically reduce the odds of successfully short selling your home. Thinking about a short sale?</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">I can help you short sale your property and never pay the bank another penny. Send me an e-mail at <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a> &nbsp;I will contact you for a Free No Cost, No Obligation consultation.</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (952) 223-0999</span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully completed a short sale and request a free consultation by <a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Contact-Us.aspx"><font color="#800080">Clicking Here</font></a></span></div> <div>&nbsp;</div> <div><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thinking about a loan modification? Our Burnsville Mn loan modification kit has the instructions you will need to get a loan modification approved with your bank. <a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><font color="#800080">Click here to get your copy</font></a>.</span></div> <div>&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Burnsville Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many families as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><span style="font-family: 'Arial','sans-serif'; color: gray; font-size: 16pt">Metropolitan Home Team</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><span style="font-family: 'Arial','sans-serif'; color: red; font-size: 16pt">RE</span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">/</span></b><b><span style="font-family: 'Arial','sans-serif'; color: red; font-size: 16pt">MAX </span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">RESULTS</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Phone: 952.223.0999</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">E-mail: <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Website: <a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><font color="#e51b1e">ForeclosureHelpMN.info</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim Murphy specializes in helping Burnsville Mn Homeowners short sale and never pays the bank another penny. Burnsville Mn Loan Modification Help, Burnsville Mn Short Sales. Burnsville Mn Short Sale Realtor, Burnsville MN Realtors, Burnsville MN Realty, Burnsville MN Avoid Foreclosure, Stop Foreclosure Burnsville MN. Lakeville MN Short Sales, Rosemount MN Short Sale Realtor. Farmington MN Short Sales, Eagan MN Short Sale Realtor.</span></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Copyright 2011 Metropolitan Home Team. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.</span></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <p><span style="line-height: 115%; font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The views expressed here are Tim Murphy&rsquo;s personal views and do not reflect the views of the Metropolitan Home Team or Re/Max Results. This information on Burnsville Short Sales: </span><span style="line-height: 115%; font-family: 'Calibri','sans-serif'; font-size: 11pt">Is this an acceptable offer from a buyer for my short sale property?</span></p>Wed, 23 Feb 2011 23:13:41 GMThttp://foreclosurehelpmn.info/1547451/2011/02/23/Burnsville-Mn-Short-Sales-Is-this-an-acceptable-offer-from-a-buyer-for-my-Minnesota-short-sale-property.aspxHow Much Do You Charge For A Short Sale in Apple Valley MN?http://foreclosurehelpmn.info/1547448/2011/02/23/How-Much-Do-You-Charge-For-A-Short-Sale-in-Apple-Valley-MN.aspx<p><span style="font-size: large"><span style="color: #800000">How Much Do You Charge For A Short Sale in Apple Valley MN?</span></span></p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">&nbsp;Apple Valley MN &ndash; www.ForeclosureHelpMn.info recently received a question from Shannon. </span><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Here is Shannon&rsquo;s Question. </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">&ldquo;I have not been late on any payments but my income will be changing dramatically towards the end of this summer. What are your exact services and what do they cost? I do not have any money in savings and living paycheck to paycheck. Shannon.&rdquo;</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">&nbsp;<a href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx"><font color="#800080">Click here to find out how other Minnesota homeowners successfully completed a short sale</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Here is the answer to Shannon&rsquo;s Question:</span></i></b><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> A Short Sale doesn&rsquo;t cost you, the homeowner, any money. The homeowner&rsquo;s lender will pay for all the costs to sell.</span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Now, I&rsquo;m sure you are thinking, &ldquo;The bank is losing money on the short sale. They wouldn&rsquo;t want to have to pay to sell the property too.&rdquo; </span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Most people think this. After all, it makes sense logically. But, it&rsquo;s actually not the case. </span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Banks have been lending money for centuries. They have learned from past experience a short sale is a good way to cut their losses. </span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">In fact, a recent study showed a short sale reduced a lender&rsquo;s losses by 26%, compared to a foreclosure. </span></i></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">After a lender forecloses on a property they put it up for sale. They have to hire and pay a real estate agent and all the other real estate related costs. </span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Why not pay those costs on a short sale and cut their losses by 26%? It&rsquo;s a good business decision. And that&rsquo;s why a short sale doesn&rsquo;t cost the homeowner anything. </span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Your lender covers all the cost including the real estate agent, title fees, and other closing costs. Thinking about a short sale? </span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">I can help you short sale your property and never pay the bank another penny. Send me an e-mail at <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a> &nbsp;I will contact you for a Free No Cost, No Obligation Consultation. </span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at (952) 223-0999</span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully completed a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx"><font color="#800080">Clicking Here</font></a></span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thinking about a loan modification? Our Gainesville loan modification kit has the instructions you will need to get a loan modification approved with your bank. <a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><font color="#800080">Click here to get your Free Copy</font></a></span></i></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Apple Valley Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many families as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><span style="font-family: 'Arial','sans-serif'; color: gray; font-size: 16pt">Metropolitan Home Team</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><b><span style="font-family: 'Arial','sans-serif'; color: red; font-size: 16pt">RE</span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">/</span></b><b><span style="font-family: 'Arial','sans-serif'; color: red; font-size: 16pt">MAX </span></b><b><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">RESULTS</span></b></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Phone: 952.223.0999</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">E-mail: <a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt">Website: <a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><font color="#e51b1e">ForeclosureHelpMN.info</font></a></span></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim Murphy specializes in helping Apple Valley Mn Homeowners short sale and never pays the bank another penny. Apple Valley Mn Loan Modification Help, Apple Valley Mn Short Sales. Apple Valley Mn Short Sale Realtor, Apple Valley MN Realtors, Apple Valley MN Realty, Apple Valley MN Avoid Foreclosure, Stop Foreclosure Apple Valley MN. Lakeville MN Short Sales, Rosemount MN Short Sale Realtor. Farmington MN Short Sales, Eagan MN Short Sale Realtor.</span></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Copyright 2011 Metropolitan Home Team. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.</span></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The views expressed here are Tim Murphy&rsquo;s personal views and do not reflect the views of the Metropolitan Home Team or Re/Max Results. This information on Apple Valley Short Sales: </span><font face="Calibri">How Much Do You Charge For A Short Sale in Apple Valley MN?</font>&nbsp;</div>Wed, 23 Feb 2011 23:10:57 GMThttp://foreclosurehelpmn.info/1547448/2011/02/23/How-Much-Do-You-Charge-For-A-Short-Sale-in-Apple-Valley-MN.aspxThe Possible Tax Consequences For A Rosemount MN Short Sale?http://foreclosurehelpmn.info/1537899/2011/02/15/The-Possible-Tax-Consequences-For-A-Rosemount-MN-Short-Sale.aspx<p><span style="font-family: 'Arial','sans-serif'; color: maroon; font-size: 18pt">The Possible Tax Consequences For A Rosemount MN Short Sale?</span>&nbsp;</p> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The IRS or Tax Collector has instilled fear in all taxpayers even the ones who pay more than they owe. Today I will be giving you <b>my opinion </b>on possible tax consequences if you choose to do an Rosemount MN short sale.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">When someone hears IRS, it instills fear in most taxpayers.&nbsp; Again, here is my opinion on <a href="http://foreclosurehelpmn.info/Foreclosure-Vs-Short-Sale.aspx"><span style="color: #e51b1e">short sale</span></a> debt forgiveness. <b>Please note that all of the info stated below is my personal opinion on this subject.</b> This is not legal or accounting advice. You should talk to a competent legal or accounting professional before making any real estate or Rosemount MN short sale decisions.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">You will have Forgiveness of Debt Tax Liability whether you give your home back in foreclosure or conduct a short sale.<b> FACT</b>! Before I started doing short sales 5 years ago, I thought if the bank foreclosed on your home there was no way you could be taxed on the loss. However, I did think there were tax ramifications if you conducted a short sale. So the question was, <a href="http://foreclosurehelpmn.info/Foreclosure-Vs-Short-Sale.aspx"><span style="color: #e51b1e">why go forward with a short sale if in turn you will pay taxes on the bank&rsquo;s loss?</span></a> <b>Soon I found out you will get hit with a tax implication if you give your Rosemount MN home back in a Foreclosure or conduct an Rosemount MN Short Sale. </b></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The government views your loss on a short sale or foreclosure as money you received and never paid taxes on. If you lose a home thru foreclosure, it goes back to the bank and the bank then resells the property. However, with a <a href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx"><span style="color: #e51b1e">Rosemount MN foreclosure</span></a>, the amount of debt being, &ldquo;forgiven&rdquo; will be much larger then if you are successful doing a Rosemount MN short sale. Why? Because, your bank will lose up to 26% more money when doing a foreclosure. Take the case of a homeowner with U.S. Bank who was turned down for a short sale. The real estate agent presented U.S. Bank an offer of $485,000, but they rejected it. The bank thought they could get more money after foreclosing on the Eagan MN home and then re-selling it.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">After U.S. Bank foreclosed on the home, the bank was only able to re-sell it for $330,000. This left the homeowner&rsquo;s with over $155,000 in debt being forgiven. If the bank had taken their original Rosemount MN short sale offer, they would have only had $35,000 in debt forgiven. That&rsquo;s a big difference, right?</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Now, here&rsquo;s the good news. The <a href="http://www.irs.gov/individuals/article/0,,id=179414,00.html"><span style="color: #e51b1e">Mortgage Forgiveness Debt Relief Act of 2007 </span></a>changed everything. Normally, when a lender decides to forgive all or a portion of a borrower&rsquo;s debt and accept less than the borrower owes; the debt forgiven is considered as income, the bank 1099&rsquo;s the borrower and they are liable to pay taxes on that money.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">But, after the signing of the Mortgage Forgiveness Debt Relief Act, amendments have been made to remove these tax liabilities and allow a borrower and lender to work together to establish a resolution that is beneficial for both parties (in most cases). <span style="background: yellow">This protection is limited to primary residences only!