Default – SFALLY.com

You have been cancelled!

Marvin Morrison — Fri, 17 Nov 2023 11:54:04 +0000

Hey there, it’s Marvin Morrison, your friendly Realtor over at Brookstone Realtors. I wanted to shoot you a quick update on what’s happening in the real estate scene. Things have cooled down a bit lately, and it’s no surprise with interest rates climbing and prices hitting the roof. It’s like the market caught a chill. …

You have been cancelled! Read More »

This Too Shall Pass… But When

Marvin Morrison — Wed, 30 Aug 2023 20:01:00 +0000

Foreclosure and the Domino Effect of Procrastination As a foreclosure specialist, I’ve come across countless homeowners who’ve found themselves facing the daunting challenge of a looming foreclosure. It’s a distressing situation, compounded by the complex emotions and stressors attached. The age-old saying, “This too shall pass,” may bring solace to some, but the timeline of …

This Too Shall Pass… But When Read More »

Dead Debts Walking: The Rise of Zombie Properties

Marvin Morrison — Sun, 27 Aug 2023 21:50:42 +0000

Zombie Foreclosures on the Rise but Poses Little Threat to Housing Stability The U.S. housing market, having experienced significant turmoil in the past, now faces another concerning trend – the rise in vacant homes under foreclosure. But, how concerning is this uptick? Let’s delve into the recent findings from ATTOM, a leading real estate …

Dead Debts Walking: The Rise of Zombie Properties Read More »

Riding the Rising Tide: A Foreclosure Storm Looms over U.S. Housing Market

Marvin Morrison — Sun, 16 Jul 2023 17:07:12 +0000

Riding the Rising Tide: A Foreclosure Storm Looms over U.S. Housing Market I’m Marvin Morrison, the steadying hand behind SFALLY.com, and an experienced Realtor with deep roots in Michigan. I’d like to take a moment to bring to light some numbers from the Midyear 2023 U.S. Foreclosure Market Report, released by the revered property data …

Riding the Rising Tide: A Foreclosure Storm Looms over U.S. Housing Market Read More »

Fannie Mae’s HomeReady SPCP and Freddie Mac’s BorrowSmart Programs for First Time Homebuyers

Marvin Morrison — Fri, 14 Jul 2023 10:27:11 +0000

Unveiling Fannie Mae’s HomeReady SPCP and Freddie Mac’s BorrowSmart Programs for Aspiring Homeowners As a dedicated Realtor with nearly a decade of experience, my goal is to guide you through the journey of homeownership and help you find your dream home. Navigating through the plethora of financial aid options available to first-time homebuyers can be …

Fannie Mae’s HomeReady SPCP and Freddie Mac’s BorrowSmart Programs for First Time Homebuyers Read More »

Foreclosure: Prevent it Before it Starts

Marvin Morrison — Thu, 13 Jul 2023 15:20:50 +0000

Foreclosure: Prevent it Before It Starts A home is much more than four walls and a roof; it’s where we nurture dreams and make lasting memories. So, when financial hardships arise, the threat of foreclosure can feel devastating. But there’s good news: taking a proactive approach can help homeowners like yourself prevent foreclosure before it …

Foreclosure: Prevent it Before it Starts Read More »

The Foreclosure Process Unraveled: Protect Your Home Today

Marvin Morrison — Thu, 13 Jul 2023 14:26:51 +0000

The Foreclosure Process Unraveled: Protect Your Home Today For many, a home is a symbol of security, comfort, and achievement. It’s where memories are made and futures are built. But what happens when financial hardships come knocking at the door and threaten this sense of security? Foreclosure could be a real concern. Understanding the foreclosure …

The Foreclosure Process Unraveled: Protect Your Home Today Read More »

Guide to Foreclosure and Bankruptcy: When two Super Powers Collide – Part 7

Marvin Morrison — Sun, 25 Jun 2023 16:20:00 +0000

PART 7: Pause: How Long Until I Can Get a New House? The journey to homeownership post-bankruptcy can be both challenging and rewarding. The duration largely depends on the type of bankruptcy you filed, your credit health, and the type of loan you’re seeking. After a Chapter 7 bankruptcy, you’ll typically need to wait two …

Guide to Foreclosure and Bankruptcy: When two Super Powers Collide – Part 7 Read More »

Guide to Foreclosure and Bankruptcy: When two Super Powers Collide – Part 6

Marvin Morrison — Sat, 24 Jun 2023 16:19:41 +0000

part 6: Stays: But I Thought I Had to GO! In the legal world of bankruptcy, a “stay” refers to the automatic stay provision outlined in 11 U.S. Code § 362. An automatic stay is a federal injunction that stops actions by creditors to collect debts from a debtor who has declared bankruptcy. This automatic …

Guide to Foreclosure and Bankruptcy: When two Super Powers Collide – Part 6 Read More »

Guide to Foreclosure and Bankruptcy: When two Super Powers Collide – Part 5

Marvin Morrison — Fri, 23 Jun 2023 16:19:07 +0000

Part 5 Lien Stripping: What is That? Lien stripping is a powerful tool available under Chapter 13 bankruptcy. If you have multiple mortgages and your home’s value has decreased to the point where the first mortgage exceeds the property’s current value, then Chapter 13 bankruptcy allows you to strip or remove the second or third …

Guide to Foreclosure and Bankruptcy: When two Super Powers Collide – Part 5 Read More »