Foreclosure Myths

Foreclosure Myths PDF Author: Ralph R. Roberts
Publisher: John Wiley & Sons
ISBN: 0470392576
Category : Business & Economics
Languages : en
Pages : 221

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Book Description
Learn the whole truth about foreclosures and discover some real bargains with the myth-busting information in Foreclosure Myths: 77 Secrets to Saving Thousands on Distressed Properties!. Find out the truth about seventy-seven persistent myths that prevent would-be homeowners and real estate investors from taking advantage of tremendous profit potential. Understand how to find, evaluate, and buy foreclosure properties at a discount, including how you can use other people's money to finance your investments through firsthand stories from top industry professionals and handy resources like government foreclosure guidelines.

Foreclosure Myths

Foreclosure Myths PDF Author: Ralph R. Roberts
Publisher: John Wiley & Sons
ISBN: 0470392576
Category : Business & Economics
Languages : en
Pages : 221

Get Book

Book Description
Learn the whole truth about foreclosures and discover some real bargains with the myth-busting information in Foreclosure Myths: 77 Secrets to Saving Thousands on Distressed Properties!. Find out the truth about seventy-seven persistent myths that prevent would-be homeowners and real estate investors from taking advantage of tremendous profit potential. Understand how to find, evaluate, and buy foreclosure properties at a discount, including how you can use other people's money to finance your investments through firsthand stories from top industry professionals and handy resources like government foreclosure guidelines.

The Complete Guide to Preventing Foreclosure on Your Home

The Complete Guide to Preventing Foreclosure on Your Home PDF Author: Martha Maeda
Publisher: Atlantic Publishing Company
ISBN: 1601382308
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
This guide provides you with strategies for getting legal advice, keeping current on your mortgage payments, negotiating temporary delays in payments, restructuring loans, refinancing, filing for bankruptcy, and creating and sticking to a budget. You will learn about debt counselling and income maintenance, tax abatement, and public assistance programs. This book also provides details on the March 2010 modifications to the Home Affordable Modification Program (HAMP) and to the Federal Housing Administration (FHA) programs offered by the federal government to assist homeowners who have been affected by the economic crisis through no fault of their own. In addition, this book will show you how to decide if your property is worth saving, how to figure out how much time you have to act, how to use the courts to stop foreclosure, how to decide whether bankruptcy is your best option, and how to use your military status to prevent foreclosure. You will also learn about foreclosure rescue scams, non-judicial foreclosure, judicial foreclosure, and notice of default. Also included is an explanation of the alternatives to foreclosure, such as special forbearance, mortgage modification, partial claim, pre-foreclosure, and deed-in-lieu of foreclosure. With foreclosures on the rise, it makes sense to know how to protect your home. The guide also provides you with tips, tricks, strategies, and secrets to prevent your home s foreclosure now before it is too late.

Foreclosure Problems and Solutions

Foreclosure Problems and Solutions PDF Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 544

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Book Description


The Foreclosure of America

The Foreclosure of America PDF Author: Adam Michaelson
Publisher: Penguin
ISBN: 1440661936
Category : Business & Economics
Languages : en
Pages : 372

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Book Description
Now in paperback-an inside look at Countrywide Home Loans and the mortgage crisis, from a former mortgage lender executive. In July 2004, Adam Michaelson attended a high-level meeting at Countrywide Financial headquarters about a new loan product that would allow borrowers to pay less than their minimum monthly payment. The "finance jocks" believed that the booming housing market would only get bigger, supporting homeowners in a cycle of borrowing against their houses and refinancing later. They were wrong. And when the bottom dropped out, Countrywide suffered the consequences-as did millions of Americans. With an insider's knowledge and thorough reporting on the impact on American families and the ripple effects on the economy, Michaelson examines the marketing of a mirage and the bad business decisions that destroyed a company, confronts the ethical questions that have arisen in the wake of the foreclosure crisis, and offers creative proposals to prevent such a meltdown from ever happening again.

The Complete Idiot's Guide to Buying Foreclosures, Second Edition

The Complete Idiot's Guide to Buying Foreclosures, Second Edition PDF Author: Bobbi Dempsey
Publisher: Penguin
ISBN: 1436258731
Category : Business & Economics
Languages : en
Pages : 385

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Book Description
One person's loss is another person's gain. This invaluable guide explains everything readers need to know about finding and financing foreclosed and soon-to-be foreclosed residential properties with the highest potential return. Completely updated, this new edition reflects recent changes in the way banks and the government dispose of foreclosed properties, covers new laws, and advises how to steer clear of scams. ? First edition sold more than 30,000 copies in a year and a half ? The national residential foreclosure rate rose to from .75% to 1.16% (of all mortgages) by the end of 2006-the biggest jump in 30 years ? Foreclosures are expected to continue to increase as interest rates rise and monthly payments on short-term variable rate and interest-only loans make homes unaffordable