</span> Rental properties do not qualify for the Debt Relief Act. I strongly recommend you consult with a tax advisor regarding a foreclosure or short sale on rental property. The amount of forgiven mortgage debt allowed to be excluded from income tax is limited to $2 million per year.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">There are benefits to being taxed on the banks loss. It gives you tons of ammo to hold off the bank from collecting a deficiency judgment from you. </span><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">If your bank files a 1099 for their loss after you do a short sale, they can&rsquo;t collect money from you after the fact. </span></i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">You can easily get rid of this tax liability by filing a Form 982 on your tax return.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a href="http://www.irs.gov/individuals/article/0,,id=179414,00.html"><span style="color: #4294ad">Click here</span></a> to view the Mortgage Forgiveness Debt Relief Act and Debt Cancellation.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a href="http://www.irs.gov/irs/article/0,,id=179073,00.html"><span style="color: #4294ad">Click here</span></a> to view the article, Mortgage Workouts, Now Tax-Free for Many Homeowners; Claim Relief on Newly-Revised IRS Form</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Rosemount Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: gray; font-size: 16pt">Metropolitan Home Team</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">We specialize in loan modification assistance and short sales in Rosemount MN. Rosemount MN Loan Modification Help, Rosemount MN Loan Mod Help, Rosemount Minnesota Loan Modifications,&nbsp;Rosemount MN&nbsp;Loan Mods, Rosemount MN Loan Mod, Lakeville MN Loan Modification. Lakeville MN&nbsp;Short Sale, Rosemount MN Short Sale, Rosemount Minnesota Short Sales,&nbsp;Lakeville Minnesota&nbsp;Short Sale,&nbsp;Eagan MN&nbsp;Short Sales.</span></div>Tue, 15 Feb 2011 08:21:29 GMThttp://foreclosurehelpmn.info/1537899/2011/02/15/The-Possible-Tax-Consequences-For-A-Rosemount-MN-Short-Sale.aspxUnderstanding Apple Valley Short Sales and Possible Tax Ramificationshttp://foreclosurehelpmn.info/1410558/2010/11/07/Understanding-Apple-Valley-Short-Sales-and-Possible-Tax-Ramifications.aspx<p><span style="color: #800000"><span style="font-size: large"><span style="font-family: 'Arial','sans-serif'; color: maroon; font-size: 18pt">The Possible Tax Consequences For An Apple Valley MN Short Sale?</span></span>&nbsp;</span></p> <div style="margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The IRS or Tax Collector has instilled fear in all taxpayers even the ones who pay more than they owe. Today I will be giving you </span><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">my opinion </span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">on possible tax consequences if you choose to do an Apple Valley MN short sale.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">When someone hears IRS, it instills fear in most taxpayers.&nbsp; Again, here is my opinion on <a href="http://foreclosurehelpmn.info/Foreclosure-Vs-Short-Sale.aspx">short sale</a> debt forgiveness. </span><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Please note that all of the info stated below is my personal opinion on this subject.</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> This is not legal or accounting advice. You should talk to a competent legal or accounting professional before making any real estate or Apple Valley MN short sale decisions.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">You will have Forgiveness of Debt Tax Liability whether you give your home back in foreclosure or conduct a short sale.</span><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> FACT</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">! Before I started doing short sales 5 years ago, I thought if the bank foreclosed on your home there was no way you could be taxed on the loss. However, I did think there were tax ramifications if you conducted a short sale. So the question was, <a href="http://foreclosurehelpmn.info/Foreclosure-Vs-Short-Sale.aspx">why go forward with a short sale if in turn you will pay taxes on the bank&rsquo;s loss?</a> </span><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Soon I found out you will get hit with a tax implication if you give your Apple Valley MN home back in a Foreclosure or conduct an Apple Valley MN Short Sale. </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The government views your loss on a short sale or foreclosure as money you received and never paid taxes on. If you lose a home thru foreclosure, it goes back to the bank and the bank then resells the property. However, with an <a href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx">Apple Valley MN foreclosure</a>, the amount of debt being, &ldquo;forgiven&rdquo; will be much larger then if you are successful doing an Apple Valley MN short sale. Why? Because, your bank will lose up to 26% more money when doing a foreclosure. Take the case of a homeowner with U.S. Bank who was turned down for a short sale. The real estate agent presented U.S. Bank an offer of $485,000, but they rejected it. The bank thought they could get more money after foreclosing on the Eagan MN home and then re-selling it.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">After U.S. Bank foreclosed on the home, the bank was only able to re-sell it for $330,000. This left the homeowner&rsquo;s with over $155,000 in debt being forgiven. If the bank had taken their original Apple Valley MN short sale offer, they would have only had $35,000 in debt forgiven. That&rsquo;s a big difference, right?</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Now, here&rsquo;s the good news. The <a href="http://www.irs.gov/individuals/article/0,,id=179414,00.html">Mortgage Forgiveness Debt Relief Act of 2007 </a>changed everything. Normally, when a lender decides to forgive all or a portion of a borrower&rsquo;s debt and accept less than the borrower owes; the debt forgiven is considered as income, the bank 1099&rsquo;s the borrower and they are liable to pay taxes on that money.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">But, after the signing of the Mortgage Forgiveness Debt Relief Act, amendments have been made to remove these tax liabilities and allow a borrower and lender to work together to establish a resolution that is beneficial for both parties (in most cases). <span style="background: yellow">This protection is limited to primary residences only!</span> Rental properties do not qualify for the Debt Relief Act. I strongly recommend you consult with a tax advisor regarding a foreclosure or short sale on rental property. The amount of forgiven mortgage debt allowed to be excluded from income tax is limited to $2 million per year.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">There are benefits to being taxed on the banks loss. It gives you tons of ammo to hold off the bank from collecting a deficiency judgment from you. <em>If your bank files a 1099 for their loss after you do a short sale, they can&rsquo;t collect money from you after the fact. </em>You can easily get rid of this tax liability by filing a Form 982 on your tax return.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a href="http://www.irs.gov/individuals/article/0,,id=179414,00.html"><span style="color: #4294ad">Click here</span></a> to view the Mortgage Forgiveness Debt Relief Act and Debt Cancellation.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a href="http://www.irs.gov/irs/article/0,,id=179073,00.html"><span style="color: #4294ad">Click here</span></a> to view the article, Mortgage Workouts, Now Tax-Free for Many Homeowners; Claim Relief on Newly-Revised IRS Form</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Apple Valley Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a </span><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">FREE No Cost, No Obligation Consultation</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Apple Valley Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> </span></div> <p>We specialize in loan modification assistance and short sales in Apple Valley MN. Apple Valley MN Loan Modification Help, Apple Valley MN Loan Mod Help, Apple Valley Minnesota Loan Modifications,&nbsp;Apple Valley MN&nbsp;Loan Mods, Apple Valley MN Loan Mod, Lakeville MN Loan Modification. Lakeville MN&nbsp;Short Sale, Apple Valley MN Short Sale, Apple Valley Minnesota Short Sales,&nbsp;Lakeville Minnesota&nbsp;Short Sale,&nbsp;Eagan MN&nbsp;Short Sales.</p>Sun, 07 Nov 2010 23:56:34 GMThttp://foreclosurehelpmn.info/1410558/2010/11/07/Understanding-Apple-Valley-Short-Sales-and-Possible-Tax-Ramifications.aspxA Deficiency Judgement After My Lakeville MN Short Sale?http://foreclosurehelpmn.info/1410555/2010/11/07/A-Deficiency-Judgement-After-My-Lakeville-MN-Short-Sale.aspx<p><span style="font-family: 'Arial','sans-serif'; color: maroon; font-size: 18pt">Find out If You Will&nbsp;Owe a Deficiency after a Lakeville MN Short Sale?</span></p> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Here is a question our team received recently about a Lakeville MN short sale and a deficiency judgement. </span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">We have a first mortgage with Bank of America. We received an approval letter on a <a href="http://foreclosurehelpmn.info/Short-Sale-vs-Foreclosure.aspx"><font color="#800080">Lakeville MN short sale</font></a>. NO language in the letter says, &ldquo;Satisfied in full&rdquo; or words to this effect. It only says &ldquo;Bank of American's acceptance of this discounted payoff is X.&rdquo;</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Another sentence under page 2 says</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">: &ldquo;This transaction may have implications on your federal tax liability.&nbsp; You should consult the IRS or your tax accountant for additional information&rdquo; No other language regarding reporting to the IRS.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">This first mortgage was an investor, non owner occupied loan. Are we up a creek?&nbsp;Will they sell the note to a collection company and hound us for years to come? We have assets. If we let it go to foreclosure, due to it being an investor loan, what are the ramifications for placed on us for a deficiency?</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Answer:</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> M</span><i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 12pt">y professional opinion</span></i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">, the ramifications are exactly the same for a foreclosure as a short sale. Either way, depending upon the laws in your state, you might be chased down. However, between 65% and 80% of all loans will not have a deficiency.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Here is how to find out if your loan is a type of loan which will not have a deficiency.</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> Find out who owns your loan because, most loans are not owned by the lender handling the negotiations on your short sale. Bank of America is probably the &ldquo;servicer&rdquo; for the actual owner.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The actual owner might be Fannie Mae, Freddie Mac, a Wall Street Trust, a large insurance company or a pension fund. Bank of America acts as a trustee for the actual investor. They collect the payments and handle the &ldquo;Lender&rdquo; Functions. They then forward the money to the investor of the loan each month.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">If the owner of the loan is Fannie Mae or Freddie Mac, in my opinion, you won&rsquo;t have to worry about a deficiency. All of the Fannie Mae &amp; Freddie Mac Short Sale Approvals we have gotten released the home seller from future liability.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"><a href="http://www.hud.gov/offices/hsg/sfh/nsc/rep/pfsfact.pdf"><font color="#800080">FHA Short Sale Guidelines</font></a> also spell out that you will not have any future liability. VA Short Sale Guidelines release the liability as well. However, you will not be eligible for a future VA loan until you reimburse VA for any loss.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Fannie Mae, Freddie Mac, FHA, and VA account for around 60% of all the loans in the US. <a href="http://foreclosurehelpmn.info/Foreclosure-Vs-Short-Sale.aspx"><font color="#800080">If you are considering a short sale</font></a> and are worried about a deficiency judgment give me a call at (952) 223-0999. When you contact me, I will research the type of loan you have. Based on the research I can give you my opinion on the deficiency.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><i><u><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The above is my opinion</span></u></i><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">. It is not legal or accounting advice. Please contact a competent real estate attorney or other professional because the circumstances vary, depending upon your situation.