OPED: Don’t fall victim to reverse-mortgage con
A reverse mortgage will cause you to lose your equity. The cash flow you accept, perhaps 20 percent to 50 percent of your home's value, will be all you ever get by the time the bank owns your home.
A reverse mortgage will cause you to lose your equity. The cash flow you accept, perhaps 20 percent to 50 percent of your home's value, will be all you ever get by the time the bank owns your home.
Prices for existing homes sold in Southern Nevada kept rising through May and are now approaching their all-time peak, according to a report by the Greater Las Vegas Association of Realtors. GLVAR reported the median price for existing single-family homes sold in Southern Nevada during May through its Multiple Listing Service was $ 295,000. Foreclosure…
Missaukee County Treasurer Lori Cox is asking the county's commissioners to oppose some legislation a state house committee is considering. The bill is designed to make it possible for somebody to get property back after it has gone through foreclosure, according to a legislative analysis of the bill. Foreclosure News
The Bonnett family lost their home to property tax foreclosure in 2015. Nearly one in four Detroit properties was tax-foreclosed between 2011 and 2015. Foreclosure News
An abandoned and dilapidated apartment house in Lackawanna that became the focus of a new state law, cracking down on foreclosed “zombie” property may be getting a new life. Local officials announced on February 3, enforcement of the new law, called the Foreclosure Relief Act, could lead to $ 500 a day fines against the…
The embattled bank revealed the issue in a regulatory filing this week and said it has set aside $ 8 million to compensate customers affected by the glitch. is facing “formal or informal inquiries or investigations” from unnamed government agencies over how the company purchased federal low-income housing tax credits. Foreclosure News
The historical former home of Hiram Ellwood at 329 N. Third St. in DeKalb is shown Monday, April 9, 2018 Mark Busch – [email protected] DeKALB – After being in foreclosure for roughly 18 months, the Victorian-style home of Hiram Ellwood , brother of barbed wire baron Isaac Ellwood, will be up for auction Thursday and…