streamlined short sales: In Default on Your Mortgage? NH Foreclosure Laws in a Nutshell...Now Is The Time To Short Sale Your Home!
- 09/02/11 04:39 AM
If you are behind on the mortgage payments on your New Hampshire property and confused by all of the terms here is the New Hampshire Foreclosure Law Summary taken from http://stopforeclosure.com Quick Facts - Judicial Foreclosure Available: Yes - Non-Judicial Foreclosure Available: Yes - Primary Security Instruments: Deed of Trust, Mortgage - Timeline: Varies by Process; Typically 60 days - Right of Redemption: None - Deficiency Judgments Allowed: Yes "In New Hampshire, lenders may foreclose on a mortgage or deed of trust in default by using either the judicial or non-judicial foreclosure processes or any of the following … (0 comments)
streamlined short sales: Streamlined Short Sales Now Making Up A Greater Share Of All Distressed Sales
- 08/31/11 05:07 AM
According to RealtyTrac Inc., Foreclosure Sales, which include homes purchased after they received a notice of default or that were repossessed by lenders, accounted for 31 percent of the market in the April-June quarter. That is approximately one in every three homes that were sold in Q2 were distressed properties... "But the good news is many of these distressed sales are clearing faster, with streamlined short sales now making up a greater share of all distressed sales. Banks are getting rid of troubled loans/properties before having to go the more costly route to foreclosure!" CNBC's Real Estate Reporter, Diana Olick's stated … (1 comments)
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