Bentonville/Rogers/Bella Vista To See New Wave Of Foreclosures For Sale This is good news for investors and buyers. Hopefully, there will be a lot more good deals hitting the market soon. Basically, what happened was in the Fall of 2011 a bankruptcy case questioned whether foreclosures in Arkansas had been completed in accordance with Arkansas State Law. […]
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Shortsale posted by Bentonville Realtor Cody Burnett
Are you behind on your mortgage? If so, you have more options then you probabaly know about. The most common is a shortsale. A shortsale is basically where your lender allows you to sell your home for less then you owe on it. They sometimes forgive the deficiency and sometimes they do not. The best […]
HAFA Program…Avoid Foreclosure posted by Bentonville Realtor Cody Burnett
As a way of helping distress home owners the government introduced what is known as the HAFA (Home Affordable Foreclosure Alternatives) Program. It is desigtned to give home owners who are in danger of having their home foreclosed options that will keep them out of foreclosure. The program makes shortsales or deeds-in-lieu of foreclosure an […]
HAMP Program…Avoid Foreclosure posted by Bentonville Realtor Cody Burnett
The HAMP (Home Affordable Modification Program) is designed to help home owners avoid losing their home to foreclosure by allowing them to modfiy their loan to make the payments more managable. The borrower must qualify for the HAMP: the borrower must be behind on the mortgage and be on a course for foreclosure, the home must be the borrowers principal resdience, […]
Bank of America Opens Offices For Troubled Loans by Bentonville Realtor Cody Burnett
Southington, Connecticut has a Bank of America location specifically for troubled home loans.It is located at 738 West Street in Suite 1B, customers must call for an appointment between 9am and 6pm Monday through Friday and 9am to 1pm on Saturday. The people or person with the trouble loan can walk into the branch for […]