They want to see an honest effort to sell the home first...then if no offers received the price gets dropped and eventually gets to the point where it is in short sale.Just because the home is listed with an agent doesn't mean you can't negotiate the sale.

You do NOT get to live rent free from the moment that the landlord receives his first notice of foreclosure.

Hello i just received my E & O and i paid about 800.00 in Chicago but i never had it before

If financing takes longer than 60 days, then they become the sole beneficiary of a large trust acct. which is housed at that bank which they can invest how they wish and receive the interest from this acct.

We received a call from his realtor saying that there he has a pre-payment penalty on his loan and that he has nowhere to live (his house has been on the market for 7 months and he didn't consider all this?...

He had been evicted twice and had 3 full pages of criminal history including receiving stolen property, theft, domestic violence, etc, etc, etc.Obviously, I wouldn't accept this person as a tenant.

The record companies and artists would not receive any compensation for the sales.

Usually (the biggest reason people went into default) people choose from the ARM pick a payment plan and got themselves in asticky situation. here is how the loan works and how it looks for the most part when you receive your bill in the mail.

We have been able to negotiate with several local banks to receive their REOs on homes and land.

Cash Out loans are those where the borrower receives any significant funds from that loan closing.