Beware of bad flips when buying a house in metro Phoenix
A record number of Valley homes have been renovated and flipped. But the rush to fix and flip has led to big headaches and costs for some buyers.
A record number of Valley homes have been renovated and flipped. But the rush to fix and flip has led to big headaches and costs for some buyers.
Retired Pinellas County Sheriff's Sgt. Tim Grundmann, 52, and his wife, Carol Grundmann, 53, have spent four years battling their bank and loan servicer over a wrongful foreclosure on their home in Seminole, background. Foreclosure News
The Federal Housing Administration's financial health is benefiting from continued reductions in delinquencies and foreclosures, but the FHA is also losing some of its best customers at a fast clip. The “serious” delinquency rate on FHA-insured home loans dropped to 4.28% in the third quarter of fiscal year 2017, according to an FHA quarterly report…
A New York homeowner last week fought back against the denial of a mortgage modification by Wells Fargo – using as a cudgel in the bitter spat the bank's admission just weeks earlier that a computer glitch wrongly denied hundreds of customers home loan help . The move by Mia Derosa is the first known…
The firm currently has $ 16.00 price objective on the real estate investment trust's stock. According to Zacks, “Great Ajax Corp. is a real estate investment trust which acquires, invests and manages a portfolio of mortgage loans secured by single- family residences and single-family properties. Foreclosure News
Forty homes in the Capital Region are expected to be saved from foreclosure with a new $ 7.6 million Community Restoration Fund launched by the state to purchase mortgages in foreclosure. The state has taken on the mortgages of 398 homes homeowners modify loans to make it financially feasible for families to stay while also…