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Eagan Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: smaller">Tim Murphy and his team specialize in Lakeville MN loan modification assistance and short sales in Lakeville Minnesota. Lakeville MN Loan Modification Help,&nbsp;Lakeville Minnesota&nbsp;Loan Modification Help, Lakeville MN Loan Modifications, Lakeville MN&nbsp;Loan Mods, Lakeville Minnesota Loan Modifications, Apple Valley MN&nbsp;Loan Modification. Lakeville MN Short Sale, Lakeville MN&nbsp;Short Sales, Lakeville Minnesota Short Sales, Lakeville Short Sale, Apple Valley MN Short Sales.</span></div> </span></div>Sun, 07 Nov 2010 23:54:09 GMThttp://foreclosurehelpmn.info/1410555/2010/11/07/A-Deficiency-Judgement-After-My-Lakeville-MN-Short-Sale.aspxHow Does A Minnesota Short Sale Deficiency Affect Me? Chapter Twohttp://foreclosurehelpmn.info/1410552/2010/11/07/How-Does-A-Minnesota-Short-Sale-Deficiency-Affect-Me-Chapter-Two.aspx<p><span style="color: #993300"><span style="font-family: 'Arial','sans-serif'; font-size: 18pt"><span style="font-family: 'Arial','sans-serif'; font-size: 18pt">Will I Owe A Deficiency on my Eagan MN Home? Chapter Three</span></span></span></p> <p>&nbsp;</p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Understanding Eagan MN Mortgage Deficiencies when doing a Minnesota Short Sale is critical information for anyone you know thinking about&nbsp;short selling their Minnesota home. <a href="http://foreclosurehelpmn.info/government-program-surveys.aspx"><span style="color: #e51b1e">Our short sale team&nbsp;has over 5 years of experience and 200+ completed short sales. We can help anyone you know in Minnesota who needs or wants to learn more about short selling their home.</span></a></span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">I am following up on my answer to a question we received about Eagan MN Short Sale Deficiencies. &ldquo;</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">We have a first mortgage with Bank of America and just got an&nbsp;approval letter on a short sale. NO language in letter that says&rdquo;satisfied in full&rdquo; or words to that effect.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">It only says &ldquo;conditions for Bank of America&rsquo;s acceptance of this discounted payoff are X.&rdquo; Will they sell the note to a collection company and then hound us for years to come?</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">In part one and two we detailed the types of loans where, in my opinion, you would not owe a deficiency on a Eagan MN short sale.</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> There are a few types of loans that commonly ask for a promissory note. Here are the types of loans that often ask for a promissory note.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">They are loans that are owned to the lender you originally got your loan from; also, known as a portfolio loans. A good example is a credit union loan, or a small community bank. Other common types are loans that were granted with Private Mortgage Insurance companies. In our experience, these companies are very demanding. They negotiate hard and say they will not approve a Eagan MN short sale without a promissory. They also don&rsquo;t allow a bank such as Bank of America to give up their right to a promissory note. </span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Prove to them that you don&rsquo;t have any assets or any extra monthly income. Your agent will show them that they are better off accepting the Eagan MN short sale. Once in a while the PMI Company will waive the promissory note and accept what they can get. But, this is not always the case and only happens 50% of the time and depends on how aggressive the homeowner who&rsquo;s doing the short sale can be. Don&rsquo;t get me wrong you can get a deficiency waived even if you have PMI because after all something is better than nothing for the PMI Company.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">If you are considering a short sale and are worried about a deficiency, please give me a call at (952) 223 -0999. When you contact me, I will research the type of loan you have. Based on my research I will give you my opinion on your possibility of a deficiency.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The above is my opinion. It is not legal or accounting advice. Please contact a competent attorney or other professional because the circumstances vary, depending upon your situation.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Eagan Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 7.5pt">We specialize in loan modification assistance and short sales in Eagan MN. Eagan MN Loan Modification Help, Eagan MN Loan Mod Help, Eagan Minnesota Loan Modifications,&nbsp;Eagan MN&nbsp;Loan Mods, Eagan MN Loan Mod,&nbsp;Bloomington MN Loan Modification. Bloomington MN&nbsp;Short Sale, Eagan MN Short Sale, Eagan Minnesota Short Sales,&nbsp;Bloomington Minnesota&nbsp;Short Sale,&nbsp;Eagan MN&nbsp;Short Sales.</span></div>Sun, 07 Nov 2010 23:52:16 GMThttp://foreclosurehelpmn.info/1410552/2010/11/07/How-Does-A-Minnesota-Short-Sale-Deficiency-Affect-Me-Chapter-Two.aspxUnderstanding Eagan MN Mortgage Deficiencies? Chapter Threehttp://foreclosurehelpmn.info/1410549/2010/11/07/Understanding-Eagan-MN-Mortgage-Deficiencies-Chapter-Three.aspx<p>&nbsp;<span style="color: #993300"><span style="font-size: large">Will I Owe A Deficiency on my Eagan MN Home? Chapter Three</span></span></p> <p>&nbsp;</p> <p><span style="font-size: medium">Understanding Eagan MN Mortgage Deficiencies when doing a Minnesota Short Sale. This is critical information for anyone short selling their Minnesota home. <a href="http://foreclosurehelpmn.info/government-program-surveys.aspx">Our short sale team with over 5 years of experience and 200+ completed short sales can help anyone you know in Minnesota who needs or wants to learn more about short selling their home.</a></span></p> <p>&nbsp;</p> <p><strong>I am following up on my answer to the following question we received about MN Short Sale Deficiencies. &ldquo;</strong>We have a first mortgage with EMC. Just got an&nbsp;approval letter on a short sale. NO language in letter that says &rdquo;satisfied in full&rdquo; or words to that effect.</p> <p>It only says &ldquo;conditions for EMC&rsquo;s acceptance of this discounted payoff are X.&rdquo; Will they sell the note to a collection company and then hound us for years to come?</p> <p><strong>In part one and two we detailed the types of loans where, in my opinion, you would not owe a deficiency on a short sale.</strong> There are a few types of loans that commonly ask for a promissory note. Here are the types of loans that often ask for a promissory note.</p> <p>They are loans that are owned by the lender you originally got the loan from. A good example is a credit union loan, or a small community bank. Another common type are loans that were granted with Private Mortgage Insurance. In our experience, these companies are very demanding. They negotiate hard and say they will not approve a short sale without a promissory. However, that is not always the case.</p> <p>Prove to them that you don&rsquo;t have any assets, nor any extra monthly income. Your agent will show them that they are better off accepting the short sale. Most of the time they will waive the promissory note and accept what they can get. After all, something is better than nothing. Make sense?</p> <p>If you are considering a short sale and are worried about the deficiency, then give me a call at (352) 332-6611. When you contact me, I will research the type of loan you have. Based on that research I can give you my opinion on the deficiency.</p> <p>When you contact me, I will research the type of loan you have. Based on that research I can give you my opinion on the deficiency.</p> <p>The above is my opinion. It is not legal or accounting advice. Please contact a competent attorney or other professional because the circumstances vary, depending upon your situation.</p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Eagan Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 7.5pt">We specialize in loan modification assistance and short sales in Eagan MN. Eagan MN Loan Modification Help, Eagan MN Loan Mod Help, Eagan Minnesota Loan Modifications,&nbsp;Eagan MN&nbsp;Loan Mods, Eagan MN Loan Mod,&nbsp;Bloomington MN Loan Modification. Bloomington MN&nbsp;Short Sale, Eagan MN Short Sale, Eagan Minnesota Short Sales,&nbsp;Bloomington Minnesota&nbsp;Short Sale,&nbsp;Eagan MN&nbsp;Short Sales.</span></div> <p>&nbsp;</p>Sun, 07 Nov 2010 23:49:49 GMThttp://foreclosurehelpmn.info/1410549/2010/11/07/Understanding-Eagan-MN-Mortgage-Deficiencies-Chapter-Three.aspxHow Do I Qualify for a Bloomington Minnesota Loan Modification?http://foreclosurehelpmn.info/1410543/2010/11/07/How-Do-I-Qualify-for-a-Bloomington-Minnesota-Loan-Modification.aspx<p><span style="color: #800000"><span style="font-size: large">Do I Qualify For A Bloomington Mn Loan Modification?</span></span></p> <p>&nbsp;</p> <p>If you can&rsquo;t afford your Bloomington Mn house payment, or are in <a href="http://foreclosurehelpmn.info/Mortgage-Crisis-Easier.aspx">foreclosure</a>, then you should ask your lender for a loan modification. Many&nbsp;Bloomington Minnesota&nbsp;Homeowners are getting their loan modifications approved. However, it takes a lot of work.</p> <p>You may qualify for a loan modification if you are at risk of near default. Has your income recently been reduced? Or, is your interest rate about to re-set to a level you cannot afford? In these cases, you might qualify for a loan modification. <a href="http://foreclosurehelpmn.info/government-program-surveys.aspx">This is true even if you are not yet behind on your mortgage payments.</a> Are you looking for Bloomington Mn Loan Modification Help?</p> <p>We have a loan modification kit that you can use to negotiate a loan modification on your own. Some people pay thousands of dollars upfront to have someone do it for them. But, who is going to push harder for an approval? The person who risks losing their house (you), or someone else who already got paid upfront?</p> <p>To start the process, gather up all the necessary documents. You will need income documentation, all your mortgage documents, and copies of your monthly bills. You will need to present the lender a case on why they should accept your loan modification.</p> <p>You generally qualify for a payment reduction if the house is your primary residence and your payment is more than 31% of your monthly income. Many lenders are accepting loan modifications. Here is the key. You must&nbsp; show your lender how it is beneficial to them to accept your loan modification.</p> <p>Our loan modification kit has the information on how to make the argument. We show them that they will make more money by accepting your loan modification versus foreclosing on the house. They&rsquo;re in the business of making money, right? That is why this strategy works. Get more info on this strategy and the tools you need for a successful loan modification by <a onclick="javascript:_gaq.push(['_trackEvent','outbound-article','stopgainesvilleforeclosure.com']);" href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><font color="#4294ad">clicking here</font></a>.</p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Bloomington Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> </span></div> <p>We specialize in loan modification assistance and short sales in&nbsp;Bloomington MN. Bloomington MN Loan Modification Help, Bloomington MN Loan Mod Help, Bloomington Minnesota Loan Modifications,&nbsp;Bloomington MN&nbsp;Loan Mods, Bloomington MN Loan Mod, Edina MN Loan Modification. Edina MN&nbsp;Short Sale, Bloomington MN Short Sale, Richfield Minnesota Short Sales,&nbsp;St. Louis Park Minnesota&nbsp;Short Sale,&nbsp;Bloomington MN&nbsp;Short Sales.</p>Sun, 07 Nov 2010 23:47:23 GMThttp://foreclosurehelpmn.info/1410543/2010/11/07/How-Do-I-Qualify-for-a-Bloomington-Minnesota-Loan-Modification.aspxRosemount MN Loan Modification... Don't be fooled by the bank.http://foreclosurehelpmn.info/1410540/2010/11/07/Rosemount-MN-Loan-Modification-Don-t-be-fooled-by-the-bank.aspx<p><span style="color: #800000"><span style="font-size: large">Rosemount MN Loan Modification? Don&rsquo;t allow your lender to take advantage of you.</span></span></p> <p>Many people think you will have a better opportunity of getting a loan modification if you make up some of your Rosemount Mn back payments. It all depends on who you are talking to at your mortgage servicer. When first getting behind on your mortgage payments, you will be dealing with the collections department. In my opinion, these people will tell you anything, just to get you to pay something. Let me explain:</p> <p>Their job is to collect as much money as possible. It&rsquo;s in the lender&rsquo;s best interest to get you to pay them anything they can. They don&rsquo;t want to approve a loan modification on your Rosemount Mn mortgage until they absolutely have to. Loan modifications mean they have to hire on more employees. That costs money. Not good for the banks balance sheet.