Real Estate News for 6/28/2011

People who have homes that are going into foreclosure have enough things to consider. Once they are forced to vacate their properties they then need to address any tax issues they may be facing. To determine any tax issues, … Recourse mortgages allow the lender to pursue any deficiency balance against the borrower. Many states have enacted laws (anti-deficiency statutes) that can protect certain borrowers. Mortgages are nonrecourse if the real property is the only … — Tue, 28 Jun 2011 03:59:15 -0700

Mortgage Fraud Blog is the premier website for news and information on mortgage fraud and real estate fraud throughout the United States. Rachel Dollar Picture Rachel Dollar, the editor of Mortgage Fraud Blog, is an attorney and Certified … James and Wendy Ober, Hudson, Wisconsin, Raul Burgos Pliego, Farmington, Minnesota, and Alejandro (Alex) Sanchez aka Silverio Alejandro Sanchez Cruz, Bloomington, Minnesota, were charged with racketeering in a scheme that lasted from … — Tue, 28 Jun 2011 02:38:22 -0700

Enumerated are the 5 most popular reasons why mortgage applications get denied. A few of them even at the last stage if you end up all prepared to relocate into your new house. Avoid these five errors and you will have higher chances of getting your … One of the first things the lender will do when you submit your loan request is to verify your credit scores. You credit standing is well accessible to lenders on request when you have submitted an application to them. … — Tue, 28 Jun 2011 02:32:43 -0700

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