Leslie Fernandez
Approved Short Sale vs HOA Foreclosure Sold at Auction
Wanted to get any feedback of anyone with possible experience on anything similar to this. What if an APPROVED short sale was underway and notification failed to cancel the HOA foreclosure auction? An auction took pl...
Account Closed
Will a seller financed deal show up on buyers credit or considered on debt to income?
I am considering purchasing a seller financed home and want to know what the benefits are to the buyer (me)? I can get traditional financing through a bank but was wondering if I go the "seller financed" route would ...
Patty Barrett
foreclosed property
I found an abandoned home in foreclosure that would be a great flip. It hasn't gone to the MLS yet, but it is bank owned. How would I approach the lender to purchase it before it gets listed?
Kyler Talbot
The FDIC seized our local bank...what now?
I understand my stocks all go to zero, does it also mean my note is due? If this isn't the right place for this question, please redirect me. Thanks in advance!
Jeff Tumbarello
Ms Bair gets another
http://www.fdic.gov/bank/individual/failed/firstga.html#introduction
On December 5, 2008, First Georgia Community Bank, Jackson, GA was closed by the Georgia Department of Banking and Finance and the Federal Deposit ...
Jeff Tumbarello
the FDIC had a busy Friday
http://www.fdic.gov/news/news/press/2009/pr09006.html
Bank of Clark County, Vancouver, Washington, was closed today by the Washington Department of Financial Institutions, and the Federal Deposit Insurance Corporati...
Shafi Noss
Title Theory States and Ownership
Hi everyone, I am taking the Real estate certification course for Maryland, and ran into a question. In a title theory state (Like in D.C. Maryland and Virginia) I've heard people say the borrower still owns the home,...
Account Closed
Biggest Lesson Learned (i.e. Biggest Mistake Made)...
I am going through some analysis-paralysis and second-guessing myself, as this will be one of the biggest financial decisions my husband and I will be making - aside from buying our primary residence - which I wish we...
Stan Jackson
Scaling Back Fannie & Freddie?
This article reference trimming back Frannie & Freddie to allow the Government to get out selling mortgages.
Does that mean more risk for banks? And, if banks are allow to fail, more loan scrutiny will occur?
...
Jeff Flaherty
Tax Lien Foreclosure
I understand 95-99% of the time tax liens don't end up in foreclosure but in the event it did would the certificate purchaser be responsible for the mortgage on the property? I'm assuming so since it seems silly that ...