Of all distressed situations, the one th…. (el matador condominiums)
Of all distressed situations, the one that will net you the most money involves a “Triple D,” which is a doghouse (one that’s rundown, but in a desirable area), owned by sellers going through a divorce who are in default on their mortgage.
Unfinished homes allow potential buyers the chance to grow into their home along with their family.
Loss-mitt limbo
If you’re late on your mortgage payments and trying to work out a deal, you’re confronting a system that’s broken and needs fixing, according to a study that came out today.
Rates still on the rise
In Bankrate’s weekly survey, mortgage rates went up slightly, and will probably continue to rise.
Fraud and foreclosures
Fraud was rampant during the go-go years, and dishonest borrowers aren’t seeking relief for fear that they’ll land in trouble.
Freezing out brokers?
Mortgage rates have started the day by bumping against a floor of resistance. Rates have more room to rise than to fall this week.
Who to call when you’re late
Mortgage rates are up; who to call if you’re late with your mortgage payment.
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