</p> <p>They want anyone behind on mortgage payments to catch up. If they can do this without a loan modification, then great. The bank&nbsp;just wants to get your payments coming in. &ldquo;Just get people to pay something. The more the better&rdquo;, the banks collection managers preaches.</p> <p>Most lenders take a month or longer to look at your Rosemount Mn loan modification. They can&rsquo;t approve a loan modification until someone processes your file. In the meantime, the collection people are still calling, bugging and collecting. Those collections people want to get paid. But, they are trying to get money before your loan modification even has a chance of getting looked at. This is why you have a better chance at receiving a solid loan modification when you have missed payments.</p> <p>Our Rosemount Mn loan modification kit has information on how to make the proper argument to your lender. We show mortgage servicer they will make more money by accepting your loan modification versus foreclosing on your Rosemount Mn home. They&rsquo;re in the business of making money, right? That is why this strategy works. Get more info on this strategy and the tools you need for a successful loan modification by <a onclick="javascript:_gaq.push(['_trackEvent','outbound-article','stopgainesvilleforeclosure.com']);" href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><font color="#4294ad">clicking here</font></a>.</p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Rosemount Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> </span></div> <p>We specialize in loan modification assistance and short sales in&nbsp;Rosemount MN. Rosemount MN Loan Modification Help, Rosemount MN Loan Mod Help, Rosemount Minnesota Loan Modifications,&nbsp;Avoid Foreclosure Rosemount MN, Stop Foreclosure Rosemount MN, Inver Grove Heights MN Loan Modification. Rosemount MN&nbsp;Short Sale, Rosemount MN Short Sales, Inver Grove Heights Minnesota Short Sales,&nbsp;Farmington Minnesota&nbsp;Short Sale,&nbsp;Pre Foreclosure Rosemount&nbsp;MN.</p>Sun, 07 Nov 2010 23:46:01 GMThttp://foreclosurehelpmn.info/1410540/2010/11/07/Rosemount-MN-Loan-Modification-Don-t-be-fooled-by-the-bank.aspxSavage Minnesota Loan Modifications will re-default in less than 18 monthshttp://foreclosurehelpmn.info/1410537/2010/11/07/Savage-Minnesota-Loan-Modifications-will-re-default-in-less-than-18-months.aspx<p><span style="color: #800000"><span style="font-size: large">Over half of Savage Minnesota Loan Modifications will re-default within&nbsp;1 year?</span></span></p> <p>&nbsp;</p> <p><strong>The re-default rate of Savage Mn loans modified in the first quarter of 2010 was&nbsp;45.2 percent by the end of the year</strong>, according to the Office of the Comptroller of the Currency and the Office of Thrift Supervision.</p> <p>Assistant Treasury Secretary, Herb Allison gave his opinion. &ldquo;Borrowers were more likely to re-default when their monthly payments aren&rsquo;t reduced enough in modifications to make staying in a home affordable. Our data shows that when you reduce payments by 20 percent or more you have a tendency for lower re-default rates,&rdquo; he said.</p> <p>This is bad news. If you are looking for&nbsp;<a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx">Savage MN Loan Modification Help</a>, don&rsquo;t become a statistic. Here is why this is happening. Many homeowners get desperate and accept a loan mod they can&rsquo;t afford.</p> <p>Are you negotiating with your lender to reduce your monthly payment? Before you start, run your budget. Figure out what you can afford to pay each month. Decide on the highest monthly payment you will accept. Draw a line in the sand. If you can only afford $800 a month, then don&rsquo;t accept a $1,200 payment.</p> <p>The second loan modification is much harder to obtain. Lenders are reluctant to reduce your payment a second time, because they think you will default a third time around.</p> <p><a onclick="javascript:_gaq.push(['_trackEvent','outbound-article','stopgainesvilleforeclosure.com']);" href="http://foreclosurehelpmn.info/government-program-surveys.aspx"><font color="#4294ad">Review all your options to avoid foreclosure</font></a>. Research your local housing market. Many people have been able to rent a house for much less than their mortgage payment. Here is one example. A couple owned a house with a $1,400 monthly mortgage payment. The home&rsquo;s value had dropped by 50%. Their lender wouldn&rsquo;t reduce their payment.</p> <p>They found a nicer house to rent for $850 a month. This is one option. If you want to keep your home, you need to negotiate for a payment you can afford. Do not let your lender push you into an unaffordable payment.</p> <p>Not being able to afford your home is tough. You are stressed out. You and your spouse might argue over money. You might think about your problems when you are at work, which might affect your ability to do your job. You then risk getting let go. Where will your lender be at that point? This is why it is in the lender&rsquo;s best interest to reduce your payment where you can afford it.</p> <p>Our Savage Mn loan modification kit has the information on how to make the argument. We show them that they will make more money by accepting your loan modification versus foreclosing on the house. They&rsquo;re in the business of making money, right? That is why this strategy works. Get more info on this strategy and the tools you need for a successful loan modification by <a onclick="javascript:_gaq.push(['_trackEvent','outbound-article','stopgainesvilleforeclosure.com']);" href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><font color="#4294ad">clicking here</font></a>.</p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Savage Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> </span></div> <p>We specialize in loan modification assistance and short sales in Savage MN. Savage MN Loan Modification Help, Savage MN Loan Mod Help, Savage Minnesota Loan Modifications,&nbsp;Savage&nbsp;MN&nbsp;Loan Mods, Savage MN Loan Mod,&nbsp;Shakopee MN Loan Modification. Burnsville MN&nbsp;Short Sale, Savage MN Short Sale, Burnsville Minnesota Short Sales,&nbsp;Prior Lake Minnesota&nbsp;Short Sale,&nbsp;Savage MN&nbsp;Short Sales.</p>Sun, 07 Nov 2010 23:43:00 GMThttp://foreclosurehelpmn.info/1410537/2010/11/07/Savage-Minnesota-Loan-Modifications-will-re-default-in-less-than-18-months.aspxFacing A Foreclosure in Eagan MN? Free Foreclosure Help is here...http://foreclosurehelpmn.info/1410534/2010/11/07/Facing-A-Foreclosure-in-Eagan-MN-Free-Foreclosure-Help-is-here.aspx<p><span style="font-family: 'Arial','sans-serif'; color: maroon; font-size: 18pt">Facing Foreclosure? There is good news</span></p> <div><span style="font-size: medium">&nbsp;</span></div> <div><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Eagan MN &ndash; It takes a lender months to foreclose on your home. I have seen some lenders take&nbsp;1-2 years to foreclose on a house. There are two reasons this is happening. First, there are a lot of people unable to make their payments. Second, the banks can't afford to foreclosure on ever single home when needed so they file extensions or push out the Sheriff's sale.</span></span></div> <div><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">This gives you plenty of time to negotiate a loan modification. </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 6pt"><a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><span style="font-size: medium"><font color="#800080">Get details on how to negotiate a loan modification.</font></span></a></span></div> <div>&nbsp;</div> <div>&nbsp;</div> <div><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Here are a few examples. I have seen many lenders wait up to a year to file for foreclosure. The homeowner stopped making their payments in January. Their lender didn&rsquo;t file for foreclosure until October or November that year. In many situations, the lenders are waiting even longer than that. Obviously it all depends on your lender.</span></span></div> <div>&nbsp;</div> <div>&nbsp;</div> <div><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">You can stay in your home rent free for a long time. I saw one person move out of their house a couple of months after the foreclosure started. He couldn&rsquo;t afford rent at his new house and was evicted. However, it took his lender over two years to foreclose on his house. He could have lived in his original house for free during those two years.</span></span></div> <div>&nbsp;</div> <div>&nbsp;</div> <div><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Hope this helps you in your situation. Would you like to discuss your situation with me? </span></span></div> <div><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">You can call e-mail me at </span></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></a></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">&nbsp;or call me at (952) 223-0999. </span></span></div> <div>&nbsp;</div> <div><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Our Minnesota loan modification techniques have what you will need to get a loan modification approved.</span></span> <span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">We show you how to prove to your lender that they will make more money by accepting your loan modification versus foreclosing on the house. They&rsquo;re in the business of making money, right? That is why this strategy works. </span></span></div> <div>&nbsp;</div> <div><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Get more info on this strategy and the tools you need for a successful loan modification by </span></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><span style="color: #4294ad">clicking here</span></a></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div>&nbsp;</div> <div><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Discover how other sellers successfully did a short sale and request a free consultation by </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 6pt"><a onclick_fckprotectedatt="%20onclick%3D%22javascript%3A_gaq.push(%5B'_trackEvent'%2C'outbound-article'%2C'stopgainesvilleforeclosure.com'%5D)%3B%22" href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="font-size: medium"><font color="#800080">clicking here</font></span></a></span></div> <div>&nbsp;</div> <div>&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Thanks for reading this, Tim Murphy.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Tim is a local Eagan Mn real estate agent&nbsp;@ Re/Max Results.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Phone: (952) 223-0999.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Get the tools you need for a successful loan modification by </span></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Discover how other sellers successfully did a short sale and request a free consultation by </span></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">View my homes for sale at </span></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <p>&nbsp;</p> <p>&nbsp;</p> <p><span style="font-size: smaller">Stop Foreclosure Eagan MN, Avoid Foreclosure Eagan MN, Foreclosure Help Eagan MN, Eagan MN Short Sales, Eagan MN Loan Modification, Pre Foreclosure Eagan Mn, Eagan Mn Mortgage, Eagan MN home Value</span></p>Sun, 07 Nov 2010 23:40:31 GMThttp://foreclosurehelpmn.info/1410534/2010/11/07/Facing-A-Foreclosure-in-Eagan-MN-Free-Foreclosure-Help-is-here.aspxWhat is Forbearance? When it comes to a Farmington MN Short Salehttp://foreclosurehelpmn.info/1410531/2010/11/07/What-is-Forbearance-When-it-comes-to-a-Farmington-MN-Short-Sale.aspx<p><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 18pt">Your #1 Option to Avoid Farmington MN Foreclosure is Forbearance</span></p> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Farmington MN &ndash; Forbearance is when you catch up on all your back payments and continue paying your original mortgage payment. This is a good option for many. However, it doesn&rsquo;t reduce your payment as much as a loan modification does.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt"><a href="http://stopgainesvilleforeclosure.com/Loan_Modification_Secrets.html"><span style="color: #4294ad">Discover how to conduct a Farmington MN loan modification here.</span></a></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Most lenders are glad to negotiate forbearance. The biggest advantage, the process is much shorter. You avoid a lengthy and troublesome loan modification process. Forbearance can normally be approved in two weeks to one month compared to Farmington Mn loan modifications which can take one to six months.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">The drawback with forbearance is it doesn&rsquo;t reduce your payments. In fact, the first 12 months are tough. Here is why. You are re-paying the back payments during those 12 months.