REO/FORECLOSURES WOW! Our last list was a HIT!EVERY ONE of the homes we listed as BEST BUYS sold! Let’s look at the latest Weymouth Group’s Best Buys uncovered by our team. If you agree, then what are you waiting for? Let’s go take a look at them! Check out The WG’s Top Buys of the Week for Investments SPECIALS.… read more →
FROM THE LA TIMES: Fannie Mae, the largest mortgage investor in the country, has a bulging portfolio of houses acquired through foreclosures nationwide. About 31,000 of these properties are listed on its HomePath resale marketing site. To move them quickly out of inventory, Fannie temporarily is offering qualified owner-occupant purchasers — but not investors —… read more →
REO/FORECLOSURES Check this site regularly for the Weymouth Group’s Best Buys uncovered by our team. If you agree, then what are you waiting for? Let’s go take a look at them! Check out The WG’s Top Buys of the Week for Investments SPECIALS. A great deal could be found here for either a homeowner OR investor or BOTH! NEW HOME DEALS… read more →
Recently, Chris Weymouth, Director – The Weymouth Group and David MacIlvaine were guests on MRIS TV discussing short sales and foreclosures and the impact on communities and consumers. NAVIGATING DISTRESSED PROPERTIES <a href="”> COMMUNITY BENEFITS OF REO PURCHASES <a href="”>
By Steve Kilar, The Baltimore Sun 8:13 p.m. EDT, August 9, 2012 The rate of new foreclosure filings in Maryland far exceeded any other state’s this spring, a spike caused in large part by the national robo-signing legal settlement that unleashed a flood of new cases. Almost 20 in every 1,000 home loans in Maryland… read more →
The Mortgage Debt Relief Act of 2007 is set to retire at the end of the year. Bottom line: If Congress fails to extend the act, any home that faces foreclosure or sold via short sale, the lender would then be send the IRS a 1099 form stating the debt that was forgiven can be… read more →
Maryland Federal Judge ruled that the plaintiffs should have filed while their home was in the foreclosure process. Plaintiffs lawyers refused to respond. The plaintiffs argued that the Robo Signing scandal wasn’t made public until after their foreclosure. Both parties agreed that the homeowners were late and delinquent in payments and that the foreclosure was… read more →
Some might call me uninformed. Others might call me a conspiracy theorist. Me? I like to be considered the Matt Drudge of the real estate blogosphere. So here goes… This is a scenario that is being played out time and time again in America. A distressed homeowner is having difficulty making loan payments to a bank called here Banking Under… read more →