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National Registration For Loan Officers Becomes Reality
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Written by RealtyTrac
By Peter G. Miller What do you know about your loan officer? Could it be that the nice person carefully writing down your social security number and financial information has committed fraud, is barred from selling loans in another state or never took a mortgage...Top Foreclosure Cities
- Las Vegas, NV (39,245)
- Phoenix, AZ (18,873)
- Chicago, IL (17,202)
- Los Angeles, CA (14,670)
- Sacramento, CA (9,764)
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The Toughest Housing Product to Sell in 02906 East Side Providence2 commentsForeclosures and short sales notwithstanding, the hardest product to sell these days in 02906 is the ...Commented Sat Sep 26 2009, 21:11, Market Conditions in 02906
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When is the right time to Sell?Be the first to commentThat is the Million Dollar Question isn't it. Of course if I had the answer ... on the mortgage in order to avoid the foreclosure process. As bad as this seems it may not be the end ...Blogged Tue Jul 14 2009, 19:21, Home Selling in Rhode Island
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Helping Renter's Become Home Owner'sBe the first to commentWhat an opportunity to buy with a large inventory to choose from, interest ... of Foreclosures and Short Sales it is very important to be represented by a Real Estate Professional ...Blogged Tue Jun 9 2009, 21:37, Home Buying in Rhode Island
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What is a Forensic Loan Audit ?1 commentWhat is a Forensic Loan Audit ? Homeowners, I want you to know that ... Forensic Loan Audit. If you are considering a loan modification, are facing foreclosure, or any other ...Commented Tue Oct 13 2009, 18:55, Foreclosure in Rhode Island
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FREE LEGAL AUDIT To -Help Lower Mortgage PaymentsBe the first to commentAsk For A FREE Loan Audit to help lower your mortgage payments by an Attorney ...Blogged Fri Oct 16 2009, 12:57, Foreclosure
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Is this property in foreclosure or short sale status?Be the first to answer--This question is about this property: http://www.trulia.com/property/photos/...Asked yesterday, 10:55, Property Q&A in Foster
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Would you say the Newport market is a buyer's market at the moment, or is it...17 answersAnswered Fri Nov 13 2009, 15:22, In My Neighborhood in 02840
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the property on alton rd in providence i would like to see it 2 baths 6 bds ...3 answersit was built in 1922 so its not just land--This question is about this property: http://www.trulia.com/foreclosure/200607393 ...Answered Tue Nov 10 2009, 14:45, Property Q&A in Providence
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i would like to see this house1 answerplease email me--This question is about this property: http://www.trulia.com/foreclosure/schools ...Answered Tue Nov 10 2009, 04:03, Property Q&A in Providence
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All of these homes priced from 0 to 200,000 are not for me.3 answersWill there be more homes comming on the market in the next few months that...Answered Sun Nov 8 2009, 17:06, Home Buying in Warwick
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Foreclosure Glossary
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Pre-Foreclosure (Notice of Default or Lis Pendens)
- The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Show moreBuying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Show less
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Auction (Notice of Trustee Sale or Notice of Foreclosure Sale)
- If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Show moreBuyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Show less
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Bank-owned (Real Estate Owned)
- If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell Show more the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. Show less
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