When the housing market crashed in 2008, millions of homeowners suddenly found themselves in danger of losing their homes to foreclosure. To help these homeowners, in 2009 the U.S. Treasury launched the Making Home Affordable (MHA) program, which is comprised of several subprograms designed to help distressed homeowners avoid foreclosure.

One of the most talked about ...]]>

When the housing market crashed in 2008, millions of homeowners suddenly found themselves in danger of losing their homes to foreclosure. To help these homeowners, in 2009 the U.S. Treasury launched the Making Home Affordable (MHA) program, which is comprised of several subprograms designed to help distressed homeowners avoid foreclosure.

One of the most talked about elements of the MHA program is the Home Affordable Foreclosure Alternatives program, or HAFA. The HAFA program creates options for homeowners who owe more on their mortgage than the property is worth and don’t know what to do. Even better, it allows relocation assistance of $3,000 to be paid to eligible homeowners in this situation.

HAFA also helps the process go more quickly by mandating that banks keep in contact and make decisions in a timely fashion. To learn more, you can download my free report entitled “Struggling to Make Your Mortgage? Uncle Sam May Pay You to Sell Your House!” by filling out the form below.

As a real estate professional with the Certified Distressed Property Expert (CDPE) designation, I offer all of my clients the benefit of the best expertise and insights when it comes to foreclosure avoidance.

Feel free to call or email with any questions or for a FREE consultation to discuss your specific situation.

On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act. This extension of this act, which has saved homeowners more than $1 billion dollars in taxes, is great news for struggling homeowners nationwide.

The Mortgage Forgiveness Debt Relief Act was originally passed in 2007 to aid the millions of homeowners who ...]]>

On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act. This extension of this act, which has saved homeowners more than $1 billion dollars in taxes, is great news for struggling homeowners nationwide.

The Mortgage Forgiveness Debt Relief Act was originally passed in 2007 to aid the millions of homeowners who suddenly found themselves in danger of losing their homes to foreclosure following the housing market crash.

Under the Mortgage Forgiveness Debt Relief Act, any debt forgiven in a short sale, foreclosure, or loan modification, is exempt from federal taxes on primary residences. For homeowners facing foreclosure, this exemption saves them from paying thousands, or even tens of thousands, in taxes on top of losing their homes.

Now for another year, homeowners can take advantage of this exemption and avoid foreclosure without the fear of an impossible tax liability.

As a Certified Distressed Property Expert (CDPE) agent, I am specially trained to help homeowners escape the threat of foreclosure. If you or someone you know is facing foreclosure, contact me for a private consultation. I can help find a solution.

While the Mortgage Debt Relief Act is a huge benefit to this who owe more than their home is worth and are in a financial position where keeping the home either ...]]>

As part of the Fiscal Cliff negotiations the Mortgage Debt Relief Act was extended another year with it’s new expiration to be December 31, 2013.

While the Mortgage Debt Relief Act is a huge benefit to this who owe more than their home is worth and are in a financial position where keeping the home either does not make sense or is not an option. This Mortgage Debt Relief Act reliefs the seller of the burden of being taxed on the difference of what the home is worth and what it sells for. For Bay Area home owners the taxes on short selling your home can be substantial considering the average sales price for homes in this region of the country. Additionally if the lender accepts the short sale than they are also removing giving up their ability to come back after the seller at a later date to get a deficiency judgement.  If you owe more than your home is worth and are either having trouble making your mortgage payments or need to leave your home then you must give us a call today to discuss your options. We offer a free consultation to discuss your specific situation so that you can understand exactly what your options are.

As recently as a few months ago, if you would have told a real estate agent who specialized in short sales that they’d be raving about a lender’s stellar service and rapid approval times—not to mention significant cash incentives for financially strapped homeowners for pursuing a short sale—you’d have gotten some strange looks.

That’s all changed.  ...]]>

As recently as a few months ago, if you would have told a real estate agent who specialized in short sales that they’d be raving about a lender’s stellar service and rapid approval times—not to mention significant cash incentives for financially strapped homeowners for pursuing a short sale—you’d have gotten some strange looks.

That’s all changed.  And it’s changed faster and to a greater extent than most real estate professionals ever could have imagined.

With a glut of bank-owned properties dragging down the recovery of the real estate market, as well as the national economy, major lenders are more eager than ever before to avoid foreclosure. So they’ve sharpened their focus on short sales. Big time.

The biggest lenders in the country have staffed up to ensure rapid processing of short sale applications. They’ve ponied up with cash incentives at closing for homeowners who pursue a short sale. And they’re proactively reaching out to CDPE agents and putting them in touch with delinquent borrowers.

This is big news and the media has not really caught onto it yet. What’s important for you to know is that whatever you’ve read or heard in the past about long lag times and frustrations with short sales is probably no longer the case.

As a member of the CDPEAdvanced community, I’m tapped into major lenders and on top of major developments affecting short sales and bank-owned properties.  Feel free to contact me any time at (925) 984-3992 if you or anyone you know is struggling with an unmanageable mortgage.

