5 tips for buying a foreclosed home
Only one real estate agent is involved. The seller wants a preapproval letter from a lender before accepting an offer.
Similar Posts
Brian Fallow: How to beat the next property crash
ByadminOn the go and no time to finish that story right now? Your News is the place for you to save content to read later from any device. Register with us and content you save will appear here so you can access them to read later. Foreclosure News
CFPB News: RFIs, Mortgage Servicer Rule, California Court Upholds Judgment
ByadminIn CFPB news, Mick Mulvaney's efforts to reshape the Consumer Financial Protection Bureau continue apace with more requests for information and improvements to the mortgage servicing rule. Finally, a recent California decision affirms the Bureau's right to properly tailored civil monetary penalties and injunctive relief, albeit in the more limited forms imposed earlier by the…
Fha Expands Foreclosure Relief for Victims of 2017 Disasters
ByadminThe Federal Housing Administration today announced expanded mortgage relief to FHA-insured homeowners who live or work in areas impacted by Hurricanes Harvey, Irma and Maria as well as California wildfires and subsequent flooding and mudslides. FHA is instructing mortgage servicers to offer additional options to eligible disaster victims in Texas, Louisiana, Georgia, Florida, South Carolina,…
District of Rhode Island requires compliance with face-to-face…
ByadminThe United States District Court for the District of Rhode Island continues to render decisions concerning the face-to-face meeting requirement. In two recent decisions, the Court found that holding a face-to-face meeting with the mortgagor concerning an FHA-insured mortgage loan is a condition precedent to acceleration/foreclosure. Foreclosure News
Former St. Michael’s School in Tremont hits the auction block after foreclosure
ByadminStone faces, their mouths agape, gaze over Cleveland's Tremont neighborhood from the facade of the former St. Michael's School on Scranton Road. In alcoves, white marble saints look skyward, as if contemplating what comes next – or awaiting a savior. Foreclosure News
The Hidden Truth About High Home Prices – Demand Can Easily Outrun Supply
ByadminThe argument continues that homebuilders haven't built enough new homes because local governments and residents won't let the builders build more new homes due to zoning that is too restrictive and NIMBYism. It's almost as if the entire housing industry is saying, “High home prices aren't our fault and there's nothing we can do about…