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3 Articles match "2008","Minnesota","Properties"
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The Latest from RealtyTrac
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FBI: Mortgage Fraud Begets Foreclosure
The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” This is not what many legitimate investors refer to as flipping — buying a property at a discounted price, making repairs and then quickly reselling the property for a profit. The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosure Fouls Up Sports Stars
The property has since gone back to the lender as an REO. Canseco bought the property back in April 2005 for almost $2.8 The home was assessed at $610,000, according to RealtyTrac , and the property has an estimated fair market value of $667,980, the Journal-Sentinel reported. Last year, he turned down a three-year, $21 million contract extension from the Minnesota Timberwolves, It’s not just average Americans who are losing their homes to foreclosure these days. Even rich and famous athletes who earned millions of dollars during their careers can be subjected
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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FBI: Mortgage Fraud Begets Foreclosure
The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” This is not what many legitimate investors refer to as flipping — buying a property at a discounted price, making repairs and then quickly reselling the property for a profit. The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Foreclosure Fouls Up Sports Stars
The property has since gone back to the lender as an REO. Canseco bought the property back in April 2005 for almost $2.8 The home was assessed at $610,000, according to RealtyTrac , and the property has an estimated fair market value of $667,980, the Journal-Sentinel reported. Last year, he turned down a three-year, $21 million contract extension from the Minnesota Timberwolves, It’s not just average Americans who are losing their homes to foreclosure these days. Even rich and famous athletes who earned millions of dollars during their careers can be subjected
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Avoid and Stop Foreclosure - Help at RealtyTrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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