Underwater on Your Mortgage? Do This Now
Millions of Americans are underwater on their home loans. Here's what to do if you're one of them.
Millions of Americans are underwater on their home loans. Here's what to do if you're one of them.
According to the New Jersey Realtor's home report for March, the median price for a single family home in West Milford was $ 209,500, which is a 12 percent drop over March of last year. Supply of single family homes was down by 11 percent. Foreclosure News
Ray's Take: It's something we hope never happens to us, but at least once in your life, you will find yourself needing money fast. More than you ever dreamed of when you set up your six months' worth of expenses emergency fund. Foreclosure News
President of the Tobago Hotel and Tourism Association Chris James told the T&T Guardian yesterday that some business owners had already lost their properties and others have been forced to close because of ongoing problems. James said the problems facing Tobago “are not of our making” and said he was optimistic that if the Government…
The Supreme Court has ruled that cities may sue banks for predatory lending practices among minority customers that lead to foreclosures, declines in property taxes and dips in property values. The justices' 5-3 ruling Monday validates a novel approach by Miami and other cities to try to hold banks accountable under the federal Fair Housing…
A foreclosure by a lender of a landlord's property terminates all subordinate leases on the property. In the absence of an SNDA , then whether a lease is subordinate is determined by the timing of the mortgage or similar instrument and the date of lease and the language of the lease itself. Foreclosure News
During the housing crisis, investors with cash snapped up tens of thousands of distressed properties and converted them to rentals. We're becoming a nation of renters – and not just apartment dwellers. Foreclosure News