Tag Archives: foreclosure

New York Foreclosures | Am I Liable For A Deficiency Judgment After A Short-sale?

It can be an unexpected surprise for anyone who have sold their house through a short sale where the lender agreed to sell the house for less than the mortgage owed. Vanessa Corey who achieved a short-sale on her Fredericksburg, VA property in 2008 is a true story. Years after she had completed construction to her home in 2004, tragedy struck leading to a legal divorce with her husband and the    .. more …

New York Foreclosures | Understanding How Robo-signing Led To The Foreclosure Freeze

The assertions against these finance institutions were that they skirted the judicial process in states that required a judicial review of foreclosures. This means that creditors and their legal representatives had to certify that the records presented were correct and had been verified before being sent through the legal system for foreclosure. It was discovered that instead of actually reading    .. more …

New York State Foreclosure | Free Foreclosure Listing – Favorite Tool Of The Pros

A free foreclosure list such as this is popular amongst people who are passionate about real estate. A list can be important and crucial to people who are passively interested in real estate as well. People who simply want to learn more about housing and housing investments there needs to be a lot of focus on these kind of lists.Hector Milla Editor of the “Best Free Foreclosure Listings” website    .. more …

New York State Foreclosure | Homeowners – What You Need To Know About Foreclosures

Are you a homeowner who is facing foreclosure? Even if you aren’t facing foreclosure yet, are you suffering from financial difficulties that may result in it? If so, now is the time to familiarize yourself with the process. Foreclosure can be scary for homeowners, but you can protect yourself by knowing what will happen, what you can do, and what your rights are.Mortgage lenders, which are often    .. more …

New York State Foreclosure | Property-Owning Firms Hit By Foreclosure Filings

One mortgage lender already filed for a foreclosure for another two companies that own single-city apartments under the management of Connolly Properties Inc., making these the 11th and 12th of these properties to actually be cited like this within the last several months. The community bank of New York has filed documents over to the superior court of the state in Elizabeth for Green Brook,    .. more …

New York State Foreclosure | What Are Your Redemption Rights In Foreclosure?

Redemption rights in foreclosure actually only come after the homeowner’s property is lost through a foreclosure sale or action. Once the home has been lost, some states allow the homeowner the right to “reclaim” his home for varying periods.Because of the power the banks have for foreclosing, some states decided that that homeowners should likewise have the right to reclaim their home if their    .. more …

New York State Foreclosure | California-Based Legal Firm Offers Protection Against Foreclosure

Mesa Law Group, a law firm based in Costa Mesa, California is offering another option for troubled homeowners who are considering filing for loan modification, short sale, or bankruptcy to strategically postpone or prolong a foreclosure action. The firm introduces its Foreclosure Defense Program, which is especially provided to clients in ‘Trustee States’ (states where judicial review is not made    .. more …

New York State Foreclosure | Foreclosure – The Judiciary Can No Longer Turn A Blind Eye

In Maryland State a new rule has authorized judges to engage experts to scrutinize foreclosure documents. It has also been ordered that lawyers representing the lenders would have to swear to the authenticity of the papers being submitted in court.The chief judge in New York State issued an order along similar lines mandating that the attorneys of the mortgage firms would have to sign affidavits    .. more …

New York State Foreclosure | Homes Within Foreclosure Listings In Houston, TX Get Cheaper In November

The Real Estate market in Houston, Texas, shows signs that it would still take longer for it to rebound and recover from a housing downturn. However, there is good news to homebuyers who are looking at available homes at foreclosure listings in Houston, TX . Foreclosures in the area slowed down in November. At the same time, prices were made irresistibly attractive to lure strategic home investors    .. more …

New York State Foreclosure | Los Angeles Foreclosures ” Makes Best Bargains Possible

With the increasing rate of foreclosures nationwide including Los Angeles ” the largest city of California is attracting homebuyers and real estate investors to pour their money to buy them. Los Angeles foreclosures occur in the situation where lender repossesses the mortgage property and then sells it to recover the default loan.But before sailing the boat into Los Angeles foreclosures one should    .. more …