Finance Q&A

Foreclosure

Edwards Finance > Foreclosure

Who can tell we about even Stop Foreclosure?
Does anyone know if there is sort of a consumer complaint "center" against BANKS, MORTGAGE LENDERS etc. This is happening to us and we need to act with everything we can find as part of their proceedings are not legit: Over the past 18 months we had some rough financial times as in me not working most of 1997 and then later my oplderst daughter had problems and her hospitalization etc. etc. Anyway we were late on every bill we had but only one month or so...but had to pay incredibl...

We Stop Foreclosure In Cincinnati
3 years and 6 months ago my (small $80,000) house was in Foreclosure because of being laid off work, but I only owed $7500 dollars (the banks Numbers ! But That was what I figured too.) so I borrowed 5000 from my best friend, and sold a car for 2500 and went to the attorneys office in Cincinnati ( I'm in Dayton Ohio) paid off the Mortgage with a Cashiers Check for 7500 + change. Over the next year I went back to work , I Paid My best friend back, bought several cars since. Ho...

I want to learn more the informations Well Fargo Foreclosure Home
I was wondering what will be the lest damaging to myself and my credit. I realize that unless a miracle happens, I'm screwed but I'm sure some ways will leave me less screwed than others. :) The short version: I have a house I can no longer make payments on, can't sell, and the mortgage company refuses to help. With the idea that I don't want to keep the house, what is my best option? The long version: I have a townhouse that I was renting out to other people. The townhouse w...

Well Fargo Bank Foreclosure
Do you think TRAITOROUS Wells Fargo, and other sellout banks will FINALLY get the picture that it is BAD BUSINESS to give loans to ILLEGALS and IDENTITY THIEVES? It isn't just a coincidence that the raids against illegal identity thieves in Colorado occurred in the SAME TOWN that has the HIGHEST FORECLOSURE RATE IN THE USA!Banks are thieving whores nowadays. I had to leave an S&L to get an bank account wih certain business services. Since I got an account with them they will gi...

We Buy House Foreclosure Alternative
Is there really any good, low-risk way to buy a new house (for living in, not for an investment) that is significantly below market value? We live in a suburb of Minneapolis, and because we work out of our home office and don't have to commute to the city every day, we wanted to find a bigger house out in the country or near a small town (some place about an hour's drive from the city), where hopefully we'd get more for our money. And because we're flexible on where we can move to, w...

Saying to me about Ways To Stop Foreclosure
I am behind with my mortgage, need advise how to save my home?Some possible ways: - Talk to your lender - you may be able to work out a plan to become current again and avoid foreclosure. This is especially true if you have a steady source of income. - If your lender says no, but you have a steady source of income and a good amount of equity in your home, you could resort to refinancing with a "bottom feeding" lender who deals in high risk...

The informations Washington Mutual Bank Home Foreclosure
I would like to refinance my home equity loan. I am currently paying 8.6 percent but I can refinance it with the same bank for 6.35. That is still a bit higher then what i want. I understand that a 2nd lien on the home has a higher percent but can someone recommend a lender with lower rates then that????Here is just the first part of a article on http://kdfwfox4.com The Texas Attorney Generals office is now investigating Washington Mutual after an exclusive News Station Investigation. ...

The informations about Wachovia Bank Foreclosure
I belive that the banks are conspiring to raise rates; but for the purpose of fattening the profit margin on loans (esp charge cards). , once again, you're assuming there's only one bank. How can a thousand banks individually conspire to raise credit card interest rates? If everyone raises credit card rates 5%, all it takes is one bank to "cheat" and only raise rates 4% and it will steal away a lot of business -- before you know it, no one's raised rates at all. Why are bankers di...

I want to know about Virginia Foreclosure Law?
My home was foreclosed two months ago. I assume that the first mortgage will be paid off at the foreclosure auction. We owed considerably less than the house was worth. How is the second mortgage handled. They do not even appear to know that it was foreclosed on, gauging by the letters and calls we are still receiving from them. How will they pursue getting the money owed to them, since the first mortgage got the house and resold it to someone else at the foreclosure auction?...

Do you want about Va Hud Foreclosure?
I plan to be in the market for my first home within a year in Northern, NJ. I have been looking in the paper and notice a bunch of adds for Foreclosures and loans requiring little money down (FHA HUD, ETC) Have any of you had experience buying Foreclosures. If so do you have any advice? Would you do it again. With regard to the loans, what are the advantages or disadvantages of using these loans as opposed to the traditional mortgages? Any info would be appreciated!I pur...

Va House Foreclosure
When buying foreclosed houses, is it possible to approach the home-owner when the house is currently listed in the legal organ to be sold on the courthouse steps? A friend and I have been reading and wanting to do the "buy a house at foreclosure, and through sweat equity, sell it and make enough to restart the process" deal. So far, we have just talked and looked in our area. I had a friend who is a real-estate agent send me some listings, but they were always of houses that were...

I want to know the informations about Va Home Loan Foreclosure?
I plan to be in the market for my first home within a year in Northern, NJ. I have been looking in the paper and notice a bunch of adds for Foreclosures and loans requiring little money down (FHA HUD, ETC) Have any of you had experience buying Foreclosures. If so do you have any advice? Would you do it again. With regard to the loans, what are the advantages or disadvantages of using these loans as opposed to the traditional mortgages? Any info would be appreciated!I pur...

The informations Va Foreclosure
There is a great website from Hotz Realty Enterprises, where you can find VA foreclosure property in Florida and Las Vegas. These two areas are rapidly growing so properties make great rentals. All the photos on the website are the best of the foreclosure listings with the least repairs, best potential for rent and positive cash flow. In addition, it is completely free to view the information. So for low down payment, low interest, seller financing, check out:Thanks for the SPAM L...

I want to know about Va Foreclosure Properties
I am currently working on a deal right now with a VA loan. The seller says that he is willing to accept a loss on the property. But because the loan is VA backed how do I go about doing this deal?? This is my first one, as you might can tell. Do VA loans pay for the 20% of the property if the loan defaults?? I talked with the loan person from the bank and they don't do short sales. What do you guys think I should do now??A VA guaranteed mortgage is a no-loser for the bank so they d...

Can you tell me about Va Foreclosure List?
I served 6 years in the US Army, but nobody will accept my VA loan to buy a house here in Chic- ago. Suburban real estate companies say that the VA loan is no problem. I think that I am a victim of a scam? (And any other veterans that are attempting to buy in Chicago) First of all, is this illegal? Second, where can I go for help? With the VA loan, I qualify for zero downpayment, which means that $15-$30,000 does not come out of my pocket. That is my main reason for want...


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