by Phyllis Rockower | Sep 24, 2012 | Economic News, Housing News, Real Estate News
Even though the rules were meant for condo developments, this also applies to individuals looking to buy and sell condos. I have previously told my students not to bother with condos unless it was owner financing or subject because it if you think it is tough to get a...
by Phyllis Rockower | Mar 14, 2012 | Housing News, Real Estate News
The deal gives 5 major services-NOT NECESSARILY THE BANKS, incentives to write down the loans of severely upside down homeowners. Most of these home loans are not owned by the banks and might trigger litigation by the investors whose money it actually is. CA. was a...
by Phyllis Rockower | Feb 27, 2012 | Phyllis Says, Real Estate News
CA is seeking to suspend all FHA and Fannie foreclosures. Are we ever going to get out of this mess? The longer they delay the process the worse it is going to get.I thought we were moving forward with the process and had cleared up the robo signing mess.They want to...
by Phyllis Rockower | Feb 13, 2012 | Housing News, Real Estate News
condo associations,mortgage assignment,investors,cash flow,fha,condo dues That is why fha won’t grant the loans. Do if you are a condo owner you are stuck. However, if you are willing to do a subject to or mtg assignment you can get out from under. Investors will buy...
