The New York Post reports:It’s the flip side of foreclosure fraud: Not only is the city fireman in danger of losing his home, he also might wind up with smaller retirement checks because his pension invested in home-mortgage-backed bonds that were bundled and sold off by banks during the real-estate ...
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Written by Administrator on September 13th, 2011
Written by Administrator on September 10th, 2011
In Central Florida, the St. Petersburg Times reports:With foreclosures, final doesn't always mean final. Some Tampa Bay residents are still living in their homes long after the final judgment of foreclosure because banks have canceled the public auction two, three, even five times. Others have had their houses sold at ...
Written by Administrator on May 29th, 2011
In Clearwater, Florida, the St. Petersburg Times reports:A former president of a condominium association was arrested on fraud charges Friday after police said she swindled nearly $ 300,000 by trying to sell condos that were in foreclosure or off the market.Barbara Lockett, 49, a licensed real estate broker, is ...
Written by Administrator on May 9th, 2011
The Detroit Free Press reports:Local Realtors say title companies are canceling closings on some bank-owned homes after a recent Michigan Court of Appeals decision made it more risky to insure them. Late last month, the court ruled the Mortgage Electronic Registration System lacks authority to foreclose by advertisement in Michigan.(1) ...
Written by Administrator on February 6th, 2011
The following facts are taken from a recent ruling from a Florida appeals court:For reasons unspecified in the ruling, Husband (hereinafter referred to as "Hubby") & Wife are desirous of terminating a presumably unsatisfactory, unfulfilling marriage.The couple own a home with an approximate fair market value set at $ ...
Written by Administrator on January 19th, 2011
What is a Short Sale? Whom Should I Hire To Negotiate a Short Sale With My Lender?
A short sale describes the process of negotiating with your lender to get them to accept less than they are owed for your property. A short ...
Written by Administrator on January 15th, 2011
Competing with Lender owned and short sales in today's Real Estate Market
If you are a "Traditional" Seller trying to sell a home in the Phoenix Arizona area, you already know that this an extremely challenging time. So what can a "Traditional" Seller ...
