Tag Archive | "short-sale"
Mortgage servicers sucking loans dry?
… is the one who is always 30 days late,” said Howard Glaser, a former official at the US Department of Housing and Urban Development, and the president of the Washington, DC-based Glaser Group, a mortgage industry consulting firm. … Originally posted here: Mortgage servicers sucking loans dry? Share and Enjoy:
Continue reading...HUD to Fine Uncooperatve Mortgage Servicers
Wednesday, October 8, 2008
HUD will assess civil money penalties against uncooperative mortgage servicers for failure to engage in loss mitigation with struggling homeowners. The letter does not specify the damages a servicer would incur. … Source: HUD to Fine Uncooperatve Mortgage Servicers
Continue reading...Ventura County’s First Time Home Buyers Tax Credit
Wednesday, October 8, 2008
First time home buyers in Ventura County who purchase a home on or after April 9, 2008 and before July 1, 2009 are to receive a tax credit of 10% of the purchase price, up to $7,500 from the federal government. Who Qualifies for The First Time Home Buyers’ Tax Credit? Home was purchased between [...]
Continue reading...Some of our Virginia Beach Foreclosure links…
Tuesday, October 7, 2008
Since Foreclosures, short sales, and bank owned or REO properties are such a hot commodity right now, I’ve developed a few different websites here in the Virginia Beach, Norfolk, Chesapeake, and Hampton Roads area in general to keep my clients up to date in what’s happening: VBForeclosures.com - Virginia Beach foreclosure [...]
Continue reading...Defining a Short Sale in Just Three Numbers
Tuesday, October 7, 2008
If you’re thinking about purchasing a short sale , at least keep your mind open to bank owned properties. The prices are legit and the answers usually come in days, not weeks or months. And you won’t see any $550 hocus pocus either. … Read the rest here: Defining a Short Sale in Just Three [...]
Continue reading...The Incentives of Mortgage Servicers: Myths and Realities
Monday, October 6, 2008
… DC As foreclosure initiations have soared over the past couple of years, many have questioned whether mortgage servicers have the right incentives to work out troubled subprime mortgages so that borrowers can avoid foreclosure and … More here: The Incentives of Mortgage Servicers: Myths and Realities
Continue reading...Lease-options can be especially advantageous for home sellers.
Sunday, October 5, 2008
Homeowners that can’t sell their houses may want to consider the advantages of selling it as a rent to own. A lease-to-own house purchase (also “rent-to-own purchase” or “lease purchase option”) is a lease combined with an option to purchase the property within a specified period at an agreed-upon price. The tenant/buyer (aka the [...]
Continue reading...Goverment Help For Homeowners, Are You Late On Your Mortgage Payments?
Sunday, October 5, 2008
The author Fernando Herboso , Herboso & Associates and Choice Real Estate do not warrant that this information is 100% accurate. Information presented in this article was taken from various websites including HUD.GOV. … More: Goverment Help For Homeowners, Are You Late On Your Mortgage Payments? Share and Enjoy:
Continue reading...Government Help For Homeowners, Are You Late On Your Mortgage Payments?
Sunday, October 5, 2008
Housing Bill, Government Bailout, Loan Modifications, Mortgage Payments Late? Considering a Short Sale Read on. . . Please understand the Housing Bill that recently passed to help current homeowners in refinancing their home to save them from foreclosure.. . Has many flaws but it will be some help for a few homeowners that may [...]
Continue reading...US mortgage modifications level off, but may rise
Sunday, October 5, 2008
Slower-than-expected growth in loan modifications may be tied to complex ownership of the loans that are collateral for bonds owned by investors with competing interests, analysts said. Many bond contracts stipulate no more than 5 … Read the rest of the post here: US mortgage modifications level off, but may rise Share and Enjoy:
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Thursday, October 9, 2008
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