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">This means your monthly payment actually increases. If you were paying $1000 a month before, you are paying $1,350 during your forbearance. Many homeowners accept a forbearance then end up defaulting because they can&rsquo;t afford the higher payments.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">A good loan modification is what they you really need. However, your lender will be reluctant to approve it. Why? Because you already would have defaulted on the forbearance they gave. This is why I recommend you only ask for forbearance if you can afford the higher payment.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Was the original reason you defaulted because you could not afford the payment? In this case, a loan modification is a better option. Our <a href="http://foreclosurehelpmn.info/On-the-Edge-of-Losing-Your-Home.aspx"><font color="#800080">Farmington MN loan modification report</font></a> has the instructions you will need to get a loan modification approved.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">We show you how to prove to your lender they will make more money by accepting your loan modification versus foreclosing on the house. They&rsquo;re in the business of making money, right? That is why this strategy works. Get more info on this strategy and the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><span style="color: #4294ad">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: #4294ad">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Tim is a local Farmington Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><span style="color: #4294ad">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: #4294ad">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: gray; font-size: 16pt">Metropolitan Home Team</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'"><font color="#e51b1e">TimMurphy@MetropolitanHomeTeam.com</font></span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'"><font color="#e51b1e">ForeclosureHelpMN.info</font></span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">We specialize in loan modification assistance and short sales in Farmington MN. Farmington Minnesota Short Sale, Farmington MN short sale, Farmington MN Short Sales, Farmington Short Sale, Farmington Minnesota Loan Modifications, Farmington MN Loan Mods, Farmington Minnesota Loan Mod, Lakeville MN Loan Modification.</span></div>Sun, 07 Nov 2010 23:37:52 GMThttp://foreclosurehelpmn.info/1410531/2010/11/07/What-is-Forbearance-When-it-comes-to-a-Farmington-MN-Short-Sale.aspxForeclosure Help and Inver Grove Heights MN - Don't let the bank take your equity.http://foreclosurehelpmn.info/1410528/2010/11/07/Foreclosure-Help-and-Inver-Grove-Heights-MN-Don-t-let-the-bank-take-your-equity.aspx<p><span style="font-family: 'Arial','sans-serif'; color: #993300; font-size: 18pt">Couple Allege U.S. Bank Foreclosed on their&nbsp;$200,000 Inver Grove Heights MN home they owed $80,000&nbsp;on.</span></p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">In another shocking story, it appears U.S. Bank foreclosed on a couple in Inver Grove Heights Minnesota that only owed $80,000 on a home worth all of $200,000.&nbsp; At least that&rsquo;s the story, according to the couple in Inver Grove Heights MN.&nbsp;This couple bought a home in&nbsp;Inver Grove Heights&nbsp;Minnesota&nbsp;15 years ago and paid down their mortgage each and every month for 15 years. They thought it was safe from the banks; Apparently not.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">U.S. Bank, thru a fluke in their system, foreclosed on their house. Can we trust these banks to do a good job with anything? These large lenders and servicing companies are understaffed and under regulated.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">This young couple is now fighting in the redemption period to keep their home. The family needs to come up with $25,000 in the next 6 months or their home will be foreclosed on by U.S. Bank. What happens then?</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Once U.S. Bank forecloses on their home they put the home up for sale. Odds are this home will sell for more than U.S. Bank paid, since this couple had an equity position, resulting in U.S. Bank potentially pocketing a $37,000 profit. What is up with that? </span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">If you or someone you know is in this position you have options. Don't think the bank can just get away with this!</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Tim is a local Inver Grove Heights Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 13.5pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: gray; font-size: 16pt">Metropolitan Home Team</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">We specialize in loan modification assistance and short sales in Inver Grove Heights &nbsp;MN. Inver Grove Heights &nbsp;Minnesota Short Sale, Inver Grove Heights &nbsp;MN short sale, Inver Grove Heights &nbsp;MN Short Sales, Inver Grove Heights &nbsp;Short Sale, Inver Grove Heights &nbsp;Minnesota Loan Modifications, Inver Grove Heights &nbsp;MN Loan Mods, Inver Grove Heights &nbsp;Minnesota Loan Mod, Lakeville MN Loan Modification.</span></div>Sun, 07 Nov 2010 23:33:15 GMThttp://foreclosurehelpmn.info/1410528/2010/11/07/Foreclosure-Help-and-Inver-Grove-Heights-MN-Don-t-let-the-bank-take-your-equity.aspxHow is a British Bank more successful completing Apple Valley MN Short Sales than American Banks?http://foreclosurehelpmn.info/1410525/2010/11/07/How-is-a-British-Bank-more-successful-completing-Apple-Valley-MN-Short-Sales-than-American-Banks.aspx<p><span style="font-size: large"><span style="color: #800000"><b><span style="font-family: 'Arial','sans-serif'">How is a British Bank more successful completing Apple Valley MN Short Sales than American Banks?</span></b></span></span></p> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;<span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Apple Valley MN &ndash; I recently talked to someone who did an Apple Valley MN loan modification with HSBC. We couldn&rsquo;t believe how easy the process was for them. They didn&rsquo;t have to wait 60 days for a person to be assigned to work on their <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx">Apple Valley MN loan modification</a>. The homeowner didn&rsquo;t have to fill out an entire &ldquo;loan mod package&rdquo;, the fax machine actually worked, they didn&rsquo;t lose any documents and everything went smoothly. I have had good experiences completing HSBC <a href="http://foreclosurehelpmn.info/Short-Sale-vs-Foreclosure.aspx">short sales</a>. Obviously, they also do a good job on Apple Valley MN loan modifications. Now, let&rsquo;s compare this with a large American Bank, such as Bank of America or JP Morgan Chase.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Bank of America is struggling to process <a href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx">Apple Valley MN short sales</a>. My team has countless stories of real estate agents working on Bank of America short sales for 8-24 months. They still can&rsquo;t get a reasonable answer on the short sale after 5 months. However, B of A is striving to make their process more efficient through the use of technology. Let&rsquo;s hope it works&hellip;</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Bank of America and JP Morgan Chase are especially difficult to work with. Want an answer to your e-mail? Be prepared to wait 1-2 weeks for that. B of A &amp; JP Morgan employees are all overworked and under paid. This makes for an employee who cares very little about getting the job done. In my opinion, the reason these employees don&rsquo;t care is because they don&rsquo;t get the credit they deserve and the banks don&rsquo;t own the loans. Bank of America owns approximately 20% of their loans. This means 80% of the time they need an &ldquo;OK&rdquo; from the investor who owns your loan.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Many of the remaining 20% are probably guaranteed by the government based on Bank of America&rsquo;s purchase of Countrywide. Contrast this with HSBC. They own most, if not all, of their loans. That means if they mess up, they are the ones losing money. I couldn&rsquo;t find HSBC ever getting a bailout on the bailout search page. They have a well run bank. All of their loan modifications, short sales, and foreclosures are handled professionally. Here is why!</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">They are acting as a principal. If they do a lousy job, they lose their money. On 80% (or more) of Bank of America&rsquo;s loans, some investor is losing the money not B of A. That is why nothing ever gets done on a Bank of America file. It&rsquo;s like monopoly money. Do you think a teenage kid is going to &ldquo;hot rod&rdquo; around in his Dad&rsquo;s fancy sports car?</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">I remember how I drove my parent&rsquo;s car. Come on! We all know his Dad will treat the car a lot better than his kid will. Therefore, we can agree people do a better job if their own money is on the line. Big banks are handling other people&rsquo;s money as the servicer. There is very little accountability. Investors keep hearing that the market is bad. However, investors don&rsquo;t know that is only half the story.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">At HSBC, if the <a href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx">short sale </a>department does a lousy job, it affects HSBC&rsquo;s quarterly statement. If things go bad, then people are held accountable. In my opinion, there is nothing of the sort happening at American Banks such as Bank of America or JP Morgan Chase.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">It&rsquo;s sad to think a foreign company does a better job than an American Company in America. Are you an investor who own a mortgage, or do you work at Fannie Mae, Freddie Mac, FHA, VA, or some other place that owns or insures mortgages? Here are the standards I would force the lender handling your loans to apply for Apple Valley MN short sales and <a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx">Apple Valley MN loan modifications</a>.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><u><span style="font-size: medium"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Loan Modification Minimum Standard</span></b></span></u><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">: Give the homeowner a written, concise answer on their loan mod within 30 days. Approve all loan mods projected to bring in more money versus a foreclosure or short sale.</span>&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><u><span style="font-size: medium"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Short Sale Minimum Standard</span></b></span></u><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">: The buyer gets a written, solid, concise answer within 60 days after they make an offer. If the buyer isn&rsquo;t willing to pay the banks price, then the house is listed at that price and the asking price is dropped by 5% every 30 days until the Apple Valley MN home sells. Any future buyers get an answer on their offer within 5 business days.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Tim Murphy, real estate agent with The Metropolitan Home Team. Call Tim Murphy at (952) 431-0437. Tim is an advocate for Homeowners in Distress. Tim has made it his personal mission to help as many people as possible avoid a Minnesota foreclosure and keep their home.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Get the tools you need for a successful loan modification by </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="font-size: medium"><span style="color: #4294ad">clicking here</span></span></a></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Discover how other sellers successfully did a short sale and request a free consultation by </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="font-size: medium"><span style="color: #4294ad">clicking here</span></span></a></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Thanks for reading this, Tim Murphy.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Tim is a local Eagan Mn real estate agent&nbsp;@ Re/Max Results.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Phone: (952) 223-0999.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Get the tools you need for a successful loan modification by </span></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">Discover how other sellers successfully did a short sale and request a free consultation by </span></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">View my homes for sale at </span></span><span style="font-size: medium"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d"><a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d">.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: medium">&nbsp;</span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> </span></span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">We specialize in loan modification assistance and short sales in Apple Valley MN. Apple Valley Minnesota Short Sale, Apple Valley MN short sale, Apple Valley MN Short Sales, Apple Valley Short Sale, Apple Valley Minnesota Loan Modifications, Apple Valley MN Loan Mods, Apple Valley Minnesota Loan Mod, Lakeville MN Loan Modification.