Gainesville Short Sale Agents Rent To Buy Scheme This is a real estate scheme that purports distressed homeowners into their property under a rent-to-buy plan. The scammers will ask the homeowner to sign over the deed of the home to a company or individual who has a good credit standing so that t
...
06/13/2012
Is your Gainesville Short Sale Lender Delegated? You may be surprised to find out what “delegate” means in short sales. To come straight to the point, the word “delegate” in short sale literally means what it is, to entrust to another. You may be making payments directly to Bank of America, Wells
...
06/13/2012
Gainesville Short Sales Agents Refinancing Bankruptcy Trick The scammer assures you that they can negotiate with your lender to help you refinance your home. The scammer then asks for an upfront fee and disappears with the your money and files a bankruptcy in your behalf without your knowledge. Y
...
06/13/2012
18% of GSE loans are attached to second lien HousingWire estimated that less than 18% of Fannie Mae and Freddie Mac mortgages have a second lien. Both enterprises have a total of 29.2 million home loans when combined. And 18% of which, or 5.1 million have a second lien attached. A massive first-l
...
06/08/2012
Gainesville - Principal Loan Reduction Last Thursday, eleven Democratic Attorney generals sent a letter to the Federal Housing Finance Agency (FHFA) requesting for an abrupt implementation of principal loan reduction by GSE- related mortgages. The letter was addressed to the agency's acting direc
...
06/08/2012
Gainesville Short Sale Buyer Advantages Some Gainesville Realtors® may even advise prospective Gainesville home buyers to stay away from short sale listings. It is the agent’s option to understand and work with short sales. But if the buyer is interested, the agent could refer the buyer to an exp
...
05/23/2012
Gainesville Short Sales Hiring Incompetent Short Sale Agent When short sales became prominent in the Gainesville Florida area many homeowners, professionals and Gainesville Realtors® were unfamiliar with what is a short sale. Gainesville short sale agents Find out how other sellers successfully c
...
05/23/2012
Gainesville Florida Foreclosure Fraud Up - Avoid Scams The Homeownership Preservation Foundation (HPF) has informed us that home foreclosure prevention scammers are getting busy this year, taking advantage of foreseeable foreclosure crisis. Gainesville Florida homeowners need to be very wary of e
...
05/23/2012
Gainesville FHA Home Buyers - FHA Fee Hike Gainesville short sale agents learned that the Federal Housing Association (FHA) will raise their fees this year, worrying future homeowners. Monthly Insurance Premiums (MIP) for loan amounting to less than $625,000 will increase by 0.10%, making the pre
...
05/23/2012
My Gainesville Short Sale Appraisal Came in Low, Now What? We know for a fact that mortgage lenders fund only up to but not more than the appraised value of the property. To close the transaction, the buyer may have to increase the down payment or the seller may have to reduce the price. Any one
...
05/07/2012