3

Does FHA require a late payment before they will approve a short sale?

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I’ve been told that they require at least a 30+ day late on my mortgage. I’m OK with a short sale on my record if need be, but why do I have to go late in order to get the short sale done?

No one should ever advise you to be late on anything. FHA doesn’t not "require" you to be late, and your lender doesn’t either. This would go against the note you signed saying you would pay. FHA doesn’t own your loan a servicer like Bank of America, Wells Fargo etc does and your servicer is who will approve or deny your short sale request. They are the ones losing the difference between what you owe them and what you are selling the house for. What’s the reason for your short sale? Hardship? Short Sales can take months and months and months. I’m sure the reason you’ve been advised to skip a payment is to get your servicer to sit up and take notice at a potential default in progress, but I’d recommend you talk to your current lender. Good Luck!

25

OK Go – Needing/Getting – Official Video

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get short sales donesrc=”http://i.ytimg.com/vi/MejbOFk7H6c/0.jpg” align=”left”/>Buy the video on iTunes: http://glnk.it/xh
Download this version of the song free at http://on.fb.me/ymg2Sa
Download the studio version of the song for free at http://letsdothis.com/stunts/

The new music video from OK Go, made in partnership with Chevrolet. OK Go set up over 1000 instruments over two miles of desert outside Los Angeles. A Chevy Sonic was outfitted with retractable pneumatic arms designed to play the instruments, and the band recorded this version of Needing/Getting, singing as they played the instrument array with the car. The video took 4 months of preparation and 4 days of shooting and recording. There are no ringers or stand-ins; Damian took stunt driving lessons. Each piano had the lowest octaves tuned to the same note so that they’d play the right note no matter where they were struck. Many thanks to Chevy for believing in and supporting such an insane and ambitious project, and to Gretsch for providing the guitars and amps.

For more information visit http://www.okgo.net.

Director: Brian L. Perkins & Damian Kulash, Jr.
Director of Photography: Yon Thomas
Editor: Doug Walker
Producer: Luke Ricci

Duration : 0:3:54

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24

Cold Steel GI Tanto Review – alongside ESEE 4, Izula, LHR, Recon Scout, Kabar USMC short.

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get short sales doneDesktop review / impressions of the GI Tanto knife by Cold Steel

Overall length – 30.5 cm (12″)
Blade length – 14.6 cm (5 3/4″) [primary cutting edge – 11.5cm, Back clip – 6.5cm)
Blade thickness – 3.7 mm
Blade material – 1055 carbon steel
Weight – knife only: 330g / 12 oz (knife + sheath: ~400g / 14.4 oz)
Role – fighter/thrower (NOT a utility/wood splitter knife!)

I forgot to mention anything about the sheath (oops…) – ran out of time – I might have to do a part 2.

As a complete package, this is a high value knife – by this, I mean that it is a relatively decent blade for the money you pay. Good edge retention (not great), easy to sharpen (can get it scary sharp), splits wood adequately (NOT GREAT) at a cheap affordable price.

The sheath – cordura / nylon sheath with studs/closed-rivets. Does the job of holding the knife in. Not a very secure lock without the retention loop done up, and I really wish it could be made of kydex or plastic, …but then again, what can you expect from a US$20 knife??? Like the knife, it does the job – not fantastically well, but enough. No holes to accommodate for Tek-loks or Molle-loks (if they made the studs out of hollow rivets, this might make it Molle-Lok compatible…). I.e., limited carry options.

The knife – this is a high value, good quality knife that’s built for being thrashed around – as seen by Noss4′s destruction tests. It was intended as a thrower, not a chopper or wood splitting knife. The tanto point does a good job of piercing / stabbing, but don’t expect it to hold as it is relatively fine when you first get it (especially if you pierce thick metal sheeting…)

Summary:
A very high value knife, in that you get a good decent blade of high quality 1055 carbon steel. For only US$20!!!! CHEAP!!! Sure, it doesn’t make a great wood splitter – that’s not what this was intended to do. BUT it can and will go through wood (check out DEDMNKY’s videos on YouTube), albeit with a bit of grease and elbow grease.
A very robust and cheap alternative for someone on a tight budget. Limited carry options weigh down the price advantage.7/10!!!

