SEARCH MD SHORT SALES

Sometimes, a Loan Modification is a solution for a borrower who wants to stay in their property.  A  mortgage pay rate reduction will lower the monthly mortgage payment to a manageable amount.  Maybe the payment has not been made for a while, but the borrower can now afford to start making payments again.

The borrower has to qualify again for a loan. The most important factor the bank will check out is your ratios. . .can you afford the monthly payment based on your verifiable income?  “Reportable” past income history for the last two years. . . reported. 

Contact Fernando for a free consultation to discuss in more detail the Short Sale option for you in Maryland, DC or Virginia
Fernando Herboso

Tags: short sale, short sale Realtor Fernando Herboso, short sales information, short sales maryland, short sales MD, short slaes listings

This entry was posted on Thursday, June 12th, 2008 at 11:02 am and is filed under 1) LISTINGS, 2) Fairfax County, VA, 3) Frederick County, MD, 4) Montgomery County, 5) P.G. County, MD, 6) Washington, D.C., 7) General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.