</span></div>Sun, 07 Nov 2010 23:29:16 GMThttp://foreclosurehelpmn.info/1410525/2010/11/07/How-is-a-British-Bank-more-successful-completing-Apple-Valley-MN-Short-Sales-than-American-Banks.aspxFrequently Asked Questions About Lakeville MN Short Saleshttp://foreclosurehelpmn.info/1408764/2010/11/04/Frequently-Asked-Questions-About-Lakeville-MN-Short-Sales.aspx<p><b><span style="font-family: 'Arial','sans-serif'; color: maroon; font-size: 18pt">Frequently Asked Questions about Lakeville MN Short Sales&nbsp;</span></b></p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Lakeville MN Short Sales -&nbsp;</span><em><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Many people don't understand the difference between foreclosures, deed-in-lieu, and short sales. My goal today is to provide you with information so you know the difference between these three types&rsquo; of transactions.</span></em></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Common Lakeville MN Foreclosure Myth #1: No matter what&nbsp;you do, you will owe money to the bank.</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> Regarding most Lakeville MN short sales, the seller is able to walk away owing the bank nothing. However, the final answer is based on each individual&rsquo;s specific hardship and how the bank views that hardship. On average&nbsp;75% of the time you can walk away owing the bank nothing. Your bank will lose almost 26%&nbsp;less money on a Lakeville MN&nbsp;short sale than a normal foreclosure. In return for you helping them out, they will help you out. Here is why there is such a&nbsp;large&nbsp;difference between a Lakeville MN short sale and a Lakeville MN foreclosure.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">On a Lakeville MN short sale, the&nbsp;home is occupied,&nbsp;utilities&nbsp;are turned on and someone is living in the home. A vacant home is much harder to sell. The buyer knows your home is bank owned and will adjust their offer down because of it. With a bank owned home the home sits for&nbsp;six to twelve months empty before it sells. The bank must pay to manage and insure the home until it sells. Banks can&rsquo;t loan the money which is tied up in the home,&nbsp;causing them to miss&nbsp;out on making interest on that money, in turn increasing their net loss. Also, there is the liability if someone goes into the home and gets hurt or destroys the property. Because of this the banks want to do Lakeville MN short sales and are very willing to work with you.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Myth #2: A Lakeville MN Foreclosure will go off my record in 3-5 years.</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> <strong>Yes</strong>, you could be able to get a loan after 5-7 years, but there&rsquo;s a problem. When you walk away, the bank could come back and get an deficiency judgment for the money they lost and any expenses they have incurred. The bank will tack on attorney&rsquo;s fees, late payments, interest, maintenance, lawn mowing costs, realtor fees, locksmith costs, title insurance, and all kinds of fees. A deficiency judgment will stay with you until you pay it off. Let&rsquo;s say you owe $250,000 on your home and today it is worth $170,000. According to a study, if you do a short sale, the bank will lose 19%. But, if the bank takes the home back in foreclosure and waits for it to resell, they will lose 41%. That means you&rsquo;ll owe them $102,500 on average. That is the deficiency judgment amount the bank could come after you for.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">This deficiency converts to a deficiency judgment and judgments can last up to 20 years. Most of the time, your bank will not come after you. But, the bank will sell the right to collect the money they are owed to a third party collection company. This company can then attempt to collect the debt from you.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Have you ever experienced the calls you get when you&rsquo;re behind on a credit card? These collection companies are vicious! They constantly are calling and calling and calling. They will drag you to court and ask for all your financial information. They can force you to bring in your bank statements and information on any retirement accounts such as an IRA or 401K. If you don&rsquo;t bring in the information they request, they can have a warrant issued for your arrest. You may have no prior criminal history, but you will after these collection companies are done with you. The court gives judgment collectors several ways to go after you. They can send a cop out to your home to grab anything valuable. Do you have a nice car? They might take it. Is your car paid off? If it isn&rsquo;t absolutely necessary for you to use your car for work, they can take it. No one will give you a loan with a judgment on your credit. You might not even be able to get a cell phone.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The worst thing is this debt collection company will be hounding you for 10 or even 20 year. They will do whatever they can to collect, &ldquo;their money.&rdquo; Even your current and future employment might be affected because many employers now require credit checks.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Myth #3: A Lakeville MN Short Sale will take 8-12 months</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> and can drag out even longer. This is the case when your are dealing with someone who doesn&rsquo;t have experience negotiating short sales. Our Lakeville MN short sales average 45 to 90 days. We do these every day, day in and day out. In fact, we have done over 200 short sales with banks like Chase, Countrywide, Wells Fargo, Bank of America, Wachovia and many more. The difference between dealing with someone who knows what they&rsquo;re doing and someone who doesn&rsquo;t is life changing. Don&rsquo;t let just anyone help you through this complicated web.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">When you work with our team we will do all the heavy lifting. Plus, <span style="background: yellow">our services are 100% FREE to You.</span> &nbsp;All you have to do is provide us with basic documents and let us do the rest. We will call the bank, handle the short sale negotiations, and keep you updated as to what&rsquo;s going on every week.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Myth #4: Banks and lenders rarely accept Lakeville MN short sales.</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> Our team is able to get short sales accepted 90% of the time. Here&rsquo;s why a bank may have a hard time accepting a short sale if you have not missed any mortgage payments.&nbsp; Let&rsquo;s say someone owed you a lot of money and they wanted to pay you only half of what they owed. What would you say? You&rsquo;d probably tell them to pay the full amount, correct? But, if the person came to you with cash or told you they had a major issue like divorce, heath problems death in the family or something else and just simply could not afford to pay you any money, what would you do? You would probably accept whatever you could get, right? Well, it is the same way with a bank.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Banks often tell you they won&rsquo;t take a short sale. The reason is because they want you to pay them the full amount. Or, they want to get you to agree to pay them monthly for the rest of your life.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Myth #5: A Lakeville MN Short Sale is no less damaging to my credit than a foreclosure.</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> I can tell you this. Fannie Mae and Freddie Mac, who hold 75% of all loans in America don&rsquo;t think so. They recently changed their requirements. Fannie Mae only requires two years on a short sale before you can get a new home loan. If you give your house back to the bank, you have to wait five to seven years. Several new requirements now apply which can drag this out to 7 years. Fannie Mae and Freddie Mac are the investors on more than half of the loans issued today. This makes foreclosure more damaging than even a bankruptcy, which requires a 4 year wait.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Is a Short Sale right for me? </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">It depends on your situation. Many people decide to do a short sale when they can&rsquo;t afford their mortgage payment, have already moved out of the house, or experienced a loss in income. Your lender would rather get this resolved now rather than take the property back through foreclosure.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Your lender is looking to limit their loss on your loan. Upon completion of a successful Lakeville MN short sale, your lender will end up with more money in their pocket than a foreclosure. <span style="background: yellow">Bottom line, your lender wants to work with you.</span></span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">I have two loans. Can I still do a short sale?</span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Yes</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">. Our team works to process a settlement with both lenders. Oftentimes both loans are held by the same lender. In this case it is almost like negotiating with one lender. If the first mortgage forecloses on the house the second lender loses everything. That causes them to be much more willing to cooperate. You can still do a short sale even if the sales price is less than what is owed to the first mortgage.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">How does a Short Sale affect my credit? </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">A Lakeville MN short sale will negatively affect your credit score, but not nearly as much as a foreclosure or deed-in-lieu.&nbsp; With a short sale, you can buy a house in 2-3 years versus 5-7 years if you take a foreclosure on your record. A foreclosure or deed-in-lieu has a greater affects your credit and for a longer period of time.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">In addition, many employers are now checking people&rsquo;s credit before hiring. Having a foreclosure on your credit makes getting a job that much harder. If you have or need security clearance for your job, that can be lost with a foreclosure.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">What do you charge to help me with a Lakeville MN short sale? </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; background: yellow; color: #2d2d2d; font-size: 10pt">Our services are FREE to help you with a short sale.</span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> Your lender pays all the costs involved in selling your home including title fees, closing costs, property taxes, buyer closings costs and any back taxes or Homeowner&rsquo;s Association Fees.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Do I need to be behind on my mortgage payments to qualify for a short sale? </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">No</span></b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">. You can do a short sale and never get behind on your payments. Many lenders request a genuine hardship such as a job loss, health issue, divorce, death in the family or job transfer.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">How long does a short sale take? </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">It depends on the lender and many other factors. Some short sales are done in 60 days while others take 6 months to close.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Will I owe my lender any money for the loss? </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The answer depends upon the type of loan you have and the lender you are working with. Based on our experience, most Fannie Mae and Freddie Mac loans do not pursue you for a deficiency judgment. In addition, in our experience, FHA and VA insured loans will not pursue you for a deficiency judgment. Because every short sale is handled individually and based on your specific situation it is hard to say just how the bank will respond to your short sale.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">The short sale approval letter will give a detailed description on whether or not your lender can or will pursue a deficiency judgment. In addition, if your lender issues you an1099, they will no longer have the option to pursue a deficiency. The law does not allow them to write off the debt, issue you a 1099, and then pursue you for a deficiency.&nbsp; We recommend you discuss these issue with proper counsel such as an attorney, accountant or financial advisor.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Will I be responsible for income taxes to be paid on the loss? </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">More often than not the answer is <strong>NO</strong>. The Mortgage Forgiveness Debt Relief Act of 2007 made most short sales tax free if it is your owner occupied residence. We&rsquo;ve been asked this question over and over again. So, we did a lot of research on the subject. I still recommend you contact a competent accountant or other tax professional.