Foreclosure Filings Rise For 50th Straight Month
Tough weather in many states as well as loan modification programs are believed to have held down foreclosure filings in February, according to the latest report by RealtyTrac?, the leading online...
View ArticleWhat’s A Private Transfer Fee In Real Estate?
Usually when we think of a real estate sale we think that the interest of the seller ends with closing. It is, after all, called “closing” for a reason. Now, however, some sellers are trying to...
View ArticleForeclosure Rescue Victim Awarded $700,000
Like a small number of states, Maryland has a tough law to protect homeowners against what are called foreclosure consultants or foreclosure rescue consultants. The idea is that “foreclosure rescue” is...
View Article4 States Consider Use Of Faked Appraisals
It’s amazing. If you don’t like appraisal results, if you want home prices to be higher, then just change appraisal rules. That’s the theory behind a new legislative drive now taking place in several...
View ArticleMaryland Rejects Foreclosure-Free Appraisals — What About Your State?
The Maryland House of Delegates has rejected proposed legislation that would have required appraisers to value real estate without using data from foreclosures or short sales. If enacted, the...
View ArticleCan A Gay Couple Get An FHA Mortgage?
While gay couples seeking VA mortgages face significant barriers and limitations imposed by Congress, the same is not true with gay couples who wish to finance with FHA mortgages, even in states where...
View ArticleForeclosure Activity Hits Six-Year Low
Foreclosure activity hit a six-year low in April according to RealtyTrac, but while home losses were down in general they actually rose in states where foreclosure actions must go through local courts....
View ArticleMARS Rule Changing Short Sales & Mortgage Relief
It used to be that there were plenty of people who could grease the wheels if you got into mortgage trouble. Instead of a short sale or foreclosure these lovely folks — some of whom claimed government...
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RealtyTrac: Foreclosures Plummet 37% — But Not Everywhere
Foreclosures have fallen through the floor. RealtyTrac reports that November foreclosure figures were 37 percent lower than a year ago and that foreclosure starts are at a 95-month low.“While some of...
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