Question:

How can I stop a foreclosure sale date?

Answer:

You can’t really stop a foreclosure sale date, but can only postpone it. The outcome depends largely on each lender or servicer, but your sale date will definitely not be postponed without a viable and workable laon modification or short sale already in progress. Even then, postponement is never guaranteed. Preseverance and patience are needed in the postponement process.

While I have worked with a few servicers and lenders who will automatically postpone a pending sale date with a workable short sale or modification, that is rare. Most lenders/servicers require that a request be placed to postpone the sale date. Each lender/servicer has different criteria for these requests.

Bank of America, for example, requires a “request to postpone” be called in no more than five days before a sale date. Contact your specific lender/servicer as soon as you receive the forecosure notice on your door …

An upholstered headboard can create a big impact in your bedroom space – but it doesn’t have to break the bank. In fact, making your own upholstered headboard on a small budget is an affordable way to anchor the room with unique colors, textures and patterns. Paired with other room décor touches, the headboard can be as much an accessory as a statement.

Headboards you buy at stores can cost as much as several thousand dollars, or more, but you can make them for a lot cheaper by hand. Now that I’m working on my second upholstered headboard, I’ve been doing some research on more current design trends that I plan to incorporate into my latest project. Here are some tips on what to consider as you plan your own upholstered headboard:

●      Sizing the fabric. The size will determine how much fabric you need and this is where most of the …

Being on either side of a short sale is tough enough, but at least one company appears to be outsourcing their work to employees or contractors who are based outside of the United States – creating a whole new layer of complications to the short sale process.

I encountered this when starting a short sale for a client in which I had to reach out to Ocwen Loan Servicing. Ocwen Loan Servicing, based out of Florida, services a huge number of loans in the U.S. Different than lenders, loan servicers don’t actually lend money for loans. In essence, servicers process the mortgage for a fee for the lender, making sure each loan is paid on time, assessing late fees and providing customer service, including processing loan modifications and short sales.

In starting a short sale for a client, I contacted Ocwen customer service to get general information on their document submittal process. To …