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2 Articles match "Auctions","Minnesota","Sales"
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The Latest from RealtyTrac
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Minnesota Foreclosure Laws
Minnesota Foreclosure Laws Both in-court and out-of-court foreclosure proceedings are used in Minnesota. The ideal timeline for a Minnesota foreclosure is approximately four months, not including the redemption period. Compare All State Foreclosure Laws Minnesota Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 90-100 Days
www.realtytrac.com
- Tuesday, February 3, 2009
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.” If not caught, the flipper pockets the profit produced by the artificially inflated sales price (see diagram below from FBI report). The report goes on to pinpoint “foreclosure-rescue” scams as an emerging form of fraud that takes advantage of the growing number of homeowners in default. “The perpetrators convince homeowners
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
-
Minnesota Foreclosure Laws
Minnesota Foreclosure Laws Both in-court and out-of-court foreclosure proceedings are used in Minnesota. The ideal timeline for a Minnesota foreclosure is approximately four months, not including the redemption period. Compare All State Foreclosure Laws Minnesota Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 90-100 Days
www.realtytrac.com
- Tuesday, February 3, 2009
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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.” If not caught, the flipper pockets the profit produced by the artificially inflated sales price (see diagram below from FBI report). The report goes on to pinpoint “foreclosure-rescue” scams as an emerging form of fraud that takes advantage of the growing number of homeowners in default. “The perpetrators convince homeowners
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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