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Foreclosure News
- Foreclosures made up 20 pct. of home sales in 3QForeclosures made up 20 pct. of home sales in 3Q By Alex Viega, The Associated Press, January 26, 2012 LOS ANGELES — Foreclosures made up a smaller slice of all U.S. homes sold in last year's third quarter, as banks delayed placing properties...(read more) […]
- RealtyTrac: Several economists missed the mark with 2011 projectionsRealtyTrac: Several economists missed the mark with 2011 projections By Kerri Panchuck, HousingWire, January 24, 2012 Every new year brings predictions on how the economy is expected to fare, especially in terms of home sales, prices and gross domestic...(read more) […]
- Bank Foreclosure Deal Reviewed by States as Delaware Drops OutBank Foreclosure Deal Reviewed by States as Delaware Drops Out By David McLaughlin, Bloomberg, January 24, 2012 State attorneys general reviewed a proposed settlement with banks over foreclosure and mortgage- servicing practices that negotiators are pressing...(read more) […]
- Foreclosures: America's hardest hit neighborhoodsForeclosures: America's hardest hit neighborhoods By Les Christie, CNNMoney, January 23, 2012 NEW YORK — The housing collapse has dramatically changed the nation's foreclosure landscape. Bill Designed To Help Homeowners Facing Foreclosure...(read more) […]
- Spread Favors 49ers In the Foreclosure BowlSuper Bowl XLVI Analysis: Spread Favors 49ers In the Foreclosure Bowl By Joel Cone Staff Writer It took 17 weeks of regular season play to determine the four playoff teams fighting it out in the NFL postseason for the right of passage to what is likely...(read more) […]
This program allows homeowners that are behind on their mortgage payments to sell their property for enough to payoff their mortgage in full. Even if they currently owe more than their house is worth.
- No deficiency.
- No need to bring money to close.
- No forgiveness of debt.
- No foreclosure.
- No taxable event.
- No Sheriff Sale at the courthouse steps.
- No further damage to your credit.
No brainer, if you ask me.