http://money.cnn.com/2011/10/24/real_estate/housing_refinance/

Several changes are being made to the Home Affordable Refinance Program (HARP). Owners who were previously FAR under water *might* be able to get their ...

I received a call from a client who has a 2 bedroom 1 bath condo in Bladensburg, MD. They have a renter in the place who has not paid the rent for a little over a year. They are underwater and would like to know if ...

hello guys,

Sorry for such a rookie post. I did google around and didn't find too much help so I thought I would ask here. My parents home will be a short sale pretty soon. Is it possible for me to purchase the ho...

I don't get it- there's over 4 million properties that are over 90 days late or in pre-forclosure (source: doctorhousingbubble.com)

Wouldn't banks _love_ to get these properties moved? (or not? And why?) I understan...

Has anyone done a L/O on underwater property?

How does this sound:

If lessee/buyer/tenant exercises option, make the sale contingent on bank approval of short sale. If the s...

Hi, one of my neighbors is in pre-foreclosure and I would like to attempt to help them save the effects of going into foreclosure. I also have a buyer who would be interested in buying the house. What should I put on ...

Can a lender typically foreclose on a single mortgage property when it goes underwater, if the payments are kept up to date? In this example, lets say the mortgage is for $500K and the property was $700K and is now wo...

I'm a new member, just days old to this site, not sure I'm posting to the most appropriate forum. Friends praise this site, I'm seeing why!
I've read lots of rent vs sell topics, some applied to me, some not.
I live...

Hi BPers, I recently bought a foreclosed property and while rehabbing it, realized that the next door house was vacant. Upon some investigation I found that it was underwater (mtg owed $400k; house is worth about $225...

Hello, I'm looking for some advise on what to do. In 2006 my wife and I purchased our first home in Lansing, MI. Honestly, I believe we overpaid unfortunately, and it cost us $107,000. We had an FHA loan with no down ...