notice of default: SHORT SALE Q & A ORANGE COUNTY SHORT SALE SPECIALIST
- 03/31/17 07:10 PM
Brought to you by the Queen of Short Sales Short Sale Q & A Q: What is a Short Sale? A: A Short Sale transaction occurs when the lenders are paid a negotiated amount that is less than the actual principal balance owed. Q: Why are the Banks Accepting Short Sales? A: In a foreclosure, the lender incurs legal fees and may not take possession of the home for several months. When the lender takes possession, the condition is unknown, and the home will have to be sold regardless.
Q: How are the Selling Costs Paid? A: In a successful Short Sale transaction the selling costs are absorbed by the lender.
Q: … (1 comments)
notice of default: BANK OF AMERICA HALTS FORECLOSURES IN ALL 50 STATES - ORANGE COUNTY FORECLOSURE SPECIALIST
- 10/10/10 07:03 AM
UPDATE: Senate Majority Leader Harry Reid (D-Nev.) supports Bank of America's decision to halt foreclosures across the nation, according to a release. "I thank Bank of America for doing the right thing," he said in a statement, calling on other lenders to follow the bank's lead and expand their foreclosure moratoriums. Bank of America will stop foreclosures in all 50 U.S. states, CNBC and the Wall Street Journal report. Last week the bank, the country's biggest by assets, announced it was halting foreclosures in the 23 states where foreclosures are processed in court, saying it needed to review foreclosure documents for … (4 comments)
IRVINE HOMES FOR SALE, GREAT PARK NEIGHBORHOODS, IRVINE NEW HOMES FOR SALE, LAGUNA ALTURA, QUAIL HILL, OAK CREEK, WEST IRVINE, ORANGE COUNTY UPDATES, IRVINE REAL ESTATE
Brought to you by the Queen of Short Sales Short Sale Q & A Q: What is a Short Sale?
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