(570) 878-9646
Jack Gomez
REALTOR®
Pocono Jack
I’m behind on my mortgage. Should I move out or stay in the house?
In most cases, it is wiser for a homeowner to stay in their house. Many people who are behind on their mortgage payments have an unfounded fear that they will come home one night to find their belongings removed and their door padlocked.
Banks prefer to have someone, particularly the homeowner, stay in the house. Mortgage lenders do not like vacant houses, as they lose value due to break-ins, ice damage in the winter, or lack o...Five things buyers need to know when purchasing a short sale.
1.) Neither the seller nor the lender is likely to make repairs to the property. Manyshort sale properties have deferred maintenance, as the seller may stop paying formaintenance as money becomes tight. By the time the sale occurs, many short salesellers are either unable or unwilling to pay for repairs. They realize that every dollarthey spend on the property is a dollar they will not receive back. If a buyer wants topurchase a shor...The bank won’t stop calling me. Should I talk with them?
We believe you should communicate with your bank on a periodic basis. If you are behind on your mortgage payment, expect up to four phone calls a day. You will also receive a lot of mail.
A friend of my recently asked me this question.
Can a landlord facing foreclosure still collect rent from the tenant?
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