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foreclosure: Stop Foreclosure! We Buy Houses Cash! Close in 7 Days! - 04/20/07 09:08 AM
You've seen those signs, I know you have. And if you are one of the millions of people across the country having trouble making the payments on your home or are already facing foreclosure, these signs can seem like the answer to all of your prayers.
But people in this situation tend to be very vunerable to shady characters that don't care at all about the homeowner...they only care about their own bottom line.
I totally understand the real estate investor's bottom-line mentality. They invest money to make a profit and that's fine. What I have a serious problem with is … (19 comments)

foreclosure: Really tough spot - any advice welcome - 04/14/07 10:45 AM
So, I have some friends in Northern Virginia that bought their new construction condo in September 2005. They paid $373K (full appraised value) and got a 2 year, interest-only ARM (I did NOT do their original loan...I was new in the business and they got a "better deal" with the builder's lender). Well, as those of you up in NOVA no doubt know, the condo market up there sucks right now.
My friends need to refinance to get out of their ARM, which will start to adjust later this year. Of course, they haven't done great things w/ their credit since … (5 comments)

 

Ian Fregin

Virginia Beach, VA

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