preforeclosure sale: The Perfect Storm - Get ready to short sale! - 02/09/07 09:35 PM
There looms a perfect storm on the horizon, a storm that will highlight the need for realty professionals to fully understand the construct of successful preforeclosure short sale transactions. scheduled expoding ARM resets (subprime 80/20s, ARMs, interest only, etc.)the increase in minimum monthly credit card payments, and not so coincidentally, changes in … (20 comments)
preforeclosure sale: If you find a Client in financial trouble... - 02/06/07 07:28 AM
Tough times ahead? Tough times now! Personal savings are at historic lows (in the negative) while borrowing is at an all time high! Jobs, once secure, are being lost to automation and offshore employers. The minimum payment requirements for credit cards has doubled while personal bankruptcy plans are harder to get … (0 comments)
All things foreclosure: subprime & predatory lending updates, mortgage origination fraud, loan servicing errors, loss mitigation, preforeclosure sale and preforeclosure short sale transaction construct, etc.
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There looms a perfect storm on the horizon, a storm that will highlight the need for realty professionals to fully understand the construct of successful preforeclosure short sale transactions.
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