What does that mean to you if you are buying? Selling? By AMY HOAK @ the WSJ Brace yourself for another rough year in housing: The number of foreclosures is expected by many to...
Tag Archives: short sale
Hidden Medical Debt Trips Up Homeowners
This is an absolutely fantastic article of incredible relevance! Please take a quick minute to read through this… Written By JESSICA SILVER-GREENBERG – as Seen in the WSJ...
When Borrowers default on second homes – as seen in the N.Y. Times
Recently…. I was asked: “Isn’t it illegal to just walk away from your home”? While it’s not illegal, it does bring up some key factors. A few are...
Obama mortgage mods slow, hitting nearly 500,000
A program designed to help 3,000,000 and they are struggling! I’m curious, what are your thoughts with the loan modifications, the band aid of today’s loan crisis? Click on...
Banks seize 288K homes in Q3, but challenges await!
By ALEX VEIGA, AP Real Estate Writer Thursday, October 14, 2010 – J Pat Carter / AP Lenders seized more U.S. homes this summer than in any three-month stretch since the housing...
Lack of title insurance could slow sales of foreclosed homes
By Stephanie Armour, USA TODAY Adds Rafael Castellanos, managing partner at Expert Title Insurance Agency in New York, “It is possible for a homeowner to come back and stake a...
A New Way to Cut a Mortgage!
‘Recasting’ Your Home Loan Can Lower Monthly Payments With Fewer Hassles homeowners who already have refinanced into low-interest-rate mortgages are using a little-known...
Conforming Loan Limits Stay at $729,950 Through September 2011!
This is great news for our buyer’s here in Southern California. LOS ANGELES (Sept. 30) – The U.S. Congress late yesterday passed a continuing resolution that included a...
Forensic Mortgage Loan Audit Scams: A New Twist on Foreclosure Rescue Fraud
A great article just released by the Federal Trade Commission. Worth a few minutes to read as this is pertinent and valuable information in today’s challenging economy....
Short sales soar in California, U.S.
Real estate deals in which lenders agree to take less for a property than the balance on the mortgage have tripled since 2008, a report says By Tiffany Hsu, Los Angeles Times August...