Real estate blog entries tagged with hud by Lynnette Phillips Real Estate Consultant

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Home : Blogs : Lynnette Phillips Real Estate Consultant : Lynnette's Blog : Tag "hud"

hud: Short Sales, Quit Claim Deeds, Acceleration Clauses & Foreclosure - 08/26/08 12:14 PM

A report published by FREDDIE MAC (Federal Home Loan Mortgage Corporation) tells us that "fewer than half of homeowners contact their lenders before entering foreclosure". These homeowners are not only missing out on the assistance they might be able to receive from their lender, they more than likely do not know that are entitled to talk to a counseling agency. Others mistakenly believe that transferring title to the property will solve the problem.
Many homeowners who find themselves facing foreclosure proceedings labor under the misconception that the banks or lenders want their home; this is not true. The foreclosure will cost … (5 comments)

hud: Foreclosure Recovery Scams In Your Area - 04/19/08 03:17 PM

Recently I talked with Graciela Carvajal, Director of the San Bernardino, CA office of ACORN Housing. I asked if she had seen a rise of ‘foreclosure recovery scams’ in this area. She told me that everyday someone tells her of being approached by someone who tells them that for $1200 they can save their home.
These scam artists have been known to bilk millions of dollars in increments from $200 to $80,000 from unsuspecting desperate homeowners. The Inland Empire area with its large population of minorities and fewer resources, along with all of Southern California and the entire country, has … (22 comments)

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Lynnette Phillips Real Estate Consultant

Yucaipa, CA

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Address: Yucaipa, CA, 92399

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**The Posts and Comments contained in this blog are not intended as legal advice.**