Investing in the foreclosure process involves more than just buying up properties that people cannot afford for your own profit. The reality of it all is that the process itself can take anywhere from three to six months to even a year. You find keen investors can enter the game at numerous stages in the foreclosure process. The main stages include:* pre auction* auction* post auction.Let us have a gander at the pre auction stage.Usually the...more
The most likely result in the foreclosure process is that the homeowner will lose ownership and then possession of their home. However the foreclosure procedures vary depending on which state of the USA.Let me explain. There are two types of foreclosures and each state of the USA follows either of these procedures.1. Foreclosure by Trustee SaleWhen a property is purchased in the states that follow this foreclosure procedure, the county issues a...more
Foreclosure investors often make the decision to do their own bidding at foreclosure sale auctions.The general misunderstanding about the nature of foreclosure sale auctions is that the foreclosure investor actually bids on the property when in fact what he bids on is the mortgage itself.The mortgage is also called a liens. What this means is that even though an investor wins the bid on a mortgage at a foreclosure sale auction, he may never really acquire the property.Many parts of the USA give the homeowners their last chance to save their home. It is called a redemption period and can last anything up to a year. If they can raise the money to cover what is owing, they get the property back and the highest bidder is no more.What are the different types of mortgages or liens that the foreclosure investor should be aware of?* The senior lien is the first mortgage. This is the loan that the homeowners signed for to purchase the property. Owning the first mortgage or senior liens will give the foreclosure investor the best chance of eventually acquiring the property.* The junior lien is usually a second mortgage or a home equity loan. It is any other loan the homeowners had approved...more
You must have heard about the increasing amount of cases for the DWI cases. DWI is term which is actually known as driving under intoxication. This is an illegal attempt and people doing this have to directly go behind the bars if caught. So if at all you are also involved in such a case wherein you have the blame of driving your vehicle when you...more
Other options include inflation protection and variable rates. Treasury Inflation-Protected Securities (TIPS) are issued by the U.S. Treasury, and their principal depends upon the Consumer Price Index. Their principal increases with inflation and decreases with deflation. TIPS appeal to investors who fear that inflation could erode the value of...more
For more information Visit our website i.e.: http://www.collings-law.com/family-lawyer-houston/divorce-attorney.Divorce Lawyer in Houston, TX By: Chris Collings About the Author (ArticlesBase SC #3030298) Article Source: http://www.articlesbase.com/ - Divorce Lawyer in Houston, TX more
By seeking legal help and consultation, you can be given the necessary financial assistance for treatment as well as claim for damages.The High Importance of Having an SJS Lawyer or TENS Lawyer By: SJS Lawyer About the Author SJS...more
The attorney will also be present at the scheduled hearing. He will bring up any questionable budget items for discussion. The legal attorney will also be present at your side during the hearing. It is thus evident that filing a bankruptcy claim...more
Your attorney will help you in the process of collecting financial statements. They will ensure that you collect and submit the required documents without any delay. Thus, you can get done with the process much sooner.Why To Choose A Chapter 7 Lawyer...more
Deciding to redeploy to a San Antonio Retirement Community opens up a complete new path in life. Here, there is a quality of life which is exciting, relaxed and at a tempo unique to each individual. San Antonia is situated in Texas, here the...more
Fortune's Formula by William PoundstoneInvesting with the Pros: Part 1 of 3 By: Eugene Yiga About the Author I have been an active writer for over a decade and published my first book in August 2007. That spurred the creation of...more
Rich Dad's Increase Your Financial IQ by Robert KiyosakiInvesting with the Pros: Part 2 of 3 By: Eugene Yiga About the Author I have been an active writer for over a decade and published my first book in August 2007. That spurred...more