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Well it’s been a year now since moving our blog from wordpress to http://www.JohnCJones.com/Blog and we’ve just posted our 100th post there. While we miss the wordpress.com readers, the ease of access and accessibility to our customers and potential customers has really been enhanced since hosting the blog there. Our Tuesday Morning Coffee videos have [...]

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Short Sale & Foreclosure Consequences
 
While negative credit items fall off
an individual’s credit report after seven years,
the one question that is asked on every mortgage application is
“Have you ever had a foreclosure?” 
This item has staying power
and will follow a person around indefinitely.
 
 
Mortgage Forgiveness Debt Relief Act of 2007
Prior to passage of this [...]

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Why Would a Lender Accept a Short Sale?

“A bird in the hand is worth two in the bush.”
 
One of the most common misconceptions many homeowners have is that their lender is lying in wait for the perfect opportunity to jump out and take their houses from them.  Nothing could be further from the truth.  In [...]

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The following are strategies a homeowner can use to avoid foreclosure.  Not every solution works for every homeowner, but there is most likely one that can work for you if you are willing to invest the time and effort necessary for success.
 
Reinstatement
If the reason you missed payments was temporary and it has been resolved, then [...]

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There is a common misconception that once a homeowner misses a payment he is immediately in danger of foreclosure. The reality is that foreclosure is a legal process that a lender must go through in order to take possession of a property for which it holds a mortgage.
The Foreclosure Process in Tennessee
The below information covers [...]

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It is estimated that most American Families can only maintain their current living expenses for 60 days or less when income is interrupted for any reason.
 
If you have gotten behind on your mortgage, you need to understand that you are not alone.  Many people across the country are facing foreclosure for a variety of reasons.  [...]

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Over the last decade or so, money available for mortgage loans became easier and easier to come by.  The result was the advent of many exotic and high-risk mortgage programs. 
 
Many homeowners purchased much more property than they could afford which led to the current real estate market meltdown.  Some of the issues that have [...]

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Well 2008 has come and gone and the real estate market in Rutherford County has experienced the second consecutive year of declining sales since the mountaintop year of 2006.  But hey, what did we really expect after 14 years of  a “let the good times roll” market?  Economists say that most vibrant real estate cycles [...]

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