Rick Thompson's (rickthompsonteam) Blog

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Real Estate Agent - Re/Max Town Center
RECENT BLOG POSTS
Montgomery County Short Sales: Drawbacks To Bank Of America's New Short Sale Program Montgomery County MD – Despite the fact that the Cooperative short sale may help the borrower leave the home without some of the negative aspects of a foreclosure, it has its drawbacks that you may need to consid...
02/06/2012
Montgomery County Short Sales: Why Bank Of America Is Offering A New Short Sale Program Montgomery County MD – A cooperative short sale may be a good option depending on your situation. But, you need to remember that Banks are not in the business of making life easier for its customers, much less...
02/06/2012
Montgomery County Short Sales: Benefits of Bank of America's New Short Sale Program Montgomery County MD – Bank of America's Cooperative Short Sale makes the entire short sale process easier for everyone involved. The bank has rolled this out because a short sale reduces their losses compared to ...
01/31/2012
Montgomery County Short Sales: Good News On Bank of America Short Sales Montgomery County MD – Bank of America is rolling out a new short sale program that will provide the quickest route to a short sale decision. The bank came up with this programs to help ensure that homeowners are able to expl...
01/30/2012
Question from homeowner: My lender just sold my loan. Is that a good thing? Montgomery County MD - The Stop Foreclosure Institute recently received a question from James. “My loan was just sold. I was making payments to CitiFinancial and they sold it to Nationstar. Is that good or bad?” James ask...
01/30/2012
Montgomery County Short Sales: Why Might a Short Sale Be Preferred Over a Loan Modification? Montgomery County MD – Homeowners who would prefer to get out from underwater may prefer to do a short sale compared to a loan modification. Click here to discover how other sellers successfully did a sho...
01/27/2012
Montgomery County Short Sales: What Else Goes Into a Hardship Letter? Montgomery County MD – You should put every little thing you have to show that your situation is real and that you cannot afford to make your mortgage payment. Click here to discover how other sellers successfully did a short s...
01/26/2012
Montgomery County Short Sales: Don't Be Afraid To Tell The Truth In Your Hardship Letter Montgomery County MD – It is not a lot of fun to write a hardship letter. In fact, it can be depressing. Many people may not know how bad their lives have become until they reach a point of writing a hardship...
01/26/2012
Montgomery County Short Sales: The Basics Behind a Hardship Letter Montgomery County MD – When I interview sellers who want to short sale in my area, I ask them to describe their hardship. Agents who do a lot of short sales can sometimes become a little insensitive because we are focused on the s...
01/26/2012
Montgomery County Loan Mod: We answer a question from a homeowner facing foreclosure Montgomery County MD - The Stop Foreclosure Institute recently received a question from a homeowner facing foreclosure. I'll call him Peter to protect his identity. (Foreclosure is embarrassing and I don't want t...
01/24/2012
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