Hi guys, does anyone have experience with the "right of redemption" law? So what I am wondering is if a Judicial foreclosure happens and lets say the house is worth $200k. They for whatever reason let it go to somethi...

Interesting article on lenders seek court actions against homeowners years after foreclosure:

Lenders seek court actions against homeowners years after foreclosure

My brother lives in arizona, He is recently divorced and having a tough time making payments on the house they bought together, BofA and the government modification folks say they cant do anything until she signs a qu...

I relative of mine has been having financial difficulties since the fall of the Lehmen Brothers and AIG and has a property that hasn't been paid off. The bank foreclosed and auctioned the property away for $130,000.00...

I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+). SCRA protections p...

Florida foreclosures are about to change based on today's effective date of this new law, and I am finishing up a blog describing the intricacies of the law in a bit more detail. My personal opinion is that we've see...

Investment Info:

Small multi-family (2-4 units) other investment.

Brought in by previous client and asked to take over project management duties of this new construction of a 4 unit residental rental buildin...

Hypothetical scenario:
1st lien - 100k
2nd lien - 30k
market value - 180k
The property gets sold at an auction for 100k. The 2nd position is wiped out. I come to the homeowner before the redemption period is over ...

Hey BP!     Has anyone done a subject to deal where Green Tree Servicing managed the note? I have heard some less than positive things regarding this company and am cautious to take over the note. In addition, the sel...

I am interested in buying a non-performing note of a property in California that is tied up in BK and has been abandoned for several months. Ultimately I would like to foreclose and acquire the property. The former ow...