How long do I need to stay here before my homes value equals my mortgage balance?
Here is an easy and quick calculator that will show you how long you need to stay in your home and keep paying your mortgage before you are back to 'even' DoesItPayToStay.com
If you have any questions about short sales or other foreclosure alternatives
Each GSE as well as each lender has their own rules and guidelines regarding if and how they will proceed with a short sale.
If you are “upside-down” on your home and want to start exploring your options, one of the first things you’ll need to do is to check if you have a GSE loan.
I have provided 2 links below to help you out.
Freddie: https://ww3.freddiemac.com/corporate/
Fannie: http://www.fanniemae.com/loanlookup/
If you’d like to discuss your situation and possible options confidentially, please call me on my direct line at 561-602-1258.
If you’re upside-down, don’t wait…find out who has your loan…then call me.
Thanks for reading…Steve
The Jackson Realty Group is committed to educating Palm Beach County homeowners regarding their options when they owe more on their mortgage than their home is worth. This blog will provde you with informational articles and links to help you understand each option, it's possible outcome and the upside/downside to each. Please call us at 561-432-5202 or send us an email (above) to schedule a no obligation meeting at our office or your home.
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