Quick foreclosure either a hustle, bad business
Q: We purchased a house about six months ago. Last month, for the first time, we weren't able to make a payment because my husband's paycheck was delayed.
Similar Posts
Key Housing Market Indicators Up in September
Byadmin
Multiple Listing Service statistics for September show year-over-year increases in closed sales, median sale price and days on market with declines reported in new listings, pending sales, inventory of homes for sale and month's supply of inventory. For the month of September 2017, the median home sale price was $ 130,000, an increase of 3.7…
Scams push foreclosure fraud to limit, taking victims’ homes
Byadmin
In this Feb. 1, 2017, photo, Raymond Murray gets a visit from his lawyer, Robert Seewald, right, at his home in New York. Murray is the victim of deed theft, a foreclosure fraud where older people are mostly the target. Foreclosure News
Bank pitches receiver’s role at Hermitage properties
Byadmin
Berkshire Bank has submitted to the court a wish list of responsibilities it wants the receiver to have as he safeguards the Hermitage Club properties until they go to auction in a foreclosure. “The receiver shall file monthly reports with the court that explain the services rendered by receiver in narrative form,” Elizabeth Glynn, attorney…
Berrien Foreclosures Looking Down This Year
Byadmin
Berrien County Treasurer Bret Witkowski is still waiting for final numbers on this year's foreclosures. The last day to pay property taxes for 2015 was Monday, and Witkowski tells WSJM News he expects the foreclosures to be down from last year. Foreclosure News
Byadmin
In order to help deal with the problem of non-performing loans, the Transfer and Mortgage of Properties Law was amended in 2014 to speed up and streamline the foreclosure process. The amending law introduced an additional procedure under Section VIA which, in contrast to the one already provided by Section VI, allows for a direct…
Record High Equity Thanks to Mortgage Credit Demographics
Byadmin
As the value of residential real estate rises with home prices, so has the owner's equity share of that value. Jing Fu, writing in the National Association of Home Builders' Eye on Housing Blog, says that equity hit a new high in the first quarter of this year. Foreclosure News