1 Articles match "Nevada","Removal","Title"
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Secrets of Pre-Foreclosure Investing
3648) removes the tax burden on mortgage indebtedness, encourages loan restructuring between lenders and homeowners, and discourages foreclosures. We paid off the balloon, took title to the property for $20,000, and then we brought in some wholesale investors, who purchased it for $28,000. Most residential properties in pre-foreclosure – especially in bubble states like California, Florida and Nevada – are not worth pursuing because 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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The Best from RealtyTrac
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MORE
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Secrets of Pre-Foreclosure Investing
3648) removes the tax burden on mortgage indebtedness, encourages loan restructuring between lenders and homeowners, and discourages foreclosures. We paid off the balloon, took title to the property for $20,000, and then we brought in some wholesale investors, who purchased it for $28,000. Most residential properties in pre-foreclosure – especially in bubble states like California, Florida and Nevada – are not worth pursuing because 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
