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June 2007 - Posts

Wednesday, June 06, 2007 3:09 PM

PROTECT YOURSELF FROM FORECLOSURE SCAMS

FORECLOSURE SCAMS Be aware of what you sign and who you are dealing with before you enter into any agreement! When a homeowner misses several payments, it’s common for a lender to file a notice of default with the county recorder’s office.
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Wednesday, June 06, 2007 3:05 PM

Buying a Foreclosure or Bank Owned (REO) Property? Know the Facts First!

REO vs Foreclosure A REO (Real Estate Owned) property is a property that is owned by the bank or mortgage company after an unsuccessful foreclosure auction. Most property owners sell the property and pay off the bank if they have e nough equity. If they
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