Why should a home owner keep paying on a home when they are upside down? Is there some sort of moral aspect to paying on a mortgage even when its so severely upside down that the ‘home owner’ has become…in essence…a tenant with their mortgage company as their landlord?
You might be surprised to learn that
Strategic Defaults Increasing Dramatically | Why Keep An Upside Down Home? – Fresno, CA
(Short Sale Fraud) Short Sale Supervisor Talks to a Real Estate Agent – Recorded Conversation
Via: jeremybrandt.com
The Short Sales and Bank Fraud story continues to gain traction. After CNBC aired the story we brought them, dozens of other media outlets, bloggers and authorities have contacted me to discuss this topic.
Here is the story of how this fraud initially came to our attention, along with the evidence to back it up.
Last … Read More
Record High Foreclosures and Option ARM Resets
via Record High Foreclosures and Option ARM Resets.
By Ian Cooper
Tuesday, January 26th, 2010
With headlines of higher default rates for Option ARMs about to be a daily occurrence, is there a way to profit from others’ misfortunes?
Yep…
But let’s first look at the size of the crisis… and why the crisis is far from over.
To say the … Read More
