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7 Articles match "Attorney","Balance","Sales"
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The Latest from RealtyTrac
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The Government Goes After Loan Officers
Most investors who bought these securities,” says the SEC, “lacked the cash or income to do so, but were urged by their brokers to raise the money to pay for the purchases and the monthly payments required for these products by refinancing their fixed-rate mortgages into subprime adjustable-rate negative amortization mortgages.” According to the SECs complaint “each defendant was a mortgage broker as well as a registered representative and collected compensation from the mortgage refinancings as well as the sales of securities. In making the sales, the brokers allegedly misrepresented
www.realtytrac.com
- Tuesday, February 3, 2009
Stop Home Foreclosure
Your lender may agree to accept the sale as total satisfaction of your mortgage obligation even if the proceeds of the sale are less than the amount that you actually owe. This is called a short sale. The "as is” appraised value and the sale price should be least 70 percent to 80 percent of the unpaid principal balance of the home. How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. Johnson If you are currently in foreclosure, strongly consider selling your property as a backup plan.
www.realtytrac.com
- Tuesday, February 3, 2009
Deed in Lieu of Foreclosure - a Way Out of Foreclosure - RealtyTrac
Short of filing for bankruptcy (which only delays the inevitable, and does not STOP foreclosure in its tracks), sometimes your lender just isn’t willing to negotiate a loan workout or accept a short sale (agreeing to take less money on the sale of your property than the balance due on their underlying mortgage). However, should you find yourself in this situation where there may be a deficiency judgment involved, the best thing to do is to consult with a real estate attorney about possible options. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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New Hampshire Foreclosure Laws
The typical timeline for an out-of-court foreclosure is approximately three months, including the pre-foreclosure period. Compare All State Foreclosure Laws New Hampshire Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS No Yes 59 Days 24 Days None Trustee
www.realtytrac.com
- Tuesday, February 3, 2009
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Deed in Lieu of Foreclosure - a Way Out of Foreclosure - RealtyTrac
Short of filing for bankruptcy (which only delays the inevitable, and does not STOP foreclosure in its tracks), sometimes your lender just isn’t willing to negotiate a loan workout or accept a short sale (agreeing to take less money on the sale of your property than the balance due on their underlying mortgage). However, should you find yourself in this situation where there may be a deficiency judgment involved, the best thing to do is to consult with a real estate attorney about possible options. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
The scammers dontcreate the foreclosure rates, but they swoop in at the time thatsomeone is in distress," said Elizabeth Renuart, a staff attorney withthe National Consumer Law Center in Boston and the author of "DreamsForeclosed: The Rampant Theft of Americans Homes ThroughEquity-Stripping Foreclosure Rescue Scams." Make a comment or send us an e-mail . Posted 03-29-2006 6:49 PM by darenb Filed under: Pre-Foreclosures Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fighting Foreclosure: Seven Ways to Dodge Delinquency
Reinstatement Prior to a foreclosure sale, borrowers have the right to reinstate a delinquent loan. Consult with a real estate attorney or an experienced real estate broker because reinstatement laws vary from state to state. For example, delinquent mortgage payments may be added to the loan balance or the borrower could be given more time to bring the late payment current. The sharp rise in foreclosure activity in recent months does not paint a pretty picture for distressed borrowers: 437,000 foreclosure filings were reported in the first quarter of this year, according to RealtyTrac .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Government Goes After Loan Officers
Most investors who bought these securities,” says the SEC, “lacked the cash or income to do so, but were urged by their brokers to raise the money to pay for the purchases and the monthly payments required for these products by refinancing their fixed-rate mortgages into subprime adjustable-rate negative amortization mortgages.” According to the SECs complaint “each defendant was a mortgage broker as well as a registered representative and collected compensation from the mortgage refinancings as well as the sales of securities. In making the sales, the brokers allegedly misrepresented
www.realtytrac.com
- Tuesday, February 3, 2009
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Stop Home Foreclosure
Your lender may agree to accept the sale as total satisfaction of your mortgage obligation even if the proceeds of the sale are less than the amount that you actually owe. This is called a short sale. The "as is” appraised value and the sale price should be least 70 percent to 80 percent of the unpaid principal balance of the home. How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. Johnson If you are currently in foreclosure, strongly consider selling your property as a backup plan.
www.realtytrac.com
- Tuesday, February 3, 2009
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July Foreclosure Report
Although rents are now in line with mortgage payments, there still is not a balance of buyers and sellers out there. Foreclosures and short sales are flooding the market, accelerating the declines. 150 foreclosures for sale in this zip and hundreds more in preforeclosure. U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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