Minnesota Short Sale Help

Keep Insurance Or Not?

Remember that most homeowners escrowed for those expenses and they are just wrapped into their mortgage payment (you probably just forgot about them). One little overlooked fact that happens when a homeowner stops making their mortgage payment is that the bank begins to pay for the insurance premium and taxes out of their pocket. This will often continue for a long...

Reasons to Avoid Foreclosure

I meet homeowners all the time that have simply given up on trying to safe their homes. Some don’t care and others just don’t understand the process. I often tell them that if they have already accepted letting their home go into foreclosure, what is the harm in trying to do a short sale. The only result is either foreclosure if the short sale...

Tips to Owning a Home After Foreclosure

Going through a foreclosure can be a difficult and stressful situation. Many people are uncertain if or how they will ever be able to own a home again. There doesn’t seems to be any perfect answer of when or how you will again qualify for a new mortgage. Luckily for most people, foreclosure is a one-time event. With discipline and determination, you can get...

Foreclosure Alternatives

If you have fallen behind in your mortgage payments, there are several options that you can consider to save yourself from foreclosure. One is a short sale, but there are many others that may work for you. Each one is going to depend upon your unique situation and may or may not be right for you. Only your attorney, accountant or real estate agent (or a combination...

Reasons for Short Sale Hardship

As part of the short sale process, your lender will want you to write a hardship letter. This should be a 1 to 1 1/2 page letter that details why you are in the financial situation and can no longer afford to make your mortgage payments (or very soon in the future will not be able to make them). The letter should contain only factual information as it may be verified...

Scott Ficek

Certified Distressed Property Expert
Re/Max Advantage Plus

cell: 612.281.5419
Scott [at] MNIREA [dot] com

You need an advocate that will act in your best interests and help you find the best solution to the financial crisis you are facing.

How We Can Help

You are probably getting bombarded by advice from friends, family, creditors, and possibly even other real estate agents. Using our CDPE certification, we can help you by giving you options in an honest, open, and compassionate discussion.

You are not alone.

Contact Us

I am passionate about what I do (and somewhat of a workaholic), so you can often find me answering emails on weekends and after 10pm. Feel free to call me at 612-281-5419, send me an email at scott [at] mnirea [dot] com or use the below contact form: