All Posts Tagged With: "investor"
Can You Refinance Your Loan Under The Obama Mortgage Relief Plan?
The 2009 Obama foreclosure relief plan has two parts, first there is modification help for those who face foreclosure and, second, there is also a refinancing program for those with loans which are no longer affordable.
Under the details of the plan we can see how the refinancing program works, who qualifies and who does not.
In [...]
How To Get A Successful Loan Modification (With Obama Update)
Is it possible to get a mortgage modification without being foreclosed or behind on your payments? For an increasing number of borrowers the answer is “yes” because recent changes in the mortgage industry now make loan modifications more likely than at any point since the financial meltdown began.
For much of human history mortgage lenders have [...]
Don’t Get Caught By Changing Foreclosure Rules
If you follow the news these days you can find a growing number of stories concerning “foreclosure rescue specialists.” State attorney generals, legislators and community groups will tell that such folks are hardly candidates for sainthood, that foreclosure rescue specialists are instead engaged in home-stealing scams powered by fraud and deception.
But while states are [...]
How long must I live in a house once I buy?
When you apply for a loan a lender will ask if you intend to use the property as a prime residence. If the answer is “yes,” then it is expected that you will physically move into the property within about 30 days after closing and live there for some time.
There does not seem to [...]
