Stunning Video About The Level Of Fraud And Why Foreclosures Are Being Halted. Is Anyone Safe?
This applies to mostly "judicial foreclosure" states (not Minnesota), but it is very good information for everyone in every state...
Althought Minnesota is not one of the 23 judicial foreclosure states, we will be impacted by the "extended review" of all Bank of America foreclosures in all 50 states.
Check out my newest blog post: MERS: Who moved my mortgage? Foreclosures halted in 23 states.
Boy or boy, if this doesn't make you angry and concerned, I don't know what will. Take a few minutes and let this information SINK IN. It appears that this Congressman ( Alan Grayson of Central Florida) is very calmly delivering a message to the American People major trouble is on the horizon. If all this is true,I can't imagine how foreclosed homeowners feel like tonight.
My question is now what????
Just a few minutes ago, I saw a comment on Facebook from Ekko Title a local Title Company reminding all REALTORS® to make sure home buyers take out Title Insurance when buying a home. The comment read:
Recent news about problems in the execution of foreclosure documents is another great reason to make sure your clients understand the benefits of Owner's Title Insurance, even if they are 2 or 3 transactions away from the foreclosure sale read more Foreclosures Slow as Document Flaws Emerge
And yet another post I just saw at 4ClosureFraud.org reads KABOOM - Fidelity National Has Told Lenders to Halt Foreclosures, and to Stop Sales
If you are facing foreclosure and receiving notices...it is time to talk to an attorney.
Tips for Home Buyers who still want to buy:for now it appears New Homes and Regular Owner Healthy Sales are the best bets when considering a home purchase. This news may help homeowners who want to sell who are not upside down. Your homes will become far more attractive to the Home Buyers who need and want to buy a home.
Call 703-851-3085 today or contact me by email
Contact Peggy James or Erick Blackwelder of Erick and Company - Exit 1st Choice Realty,14029 Crossing Place,Woodbridge Virginia 22192. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area.
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