Comments for beehomesolutions.com

Comment on How to obtain financing after a bankruptcy, foreclosure or short sale by admin

admin — Mon, 27 Feb 2012 21:08:39 +0000

Typically what we’ve seen is that the lender will issue a 1099c at the beginning of the following year to the homeowner. This is counted as income to the homeowner and provides an accounting task for the lender to write off the remaining debts. In some cases, the lender may come after you in a separate action for the difference but we aren’t seeing this as the standard. You may want to checkout the Mortgage Debt Relief Act as well to see what rights you have in this situation. *Note: The previous statements are just opinion based on experiences and should not be construed as legal advice. Thanks again for your question and best of luck.

Comment on How to obtain financing after a bankruptcy, foreclosure or short sale by mr. PoorNoMore

mr. PoorNoMore — Sun, 26 Feb 2012 15:31:22 +0000

i would like to know do mortgage companies in general purse home owner after foreclosures for the difference of the mortgage and the auctioned price of the home. so if i let the home go into forecloure and the mortgage company finally sales the home will the mortgage company purse me for the loss.

Comment on Great Brick Ranch in Charlotte with Detached Double Car Garage Suite! by admin

admin — Wed, 14 Sep 2011 03:40:41 +0000

Hi Elena, this house has been sold. I’m going to remove the post. Are you looking for something similar in that area? Just let me know what exactly you are looking for so I can help you further. THanks! Mike

Comment on Great Brick Ranch in Charlotte with Detached Double Car Garage Suite! by elena michel

elena michel — Thu, 08 Sep 2011 02:05:39 +0000

hi Mike! could you please contact me about this house! Thank you.

Comment on Top Six Down Payment Mistakes by admin

admin — Wed, 01 Jun 2011 19:31:33 +0000

HI Karla,
Unfortunately the lending industry has become much more stringent to obtain financing due to the high level of defaulted loans. But even before the downfall the past few years, the underwriters approving your mortgage just want to make sure that the funds were meant for your transaction and also that by receiving them it doesn’t effect your ability to make the payments. Whether its wrong or right, that’s the way the system is setup. The best bet is to just provide documentation as to where the money came from and see what your mortgage broker suggests from there. Thanks for writing in…
Mike

Comment on Top Six Down Payment Mistakes by Karla

Karla — Thu, 26 May 2011 21:41:38 +0000

Hi Mike,
Regarding #4, what are acceptable answers? It feels like the lender is really just trying to nickel and dime the consumer by creating more work.

If I received the funds in full faith and very legally, why is it put on the consumer to prove to the lender that I’m not getting drug money or putting the country in jeopardy through some sort of terrorist plot?

Aren’t I the customer? I’ve proven that I can make the down payment AND pay the mortgage faithfully, have gotten the credit approval, now this?

Comment on Top Six Down Payment Mistakes by admin

admin — Tue, 18 Jan 2011 16:54:12 +0000

Hi Gabriel and Juana,
If your desire is to keep the home, the best option is to try again to workout a modification with BofA. It is a frustrating process for sure but you have to keep in contact with them and let them know what payment you can afford. I’m not surprised to hear that they previously provided you with an option of a higher payment. That seems to be common. You can submit the new forms and then escalate to a manager that can really work with you. We focus on purchasing homes and helping the homeowner to avoid foreclosure but the key to loan modifications at big banks is to get the right person on the other end of the phone. Best of luck to you.
Mike

Comment on Top Six Down Payment Mistakes by gabriel & Juana

gabriel & Juana — Sun, 02 Jan 2011 05:13:44 +0000

We have a concerned question, we have a home in Tucson; we have no job and are behind two months with a mortgage from Bank of America. We sent them a letter explaining our financial situation. Bank of America sent us back a modification form, which I am not willing to apply for again because with the last modification, the mortgage payment was raised . We want to keep the house, what do you recommend for us to do? Thank you.

Sincerely,

Gabriel & Juana

Comment on $8000 First Time Home Buyer Grant Demystified by tiffany online

tiffany online — Thu, 04 Nov 2010 07:11:03 +0000

The artile is so good to let me read again! It makes me konw more about the product.The product that I’m always interested in.Now I ‘m really interested in the things that the articl mentioned.

Comment on $8000 First Time Home Buyer Grant Demystified by Freewmefrex

Freewmefrex — Sat, 30 Oct 2010 23:15:16 +0000

Hello I’m new here. I am sorry for any reason if this this is the wrong place for thispost but I hope If some one here on beehomesolutions.com would be able to
help me to choose the better choice. The forums here are absolutely great and certainly plan on sticking around for as long as I am welcome.