0470418613 BRAND-NEW, Unread Copy in Perfect Condition. FAST UPS shipping (you'll receive your order within 1-5 business days after shipping in most cases*), this helps to ensure your order arrives in perfect condition. PLEASE NOTE: FedEx does not generally deliver to PO Boxes or APO addresses, so please be sure to give us a physical street address to deliver to; also, unfortunately, we cannot ship this item to Alaska or Hawaii. THANKS! *(this applies to domestic shipments within the continental US - other destinations may take longer). Bookseller Inventory #
Synopsis: Due to the wave of refinancing in recent years, and the fall in home values, in 2009 about 12 million homeowners and investors will be "underwater"--owing more than their property is worth. This book explains all the options for these homeowners who are trapped with houses they want to get free from, people whose property value has dropped so low that they can't sell the property, people whose mortgage payment has adjusted and now they can't afford the property. In addition to offering advice on subject to's, rentals, leases, loan modifications and more...the book will teach America how to short sale their own home.
From the Back Cover: Smart Options for Homeowners Who Owe More on Their Mortgage Than Their Property Is Worth
The crash in housing prices and other economic forces have left millions of property owners "underwater"?owing more on their mortgage than their property is worth. If you're one of them, trapped in a home you can't sell and pressured by mortgage payments, the situation can feel hopeless.
But you do have options. And giving up is not one of them. Whether you're a homeowner or an investor, there are ways to get out of this mess before it bankrupts you. The first step is to arm yourself with full knowledge of all the alternatives available to you. You may be able to renegotiate loan terms with your bank, or short sell your home, or even rent the property out?just don't wait until it's too late.
How to Sell a House When It's Worth Less Than the Mortgage explains all of your options, helps you pick the best one for your situation, and shows you how to get it done step by step. Inside, you'll discover the ins and outs of:
Estimating the real market value of your home
Understanding mortgage forgiveness and debt relief legislation
Putting together a short sale package to convince your lender to write down your mortgage
Finding a buyer yourself or using an agent
Negotiating new loan terms with the bank
Tapping into government aid programs
Surviving bankruptcy or foreclosure as a last resort
Title: How to Sell a House When It's Worth Less ...
Publisher: John Wiley & Sons
Book Condition: New
Book Description Wiley, 2009. Book Condition: Fair. 1st Edition. N/A. Former Library book. Shows definite wear, and perhaps considerable marking on inside. Bookseller Inventory # GRP78879304
Book Description Wiley, 2009. Book Condition: Good. 1st Edition. N/A. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP31233297
Book Description Wiley, 2009. Book Condition: Very Good. 1st Edition. N/A. Ships from Reno, NV. Former Library book. Great condition for a used book! Minimal wear. Bookseller Inventory # GRP92311427
Book Description Wiley. Paperback. Book Condition: Fair. Bookseller Inventory # G0470418613I5N00
Book Description John Wiley & Sons. Paperback. Book Condition: Good. Ex-Library Book - will contain Library Markings. Book shows minor use. Cover and Binding have minimal wear, and the pages have only minimal creases. Bookseller Inventory # G0470418613I3N10
Book Description Wiley. Paperback. Book Condition: Fair. Ex-Library Book - will contain Library Markings. Bookseller Inventory # G0470418613I5N10
Book Description Wiley. Paperback. Book Condition: Good. This book has a light amount of wear to the pages, cover and binding. Bookseller Inventory # G0470418613I3N00
Book Description Wiley. Paperback. Book Condition: Good. Ex-Library Book - will contain Library Markings. Book has some visible wear on the binding, cover, pages. Bookseller Inventory # G0470418613I3N10
Book Description Paperback. Book Condition: VeryGood. VG Nice copy with light cover wear. Pages clean with tight binding. Bookseller Inventory # 46Y000001I2I
Book Description John Wiley & Sons, 2009. Book Condition: Used. This Book is in Good Condition. Clean Copy With Light Amount of Wear. 100% Guaranteed. Summary: DOWNLOADABLE FORMS.INTRODUCTION.How Did So Many of Us End Up with Underwater Houses.What Happened to Real Estate Prices?Easy Money Home Loans.When Lending Guidelines Loosened-The Beginning of Our Current Problems.Meet the Authors.ACKNOWLEDGMENTS.PART I OPTIONS FOR "UNDERWATER" PROPERTY OWNERS.CHAPTER 1 Is Your Home Worth Less Than the Mortgage?How to Estimate the Value of Your Home.What Banks Want.Introduction to a Short Sale.Other Options for Underwater Homeowners.CHAPTER 2 What Happens If I Walk Away from My Property?Stop Making Payments, Move Out, Let the Bank Foreclose.Deed in Lieu of Foreclosure.How to Protect Yourself.Your Losses Don't Stop with Foreclosure.Mortgage Forgiveness Debt Relief Act.CHAPTER 3 If You Are in Financial Trouble, Deal with Your Emotions First!The Typical Mindset of People in Distress.How It Feels to Be Trapped.Putting Your Pride Aside-The First Step to a New Life.How to Get Free from Your Property and Get on with Your Life.CHAPTER 4 Aggressive First Steps to Get the Highest Possible Price.Try to Sell the Property Yourself before Calling a Real Estate Agent.Using a Real Estate Agent.What If My House Is Underwater but the Payments Aren't Late?CHAPTER 5 Try a Loan Modification: Negotiating a Lower Monthly Payment with Your Lender.Loan Modification.Forbearance Agreement.CHAPTER 6 Government Programs and Mortgage Relief Organizations.Mortgage Relief.Financial Relief.PART II SHORT SALES: HOW TO SELL A HOUSE WHEN IT'S WORTH LESS THAN YOU OWE.CHAPTER 7 The Short Sale Solution.When a Short Sale Won't Work.Short Sale Requirements.Short Sales for Investment Properties.How to Approach Your Bank.How to Ace the Broker's Price Opinion.CHAPTER 8 How to Put Together Your Own Short Sale Package.Requirements for Financially Distressed Homeowners.Requirements for Solvent Homeowners.Putting the Package Together.Sample Contract for Sale and Purchase.Sample Comparable Sales.Sample Pictures of Disrepair.Sample Net Sheet.Sample Investor Letter.Sample Repair List.Making Sure Your Package Is Complete.Sample Short Sale Package.CHAPTER 9 How to Work with an Ethical Investor to Short Sale a Property.What Should an Investor Do for Me?How to Negotiate with Investors.CHAPTER 10 Closing Any Deal-What You Need to Get in Writing.Get Everything in Writing from the Bank, Investor, or Real Estate Agent.What to Expect from the Closing Agent.Check Your Credit after the Deal Is Done.PART III OTHER OPTIONS AND ISSUES FOR UNDERWATER HOMEOWNERS.CHAPTER 11 If Nothing Else Works, Consider Bankruptcy.Bankruptcy-How to Buy Time.Will Bankruptcy Help or Hurt My Credit?CHAPTER 12 Temporarily Renting Your Home.Section 8 Program.CHAPTER 13 Don't Go Broke Trying to Save Your House.Don't Go. Bookseller Inventory # ABE_book_usedgood_0470418613