Duration : 0:9:28

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0

see BOJANGLES & SHIRLEY TEMPLE JOIN THE LEADER of The BAND FIND THOSE TRADERS NOTES@WDC!

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get short sales doneAMERICANS’
see BOJANGLES & SHIRLEY TEMPLE
JOIN the LEADER of the Band@WDC~1938~2012
MARCH UP TO THE BENCH &
MOTION your PLAINTIFF BANK that ONLY VERBILLY CLAIMS
the HOLD YOUR ORG MORTGAGE NOTE.
Listen to SHIRLEY TEMPLES plea”@ 1:04 ”
& raise YOUR RIGHT HAND=BANK OF NY ATTY@CS 5.13.2012!!!
yes YOU=COUNTRYWIDE=YOU better RUN@CS 2012 HEARINGS!

AMERICANS BEWARE- – - SHORTS SALES done OUTSIDE@CS!
OF YOUR R.E.ATTORNEYS & BANK ATTORNEYS
CLAIMING TO NEGOTIATE@CS
FILE MOTIONS@ CIVIL SUPREME without ANY ATTORNEYS!!!
MAKE UM PRODUCE YOUR FULL NOTE AS EXHIBIT A@CS*..
NOTE: ALL MOTIONS MUST BE CURRENT & NOT DISPOSED
OR CLOSED IF YOU THE DEFENDANTS WANT TO GET
A FAIR CS HEARING FOR SHORT SALE BEFORE THE JUDGE
CAN WITNESS YOUR FULL DEED,.TITLE, C OF O, ORG MORTGAGE NOTE that your PLAINTIFF CLAIMS to HAVE IN COURT HEARINGS TODAY!.
But …if you need to do a SHORT SALE ?
DONT WALK AWAY@ CS WITHOUT =YOUR JUDGE WITNESSING
your “SIGNED-EXECUTED STAMPED LEGAL DOCS” @YOUR SHORT SALE OR FORECLOSER HEARINGS
by a JUDGE & BANK ATTY that CLAIMS theyHOLD yourORG NOTE:

BE VERY SUSPICIOUS IF ANY RE ATTY & BROKERS
WANT TO DO YOUR SHORT SALE while “DEFENDANTS MOTIONS” have been “CASE DISPOSED”…….
this is a SIGNAL you MAY OWN YOUR PROPERTY OUTRIGHT@CS TODAY!!!

I ASK JUDGE FLUG THIS TODAY: IF KEVIN BUTLER, ATTY
FOR BANK OF NY THE PLAINTIFF HAS NOT PROCEEDED
TO FILE MORE MOTIONS “that JUDGE FLUG” ORDERED
“CASE DISPOSED” since SEPT 18, 2009 …
why hasnt the PLAINTIFF BANK OF NY ATTY KEVIN BUTLER
PROOVED TO THE COURTS that he CAN FILE MOTIONS
TO APPROVE FORECLOSER OR SHORT SALES all these years
that the DEFENDANTS CASE was in MOTION from 7/2006 thru 9.18.2009 ???
DEFENDANTS without JUDGE PROOF you own your property yet?
BEWARE- DO NOT TRUST ANY SHORT SALE OFFERS
unless YOU HAVE MOTIONS TO DO SHORT SALES@CS!
((( maybe YOU dont have 2do a SHORT SALE? but REG SALE! )))
If you….Come &
GET YOUR FULL ORIGINAL MORTGAGE NOTE*see it EXECUTED*
GET YOUR FULL C OF O*
GET YOUR DEED*
GET YOUR FULL COUNTY BLDG PERMITS*
GET YOUR ORG TITLE TO YOUR PROPERTY*
GET YOUR FORECLOSER DOCS OR SHORT SALE DOCS-
ALL SIGNED & APPROVED BY YOUR JUDGE*
GET YOUR BANK THAT CLAIMS
THEY HOLD YOUR ORG SOLD NOTE-
ALL SIGNED & APPROVED BY
YOUR JUDGE@CS & ADDRESS ALL EXECUTED COPIES@ 1:04 ”
to PRESIDENT OBAMA in WDC!!!

