foreclosures pinehurst nc: North Carolina Establishes Foreclosure Rules...
- 03/22/10 01:00 PM
Recently state regulators ruled that once a homeowner asks for a loan modification, any foreclosure actions must be halted. Now, lenders pursue foreclosures at the same time they're working with homeowners to make their loan payments more manageable. That puts homeowners up against the clock. "We believe that the mortgage industry has failed to prevent as many foreclosures as they could have, and that there are some significant flaws in the system," said Mark Pearce, deputy commissioner of banks. "We think the new rules that we adopted ... will help homeowners have a better chance of avoiding foreclosure when they have … (0 comments)
foreclosures pinehurst nc: Obama Considers Halting All Home Foreclosures...
- 02/27/10 04:41 AM
President Barack Obama reportedly is considering stopping all home foreclosures unless they have been rejected by the administration's struggling $75 billion mortgage assistance program.The move comes as Republicans take aim at Obama's mortgage assistance program. Republicans argue the effort is making the economic crisis worse and say many homeowners would be better off as renters. Continue reading here and tell us what you think! For information about the Pinehurst - Southern Pines - Aberdeen, North Carolina area contact us for a free relocation report and search the Pinehurst Southern Pines MLS for all available properties matching your criteria. Thank you for your … (7 comments)
foreclosures pinehurst nc: Foreclosures in Pinehurst NC - Southern Pines NC REO Properties
- 02/20/10 05:58 AM
Foreclosure properties generally appeal to two types of buyers... Those who are eager to stretch their dollars buying power. Investors who intend to fix and flip or rent the property. Finding suitable Pinehurst Southern Pines NC foreclosure properties can be a challenge, especially when one considers community sign restrictions, which prohibit any signage other then that which accompanies a traditional sale. And many of the communities forbid any signage. What You Need To Know... When competing against an investor for a Pinehurst Southern Pines NC foreclosure property, conventional buyers are at a disadvantage because investors are paying with cash and therefore … (0 comments)
We’re NC real estate brokers and members of “The” Pinehurst Home Team. For nearly two decades we have served the needs of buyers and sellers of single and multifamily properties and offer a friendly, consultative approach to client’s real estate and relocation endeavors. Whether visiting or considering relocation, we encourage you to visit our websites and contact us for more information about the greater Pinehurst North Carolina area and the unparalleled quality of life the area offers.
Recently state regulators ruled that once a homeowner asks for a loan modification, any foreclosure actions must be halted. Now, lenders pursue foreclosures at the same time they're working with homeowners to make their loan payments more manageable. That puts homeowners up against the clock. "We believe that the mortgage industry has failed to prevent as many foreclosures as they could have, and that there are some significant flaws in the system," said Mark Pearce, deputy commissioner of banks. "We think the new rules that we adopted ... will help homeowners have a better chance of avoiding foreclosure when they have … (0 comments)
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