That’s why the lady is a HAMP…or is it Jimmy HAFA?

August 24, 2010 By Mike Leave a Comment

If the corny title to this blog post didn’t get your attention, I think that the details behind it will.  Mike Moulton of Bee Home Solutions, Inc. in Charlotte, NC discusses the pros and cons of the government programs surround HAMP (Home Affordable Modification Program) and the HAFA  (Home Affordable Foreclosure Alternatives) program.

HAFA is designed for homeowners who have applied to HAMP for assistance but have had no success with their loan modification program. To participate in HAFA, homeowners must still meet HAMP’s eligibility criteria (principal residence, first-lien mortgage, serious delinquency, unpaid balance under $729,750, and a mortgage payment over 31 percent of gross income).

Watch the video for more details. Bee Home Solutions, Inc. is a licensed real estate firm in NC and helps to provide numerous no fee solutions to homeowners facing foreclosure.  704-885-0488 begin_of_the_skype_highlighting              704-885-0488      end_of_the_skype_highlighting.

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Filed Under Blog Tagged With Charlotte Nc, foreclosure, HAFA, HAMP, short sales

NOTICE: North Carolina Homeowners – Just Tell Your Lender Not To Foreclose

May 4, 2010 By Mike Leave a Comment

The North Carolina Commissioner Of Banks (NCCOB) announced last week new rules to help prevent foreclosures in North Carolina.  These rules govern licensed mortgage servicers and will go into effect on June 1, 2010.

The new rules are to aid homeowners that are trying to work out other payment options, loan modifications, etc. with their lenders but finding that they don’t have enough time to get these actions done before a foreclosure auction date.  This is in response to many homeowners losing their homes WHILE they are working with their lenders.  The foreclosure process presses on (120 days in NC) and the homeowner never gets an answer promptly on new terms for their loans.

The 2 main points of this new rule are: [Read more...]

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Filed Under Blog Tagged With Charlotte Foreclosures, North Carolina Foreclosure Help, second mortgage foreclosure, short sales

You Need To Sell Your House Quickly But Don’t Have Time For To Put On The Market

August 12, 2009 By Mike 2 Comments

In this weeks 1 Minute Real Estate Quick Tip discusses the topic of what you need to do to sell your house quickly when you don’t have the time to list it on the real estate market.  Being an investor and broker in the greater Charlotte, NC area, we have faced a lot of situations in which we’ve had to provide creative solutions for home sellers in a tight timeframe.

Mike also addresses our viewers that have been joking with me about the videos going over 1 minute in length.

Checkout the video below and be sure to tune in next week for the 1 Minute Real Estate Quick Tip by Mike Moulton

Please provide your comments to this blogpost with your thoughts!
Thanks

Mike

Also, if you are facing foreclosure in the greater Charlotte area feel free to visit our site at http://www.charlotteforeclosurechallenges.com to view an abundance of free resources to answer all of your questions.

Watch last weeks video on The Difference between buying a HUD, REO, or Short Sale Property here

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Filed Under Blog, Video Tips Tagged With Charlotte Nc, Foreclosures, Mike Moulton, sell home fast, short sales