SORT BY Relevancy
in Real Estate
I stumbled across some info while I was taking a real estate course today. I know that you will be blown away by the latest news on foreclosures and what the banks are expecting over the new few years! Take a listen for this amazing foreclosure update!
Apologies - this show was actually done on July 23rd, but it failed to post as expected.
Tonight, Connecticut attorney Stephen Wright discusses the specifics of Ct Foreclosure Law in layman's terms. There is very little education for the Conneticut consumer to go to and learn about the foreclosure process in this state. Probably because this is a banker's paridise.
The topics would include:
1) Mandatory pre-conditions to commencement of a foreclosure action
2)The foreclosure complaint and homeowner's right to court sponsored mediation;
3) Foreclosure Defenses and rescission;
4) Use of Bankruptcy to prevent foreclosure;
5)Types of Foreclosures and the differences;
60 Deficiency Judgments;
7) Short sales and deeds in lieu of foreclosure and the next phase; increase in foreclosuresdue to expiration of short term solutions
Stephen P. Wright
The Wright Law Firm, LLC
324 Elm Street
Monroe, CT 06468
(203) 218-6395 phone
(203 268-8938 fax
in Real Estate
After dozens of months of foreclosures decreasing, we are seeing increases. We will look into explanations for this and see if it perhaps fits in with other information we have talked about on the show.
The Santa Clarita Valley numbers today with regard to foreclosures are down quite a bit from back in 2009 through 2013. In fact today we have 29 toll on market foreclosures that are in some type of status. One of the statuses is active, another back up, and another pending. So this is showing you that we have reduced within the foreclosure inventory here in The Santa Clarita Valley cities. With regard to the off market foreclosure listing Santa Clarita valley is currently showing 282 of those types of properties. These are properties that are not in the market for sale and consist of bank owned properties, properties going to auction, bank owned properties, and those that of been sold to a third.
Property Tax Lien Foreclosures: Could You Seize the Homes of the Elderly for Profit? Cities Are Allowing ‘Investors’ to Do It . Every year there are $15 billion of property tax liens placed on homes across the country. Most of them are placed on homes owned by poor people, aging veterans, the elderly, and people with infirmities. When a city can’t collect the money, they sell them to private predatory investors who add accumulated interest and fees to assure these disadvantage homeowners can’t possibly pay the liens. The predatory investors then foreclose on the properties, put the people on the homeowners on the street, and re-sell the houses for prices far above the relatively insignificant price they paid for the property tax liens. Even though the cities made a little bit of money for collecting the tax liens from predators, the cities aren’t realizing they will now pay the hidden costs of housing and feeding the homeless people they allowed to be displaced. It is a foolish race to the illogical financial bottom for municipalities. There may be solutions. A leading national advocate to stop these practices, Larry Checco, explains what we can do. The Tim Danahey Show discusses economics, government, social issues, history, and non-fiction books in a magazine format featuring in-depth conversations with guests. Politics and inflammatory conversations are discouraged as they are divisive and counter-productive. Instead, the show seeks under-reported topics and delves into facts, different perspectives, and ramifications of each perspective. The show does not espouse a political agenda. The show is one of the highest quality and professional programs available. Danahey’s strength is to take complex subjects, talk with experts and make them comprehensible and entertaining for average listeners.
This episode will discuss whether the FBI and the United States Department of Justice should probe the law offices of McCurdy & Candler and Butler & Hosch for their role in foreclosures and the mortgage crisis. Attorneys at McCurdy & Candler were given an opportunity to join us for this episode to discuss their default practices unit and their role in foreclosures in GA & TN.
Thousands of Americans lives have been adversely affected by the mortgage crisis. As President Obama's Adminstration nears an end, what will the United States Department of Justice do to address the foreclosure crisis and the people responsible for the crisis? Will members of law firms, brokerage firms and Wall Street be escape any form of liability? The next few episodes will address these issues and more. Join us for the conversation.
Realty Estate Expert Dale Nabors joined us on FSN to answer the following questions:
* Why does Tampa continually rank high for foreclosures?
* What are the reasons a home is foreclosed upon?
* What are the steps to stay out of this zone?
* How can the Real Estate market be a profitable source of income?
Most importantly do your research in advance and you'll avoid unpleasant surprises.
Getting The Right Mortgage for You and Understand Your Options for Foreclosures with Chris Cabanillas is our guest on The Core Business Show with Tim Jacquet. The same group that was all but shut out from owning a home right after the housing crash - could be the same group that saves it! The latest stats from Halifax show there were more first-time buyers taking out loans in 2014 than at any time since 2007 - and the reason may be banks are back to taking smaller down payments. The question is - is this good for housing or do smaller down payments mean we are creating another housing bubble? "I think it's a trend and I don't think it will lead to another housing crash. In fact the president's efforts to loosen lending standards may be the best thing to happen to the real estate market - and specifically young first time home buyers - in a very long time", says mortgage and foreclosure specialist Chris Cabanillas of Cabanillas & Associates. So who is right? Are we headed down the same path that contributed to the financial meltdown - or spurring a slowly healing real estate market?
FEBRUARY 9, 2016---RALPH POYNTER: WHAT'S HAPPENING
What is the latest evidence of colonial terrorism? Continued increase of foreclosures on the Black elderly.
Reports from the Death Camps - Lynne Stewart (recently liberated political prisoner.
N.Y.C. Jericho Updates - Anne Lamb
Excerpts from the Black Activists Writers Guild- Larry Pinkney (Black Panther & former political prisoner)
Weekly News Analysis: PART 2- We continue to break down last weeks discussion, that by refusing to face the reality of U.S. national policies while demanding community control of the police without attaching a demand to FREE POLITICAL PRISONERS such as Rev. Pinkney, Mumia, & Jalil Montaqim is gradual suicide.