31 Articles match "Help","Information","Sales"

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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. A third warns that accurate data and timely information is essential to survive. Another claims that developing a series of “systems” in your business is the key to success. All agree on one thing: The pre-foreclosure market is a highly specialized area of the foreclosure business that
www.realtytrac.com - Tuesday, February 3, 2009
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Can "Appreciation Sharing" Solve The Mortgage Mess?
The just-passed Housing and Economic Recovery Act includes provisions that will help some 400,000 families replace toxic loans with FHA financing. In year two the percentage drops to 90 percent and if there’s a sale in year three the government gets 80 percent. Competition — and informed borrowers — would hold down appreciation sharing percentages. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller     We’re about to see something new in the mortgage marketplace: The government is going to insure huge
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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