Most Recent Articles For: Reasons

Written by Administrator on February 12th, 2012
From Naked Capital blogger Yves Smith:As readers likely know by now, 49 of 50 states have agreed to join the so-called mortgage settlement, with Oklahoma the lone refusenik. Although the fine points are still being hammered out, various news outlets (New York Times, Financial Times, Wall Street Journal) have details, ...
Written by Administrator on March 31st, 2011
In Colorado Springs, Colorado, KKTV Channel 11 reports:Dozens of families living in the Express Inn could soon be forced back out on the streets if the hotel can't get the funds to make repairs and/or avoid foreclosure. The hotel, [...] became a half-way house of sorts for homeless in the ...
Written by Administrator on February 2nd, 2011
Reasons to Invest in Short Sales Short sales occur when home-owners default on their mortgage, and the bank and the owner consent to sell the home at a discounted price, even though the outstanding balance of the mortgage may exceed the proceeds of ...
Written by Administrator on January 27th, 2011
Reasons Banks Reject Short Sale Offers Often times an agent will list a home as a potential short sale and state the asking price too low. A short sale list price normally has no connection to the actual price a bank ...
Written by Administrator on December 18th, 2010
Selling Real Estate in Phoenix - Reasons You Should Consider a Short Sale When you are looking to sell a home in the Phoenix Arizona area, you may want to consider contacting a reputable realtor to learn about the benefits of a short ...
Written by Administrator on November 22nd, 2010
Reasons Short Sales Fail To Close Reasons short sales fail to close A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property ...
Written by Administrator on November 15th, 2010
Question by Where's my scooby snack?: What reasons would a mortgage company have for calling a loan? Is it the mortgage company or the bank that calls the loan? What reasons would they have for doing so? Best answer: Answer by Take Dead Aimtypically, not always, mortgages are 'committed financing', which means that as ...