Steve Capen's (scapen) Blog

I read a good article in the Wall Street Journal - Can A Retiree Get A Mortgage A lot of people do not realize that a retiree can now use a reverse mortgage to purchase home.  For some people (not everyone) this is a great solution!  Lets say someone wants to retire and move to Florida, but they ...

Some homeowners looking to short sell their home think that they will have to repay their lender for the entire loss. It's unfortunate to see them stress out and lose sleep at night wondering how they will repay the debt.A short sale loss is usually a large bill for the average homeowner. They do...

We have a list of all of the things that FHA considers legitimate hardships for a short sale. Click here to view the actual list from FHA. The good news is that if FHA considers something a hardship, then it is likely that most lenders agree. Here is the list of things that FHA thinks are a legit...