30 Articles match "Foreclose","Laws"

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Secrets of Pre-Foreclosure Investing
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. The legislation was signed into law by President Bush on Dec. Another claims that developing a series of “systems” in your business is the key to success. A third warns that accurate data and timely information is essential to survive.
www.realtytrac.com - Tuesday, February 3, 2009
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New York Versus Freddie Mac: Round One
On one side is newly-passed state legislation which sets tough standards for subprime and “high cost” loans and on the other is Freddie Mac, which says it won’t buy such loans in the state after September 1st, the day the new law goes into effect. At the heart of the dispute is newly-enacted legislation which says lenders can’t foreclose subprime or high cost borrowers in the state unless a lengthy list of standards has first been met. New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
www.realtytrac.com - Tuesday, February 3, 2009
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National Registration For Loan Officers Becomes Reality
But that’s about to change because registering mortgage loan officers is now the law of the land. Seen another way, the new law makes mortgage lending more transparent, something which will reduce foreclosure rates, cut lender losses and make mortgages more enticing to investors worldwide. “Across the country we carefully license real estate brokers, lawyers and doctors,” says James J. Saccacio, chief executive officer at RealtyTrac.com , the nation’s largest source of National Registration For Loan Officers Becomes Reality By Peter G. Miller  
www.realtytrac.com - Tuesday, February 3, 2009
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  • New York Foreclosure Laws
    New York Foreclosure Laws New York foreclosures are handled either in court or out of court, although court foreclosures are more common. New York foreclosures can take up to 15 months, which is longer than most other states. Compare All State Foreclosure Laws New York Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes
    www.realtytrac.com - Tuesday, February 3, 2009
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  • New Mexico Foreclosure Laws
    New Mexico Foreclosure Laws New Mexico foreclosures are handled through the court system. The typical foreclosure process lasts about six months. Compare All State Foreclosure Laws New Mexico Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes No 180 Days NA 30-270 Days
    www.realtytrac.com - Tuesday, February 3, 2009
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  • U.S. Foreclosure Laws
    Foreclosure State Laws By RealtyTrac Foreclosure laws and timelines vary from state to state. Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls. State Foreclosure Laws Quickly locate and review the foreclosure law specific to your state � or any state you�re considering investing in. Select A State Alabama
    www.realtytrac.com - Tuesday, February 3, 2009
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  • North Dakota Foreclosure Laws
    North Dakota Foreclosure Laws North Dakota foreclosures are administered through the court system. The foreclosure process takes about five months. Compare All State Foreclosure Laws North Dakota Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes No 150 Days NA 180-365
    www.realtytrac.com - Tuesday, February 3, 2009
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  • South Carolina Foreclosure Laws
    South Carolina Foreclosure Laws Foreclosures in South Carolina are handled through court proceedings. The typical foreclosure timeline is approximately six months. Compare All State Foreclosure Laws South Carolina Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes No 150 Days NA
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Nebraska Foreclosure Laws
    Nebraska Foreclosure Laws Both court and out-of-court foreclosures are available in Nebraska. The typical foreclosure process can last 4-6 months. Compare All State Foreclosure Laws Nebraska Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes No 142 Days NA None Sheriff Comments: Judicial Foreclosures only Pre-foreclosure Period In most cases, court foreclosures are for mortgages, whereas out-of-court foreclosures
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Missouri Foreclosure Laws
    Missouri Foreclosure Laws In Missouri, foreclosures are handled both in and out of court. The typical foreclosure process takes about two months. Compare All State Foreclosure Laws Missouri Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 60 Days 10 Days 365 Days
    www.realtytrac.com - Tuesday, February 3, 2009
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  • CO Gives Owners More Time to Fix Foreclosure
    A state law that took effect Jan. Under the new law, created by H.B. The law also eliminates the 75-day redemption period previously available to homeowners. This redemption period allowed homeowners who had been foreclosed on to buy back their homes after the public foreclosure sale by paying the winning bidder the amount of the winning bid. “For 1 gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • New York Versus Freddie Mac: Round One
    On one side is newly-passed state legislation which sets tough standards for subprime and “high cost” loans and on the other is Freddie Mac, which says it won’t buy such loans in the state after September 1st, the day the new law goes into effect. At the heart of the dispute is newly-enacted legislation which says lenders can’t foreclose subprime or high cost borrowers in the state unless a lengthy list of standards has first been met. New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Foreclosures and Hurricanes: A Nasty Combo
    The Institute of Business and Housing Safety is reporting that the increasing number of abandoned or vacant foreclosed homes is so great as to generate real concern for the oncoming hurricane season this year. The potential for damage to other homes and personal property, along with the hazardous danger of bodily harm involved, may give support to the idea being promoted in many cities, counties and states around the country to hold lenders liable for maintaining the foreclosed properties in their REO inventory until they are sold. The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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