Category: Programs & Tactics

Strategic Foreclosure and Abandoned Properties

Strategic Foreclosure – Is It The Easy Way Out?

By the end of 2012, approximately 48% of the 50 million mortgage loans across the United States are headed to be ‘underwater’ mortgages. Underwater mortgages are mortgages that leave the property owner with more debt on the property than the property‚Äôs current market value. Faced with declining property values and imminent losses, homeowners are left […]

Foreclosure defense programs are formed to address foreclosures in CT

Defense Programs to Stop Foreclosures in CT

In an inventory done by the largest provider of public records data in the country, CoreLogic, foreclosures in CT or Connecticut rise by 1.2% every year. The banks do not want to repossess these properties and lenders are not in the business of owning real estate. As a homeowner, knowing the foreclosure defense programs is […]

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