The next step in your credit repair process is a very important one. This is the time where you check the results of your efforts so far. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. The credit bureaus have now sent you their results, including a new credit [...] Read more

 The next step in the process of getting a cleaned up credit report, is the one that takes the least effort, but the most patience: WAITING. You’ve done your part to get the ball rolling, and now the credit reporting companies have to do their part. Click here to discover how other sellers successfully did [...] Read more

 Once your strongly worded credit report dispute letters are written to each of the three credit reporting companies, then it is time to get it into the hands of their dispute department. The goal is to get your letter read, taken seriously, and responded to. Click here to discover how other sellers successfully did a [...] Read more

Using your work on the credit report, you are ready to take action. You are now going to write a letter to the credit bureaus about the items you’ve highlighted and noted. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. You are writing to the credit bureaus because [...] Read more

One of the common reasons that people are concerned about a foreclosure or short sale in their history is because they are concerned about their credit score. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. While it’s true that your credit score will be adversely affected by these [...] Read more

The biggest advantage a short sale has over a foreclosure is that you can buy your next home much sooner. Under current lending guidelines, you can buy another home in 3 years after a short sale. After a foreclosure you have to wait 5-7 years in most cases. Click here to discover how other sellers [...] Read more

The Stop foreclosure Institute recently received a question from Tom about short sales. Here was Tom’s Question. “My Ex-wife decided to Short Sell our former house. Unfortunately we both signed the mortgage when we bought the house together. I think that means I am still liable for the debt. The court gave her the home [...] Read more

It seems unlikely that the big banks could help the housing marketing and make a profit at the same time. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. #1: Approve more Loan Modifications. Every loan modification is one less home that has to be sold as a distress [...] Read more

Are you looking to buy a short sale? Before you make an offer, you need to check and see how competent the agent handling the short sale is at short sales. This agent will usually be in charge of processing the short sale with the lender. Click here to discover how other sellers successfully did [...] Read more

The Stop Foreclosure Institute gets asked this question quite a bit. The answer depends on the type of loan you are looking to use to purchase your next home. Here are the details on your options to buy another home after a short sale. Click here to discover how other sellers successfully did a short [...] Read more