Posts made in February, 2011

Loan Modifications

Posted by on Feb 28, 2011 in loan modifications

For those that have a payment increasing because of an ARM, a loan modification may be a good choice for you if you aren’t too far behind on payments. If you get past the Minnesota sheriff sale then you wouldn’t do a loan modification at that point.  You may have to sell for over the low bid at the sheriff sale, or do a short sale if the lender is still willing to negotiate.  Our agents are here to help...

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Default on a Contract for Deed

Posted by on Feb 28, 2011 in contract for deed

If a buyer were to default on a contract for deed they could expect that the seller will contact their attorney and initiate the cancellation process.  We believe a buyer is less likely to default if they were to first research their desired monthly payment with a payment calculator.  By doing some upfront research buyers are likely to have a higher success rate.  The cancellation process may take a couple of months, but in a period of time the...

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Rent to Own Blank Template Form

Posted by on Feb 28, 2011 in rent to own

If you’ve searched online for a rent to own blank template form and haven’t found one, you are welcome to contact one our agents and if they work with you and are able to come up with a win-win scenario with some commission they’d be happy to help provide the forms, fill them out, do the work of negotiating with both parties and show the properties to the buyer.  While you are searching online, try some legal websites.  Their are...

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