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><b><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">How do I get started on a short sale? </span></b></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Please contact me to get started. I will discuss all your options with you and answer any questions you have. You can call me at (952) 431-0437. Or, discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: #4294ad">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt"> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Lakeville Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 7.5pt">.</span></div> </span><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">We specialize in loan modification assistance and short sales in Lakeville Minnesota. Lakeville MN Loan Modification Help, Lakeville MN Loan Mod Help, Lakeville MN Loan Modifications, Lakeville Loan Mods, Lakeville MN Loan Mod, Lakeville MN Loan Modification. Lakeville Minnesota Short Sale, Lakeville MN Short Sale, Lakeville Minnesota Short Sales, Lakeville Short Sale, Apple Valley MN Short Sales.</span></div>Thu, 04 Nov 2010 23:34:37 GMThttp://foreclosurehelpmn.info/1408764/2010/11/04/Frequently-Asked-Questions-About-Lakeville-MN-Short-Sales.aspxHow To Stop Harassing Eagan MN Debt Collector Phone Callshttp://foreclosurehelpmn.info/1408761/2010/11/04/How-To-Stop-Harassing-Eagan-MN-Debt-Collector-Phone-Calls.aspx<p><span style="color: #800000"><strong><span style="font-size: x-large">Stop Harassing Eagan MN Debt Collector Phone Calls&nbsp;</span></strong></span></p> <p>Eagan MN Homeowners - Understand that paying credit cards and other unsecured debts are your lowest priority. An unsecured debt is a debt where&nbsp;your creditor&nbsp;can&rsquo;t take away your car or house. A secured debt has something as collateral, such as your eagan&nbsp;mn house, car, or anything of intrinsic value.</p> <p>The most commons unsecured debt is a credit card. When you stop paying on your credit card, your creditor will call you nonstop. The reason is because they don&rsquo;t have any other way to collect thier money from you.</p> <p><strong>They can&rsquo;t come get your car or take your eagan home. </strong>So, they make up for this by relentlessly harassing you with several calls a day. In addition, creditors use deceptive tricks to get you to pay them. For example, there are Federal Laws that regulate what they can do or say. They aren&rsquo;t allowed to threaten to sue you, but then not follow thru and actually file suit. To get around this rule, they will use language that sounds legal, but isn&rsquo;t.</p> <p>In one situation, a debt collector in Eagan, Minnesota named their firm to make it sound like it was&nbsp;a law firm. They would leave messages on people&rsquo;s answering machines saying they were with an office that sounded like a law firm then say they may resort to future legal action. In addition, they would reference case number 8306042. If you didn&rsquo;t know any better, you would think the case number was for an actual lawsuit against you. Scary, right?</p> <p>Most credit card accounts never sue (despite the constant threats.) Even when they do sue and get a judgment, they rarely ever attempt to garnish wages. A lot of judgments expire without getting paid. But, a lot of them get paid off when a person&rsquo;s income increases, or that person sells a valuable asset such as a house.</p> <p><strong>Here is how to stop the harassing calls.</strong> Simply ask the person who calls for their fax number or mailing address. Then, fax or mail them a letter that requests them to stop calling you.</p> <p><strong>Here is some sample language I would put into a letter for this purpose: </strong></p> <p><em>&ldquo;Under my rights in the Fair Lending Law and the Fair Debt Collection Practices Act, I hereby request you stop any and all phone calls to me or any other person. At this time, I do not wish to speak with you, anyone at your company, or anyone representing you concerning this matter. Do not contact me by phone regarding this matter. I demand that you stop calling me at home, on my cell phone, at work, at my relatives house, or any other location. Please make any future communication with me in writing. I am aware of my rights under section 805(b)2 of the Fair Debt Collection Practices Ac and am willing and able to exercise them. I am keeping track of all calls from your company and may consider recording calls.&rdquo; </em></p> <p>Make sure that when you mail the letters, you send it return receipt requested. If you have access to a fax machine, then fax it out. It&rsquo;s much easier and stops the calls quickly. Under the Fair Debt Collection Practices Act,&nbsp; a creditor or collection agency that calls you after you request them to stop may be liable for statutory damages up to $1,000 plus any actual damages suffered, plus attorney fees.</p> <p>Another tactic you can use to shut down any debt collector is to tell them you are recording the call. They back off when they realize they are on tape. You can buy an inexpensive call recorder at Radio Shack or Amazon.com. Just hook it up to your phone and you&rsquo;re ready to go. In addition, you may want to keep a log of all phone calls from debt collectors. This can be useful if you ever have to go to court.</p> <p><strong>After reading the Fair Debt Collection Practices Act, in my opinion, the following acts are prohibited: </strong></p> <p><strong>Violation #1:</strong> Call you before 8 AM or after 9PM.</p> <p><strong>Violation #2:</strong> Tell your relatives, family, or friends that you owe them money, or state that they are in the debt collection business when they contact any relatives, family, or friends.</p> <p><strong>Violation #3:</strong> Contact you after you send a written request that they cease further communication.</p> <p><strong>Violation #4:</strong> Contact you after you request they cease.</p> <p><strong>Violation #5:</strong> Threaten you with violence. In addition, they are prohibited from using obscene or profane language.</p> <p><strong>Violation #6:</strong> Publicize a list of people who owe them money.</p> <p><strong>Violation #7:</strong> Cause your phone to ring repeatedly or continuously to annoy you.</p> <p><strong>Violation #8:</strong> Call you without telling you who they are and why they are calling.</p> <p><strong>Violation #9:</strong> Mislead or falsely represent the amount owed, that they are an attorney or law firm, that if you don&rsquo;t pay then you&rsquo;ll go to jail, state or claim that you committed a crime, or threaten to take an action that is not allowed legally.</p> <p><strong>Violation #10:</strong> Not informing you that any information obtained can be used for the purpose of collecting their debt.</p> <p><strong>Violation #11: Threaten to repossess any property that they legally don&rsquo;t have the right to repossess.</strong> I remember hearing a lady calling a national talk show and saying that a debt collector had threatened to repossess her cat. What is this world coming to?!! That is definitely a violation! Cats, dogs, and children are not normally given as collateral against loans. This isn&rsquo;t the middle ages here!</p> <p><strong>Violation #12:</strong> Threaten to sue you and then not follow thru with it. In addition, they are not allowed to threaten to do anything unless they actually intend to follow thru with it.</p> <p>There are many good lawyers who specialize in helping consumers when a debt collector violates the act. Just Google &ldquo;Fair Debt Collections Lawyer.&rdquo; Many of them can help you at no cost out of your pocket. They will take on your case on a contingency basis and get paid from the money they collect from the debt collector.</p> <p><strong>Disclaimer: </strong>This is not intended to legal, accounting, or any other professional advice. I am simply giving you my personal opinion from one person to another.</p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Eagan Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> We specialize in loan modification assistance and short sales in Eagan Minnesota. Eagan MN Loan Modification Help, Eagan MN Loan Mod Help, Eagan MN Loan Modifications, Eagan Loan Mods, Eagan Loan Mod, Eagan Loan Modification. Eagan Minnesota Short Sale, Eagan MN&nbsp;Short Sale,&nbsp;Eagan MN&nbsp;Short Sales,&nbsp;Eagan&nbsp;Short Sale, Eagan Short Sales.</div>Thu, 04 Nov 2010 23:30:59 GMThttp://foreclosurehelpmn.info/1408761/2010/11/04/How-To-Stop-Harassing-Eagan-MN-Debt-Collector-Phone-Calls.aspxHow To Attempt A Lakeville MN Loan Modificationhttp://foreclosurehelpmn.info/1408758/2010/11/04/How-To-Attempt-A-Lakeville-MN-Loan-Modification.aspx<p><span style="color: #800000"><span style="font-size: large">How To Attempt a Lakeville MN Loan Modification</span></span></p> <p>&nbsp;</p> <p>Lakeville MN Loan Modification - If you&rsquo;ve ever tried to get a loan modification, then you know how tough it can be. Here is one reason why. The negotiations are all based off of how much the lender can squeeze out of you. The lenders feel like they are entitled to every penny they can get. They won&rsquo;t stop squeezing you until they get repaid every dime.</p> <p>Many <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx">Lakeville MN loan modification</a> customers end up paying more than their home is worth. Maybe they bought their home for $150,000, and took out a $150,000 mortgage. Today their home is worth $100,000. This homeowner can afford to pay down a $100,000 mortgage. However they can&rsquo;t afford to pay down a $150,000 mortgage.</p> <p>What does the lender do? They force them to pay the $150,000 mortgage. This is why you must have a Broker&rsquo;s Price Opinion of Value when you apply for a loan modification in Lakeville MN. Here is what a Broker&rsquo;s Price Opinion (BPO) is. A BPO is a Real Estate Agent or Real Estate Broker&rsquo;s opinion of the value of your home.</p> <p>To get a copy of our <a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx">Loan Modification Guide</a> and the tools necessary for a successful loan modification, <a onclick="javascript:_gaq.push(['_trackEvent','outbound-article','stopgainesvilleforeclosure.com']);" href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx"><span style="color: #000080">click here</span></a>. I will include a Broker&rsquo;s Price Opinion with this free guide just e-mail or call me.</p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Lakeville Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 10pt"> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: larger"><span style="color: navy"><font color="#2d2d2d">We specialize in loan modification assistance and short sales in&nbsp;Lakeville Minnesota. Lakeville MN Loan Modification Help, Lakeville MN Loan Mod Help, Lakeville MN Loan Modifications, Lakeville Loan Mods, Lakeville MN Loan Mod, Lakeville MN Loan Modification. Lakeville Minnesota Short Sales, Lakeville Minnesota Short Sales, Apple Valley MN Short Sales,&nbsp;Lakeville MN&nbsp;Short Sales, Eagan MN Short Sales.</font></span></span></div> </div>Thu, 04 Nov 2010 23:27:12 GMThttp://foreclosurehelpmn.info/1408758/2010/11/04/How-To-Attempt-A-Lakeville-MN-Loan-Modification.aspxMissing Mortgage Payments on your Lakeville, Mn Home? You are not alone...http://foreclosurehelpmn.info/1406280/2010/11/03/Missing-Mortgage-Payments-on-your-Lakeville-Mn-Home-You-are-not-alone.aspx<p><span style="font-size: x-large"><span style="color: #800000"><b><font face="Cambria">Distressed Lakeville MN Homeowners Are Not Alone</font></b></span></span></p> <div style="margin: 0in 0in 0pt">&nbsp;</div> <div style="margin: 0in 0in 0pt"><font face="Cambria">Lakeville MN Stop Foreclosure - A study by Fitch Ratings estimates 7 million homes across the U.S. are delinquent. For homeowners who are struggling to make mortgage payments&mdash;or are behind already&mdash;know that you&rsquo;re not alone. <br /> <br /> </font></div> <div style="margin: 0in 0in 0pt"><font face="Cambria">As a Certified Distressed Property Expert (CDPE), I have been extensively trained to help you or someone you know pursue alternatives to a lakeville mn foreclosure.</font></div> <div style="margin: 0in 0in 0pt">&nbsp;</div> <div style="margin: 0in 0in 0pt"><font face="Cambria">Did you know lenders would rather not foreclose on homeowners? It&rsquo;s actually a very expensive process for them.&nbsp;Banks are in the business of lending money, not selling homes. If they can work out a solution to either keep the homeowner in the property through <a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx">loan modification</a> or possibly <a href="http://foreclosurehelpmn.info/Seven-Short-Sale-Myths.aspx">sell the property for less than what is owed</a>, it helps all parties involved. </font></div> <div style="margin: 0in 0in 0pt">&nbsp;</div> <div style="margin: 0in 0in 0pt"><font face="Cambria">Problem is, banks are overwhelmed with the sheer number of lakeville mn&nbsp;homeowners struggling to make their payments, and are eager to work with educated agents who know the process and can help provide solutions for distressed homeowners.