Lynnette Phillips
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Lynnette entered the real estate and mortgage industry after deciding to leave behind a brief career as a legal assistant
Articles by Lynnette Phillips
August 24, 2008
A report published by FREDDIE MAC (Federal Home Loan Mortgage Corporation) tells us that "fewer than half of homeowners contact their lenders before entering foreclosure". These homeowners are not only missing out on the assistance they might be able to receive from their lender, they more than likely do not know that are entitled to talk to a counseling agency. Others mistakenly believe that transferring title to the property will solve the problem.
August 09, 2008
You're anxious to start looking for your dream home but wait, there are a few things you should consider before you start burning up yours and your real estate agent's time.
August 07, 2008
In the current market many homeowners are finding themselves faced with foreclosure proceedings. With the hope of catching-up the delinquent payments dwindling the only option left often becomes selling the home…quickly.
July 13, 2008
With the nation´s rampant foreclosure rate, said to be the worst since the Great Depression, and California´s foreclosure ranking of second highest in the country according to RealtyTrac.com, I am asked many questions regarding the trials of foreclosure. Not surprisingly many of these questions are on the subject of short sales.
July 09, 2008
Life is full of ups and downs. Any of us can suffer from a financial setback for any number of reasons...unemployment, illness or injury, divorce. But there ARE options to help you get back on track. The first and possibly most important thing to remember in this situation is time is crucial.
July 06, 2008
In July 2007 Alberta and her husband signed a 2 year lease option agreement for a home in Hesperia, California only to find out 10 months later that the home was in the final stages of the foreclosure process and that it had entered default the previous December. At the same time they found out that the person being represented as the owner (landlord) was neither the property owner nor the owner´s representative. They had paid over $20,000.00 dollars to a scam artist.