|
|
|
Short Sale and Foreclosures
|
Distress Homes in default
Not all homes that go into default go all the way through to foreclosure. Many sell before the default is finalized (meaning foreclosed upon). Homebuyers and investors are attracted to short sales and foreclosures because they want to buy a home way below market value.
Distressed sales are complicated and it can be time consuming. Both sellers and buyers should seek legal advice with an attorney who is qualified in the short sale and foreclosure arena.
|
-
|
Chicago, IL - If you have had a loan or have a loan with Countrywide Financial Corp., the Illnois State's Attorney's office is encouraging, but I'm asking you, to please review your loan documents now. Lisa Madigan, the Illinois State's...
|
-
|
Help is available for homeowners at risk of losing their homes. The City of Chicago's Housing Department has scheduled Borrower Outreach Days, where counselors and lenders will be on hand to provide help from 9:00 a.m. to 2:00 p.m. on Saturday, March...
|
-
|
aid to borrower: According to an article written in the Chicago SunTimes today, by Francine Knowles ..... Local and State officials who've called on lenders to do more to help homeowners facing foreclosure were joined in stance Tuesday by Federal...
|
-
|
On February 29, 2008, Stephanie Zimmermann from the Chicago Suntimes, reported this: " Run, don't walk, from these loans Here's something you definitely don't need: a company that promises to lend you money but ends up ripping you off...
|
-
|
FannieMae has added an extension to their HomeStay Initiative called HomeSaver Advance. HomeSaver Advance , is an unsecured personal loan, and is a new loss mitigation alternative for eligible borrowers designed to bring a deliquent loan current. It provides...
|
|
|
|
|