Visit me at FaceBook

David Parker

Create Your Badge

The Impact of Foreclosure

The best way to avoid foreclosure is to pursue alternatives like a short sale or a loan modification. Don’t run from the obligation, but instead confront it head on with an experienced Realtor and your lender to determine the best approach.

January 31st, 2010 | Tags: | Category: Loan Modification, Short Sales, Stopping Foreclosure | Leave a comment

Those Who Wait Will Pay Thousands More This Spring

Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA).

Coming just weeks before the April 30 deadline for the Home Buyer Tax Credit and [...]

January 28th, 2010 | Tags: | Category: Buying Foreclosures or Short Sales, Financing & Mortgages, First Time Home Buyers | Leave a comment

Good News about Short Sales

New rules from the U.S. Treasury could figure prominently in Central Florida’s housing market, where about one in every five existing-home purchases involves a short sale.
Key Points of the New Rules: Emerges between now and April; Only banks that owe the federal government TARP bailout funds must comply; New federal guidelines give lenders a 10-day [...]

January 21st, 2010 | Category: Buying Foreclosures or Short Sales, Loan Modification, Short Sales, Stopping Foreclosure | Leave a comment

Fannie Mae and Freddie Mac Loan Modification

I just explored this great opportunity if you are having a hardship and you live in your primary residence. If your 1st mortgage is backed by Fannie Mae or Freddi Mac, the FED has approved the HAMP program that will allow you to reduce your Principle & Interest to a more reasonable payment. In some [...]

January 21st, 2010 | Tags: | Category: Credit Repair, Financing & Mortgages, Loan Modification | Leave a comment