A homeowner is upside down in debt and falling behind on mortgage payments — until a mortgage company offers to buy the home for six months to help them get back on track. Selling the home to a mortgage company means the homeowner would be giving up all control of the home.
One of the more vile timeshare resale frauds now proliferating is what we call the Mexico Escrow Scam or the mexico bank wire Scam.Our weekly blog, The GateHouse, has covered this issue fairly extensively but it needs permanent discussion here since the problem has become an epidemic and the chances of victims ever recovering any of their lost money are slim to none.
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News Corp. confirmed her death Wednesday. “Throughout her life, our mother demonstrated the very best qualities of true public service,” Rupert Murdoch said in a statement published in the News.
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You’ve been actively house hunting on your favorite real estate. having to choose between stretching their budget to have the master suite they want or having more reasonable monthly mortgage.
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The First-Time Homebuyer Mortgage Program is the foundational mortgage program that can be combined with the NJHMFA Down Payment Assistance Program, which provides qualified buyers with $10,000 as an interest-free, five-year forgivable second loan with no monthly payment that can be used to cover down payment and closing costs.
There are many mortgage fraud cases these days. Selling a house to yourself is considered mortgage fraud, which is illegal. Q: I just formed an S Corporation and I would like to raise some capital. Can I buy a house with my corporation at a good deal then sell it back to myself with a [.]