What Is a Short Sale and Who Does it Benefit?
A short sale can get a homeowner out from under a high-debt home. These sales can offer good deals to home buyers and sellers alike.
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Daily market update: May 11, 2017
ByadminIn February 2017, 5.0 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 0.5 percentage point decline in the overall delinquency rate compared with February 2016. Foreclosure News
New computer glitch solved in zombie property equipment
ByadminThe task force is required as part of a $ 150,000 state grant to help deal with the city's ongoing problems with so-called “zombie properties.” Getting the program up and running has been delayed about two years because of issues with software the city's Code Enforcement office is using to implement it. The city spent…
The State AG Report Weekly Update
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A Florida bank now owns the former legislative office building in downtown Anchorage
ByadminA Florida-based bank is now the owner of the office building in downtown Anchorage that Alaska lawmakers left after an extensive and pricey renovation project. EverBank went to Anchorage Superior Court over the building in April last year, asking for a foreclosure sale. Foreclosure News
FHA condo loans slipped under Obama. Trump’s HUD eyes a comeback
ByadminThe mortgage and real estate industries are hopeful that the Federal Housing Administration is moving more aggressively to revive its condominium loan program. The program's scope was reduced during the Obama administration after the FHA had imposed restrictions on condo loan approvals due to crisis-era losses. Foreclosure News