2 Articles match "Avoid","Book","Maine"

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Secrets of Pre-Foreclosure Investing
Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. First, a homeowner facing foreclosure may be motivated and willing to do almost anything to avoid losing property to the bank. Moreover, pre-foreclosure investors need to investigate hidden liens, unpaid federal and local taxes and other undisclosed title problems. “If you miss a lien or a second mortgage, you might Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com - Tuesday, February 3, 2009
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Wachovia Changes The Lending Game
This new prepayment policy, said Laurent Bossard, WMC’s chief executive officer, “provides borrowers with enhanced flexibility to avoid prepayment fees.” “Just as in the case with WMC, the Wachovia initiative will change the mortgage debate in Washington,” added RealtyTrac’s Saccacio. “Efforts Yes, the company is giving up potential penalty income but the bigger issue is this: It’s better and cheaper for Wachovia to have loans refinanced and removed from its books than to have loans fail. Wachovia Changes The Lending Game By Peter G. Miller  
www.realtytrac.com - Tuesday, February 3, 2009
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  • Wachovia Changes The Lending Game
    This new prepayment policy, said Laurent Bossard, WMC’s chief executive officer, “provides borrowers with enhanced flexibility to avoid prepayment fees.” “Just as in the case with WMC, the Wachovia initiative will change the mortgage debate in Washington,” added RealtyTrac’s Saccacio. “Efforts Yes, the company is giving up potential penalty income but the bigger issue is this: It’s better and cheaper for Wachovia to have loans refinanced and removed from its books than to have loans fail. Wachovia Changes The Lending Game By Peter G. Miller  
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Secrets of Pre-Foreclosure Investing
    Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. First, a homeowner facing foreclosure may be motivated and willing to do almost anything to avoid losing property to the bank. Moreover, pre-foreclosure investors need to investigate hidden liens, unpaid federal and local taxes and other undisclosed title problems. “If you miss a lien or a second mortgage, you might Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE