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Banks Paying Cash to Homeowners to Avoid Foreclosures
Banks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe. Here’s the story. I’d suggest caution for any homeowner that is approached with a settlement offer from a lender. It would be wise […]
Banks Paying Cash to Homeowners to Avoid Foreclosures
/in Foreclosure & Loan Mod Blog /by Scott LaninBanks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe. Here’s the story. I’d suggest caution for any homeowner that is approached with a settlement offer from a lender. It would be wise […]
Old Mortgages Rise From The Dead, Haunt Homeowners
/in Foreclosure & Loan Mod Blog /by Scott LaninMSNBC.com has this interesting article about old mortgages, dysfunctional banks and wrongful foreclosures.