Loan Modification Secrets

For some homeowners in danger of losing their home to foreclosure, there has been a lot of incomplete information out there. For example, many believe that a loan modification is a “cure-all” for distressed homeowners. While it is true that it can be a good option for some people, it isn’t always ...]]>

Loan Modification Secrets

For some homeowners in danger of losing their home to foreclosure, there has been a lot of incomplete information out there. For example, many believe that a loan modification is a “cure-all” for distressed homeowners. While it is true that it can be a good option for some people, it isn’t always the best solution.

There are many more options available to homeowners.

As a real estate professional with the Certified Distressed Property Expert (CDPE) designation, I have put together a list of 5 questions that anyone who is in danger of losing their home should ask before they make a decision.

Call me for a copy of my free report entitled “Loan Modification Secrets” and then contact me for a free, confidential consultation.

Bob Gibbs

(925) 984-3992

I would not be surprised to find out that you have heard that a foreclosure is sometimes the best option for you. Nothing could be further from the truth. For the vast majority of homeowners out there who are in danger of losing their homes, ...]]>

There is a lot of misinformation out there regarding foreclosures.

I would not be surprised to find out that you have heard that a foreclosure is sometimes the best option for you. Nothing could be further from the truth. For the vast majority of homeowners out there who are in danger of losing their homes, a short sale represents a vastly superior option.

The reality is that a foreclosure is a devastating option.

As a real estate professional with the Certified Distressed Property Expert (CDPE) designation, I have put together all of the benefits of a short sale over a foreclosure in a free report that is available to anyone.

Take a look at my Distressed Property Website and download a copy of my free report entitled “The Foreclosure Fairytale” Then contact me for a free, confidential consultation.

Your Ticket to Freedom from Mortgage Frustration and the threat of Foreclosure

In the news, there is talk of a housing recovery. Experts feel more optimistic about the state of housing industry in America. However, if you or someone you know is one of the millions of homeowners who is stuck with a home on which ...]]>

Your Ticket to Freedom from Mortgage Frustration and the threat of Foreclosure

In the news, there is talk of a housing recovery. Experts feel more optimistic about the state of housing industry in America. However, if you or someone you know is one of the millions of homeowners who is stuck with a home on which you owe more than the property is worth, the feeling of helplessness can be overwhelming and frustrating. The threat of foreclosure and the unsolicited barage of junk mail does nothing but stress you out.

Many people don’t realize that just because they are in danger of losing their home to foreclosure doesn’t mean they have to wait around for it to happen. With help, they can take matters into their own hands.

CLAIM YOUR TICKET TO FREEDOM!

As a Certified Distressed Property Expert (CDPE), I make it my business to know all of the ins-and-outs of the options that are available for people who are in danger of losing their homes and help the challenges head-on.

Take a look at the information on this site and then Contact me today to schedule a free, confidential consultation.

Chase has made the decision to either help people stay in their homes or to help them short sell their home and be able to move on easily. Chase is now offering cash ...]]>

In the following video I discuss the recent changes implemented by Chase to help people perform a short sale and move on gracefully.

Chase has made the decision to either help people stay in their homes or to help them short sell their home and be able to move on easily. Chase is now offering cash incentives for those who need to short sell their home in addition to selecting certifying  highly qualified Real Estate agents to refer their clients to. For a real estate agent to qualify as a “Preferred Partner” by Chase they need to have done several short sales and also have a certification as a “Certified Short Sale Expert” by CDPE or be certified by the NAR. We are CDPE certified in addition to HAFA certified and have performed many short sales and as a result have been designated a “Preferred Partner” by Chase. Please watch the video then give us a call today at (925) 984-3992.

While we feel that ...]]>

In the following video published by the Distressed Property Institute we find our what is better for a homeowner in distress either a short sale or foreclosure. This affect many owners of Bay Area Real Estate and is a one the most asked questions from those we consult with regarding distressed mortgages.

While we feel that this video is very good and will cover most who are considering what to do with their distressed mortgage, we always recommend that you speak with a CPA and/or attorney prior to deciding on a short sale or foreclosure.

The act has helped many distressed homeowners find solutions to avoid foreclosure and opened up options to them ...]]>

In 2007, the Mortgage Debt Relief Act was passed in an attempt to help the millions of homeowners who, due to the housing crisis and economic crash, suddenly found themselves in danger of losing their home to foreclosure.

The act has helped many distressed homeowners find solutions to avoid foreclosure and opened up options to them that were previously unavailable.

However, the Mortgage Debt Relief Act was always intended to be a temporary solution and it is now set to expire at the end of 2012. For distressed homeowners, this means that time is running out for you to take advantage of this program.

As a Certified Distressed Property Expert (CDPE), I am uniquely qualified to help determine your eligibility and answer any questions about the settlement. Visit my website Pro Processing Short Sales for a copy of the report entitled “Time is Running Out: How the Mortgage Debt Relief Act can save you!”

Then, contact me for a free, confidential consultation.