Housing Management, Foreclosures, and Abandonments

Housing Management, Foreclosures, and Abandonments PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Abandonment of property
Languages : en
Pages : 280

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Book Description


Housing Managment, Foreclosures and Abandonments. Hearing Before ..., 94-1 ..., Chicago, July 14, 1975

Housing Managment, Foreclosures and Abandonments. Hearing Before ..., 94-1 ..., Chicago, July 14, 1975 PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category :
Languages : en
Pages : 288

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Book Description


The Pre-Foreclosure Property Investor's Kit

The Pre-Foreclosure Property Investor's Kit PDF Author: Thomas Lucier
Publisher: John Wiley & Sons
ISBN: 0471717398
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
Pre-foreclosure real estate is one of the hottest investment opportunities on the market. The Pre-Foreclosure Property Investor?s Kit offers step-by-step instruction and no-nonsense advice on how to find great deals, estimate fair market value, negotiate with sellers, sell your property on your own, and win big in real estate. You?ll learn how to get the best deals on foreclosure properties before they go to auction and utilize simple ready-made worksheets, checklists, forms, and agreements that make getting started easy. Even people of modest means can get into pre-foreclosure investing—all it takes is a little hard work, persistence, and the tools you?ll find in this handy guide.

The Foreclosures.com Guide to Making Huge Profits Investing in Pre-Foreclosures Without Selling Your Soul

The Foreclosures.com Guide to Making Huge Profits Investing in Pre-Foreclosures Without Selling Your Soul PDF Author: Alexis McGee
Publisher: John Wiley & Sons
ISBN: 9780470192559
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
Make Money and Help Your Community at the Same Time "This book shows you the most powerful, practical system ever discovered to make money buying pre-foreclosures. If you follow its advice, it could make you rich." --Brian Tracy, bestselling author of The Psychology of Achievement "What great content and a fresh approach to the business of foreclosure investing. Alexis has it right--believe in yourself and what you do, be open and honest with others, and work hard. You'll make a great living and enjoy life along the way." --Barbara Corcoran, founder of the Corcoran Group and bestselling author of If You Don't Have Big Breasts, Put Ribbons on Your Pigtails: And Other Lessons I Learned from My Mom "This book shares with readers the right and moral way to invest in pre-foreclosures. Author Alexis McGee shows you that you can help homeowners and make a profit. This book is a must for all real estate investors, whether you are working on your first deal or your twentieth!" --Diane Kennedy, bestselling author of Loopholes of the Rich and coauthor of The Maui Millionaires "Want to make money the honest way? Read Alexis McGee's great ideas on real estate foreclosures, and you'll have acces to a wealth of know-how, experience, and years of success. You'll learn from people who have done it--not just ideas, but stuff that works in the real world." --Ron Willingham, author of The Inner Game of Selling and Integrity Selling for the 21st Century

The Story Behind the Mortgage and Housing Meltdown

The Story Behind the Mortgage and Housing Meltdown PDF Author: Kenneth Clark
Publisher: AuthorHouse
ISBN: 1452054363
Category : Fiction
Languages : en
Pages : 181

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Book Description
Born in Washington, DC, Ken Clark grew up the oldest of 6 children to Richard and Mary Clark. His parents had several entrepreneurial ventures, including real estate and restaurants, where Ken and his siblings worked as children. After graduating, Ken set off to California to open and run a Nutrition shop. In 1979, he came back to the East Coast to join his father in his first mortgage company venture. After buying out his father and adding a Virginia state chartered bank to his lending portfolio, he grew Sentry Mortgage Bankers while maintaining a small broker shop called First Guaranty Mortgage. After selling Sentry, the time was return to turn First Guaranty into a national lender and in 1995 set up its headquarters in Tysons Corner, VA. Now with licenses in 44 states and relationships with Fannie Mae, Ginnie Mae, HUD and the Veterans Administration, Ken is able to help folks around the country stay in their homes and improve their financial situations. He takes great price in accomplishing this goal and looks forward to the time when the American Dream of home ownership is a reality again for every person in this country. During this period of uncertainty with mortgages and housing, Ken along with a large group of employees that work with him, spend numerous hours working daily to create, change and come up with ideas that help people that are caught in a mortgage and housing debacle that certainly he after 30 years in the business and most people living today have never seen. He has vowed that regardless of what the Government does for banks and the enormous advantage they have with our money as deposits, he will survive, move forward and keep FHA, a company that was created to help the underserved and young military families after World War I, and anybody that needed somebody to show compassion and the willingness to see the person as a whole. Kens underwriting style which has proven to certainly be with FHA one of the best in the country. He does not look at the persons past credit only but rather that along with his future belief in their ability to make a payment, the one lender that wants and believes that people are basically good and that delinquencies are basically extenuating circumstances.