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Report Sheds Light on Why Homeowners Walk Away
When do borrowers walk away from their homes? More often, it’s when the bank can’t go after them. A new study shows that mortgage defaults are higher in states where banks can’t pursue a defaulted borrowers’ assets in court, suggesting
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Posted
Friday, October 23, 2009 11:25 AM
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Chaim Gleitmann CIPS
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Can You Save Money At A Foreclosure Auction?
In the last year and a half foreclosures in the United States have been commonplace. Banks and mortgage lenders have many properties they must sell to recoup their loans . At foreclosure auctions, houses often sell for a fraction of their market value
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Posted
Sunday, October 18, 2009 10:46 AM
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Chaim Gleitmann CIPS
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How to Buy Foreclosures
Foreclosures occur when previous owners default on the mortgage payments and the property gets repossessed by the lien holder. These days, you will find many foreclosed homes and properties available for purchase in your area. This is a good thing for
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Posted
Wednesday, October 14, 2009 12:43 PM
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Chaim Gleitmann CIPS
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Don’t Miss These Bad Credit Mortgage Facts
Basically, a bad credit mortgage is quite the same as a standard mortgage. The lender loans you an agreed amount of money and you have to pay it back with an agreed rate of interest added. When you want a site on best mortgage deals you can find it here.
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Posted
Tuesday, October 13, 2009 11:29 AM
by
Chaim Gleitmann CIPS
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