Posts Tagged ‘default’
April 16th, 2010 | 
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Faced with several homeowners that are unable to cover the costs to maintain their sizable new homes and all the toys that came with them, producers of the show are making changes. Rather than supersize “McMansions”, the goal is now to make smaller, more easy to maintain homes that are focused on energy efficiency and less extras like swimming pools that can be costly to maintain.
To read the entire article and view a slideshow of Extreme Makeover homes facing foreclosure, click here.
SACRAMENTO, Calif. – March 19, 2010 – Homeowners defaulting on mortgages today may be surprised to learn years from now that they still owe thousands of dollars – and a collection agency is coming after them to get it. That’s because lenders have been quietly selling second mortgages and home equity lines left unpaid after foreclosures and short sales. The buyers: collection agencies, which in some states have years to more.
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Posted in Real Estate | 
Tags: default, foreclosure, home owner, loan default, mortgage loans, short sale | 
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