DONT GET CROOKED TWICE@CS!!!

listen to SHIRLEY & BOJANGLES…
& JOIN THE LEADER@WDC 2012 THRU 2016!
EXIT REALTY ONE has TEMPORARY
takened DEFENDANTS HOUSE OFF the MLS# 1125534

http://www.exitrealtyone.com/property/ForSale/singlefamily/queens/Howard-Beach?Page=10

DEFENDANTS DEMAND THE TRUTH ABOUT WHO OWNS THEIR HOUSE@CS today BANK OF NY or DEFENDANTS ?

BANK OF NY has DENITED ALL 4 SHORT-SALES
From MARCH 2006 ~ AUG 2008 ALL SHORT SALSE DENIED
BY BUYERS ATTY FAXED OVER TO DEFENDANTS LOC 6 ATTY.
DEFENDANTS SAY: NO MORE SHORT-SALES 4us unless
the JUDGE says so…WHY SHORT SALE now? we say
when it LOOKS to our NEW LOC 6 ATTY=SOUNDS LIKE
PLAINTIFF BANK OF NY LOST SOME IMPORTANT EVIDENCE
TO TAKE BACK THEIR PROPERTY@ CS OVER 3 YEARS AGO
at time when JUDGE FLUG ordered “CASE DISPOSED” 9.18.2009
DEFENDANTS ask today- but WHY ? did…
JUDGE FLUG “DISPOSED FORECLOSER CASE”
date of PLAINTIFF last MOTION on:9.18.2009 @CS
said to EXPIRE @ PROPERTYSHARK.COM by 5.13.2012 ?
HOUSE IS OWNER OCCUPIED from 2008 TO PRESENT DATE
ALL MOTIONS HAVE BEEN “CASE DISPOSED”
TWICE 9.18.2009 and 3.10.2010 by JUDGE FLUG.
Thank you’ PRESIDENT OBAMA!
& we Thank you too’ SHIRLEY TEMPLE!!!

Now I can finally say@ CS..
I feel so good’
I got a hunch’
I’m sitting pretty with my hunny bunch’
OF NOTES@ CS!!!
http://www.youtube.com/watch?v=G0VTfzjyDbc

Duration : 0:3:12

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0

Profitable Low Cost Strategies for Your Website

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I’ve seen some crummy sites. What about you? How could they make any money? A poorly done website ruins credibility and runs visitors away before your site has had a good chance to present your offer.

There are several things retail store managers have to do to make it in today’s world and many of these tactics are directly applicable to websites.

First – The store has to be clean. The floor, the walls, the actual furniture itself, and, the bathroom! That’s where our comparison falls apart as there is no bathroom in a website.

Second – The store has to “make sense”. The arrangement of the inventory, the signage, the bedspreads on the beds, and the logic of store branding logos, posters, and policy signs has to look professional as well. Overall, your site’s look has to be clean, neat, and “feel good”.

Third – What about colors! The ladies in this business know things about color and what goes with what than most men would never know.

In furniture stores the colors need to be those that are popular in furniture today, not last year. Wouldn’t you think that this applies to websites?

Fourth – The salespeople have to speak clearly and without obvious defects in their speech habits. It’s the same with websites. In retail stores the salespeople need to be clean and spiffy and give their full attention to the customer in order not to appear disinterested.

You can see where this would apply in websites to pictures of people, like in testimonials, and scrupulous attention to detail and spelling.

Spelling! There’s a biggie. It deserves a section of it’s own. It is said that a potential customer’s enthusiasm will notch down a bit for every misspelling and grammatical error. It pays to proofread!

Experts suggest that you should have another person do your proofreading for you, since you are not as likely to catch all of your own mistakes.

Fifth – The sales area has to be kept neat and businesslike, but not barren and empty. Like the rest of the place, it has to be neat and clean. It should be easy to purchase!

Sixth – One last thing, in our stores we always strove to have the best music possible playing in the background and it had to sound good everywhere in the store. The music was loud enough to hear but not so loud that it made talking difficult.

In the website world that might compare to having clean, easy to understand audio and video. Hmm…is there a place for appropriate background “score”?

Your website should be perceived by your visitors as a good place to do business. Your site should be accommodating and straightforward to make purchasing as easy as it can be.

