HR1728 - Death to Investors?

by | Bank REO, Defaulted Mortgages, Flip Bank REO, Flipping Property, Forbearance, Lease options, Loan Modifications, Mike's World, Short Sales, Wholesaling

There is a ton of panic and confusion about a new bill that trying to get passed. It is HR1728: Mortgage Reform and Anti-Predatory Lending Act. Below is the full text of a message being circulated by concerned real estate investors nationwide. It seems to originate...

(Short sale magic) Hammering Out Some Questions on Choosing Nails

by admin | D, Defaulted Mortgages, Judgement Liens, Loan Modifications, S

More info...RISMEDIA, June 10, 2009-(MCT)-I have boxes of different kinds of nails in the workshop, because all nails are not alike. For instance, there are general-purpose nails used primarily in woodworking, and specialty nails for jobs involving concrete and...

(Pre foreclosure short sale) Myths About Foreclosed Houses

by admin | D, Defaulted Mortgages, Judgement Liens, Loan Modifications, S

More info...There are many myths about foreclosed houses that people think that just aren't true. Knowing the truth can help you determine if you should make an investment or not.Selling Foreclosed Homes For Sale OnlineThere are many things to consider when you sell...

(Home loan modification) Is it a Buyer's Market?

by admin | D, Defaulted Mortgages, Judgement Liens, Loan Modifications, S

More info...Times have definitely changed in the last year in most parts of the country. I'm in Birmingham, Alabama and we are lucky to have 3 new automoblie maufacturing plants located in a triangle around our city.But - if you are in an area that doesn't have...

(Buy short sale homes) Investors Watch Builders for Housing Hints

by admin | D, Defaulted Mortgages, Judgement Liens, Loan Modifications, S

More info...RISMEDIA, June 5, 2009-(MCT)-Markets will be focused on quarterly results from a pair of the nation's largest home builders this week to check the pulse of the key selling season that traditionally plays out during the warm months. However, a fresh sales...

(Florida judgement) Foreclosure Procedures for Countrywide - How Countrywide Financial Initiates the Foreclosure Process

by admin | D, Defaulted Mortgages, Judgement Liens, Loan Modifications, S

More info...A foreclosure process for countrywide financial is the only way left out to recover the money from those homeowners who have been defaulting on their payments. The bank takes this step after a few warnings and the idea behind this is not to make you...