NO! it is perfectly legal for a licensed real estate agent in the state of California to represent an investor client in their purchase of a property that has A) already gone to the bank i.e. foreclosure but as well B) a short sale i.e. a property that has had notice of default flied against it and is in the process of being foreclosed upon by the note holder
the person could go into a lifetime of debt....NOT GOOD!
what information is not collected from the servicer in a foreclosure? loan balance, arrearages, interest rate property value or investor
Majority of the time it depends on the investor of your loan as well as the company that services the mortgage. Most companies will require that you have deed in lieu paper work submitted a certain amount of time before a foreclosure sale.
It was named for the landowner and investor Dr. David S. Burbank.
How about selling it to an investor???
The first step is to determine eligibility. This requires that a panel which decide the prospects and the reputation of the investor and worker and work on it.
Yes. Most homes that go into foreclosure have liens against the owners.Yes. Most homes that go into foreclosure have liens against the owners.Yes. Most homes that go into foreclosure have liens against the owners.Yes. Most homes that go into foreclosure have liens against the owners.
Technically you are eligible for foreclosure the day you miss a payment, but in practice this is never the case. Most lenders will begin the foreclosure process after 3 payments are missed, but that does not mean the home will be foreclosed. Many lenders are required by law to work with the borrower to modify the loan, or otherwise demonstrate significant effort to avoid the foreclosure. Many foreclosures take 6 months to a year to complete. This varies greatly by state, loan type, and investor/owner of the loan.
Ocwen Financial Corporation provides services such as REO - foreclosed property sales, residential servicing, commercial servicing and investor services.
what is a secondary investor what is a secondary investor what is a secondary investor
The investor decided to back out of the project.I am an investor for this business.We need an investor if the plan is to go ahead.
An Investor is someone who buys stocks..Eg..I am a investor becasue i by into a stock