May 2009

Susanna Golden from St Pete, FL 

Posted on Saturday, May 30, 2009

Shari - I saw you on Kathy Fountains show this week. I saw you a few weeks ago too and bought the book. I can't tell you how much I appreciate what you are doing to help people. The book is priceless! I have a question that I dont think anyone has asked yet. What happens if the bank's lawyer doe...

Gladys Brewer from Tampa, FL 

Posted on Thursday, May 28, 2009

Hi Ms. Olefson, I was wondering if you could explain to me the reason why the people on the deed of the house (or mortgage, not sure which is the one) cannot be changed for them to be qualified for the home rescue plan. My husband died almost 3 years ago and I am trying to refinance to get a ...

Cerry P. from New Port Ritchey, FL 

Posted on Wednesday, May 27, 2009

Shari, I hold a second mortgage on a home I sold in 2006 and the borrower has turned out to be a deadbeat. I've attempted to work with him in good faith by delaying payments and forgiving interest but that didn't help. He is now 5 months behind in payments and has made himself impossible to cont...

Sarah Ann from Coconut Creeek, FL 

Posted on Saturday, May 23, 2009

I was listening to you on WIOD about a week ago and ordered the book I got this past Friday and can't wait to read. My question is we've all heard that my next door neighbor is in foreclosure and hasn't paid his mortgage for months. He also appearantly has not paid his lawn company or his pool servi...

Alexander from Pembroke Pines, FL 

Posted on Saturday, May 23, 2009

My boss said he heard something about the bank paying you if you do the new Obama plan. Is that true? He said your were on channel 10 this week ened talking about it. ...

Karen from Tampa, FL 

Posted on Saturday, May 23, 2009

Shari: I was listening this morning to you this morning on 94.9 in Tampa Bay. I was wondering if you know of any help for someone who is not behind in payments and has paid on time since purchasing the property 3 years ago. My house is now way below what I borrowed. I would have to say it is about 6...

Olivia from ,  

Posted on Saturday, May 23, 2009

My mortgage is for $155,000 and the home value now is $85,000. Is there a program out there that will refinance you for the ACTUAL and PRESENT value of the home? ...

Allan from , FL 

Posted on Saturday, May 23, 2009

In February, 2009 I missed the 1st mortgage payment on both my primary residence and investment property. I had used up all of my savings for the property down payment. My credit cards had been cancelled after 6 months of non-usage. And my HELOC was cancelled by Countrywide, presumably due to severe...

Allison from Miami, FL 

Posted on Saturday, May 23, 2009

Hi. I saw you on TV 10 and am wondering if I give the bank a deed to my townhouse (I think it’s called a deed in lieu?), do I have to move out right away? My husband and I owe about $75,000 more to the bank than its worth so we have no problem giving it to the bank if we can avoid having to pay back...

Sandra M. Carlisle from ,  

Posted on Saturday, May 23, 2009

Good morning Shari. My daughter and I have seen you many time on the news and appreciate your help. She wrote down the website and said I should email you. If I give the bank a deed in lieu or foreclosure can I buy another house? We really prefer to not rent. I think it's like throwing money away es...

Robert from ,  

Posted on Saturday, May 23, 2009

I wanted to email you this week end but our internet access at home was not working. Can you please tell me the difference between a deed in lieu of foreclosure and a cash for keys? Thanks, Rob ...

Cindy A. from ,  

Posted on Saturday, May 23, 2009

Shari. I saw you again on channel 10 saturday. I know you've been on that show a few times. My bank has said they will allow us to do a short sale but they want us to sign a promissory note to pay back the money the short sale doesnt cover. Have you ever heard of that? Would you advise us to do that...

Mark Brown from Miami Beach, FL 

Posted on Saturday, May 23, 2009

Im just wondering, why would a bank agree to do a short sale? don't they lose money? ...

Mike from ,  

Posted on Saturday, May 23, 2009

Shari, I have walked from my house and have just been served by the first lender, the second home equity loan will certainly get shorted in a sale and file a judgement on me...some attorneys tell me to file chapter 7 now and some tell me to wait untill after the judgement(s) are recorded...who is ri...

Manny from ,  

Posted on Saturday, May 23, 2009

I closed down my business, and I gave the bank who lend me the money for my business my house as collateral. My question is if there is a way for me to keep the house ? I can pay my mortgage even though I no longer have the business. I owe $300,000 on my house mortgage and the house has a value of $...

Stan from Pgh, PA 

Posted on Saturday, May 23, 2009

I hear about recourse and non-recourse states. What is Pa.??? ...

Rachel from Miami, FL 

Posted on Saturday, May 23, 2009

Shari, I was listening to you interview last week on WIOD and heard you mention that you have names of mortgage brokers who could help those of us that are upside and can't get a modification, but are paying on time. Would you please share the names of companies that I may be able to check with? Tha...

Amy K. from Fort Lauderdale, FL 

Posted on Saturday, May 23, 2009

Does being upside down mean the same thing as being underwater? How do I know if I am this? ...