Highlights: Geithner pushing housing policy change
Treasury Secretary Timothy Geithner said on Tuesday fundamental change is needed in the housing industry but appeared to back some mortgage guarantee.
Read more on Reuters via Yahoo! News
Montana’s foreclosure future uncertain
The Obama Administration is providing a new $2 Billion fund to needy homeowners in states in with the highest foreclosure [...]
August 20, 2010 | Posted in
Foreclosures |
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Need Prayer? Drive-Thru Takes Orders To Go
Joyce Kim needed a sign to remind her to pray.
Read more on KMGH 7 Denver
Need prayer? Tailgate prayer stand attracts California commuters, takes prayer requests to go
LOMA LINDA, Calif. – Joyce Kim needed a sign to remind her to pray. She found it a few months ago along a [...]
August 20, 2010 | Posted in
Foreclosures |
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The myth of bankruptcy and foreclosure is simply that bankruptcy stops foreclosure. Closer examination reveals that this may not be entirely true. Bankruptcy is a serious action to take to stall a foreclosure that will have long lasting ramifications.
Specifically Chapter 13 bankruptcy allows the person filing to work-out a repayment plan that extends over a [...]
August 20, 2010 | Posted in
Foreclosures |
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Avoiding Foreclosure, What are your options as a homeowner?
Do Nothing – The stress of facing foreclosure can push many homeowners into turning their head and letting the foreclosure process run it’s course. Doing nothing to save your have is the worst mistake you can make. You can avoid foreclosure with foreclosure assistance by a loan [...]
August 20, 2010 | Posted in
Foreclosures |
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Home foreclosures continue to rise
The number of US homes lost to foreclosure surged in July, another sign lenders are moving more quickly to take back properties from homeowners behind in payments.
Read more on The News Journal
Paulson’s bet on PMI drives company stock higher
Hedge fund buys 5 million shares of Walnut Creek mortgage insurer
Read more on [...]
August 19, 2010 | Posted in
Foreclosures |
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The mortgage foreclosure process can be quite overwhelming for a lot of people. Especially, if they themselves are facing this type of situation. In this article, we’ll cover the steps that the lenders can take as far as the mortgage foreclosure process is concerned. This may vary from state to state. The laws as [...]
August 19, 2010 | Posted in
Foreclosures |
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As of May 1st 2008, tens of thousands of homeowners are facing foreclosure. The reason so many homeowners are facing foreclosure is varied: loss of job, medical problems, adjustable rate mortgage (ARMs) doubling their monthly mortgage payments. Most homeowners have never faced this problem before and they are receiving bad advice from friends and family [...]
August 19, 2010 | Posted in
Foreclosures |
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Foreclosure home listings are online directories that contain information about foreclosed homes about to go on sale or currently on sale. These are a valuable new tool in the hands of the seasoned property investor. New investors, with zero experience in real estate business, are also coming round to the absolute indispensability of foreclosure home [...]
August 19, 2010 | Posted in
Foreclosures |
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You’ve heard it a million times. If you were to get a property that is entering foreclosure, you can get a great deal on the price of the home or property. The main question is how do you acquire the necessary knowledge to get this property. There are a lot of loopholes when it comes [...]
August 18, 2010 | Posted in
Foreclosures |
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Why Invest in Foreclosures?
Foreclosures are at an all time high which presents an outstanding opportunity.
High instant profit margins – for the well trained investor
You can buy at a steep discount in many cases
The future trend for finding good deals is up borrowers are defaulting on their sub-prime loans, [...]
August 18, 2010 | Posted in
Foreclosures |
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