From the daily archives:

Saturday, June 13, 2009

Mortgage Foreclosure – The Family Farm

by Tony on June 13, 2009

A look at the Crosby Mint Farm in St. Johns, MI, and how the foreclosure crisis is hurting them. Senate Bill 1306 would establish a moratorium on foreclosures and save this farm. The sponsor of this legislation is Senator Hansen Clarke.

{ Comments on this entry are closed }

Read the full article...

Miami International Merchandise Mart faces foreclosure – Bizjournals.com

Miami International Merchandise Mart faces foreclosure
Bizjournals.com, NC
Miami-based Republic Federal Bank has filed a foreclosure action against the owner of the Miami International Merchandise Mart, South Florida's largest wholesale trading center. The $7.6 million foreclosure action was filed on June 3 against
Florida City acreage faces foreclosure Bizjournals.com
all 6 news articles

{ Comments on this entry are closed }

Read the full article...

How Does Shorting On A Foreclosure Work?

by admin on June 13, 2009

Can you explain the process of shorting on a foreclosure? How do the negotiations work with the lien holders? What would be a normal offer for a foreclosure property (as a percent of retail value)? Thanks, first best answer gets my ten points.

{ Comments on this entry are closed }

Read the full article...

For Builders, Foreclosures Turn Appraisals Into Nail-Biter – Wall Street Journal

For Builders, Foreclosures Turn Appraisals Into Nail-Biter
Wall Street Journal
By Dawn Wotapka Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–For home builders, foreclosures and distressed sales remain a problem even after they are sold. They become comparable sales to gauge value, reflecting decreased market values,

{ Comments on this entry are closed }

Read the full article...

Protect Yourself From Mortgage Fraud

by Tony on June 13, 2009

In this new web commercial from Freddie Mac, learn to spot a foreclosure scam and find out how to avoid becoming victim to home foreclosure fraud. (Follow this link for a Spanish version: www.youtube.com/watch?v=qQQJ6unRYaY) … freddie mac mortgage fraud foreclosure scam

{ Comments on this entry are closed }

Read the full article...

Lakeshore Landing apartments face foreclosure – Bizjournals.com

Lakeshore Landing apartments face foreclosure
Bizjournals.com, NC
A New York real estate investment group has filed a foreclosure lawsuit against the owner of the 192-unit Lakeshore Landing apartment complex on 23.7 acres in West Palm Beach. PA Country Lake LLC, an affiliate of New York-based DCD America,

{ Comments on this entry are closed }

Read the full article...