&nbsp;As a CDPE, I can help you or someone you know find a way through these troubling times. </font></div> <div style="margin: 0in 0in 0pt">&nbsp;</div> <div style="margin: 0in 0in 0pt"><font face="Cambria">If you or someone you know owes more on their home than what it&rsquo;s worth and doesn&rsquo;t know what to do, I encourage you to call me today.</font></div> <div style="margin: 0in 0in 0pt">&nbsp;</div> <div style="margin: 0in 0in 0pt"><font face="Cambria">Our short sale team has been helping families for the last 6 years. We successfully completed over 90% of the short sale transactions we take on. Our goal is to help as many families as we can in 2010. Please call or e-mail me for a FREE No Cost, No Obligation Consultation to find out your options. </font></div> <div style="margin: 0in 0in 0pt"><font face="Cambria"> <p>Get the tools you need for a successful Lakeville MN loan modification by <a href="http://foreclosurehelpmn.info/On-the-Edge-of-Losing-Your-Home.aspx"><span style="color: #000080">clicking here.</span></a></p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Lakeville Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <p>We specialize in loan modification assistance and short sales in The Lakeville MN Area. Lakeville MN Short Sales,&nbsp;Lakeville MN short sales, Lakeville MN Avoid Foreclosure, Apple Valley MN Short Sales,&nbsp;Lakeville MN&nbsp;Loan Modifications,&nbsp;Lakeville MN Loan Mods,&nbsp;Apple Valley&nbsp;MN Loan Mod,&nbsp;Bloomington MN Loan Modification.</p> </font></div>Wed, 03 Nov 2010 22:32:43 GMThttp://foreclosurehelpmn.info/1406280/2010/11/03/Missing-Mortgage-Payments-on-your-Lakeville-Mn-Home-You-are-not-alone.aspxAvoid Foreclosure in Apple Valley MN - You Have Optionshttp://foreclosurehelpmn.info/1405143/2010/11/02/Avoid-Foreclosure-Apple-Valley-MN-You-Have-Options.aspx<p><span style="color: #800000"><span style="font-size: large">Avoid a Foreclosure on your Apple Valley, MN&nbsp;Home!!</span></span></p> <p>&nbsp;</p> <p>Apple Valley, MN Avoid Foreclosure &ndash; If you are&nbsp;facing foreclosure, you are probably under stress. You don&rsquo;t know what is going to happen or where&nbsp;you can&nbsp;turn. Some questions you might be asking yourself: How long will it take before the bank kicks us out on the street? Will I owe my lender a ton of money? Will I ever get my life back? We have developed <a href="http://foreclosurehelpmn.info/Home.aspx">ForeclosureHelpMn.info </a>to answer these questions. <a href="http://foreclosurehelpmn.info/Options-and-Solutions.aspx">You need to know your options and avoid foreclosure. </a></p> <p><strong>Option #1: Do nothing:</strong> and your lender forecloses on your home. Please be aware in Minnesota the foreclosure process can take a long time. I&rsquo;ve seen it take some lenders up to two years to foreclose on a home. Some banks have better lawyers and can get a foreclosure done in 3-4 months. However, that is highly unlikely.</p> <p><strong>Option #2: Deed-In-Lieu of Foreclosure:</strong> A &ldquo;Deed-in-Lieu&rdquo; is where you hand your lender the keys to your home for nothing. This allows the lender to sell your home faster and protect their investment. Basically, you are giving them permission by willingly allowing them&nbsp;to&nbsp;foreclose on your home.&nbsp;What benefit does it give you? None. Do not consider this option unless the lender gives you something in return. <a href="http://foreclosurehelpmn.info/Short-Sale-and-Deed-In-Lieu.aspx">Click Here for a FREE&nbsp;report</a></p> <p><strong>Option #3: Loan Modification:</strong>&nbsp;Allows you to reduce your mortgage payment. If you want to keep your home, this is a good option. Many lenders will reduce your interest rate, or extend the term of your loan. To qualify, you often have to send your lender pay stubs, bank statements, and other financial documentation. <a href="http://foreclosurehelpmn.info/Truth-About-Mortgage-Modifications.aspx">Click here to get more information about this option</a>.</p> <p><strong>Option #4: Reinstatement:</strong> This is when you pay the lender for all back payments, late fees, and other related costs. After which you start making your original monthly payments. This restores your account to its former status. The only problem is it requires you to come up with all your back payments, interest&nbsp;and miscellaneous fees.</p> <p><strong>Option #5: Get a New mortgage and pay off your old mortgage.</strong> This is a good option if you still have equity in your home. However, if you owe more than your home is worth, it will be hard to find a lender willing to pay all your lien holders off. If you have any late mortgage payments this option will be very difficult to find.</p> <p><strong>Option #6: Sell the property. </strong>If you don&rsquo;t want your home anymore, selling your home is a good option to consider. However, if you owe more on the mortgage than your home is worth, you will need to sell using a short sale. <a href="http://foreclosurehelpmn.info/Your-First-Steps-To-Avoid-Foreclosure.aspx">Click here for additional details</a>&nbsp;</p> <p><strong>Option #7: Rent the property.</strong> This is a good way to earn some extra money. However, many mortgages are written with legal clauses which force you to forward any rent proceeds to the lender. In addition, many local and state governments have recently written laws forbidding you form renting a property unless the mortgage is current. You should get legal advice before you proceed with this option.</p> <p><strong>Option #8: Bankruptcy.</strong> This was a great option to give you a&nbsp;fresh start. However, in recent years bankruptcy laws have tightened up considerably. Instead of allowing you to file a Chapter 7 bankruptcy which gets rid of all your debts. The law now forces a bankruptcy judge to steer you toward a Chapter 13 bankruptcy. The difference between the two is a&nbsp; A Chapter 13 basically sets you up on a court monitored repayment plan.</p> <p>Under a Chapter 13, many people find themselves stuck under the same burden of debt which caused their problem in the first place. Only this time, they have to pay all the extra costs associated with bankruptcy. I&rsquo;ve heard some experts say your just better off not paying your creditors than doing a Chapter 13 bankruptcy. This costs you less money out of pocket and your credit gets cleaned up faster.</p> <p><strong>Option #9: Short Sale.</strong> A <a href="http://foreclosurehelpmn.info/Foreclosure-Vs-Short-Sale.aspx">short sale </a>is when you owe more&nbsp;on your home&nbsp;than it's&nbsp;worth. You sell it with the assistance of a licensed real estate agent at&nbsp;NO&nbsp;Cost to you.&nbsp;The realtor gets paid by your lender. It is well known that a lender will net more money on a short sale, 26% more money,&nbsp;than taking a home back thru foreclosure. Why? A lender saves money on interest, attorney fees, and other related foreclosure costs.</p> <p>A recent study done by the Boston Consulting Group showed a lender will reduce their losses considerably with a short sale. If you are interested in a <a href="http://foreclosurehelpmn.info/Short-Sale-vs-Foreclosure.aspx">short sale</a>, then fill out your info at the bottom of this page. In fact,&nbsp;Mn Short Sales&nbsp;reduce a lenders losses by 26% on average versus foreclosure.</p> <p><strong>Here is what we do when helping you with a short sale:</strong></p> <p><strong>Step #1:</strong> We list your home for sale just as we would a regular Minnesota real estate listing</p> <p><strong>Step #2:</strong> We collect all of the necessary real estate documents from you to process a short sale.</p> <p><strong>Step #3:</strong> After we find a buyer who wants to purchase your home, we contact your lender&rsquo;s loss mitigation department. We ask them what documents are necessary to submit the short sale package and how to send it to them.</p> <p><strong>Step #4:</strong> We then submit the buyer&rsquo;s offer and all short sale paperwork your lender requires. We have a complete checklist we follow so everything is submitted properly.</p> <p><strong>Step #5:</strong> We follow up with your lender once a week to negotiate the short sale. There is a lot of time involved at this stage of the process. Many lender's short sale departments are extremely busy with 1,000's of files. However, with a little patience and perseverance, over the last 5 years,&nbsp;our team has&nbsp;been able to get 90% of the 200+ short sales we've taken on CLOSED. So, odds are good we will get your short sale done too.</p> <p><strong>Step #6:</strong> Upon your lender's short sale approval we coordinate everything&nbsp;needed for a&nbsp;successful closing. We follow up with all the inspections, appraisals, surveys, and buyer&rsquo;s financing.</p> <p><strong>Step #7:</strong> Closing. Everything is completed and you finally have that Gorilla off your back. At this point every seller is relieved to get back up on their feet and have a fresh start. It&rsquo;s closure.</p> <p><span style="background-color: #ffff00"><strong>Discover how we helped 200+ families&nbsp;successfully completed a short sale&nbsp;in the last 5 years.&nbsp;Request your free consultation by filling out the information below. </strong></span></p> <p><span style="background-color: #ffff00"><strong>Get specific answers to your unique situation and get them fast. We can help you or someone you know avoid foreclosure today.</strong></span></p> <p>Tim Murphy, real estate agent at Re/Max Results. Call Tim at (952) 431-0437. Tim is Certified Distressed Property Expert. Tim has made it his personal mission to help as many people as possible avoid foreclosure and get back on their feet.</p> <p>Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/On-the-Edge-of-Losing-Your-Home.aspx"><font color="#4294ad">clicking here</font>.</a></p> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Thanks for reading this, Tim Murphy.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Tim is a local Apple Valley Mn real estate agent&nbsp;@ Re/Max Results.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Phone: (952) 223-0999.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">P.S. Please feel free to call or e-mail me at anytime for a <b>FREE No Cost, No Obligation Consultation</b>.&nbsp;My goal is to help as many people as I can in 2011.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Get the tools you need for a successful loan modification by <a href="http://foreclosurehelpmn.info/Avoiding-Mortgage-Modification-Fraud.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">Discover how other sellers successfully did a short sale and request a free consultation by <a href="http://foreclosurehelpmn.info/Contact-Us.aspx"><span style="color: navy">clicking here</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-family: 'Arial','sans-serif'; color: #2d2d2d; font-size: 10pt">View my homes for sale at <a href="http://www.homesmn.info/InstantListings/"><span style="color: blue">www.HomesMN.info</span></a>.</span></div> <div style="line-height: normal; margin: 0in 0in 10pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Tim Murphy, MN &amp; WI Licensed Realtor</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><span style="color: #808080"><font face="Calibri"><b><span style="font-size: 16pt">Metropolitan Home Team</span></b></font></span></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><b><span style="color: red; font-size: 16pt">RE</span></b><b><span style="color: navy; font-size: 16pt">/</span></b><b><span style="color: red; font-size: 16pt">MAX </span></b><b><span style="color: navy; font-size: 16pt">RESULTS</span></b></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Phone: 952.223.0999</span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">E-mail: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a href="mailto:TimMurphy@MetropolitanHomeTeam.com"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">TimMurphy@MetropolitanHomeTeam.com</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt"><font face="Calibri"><span style="color: navy; font-size: 16pt">Website: </span><span style="font-family: 'Arial','sans-serif'; color: navy; font-size: 16pt"><a title="blocked::http://www.johnsonmurphyhomes.com/" href="http://www.johnsonmurphyhomes.com/"><span style="font-family: 'Calibri','sans-serif'; color: #e51b1e">ForeclosureHelpMN.info</span></a></span></font></div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <div style="line-height: normal; margin: 0in 0in 0pt">&nbsp;</div> <p>We specialize in loan modification assistance and short sales in The Minneapolis Metro Area. Apple Valley MN Short Sales,&nbsp;Apple Valley&nbsp;MN short sales, Apple Valley MN Short Sales, Apple Valley MN Short Sales,&nbsp;Apple Valley MN&nbsp;Loan Modifications,&nbsp;Apple Valley MN Loan Mods,&nbsp;Apple Valley&nbsp;MN Loan Mod,&nbsp;Bloomington MN Loan Modification.</p>Tue, 02 Nov 2010 23:36:51 GMThttp://foreclosurehelpmn.info/1405143/2010/11/02/Avoid-Foreclosure-Apple-Valley-MN-You-Have-Options.aspx