Your website says a lot about your business, so you need to make certain it is saying positive things.

If you want to make sure your website isn’t falling short on the details of general houskeeping, find a few sites that are trying to do something similar to what you are attempting, and use them for comparison sake. That’s a good place to start.

And my favorite! Keep it simple. My sales pages start at the top and go to the bottom. It is hard to confuse your customer with top to bottom?

Keep it simple, kill off the clutter, make it easy to read, and don’t allow spelling and grammar errors. Your customers will like that and be more inclined to buy.

Oh, one last thing. Ask for the sale. Don’t waffle here, be strong. You know what you want them to do, and, if your copy is any good, it contains many benefits for your visitor. Customers want those benefits (like more sales, higher conversion rates, and fewer returns) and they are willing to pay to get them.

Be very direct, but smooth. Say to the customer… “Click this button. When you arrive at checkout make sure the quantity and the price is correct. If it is, continue with your purchase and start profiting from an improved website right away!

Thank you for your business!

Riley West
http://www.articlesbase.com/internet-articles/profitable-low-cost-strategies-for-your-website-707095.html

0

Mortgage Modification: Who qualifies?

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get short sales done(Click “More Info” to see full video script!)
http://www.60MinuteLoanModification visit for a free CD on Mike Rockwood’s experience modifying 5 of his own home loans – and how you can too. Ask Mortgage Modification questions on our forums at http://www.60minuteloanmodification.com/members

Initially, lenders strictly adhered to the seven guidelines explained below when awarding mortgage modifications. Today thats no longer true. Theyre now limiting their analysis to fewer of the original criteria as the crisis deepens and the workload increases. In fact, the range is surprising and somewhat inconsistent. This indicates to me that the rules are being written on the fly.

Virtually all lenders are using cascading calculations, whereby one set of calculation results are used in the subsequent calculation. Therefore, no one criterion is final; rather, qualification depends on a combination of factors.

Ability to pay: This is your ability to meet the obligations of the modified loan. Customary underwriting criteria are used, so take 55% of your gross monthly household income. That is a rough estimate of how much monthly debt payment the lender will allow. This is your target amount after modification.
Debt to Income Ratio is the term that lenders use to describe this underwriting guideline. Its simply your total monthly debt payments, including cars, credit cards, student loans, and others, divided by your Gross Monthly Household Income.

Type of Loan: 100% of Negative Amortizing Adjustable-Rate Mortgages (NegAM) loans will be approved for modification to fixed rate loans. Almost no fixed rate loans with rates lower than 6.0% will be modified. Everything in between is fair game.
Hardship: Six hardships are commonly accepted:
Divorce or separation
Loss of income
Reduction in income
Death of spouse/co-borrower/family member
Illness
Military service.

Lets face it, with the economic downturn there are literally millions of Americans whose ability to meet monthly payments has diminished. So theres no shortage of hardship. The lender simply needs to know personally and specifically what your hardship is.

Occupant: Owner-occupied homes are the easiest. However, even HELOC loans on investment properties are being modified.
Default status: The FDIC Guidelines are that the borrower must not have filed bankruptcy during the life of the loan and a foreclosure sale must not be imminent. The Guides also state that borrowers should be encouraged to apply even if theyre not late on payments.
In reality, applications from borrowers who are current on their loans arent getting good modification offerseven with all the announcements to the contrary.

Age of loan: You can expect that any loan older than 9 months will be considered for a modification.
Balance Sheet strength: Whether you have significant additional assets beyond the property may be an issue, especially if the loan was a refinance with equity taken out or is a Home Equity Line of Credit (HELOC).
The first guideline is most important ability to pay. The modification will be approved by an underwriter who will apply standard qualifying criteria to your application. YOU MUST BE ABLE TO DEMONSTRATE THAT YOU CAN MAKE THE MODIFIED LOAN PAYMENTS. Beyond this, you need to make a strong case for at least one of the other two major guidelines.

I have automated this calculator has been automated! Use it online at www.60MinuteLoanModification.com.

Homeowners who dont qualify are in situations either too bleak (such as too close to foreclosure) or too solid (such as no duress and with good loans).

Duration : 0:4:40

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