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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...
Understanding the Different Types of Foreclosures
Foreclosure is the process where,after a buyer has failed to make the payments as agreed, the buyer is then served with a notice of default, After several months (2 to 4), the borrower is evicted and their home is placed for sale by either the conventional lender (the mortgage bank or mortgage ...
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Foreclosed Properties - A Great Way To Get Stated In Real Estate Investing
Interested in investing in real estate; looking for a great return on investment, or commonly referred to as "ROI"; then foreclosed properties may be exactly what you have been waiting for. Real estate investors have been buying and selling foreclosures for many years, making a fortune on buying ...
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This Is Only The Beginning Of The Swarm Of Foreclosure Houses
Delinquency and foreclosure rates are rising on subprime mortgages. As evidenced through the most recent results from the Mortgage Banker's Association National Delinquency Survey of first mortgage loans, foreclosure rates are on the rise. Currently, the national delinquency and foreclosure rates ...
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New State Laws Regarding Mortgage Broker Law May Actually Increase Foreclosures
Lenders are closing their doors left and right. Over 100 national wholesale lenders have gone out of business since the first of the year. Foreclosures are the topic de jour. What's happening out there? Jim Cramer from CNBC?s Mad Money recently had a rather emotional assessment on national TV just ...
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How To Buy Pre-Foreclosures
Everyone knows that the government doesn't like to lose money, and now the Federal Housing Association (FHA) has upped the ante for lenders that do not engage in loss mitigation efforts. The U.S. Housing and Urban Development (HUD) Department recently announced a program to reward lenders for ...
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HUD Foreclosure Investing
Department of Housing and Urban Development (HUD) residential foreclosures are available throughout the United States. The sales process for purchasing a HUD home isn't quite the same as you'll encounter when buying a home from an individual, so take a few notes before you go home shopping. The ...
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Stated Income Loans Are Disappearing or Becoming Expensive - What is Happening to Mortgage Lenders?
Last week, a real estate broker I have tremendous respect for, sent me an email that said, "What in the heck is going on with the lending business and how do we adjust our business?" He asked me to come speak with the agents in his office about it this week. Here is what I will tell them.... What's ...
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House Passes Comprehensive Housing Package
The U.S. House of Representatives has now passed the most comprehensive bill designed to help the American mortgage crisis. The American Housing Rescue and Foreclosure Prevention Act (H.R. 3221) will now respond directly to the current crisis facing the middle class Americans while providing ...
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Carolina Real Estate Foreclosures
If you are a distressed homeowner and are living in the Carolinas, then avoiding foreclosure is essential to keeping you in your home as well as preserving your credit integrity. However, in some rural areas of North and South Carolina unemployment is high as factories continue to close down ...
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FHA Reform
The high number of foreclosures, the demise of several large subprime lenders, the clampdown on lending to people with less than perfect credit, the fight against predatory lending practices and fraud, and the vast numbers of Adjustable Rate mortgages (ARMs) that have become unaffordable has ...
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