Aaron Cuha

Short Sales 101

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Wikipedia defines a short sale as the following,

“A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property’s loan.  It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency”

Seller Benefits

A short sale comes by as an assured relief, whereby you can sell your home to someone at a price lower than the mortgage balance (or, less than the loan balance).
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Nepal Non-Profit Work

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Somewhere in the World a Child Loses a Parent Every 2.2 Seconds.

There are 143 million orphaned children living in the world today and as many as 100 million more children abandoned on the streets world wide, living in substandard and dangerous conditions (UNICEF estimates).

Generations of children have been left to raise themselves. What future awaits them? What future can be predicted for their countries?
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Understanding the Home Affordable Foreclosure Alternatives Program

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In light of the rising number of property foreclosures in the United States, the government has expanded the Home Affordable Modification Program (HAMP) to include provisions and incentives for servicers to allow short sales or deeds-in-lieu as positive options for eligible homeowners in default who wish to avoid foreclosure. The new program is called Home Affordable Foreclosure Alternatives (HAFA).

What is the Home Affordable Foreclosure Alternatives Program? Here are some of its benefits:

  • Borrowers will receive $1,500 in relocation expenses from the US Government.
  • Loan Servicers will receive $1,000 from the US Government per transaction that they process.
  • 2nd lien holders will receive up to $3,000 of the sale proceeds for releasing their liens.
  • 1st lien investors can receive up to $1,000 from the US Government for “signing off” on payments that subordinate lien holders.
  • Borrowers must be “fully released” from any and all further liability.

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C4GC

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After traveling the world together Aaron and Debbie Cuha found a great need. Not just the needs of those who live in poverty, but a need to help people that lay deep inside their hearts. Since then Aaron and Debbie have dedicated their effort, time, and personal fortunes in bring awareness and aid to those who need it most.

In 2006 Aaron and Debbie founded The Center for Global Change to provide face to face, person to person assistance to ensure the betterment of lives of good people living in bad situations.

The Best Travel quotes to awaken the Nomad in you!

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The Best Travel quotes to awaken the Nomad in you!

It is early morning and I am sitting on the back of a beautiful boat anchored just outside the Marina Cabo San Lucas, enjoying a amazing French Press of Coffee.  Sometime in the middle of the night three new sailboats arrived from The Newport Beach to Cabo regatta. I can hear the sailors telling stories all around me; the usual conversation about how long it took to get here, and what troubles they ran into along the way.
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