kihei foreclosures: Wailea Maui: Foreclosure Halt Creates Problems for Buyers
- 10/08/10 08:47 PM
The fallout from the crackdown on mortgage lenders' handling of paperwork is affecting buyers' ability to close.Distressed properties make up about a third of home sales. About half of states are particularly affected by the problem. Two factors in various states are causing numerous delays are:1. Officials in several states - including Texas, Maryland, and Connecticut - are seeking a suspension of all foreclosures until lenders prove what they are doing is legal.2. Title insurers are refusing to sell title insurance when they can't be sure there is a clean title.When will the problem be resolved? Right now, it appears to … (0 comments)
kihei foreclosures: Wailea & Kihei Maui: Give Home Owners Tips to Fight Foreclosure
- 09/07/10 04:18 PM
Many foreclosure notices don't result in actual foreclosures. Here are a few tips on what home owners facing foreclosure on Maui in Hawaii should do immediately: 1. Work with the time you have. Foreclosure can be a long slog here on Maui, which gives you time to come up with an alternative. If your goal is to salvage your home, strive to get a Loan Modification with your lender...this alone may delay the foreclosure sale date. Keep up with payments for homeowners insurance and property taxes. Otherwise, you could get hit with an uncovered casualty loss or liability suit, or tax liens. … (0 comments)
Kihei and Wailea Maui real estate for sale.
If you are thinking about taking advantage of the lower prices on Maui - be sure to contact me about Kihei and Wailea. I can help guide you in making the same move or purchasing a rental that you can use year after year.
Thinking of moving?
I relocated to Kihei Maui September 2005, I have first hand experience making the move to Kihei on Maui and can advise you as needed.
Aloha.
Jeff Graves, Realtor (S)
808-633-1292
Coldwell Banker Island Properties
34 Wailea Gateway Place, A-207
Wailea, Maui, HI 96753
The fallout from the crackdown on mortgage lenders' handling of paperwork is affecting buyers' ability to close.Distressed properties make up about a third of home sales. About half of states are particularly affected by the problem. Two factors in various states are causing numerous delays are:1. Officials in several states - including Texas, Maryland, and Connecticut - are seeking a suspension of all foreclosures until lenders prove what they are doing is legal.2. Title insurers are refusing to sell title insurance when they can't be sure there is a clean title.When will the problem be resolved? Right now, it appears to … (0 comments)
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