Browsing the archives for the mortgages tag
I was reading this article today in the LA Times about lenders becoming increasingly accepting of the short sale process. It mirrors what we have been saying here in this blog since November – that short sales are increasingly becoming accepted and it’s being pushed by politicians and the bank’s best interests. The reason I [...]
This post is written by guest contributor Ted Akers of Investor Funding Solutions, LLC. Please visit Investor Funding Site for more information on transactional lending. Because they will continue to be a VERY significant part of real estate investing for at least two years. It is all in the numbers, and “the numbers do not [...]
Bleak news on the state of mortgage holders this morning from CNN: NEW YORK (CNNMoney.com) — In a sign that more foreclosures could be on the horizon, 23% of people with mortgages owe more than their home is worth, according to a report released Tuesday. Almost 10.7 million U.S. mortgages were “underwater” as of September, [...]
