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	<title>Forcloseure News &#38; Information</title>
	<link>http://forcloseaid.com</link>
	<description>The Foreclosure News Source</description>
	<lastBuildDate>Mon, 08 Mar 2010 01:46:45 +0000</lastBuildDate>
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	<item>
		<title>How does a short sale work with an interest only loan?</title>
		<description><![CDATA[



Lisa H asked: We are thinking of looking into doing a short sale. I know we need to talk to the mortgage company about this but just wondering, how does it work with interst only loans? Our 1st mortgage is at $284,000 and a HELOC at $55,000. Zillow shows the house valued at about $339,000. [...]]]></description>
		<link>http://forcloseaid.com/short-sale-hardship/how-does-a-short-sale-work-with-an-interest-only-loan/</link>
			</item>
	<item>
		<title>Where do I look to find foreclosure homes in NJ and PA?</title>
		<description><![CDATA[



Jennifer L asked: 
We are looking for a great deal on a home and we want to look in the best possible places for homes


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		<link>http://forcloseaid.com/home-foreclosure/where-do-i-look-to-find-foreclosure-homes-in-nj-and-pa/</link>
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		<title>Help with home foreclosure and bankruptcy?</title>
		<description><![CDATA[

A girl&#8230; asked: 
I am the middle child of a 3 siblings and possibly am the most concerned about us losing our home (sounds a bit overwhelming doesn&#8217;t it?). After my parents divorced, we lost a lot of money towards the mortgage payments and the recession didn&#8217;t help much either. My parents were both uneducated [...]]]></description>
		<link>http://forcloseaid.com/home-foreclosure/help-with-home-foreclosure-and-bankruptcy/</link>
			</item>
	<item>
		<title>What is a Short Sale and do I need title insurance if I use equity loan to buy.</title>
		<description><![CDATA[
henkaz asked: 
Was expecting to deal directly with bank and use my equity to buy rental property (no title insurance, appraisal, etc.) and refinance in near future.  Instead, sale is with defaulting owner.
Booker

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What to Look for in a Title Insurance Policy &#124; Agent Builder Blogosphere
What Is The Difference Between Title Insurance And [...]]]></description>
		<link>http://forcloseaid.com/short-sale-hardship/what-is-a-short-sale-and-do-i-need-title-insurance-if-i-use-equity-loan-to-buy/</link>
			</item>
	<item>
		<title>Short Sale Real Estate Question?</title>
		<description><![CDATA[
Alex J asked: I put in an offer for a home up for short sale.  It has been on the market around 82 days.  
Anyway, the bank that would finance me is actually the bank that the owner defaulted on.  Does this help me?Elliott
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		<link>http://forcloseaid.com/short-sale-hardship/short-sale-real-estate-question/</link>
			</item>
	<item>
		<title>I just made an offer on a home in short sale (about to go to foreclosure)?</title>
		<description><![CDATA[
gobanana516 asked: The owners accepted my offer and signed my contract, but the contract has to be approved by the bank.  It takes up to 5 days for them to approve.  My questions is&#8211;what happens if other offers come in before the bank approves?  Can the owner take another offer even though [...]]]></description>
		<link>http://forcloseaid.com/short-sale-hardship/i-just-made-an-offer-on-a-home-in-short-sale-about-to-go-to-foreclosure/</link>
			</item>
	<item>
		<title>my house is on short sale right now.i miss paying my mortgage?</title>
		<description><![CDATA[
SCHUMI asked: were on the process of short sale the house..we miss paying our mortgage for 2 mos now..i have a couple of existing credit cards, and ive been applying or open a new one,however i got decline most of the time..do you think this is already the result of not having paying the mortgage? [...]]]></description>
		<link>http://forcloseaid.com/short-sale-hardship/my-house-is-on-short-sale-right-nowi-miss-paying-my-mortgage/</link>
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	<item>
		<title>Does this seem logical? Do a short sale on one home we own, and buy something that we will stay in for years?</title>
		<description><![CDATA[
EmmasMom asked: My husband and I are in such a jam. We had a beautiful home that we rented out to a woman who was to do a lease option. Well, she ended up dragging it out for so long, that we gave her a 30 day notice. To make a long story short, she [...]]]></description>
		<link>http://forcloseaid.com/short-sale-hardship/does-this-seem-logical-do-a-short-sale-on-one-home-we-own-and-buy-something-that-we-will-stay-in-for-years/</link>
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	<item>
		<title>Short Sale House Question?</title>
		<description><![CDATA[
bluemindz asked: Hi, I put a bid on a short sale house. The agent told me it would takes 2 weeks to process but now it&#8217;s 8th week of waiting. My agent has been trying to contact the seller&#8217;s agent and we have not heard any response from the bank. Is there any other way [...]]]></description>
		<link>http://forcloseaid.com/short-sale-hardship/short-sale-house-question/</link>
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	<item>
		<title>Is this short-sale or not?</title>
		<description><![CDATA[
NNC asked: We just got an counter-offer on house that contained the statement below:
&#8220;This is currently not a short-sale, however, sellers need to submit the purchase agreement to the bank for review prior to final ratification&#8221;
We do know from the realtor that sellers owe more to lender than the current market value of the house.
What [...]]]></description>
		<link>http://forcloseaid.com/short-sale-hardship/is-this-short-sale-or-not/</link>
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