Headlines in Real Estate for week ending October 12th 2012

This week in real estate headlines: Fraud, Lender forced home owners insurance and the clock is ticking for short sale tax breaks. Here are the headlines in real estate you may have missed this week: Short sale fraud “heating up,” expert says (Orange County Register) A panel of short sale experts presenting at CALIFORNIA REALTOR® […]

Loan Modification Pitfalls

We all know there are people out there who are constantly looking for ways to take advantage of people. This can be especially true for those faced with hard economic times. It’s no secret that the majority of scams prey mainly on those struggling to make their mortgage payments and are on the brink of […]

Bank of America’s Lottery

Bank of America is set to unveil their plans for at risk borrowers later today. This program is designed to reduce principal balance on mortgages as the first option. This is unheard of in the loan modification space since lenders try everything possible to avoid such measures. Most loan modifications aim at extending the length […]

Loan Modification Frauds

What I want to share with you today is on the topic of loan modifications and more specifically using a third party to help you with a loan modification. The reason why I bring this up is because the California Department of Real Estate said it had revoked a record number of licenses in 2009. […]