Even at a bargain basement deal no one wants to buy the home of Earl Bradley, a pedophile pediatrician sentenced for sexually abusing some of his young patients. This may also mean a turning point for bankers who think that it may easy to unload homes of criminals using reduced market rates to attract [Read More →]
Foreclosures among reality celebrities is just as real as real people. Yet again infamous mom Nadya Suleman to 14 children most known as Octomom has avoided her second foreclosure sale date. Octomom lives in a posh Orange County community in a four-bedroom, three-bathroom house. Which still might get a little crowed with 14 kids. The [Read More →]
Bank of America made a big announcement that they will reduce principal reductions for 200,000 homeowners. This means that homeowners who are eligible can have the principal amount owed on their mortgage loan reduced! Making it faster for the loan to be paid off and easier to grant a better interest rate on the reduced [Read More →]
As the economy continues to gloom all may not be doom. In fact for those in the market to buy foreclosure homes right now is the perfect time to score good deals. Some areas for buying home foreclosures are better than others. For those investors and home buyers wanting to cash in on some big [Read More →]
A Deed-in-Lieu of Foreclosure presents an option for homeowners who feel that foreclosure alternatives can not be reach. For example the homeowner is unable to receive a loan modification. In order to qualify for a loan modification the homeowner must have employment or can show income to qualify for a loan modification. Many times [Read More →]
