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legal : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "legal"

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What’s A Typical Foreclosure Fee?

When a lender seeks to foreclose a number of fees can arise. There will be, for example, a foreclosure fee paid to an attorney. If the property is auctioned off then the local sheriff or court will want a fee. There are typically an assortment of fees to be paid just to get the matter [...]

17Feb2010 | | 0 comments | Continued
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Is Foreclosure Flipping Legal & Legit?

If by foreclosure flipping we mean quickly buying and re-selling a foreclosed property bought from a lender then there’s no reason why such a transaction cannot be legal and legit. Think about stock. You buy stock in the morning and sell it in the evening. You flipped the stock. Does anyone care? No. Think about [...]

14Feb2010 | | 0 comments | Continued
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Mortgage News: The Crime of the Century

In New York two stock brokers have been found guilty of securities bait-and-switch. The two men face decades of jail time for defrauding investors by selling securities which were described as being backed by federally-guaranteed student loans when in fact they were actually auction-rate securities, a more risky financial product. So, let’s review. It’s illegal [...]

19Aug2009 | | 0 comments | Continued
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Why Aren’t Predatory Loans Illegal?

“Nationally and internationally, we must be on guard against predatory lending. It is nothing more than a scam, a crime, a lie.” Alphonso Jackson It’s doubtful that anyone who has ever looked at the mortgage industry would disagree with the sentiments offered by former HUD Secretary Jackson. Predatory loans are terrible, a scam and certainly [...]

4Oct2008 | | 1 comment | Continued
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How Much For Real Estate Legal Fees?

Attorney fees are negotiable. There is no usual, standard, or normal fee. Attorneys are simply vendors selling a service so feel free to bargain — and also consider legal clinics. Technorati Tags: attorney, fee, lawyer, legal

28Aug2008 | | 0 comments | Continued