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Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Free Foreclosure Listings - How To Instantly Get Access
Are you looking to profit or potentially save a bucket full of money on your next home purchase? I bet you are! Your timing is perfect. It's been a very long time since prices of homes have dropped as much as they have in the current real estate market. There are some really excellent deals to be ...
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Statutory Disposition of Foreclosure Sale Proceeds
When foreclosing on a borrower's loan collateral, it's no secret that banks and commercial lending institutions ultimately are seeking money. Normally, they hope to dispose of the collateral and, ideally, become whole from the proceeds of the sale. A senior lienholder will obtain most, but not all, ...
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Who Is Telling Us The Truth About Connecticut Mortgage Programs
How can we tell who is telling us the truth about the current state of the Connecticut mortgage industry and housing market? Every day we hear conflicting reports from the news and media that tells us that the sky is falling but at the same time we hear now is the best time to lock in a fixed low ...
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How Much Should A Lender-First Mortgagee Bid At An Indiana Sheriff's Sale?
Your lending institution has an Indiana decree of foreclosure related to commercial real estate. You have reason to believe the judgment amount exceeds the value of the collateral, so you want to preserve the right to collect the deficiency from the borrower or a guarantor. If you're wondering how ...
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Step By Step Approach To Finding Foreclosures
Here are two examples of Foreclosure listings: Central Ohio Foreclosure Source - Daily Reporter Newspaper. This site is where I get the most recent foreclosure listings, check your newspaper or call the city to find your list of foreclosures. Here is what a listing looks like when it is pulled up ...
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Technical Errors In Mortgage Language May Not Be Fatal
On August 2, 2007, Judge Philip Simon of the Northern District of Indiana, Hammond Division, issued an opinion about the impact of a mortgage that incorrectly defined the borrowers. See, In Re: Camp, 2007 U.S. Dist. LEXIS 57292 (N.D. Ind. 2007). Judge Simon's opinion discusses some of the general ...
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Automobile Dealerships - Out of Trust - Keepers
The Necessity of a Keeper When a lender feels its security is in jeopardy, it frequently places a keeper in the dealership. This action is usually precipitated by the lender losing its "comfort level" with the dealer. While many dealers interpret the placing of a keeper in their dealership as a ...
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Chapter 13 Refinance Mortgage Loan
The Chapter 13 bankruptcy loan is a changing but still available product offering from many wholesale lenders. Since August 2007 the secondary mortgage markets have been extremely volitile pushing many lenders to cut cut off funding for debtors with spotty payment history. Two or more 30 day lates ...
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More On Prejudgment Attachment And Garnishment
Lenders wanting to freeze, before judgment, the assets of a fraudulent borrower, or a borrower trying to avoid collection efforts, will be interested in some of the rules outlined by the Indiana Court of Appeals in Squibb v. State of Indiana, 860 N.E.2d 904 (Ind. Ct. App. 2007), decided January 31, ...
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Construction Mortgage VS Mechanic's Lien - Win, Lose Or Draw?
Recently, I met with a commercial lender who mentioned a problem with one of his projects. Construction had started, but the developer hadn't closed the construction loan. Thus the lender's mortgage hadn't been recorded, but likely would be soon. He wondered how the delay might affect the priority ...
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