Tag Archive for: foreclosure

Understanding Short Sales in Real Estate

Short sales in real estate can often seem like a labyrinth of complexities, both for homeowners struggling with mortgage payments and for prospective buyers eyeing the housing market. We're here to demystify the concept of short sales, explain what a short sale is, how it works, and what it means for buyers and sellers in today's real estate landscape.Read More

How To Buy A Foreclosed Home: Tips, Tricks, and Financing

Discover expert tips on buying a foreclosed home and secure a great deal with our guidance. Explore your dream home possibilities today!Read More

Buying Foreclosed Properties with a Mortgage

Are you considering buying a foreclosed property and wondering how to navigate the process with a mortgage? Foreclosures can be an excellent opportunity for savvy real estate investors or aspiring homeowners looking for a great deal. In this blog post, we'll explore what foreclosures are, how to buy a foreclosure, and how you can secure a mortgage loan for a foreclosed property. So, let's dive in and uncover the secrets to a successful foreclosure purchase!Read More

2.7 Million Borrowers Still In Forbearance; Foreclosure Crisis Coming?

The WSJ reported recently that 2.7 million borrowers are still in forbearance. That is about 5.5% of all borrowers, down from about 8.5% in June, but the number of borrowers […]Read More

4 Reasons NOT to Fear “The Coming Tsunami of Foreclosures”

Forbes.com recently published The Serious Disconnect Between A Hot Residential Real Estate Market And The Coming Tsunami of Foreclosures. And I thought, here we go again… The author expresses serious […]Read More

5 Tips For Buying a Dallas Foreclosure

In traditional Texas real estate transactions, Dallas homebuyers work directly with the property sellers and their agents. Homebuyers will typically present an offer directly to the seller and their agents to purchase the property.Read More

JVM Has Never Funded A Mortgage Loan! Here’s Why.

In 13 years of business, JVM Lending has never funded a single mortgage loan. This is b/c there are actually no mortgages in CA and Texas, and JVM is really […]Read More

Funded Loan For Borrower IN Foreclosure; Sub-Prime’s Back In Good Way

We funded a loan yesterday for a buyer who is in foreclosure, and his rate was 4.875% (he put down 45%). His foreclosure involved a property in Hawaii that he […]Read More

One Day Out Of Foreclosure/Short Sale Loans? Options?

We are constantly asked what options are available for borrowers who do not have the required 3 years of seasoning from their short sale or foreclosure dates. For borrowers with […]Read More

Loans for 1 Day Out Of Foreclosure; Loans for LLCs

In 2005, I was at a Christmas party listening to a Lender’s Account Rep brag about his 100% loan-to-value “stated income” and “stated asset” purchase money loan product for investment […]Read More

Missing Floor Coverings & Issues In Foreclosed Property

We have a borrower trying to buy a foreclosure with condition issues that include missing floor coverings, missing cabinet doors, and a missing stove. Whether or not repairs have to […]Read More