Foreclosures
Subprime Borrowers Get a Deal, Investors Get Ripped Off
The combination of sliding housing prices and rising defaults has created a tough market for homeowners. Loan servicers, lenders and investors who own mortgage-backed securities have come under pressure recently form consumer groups and lawmakers who want to find ways to help subprime borrowers stay in their homes. Around 1.8 million such subprime borrowers will […]
Popularity: 11% [?]
24Jan2008 | Justin Kuepper | 0 comments | ContinuedForeclosures and The Durrett Rule
Many real estate investors find foreclosures by approaching people in financial hardship and offering to take care of their mortgage payments and assume any debts through a subject-to deal. These strategies can help you obtain a house for almost nothing, fix it up with improvements, and rent it out for more than enough to cover […]
Popularity: 9% [?]
15Jan2008 | Justin Kuepper | 0 comments | ContinuedWhat is a Foreclosure?
Many people finance a substantial portion of their house with mortgage loans. These mortgages can range from 80 to 100 percent of a home and is typically repaid over a 15 to 30 year period. Sometimes people fall behind on their monthly mortgage payments in which case the bank has the option of calling in […]
Popularity: 11% [?]
9Jan2008 | Justin Kuepper | 0 comments | ContinuedHow to Stop a Foreclosure
Foreclosure is a scary proposition for many that are facing unmanageable debts. There are many options, however, that can stop a foreclosure and help you get back on your feet. These include reinstating the loan, forbearance, loan modification, mortgage refinancing, sale of the property, deed in lieu of foreclosure, or filing for bankruptcy. There are […]
Popularity: 11% [?]
28Dec2007 | Justin Kuepper | 0 comments | ContinuedSubprime Bailout Ineffective for Many
Many troubled borrowers are finding that the government’s subprime bailout program is difficult to partake in and mired in red tape. The new program is designed to help troubled subprime borrowers with adjustable rate mortgages due to reset negotiate a lower interest rate during the reset. In the end, over 2 million adjustable rate subprime […]
Popularity: 13% [?]
24Dec2007 | Justin Kuepper | 0 comments | ContinuedFed’s Move was the Right One
The decision by the United States to get involved with the mortgage crisis has drawn some sharp criticism by skeptics claiming that it is an ineffective and biased solution. The new rules would work to curb the kinds of high-risk mortgages that are credited with causing the mortgage meltdown, but would bail out millions of […]
Popularity: 16% [?]
21Dec2007 | Justin Kuepper | 0 comments | ContinuedHow to Find Foreclosures
The residential real estate market may be suffering, but there are still many great opportunities or profit. Foreclosures remain one of the most profitable opportunities in any market and the number available to choose from are about to greatly increase! So, where can you find these foreclosure opportunities so you can take advantage of a […]
Popularity: 17% [?]
20Dec2007 | Justin Kuepper | 0 comments | ContinuedSubject To Financing Explained
“Subject To” – or sub2 – deals involve having a seller deed the property to you while leaving the existing mortgage in place. There is no formal assumption of the loan; you just start making the payments. This strategy is so profitable because homeowners are often table to obtain much better credit terms than real […]
Popularity: 32% [?]
14Dec2007 | Justin Kuepper | 0 comments | ContinuedUS Commercial Market Full of Deals
The combination of a weak dollar and a softening commercial real estate market is creating opportunities for many foreign real estate investors to come in and buy up properties on the cheap. Many are speculating that a large amount of property is going to get reshuffled in the United States over the next few years. […]
Popularity: 8% [?]
12Dec2007 | Justin Kuepper | 0 comments | ContinuedBush’s New Subprime Plan
The Bush Administration recently unveiled a plan aimed at helping more than a million struggling homeowners meet their mortgage payments in order to curb the subprime meltdown that has been dragging down the U.S. economy. The deal is aimed at helping about 1.2 million homeowners who are likely to face trouble after their subprime ARM […]
Popularity: 10% [?]
11Dec2007 | Justin Kuepper | 0 comments | Continued
