I decided to revisit this topic because is a topic right now that homeowners whom are not being helped or assisted by their mortgage loan lender tend to believe walking away from their home and pocketing instead the mortgage payment is the more sound alternative. I am a Real Estate Investor and specialize in Short Sales and offer free education of Forensic Mortgage Loan Audits.  Like many of us investors, I take it upon myself to constantly educate myself and update our staff in the company so we can find this homeowners in distress and educate them.  Show them the consequences...

25% Since Its Start Had Received Permanent Relief Latest report from the Treasury Department adds to the problems in the Obama administration’s $75 billion program. While government electors summed it as a helping hand that could aid in turning around the housing market, others see it as something that prolongs the inevitable surge of foreclosures. The others appear to be right; as evidence shows the number of homeowners abandoning the mortgage assistance program is about equal to those whom have received permanent relief. And abandoners are on the rise. As of last month, over 299,000 homeowners had received permanent loan modifications,...

Strategic Defaults:  The Financial Decison To Walk Away Investors, this movement is the latest mainstream now for the ethical and educated investor. We must continue being ready to not only answer questions and help distress homeowners of underwater and/or upside down properties, whom from the video below seem to be at a loss of hope in keeping their dream home or avoid foreclosure, but make a better job at reaching out to this homeowners whom are making the financial decision to walk away ( strategic default ) before they start thinking walking away from their home is the better option. Watch...

Homeowners that are troubled with a property or house that is worth less than the amount owed on the mortgage loan, also called underwater mortgages,  may have other options by either a principal reductions, lower payments or interest rate,  and/or a short sale. Underwater houses with little or no equity have been becoming a more widespread problem over the last few months and homeowners are growing aggravated with good reasons. Some homeowners, like the ones who want to make a profit on their home in the future, have been either asking for principal reductions hoping they can bring the amount owed on the mortgage closer to the current market...