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Real Estate

Loan Modification Scam

September 17, 2010 by admin Leave a Comment

Let’s start out with this – I’m incensed today.  The newest cottage industry to crop up in the wake of the foreclosure tsunami are the loan modifiers.  Many of the most notorious loan modification companies were headed by the same individuals that were all to happy to originate loans that never should have been considered … [Read more…]

Posted in: Foreclosure Topics, Land Use, Real Estate, Tax Lien Foreclosure Tagged: America, Bank, Bank of America, deed, deed in lieu, estate, Fleishman, foreclosure, Foreclosure Topics, in, IRS, land, Land Use, lien, lieu, Maricopa, Mesa, modification, of, Phoenix, Pima, property, real, Real Estate, s, sale', short, short sale, tax, Tax Lien Foreclosure, trustee, trustee's, Tucson, use

Tax Lien Foreclosure – Sub-taxing

June 29, 2010 by admin Leave a Comment

Tax lien investors need to understand the importance of sub-taxing their tax liens in Arizona.  When a tax lien investor purchases a tax lien at the February Pima County tax lien sale, for example, that investor then has the right to purchase the next year’s delinquent taxes if the owner does not pay the subsequent … [Read more…]

Posted in: Land Use, Real Estate, Tax Lien Foreclosure Tagged: Apache, Apache County, attorney, Cochise, Cochise County, County, estate, federal, federal tax lien, IRS, IRS lien, land, Land Use, lien, Maricopa, Maricopa County, Phoenix, real, Real Estate, sub, sub tax, tax, tax lien, Tax Lien Foreclosure, Tucson, use

Stemming the Tide of Foreclosures: Principal Reduction

April 14, 2010 by admin Leave a Comment

Bank of America, which bought Countrywide Financial for $4 billion in stock in early 2008, has come under pressure from the Massachusetts Attorney General, as a result of Countrywide’s notorious lending practices.  Bank of America’s move is part of an agreement to settle claims over certain high-risk loans made by Countrywide.  See link to Wall … [Read more…]

Posted in: Foreclosure Topics, Real Estate, Tax Lien Foreclosure Tagged: attorney, County, deed, deed in lieu of foreclosure, estate, foreclosure, foreclosure attorney, Foreclosure Topics, in, lien, lieu, Maricopa, Maricopa County, modification, of, Pima, Pima County, real, Real Estate, real estate attorney, sale', short, short sale, tax, tax lien, Tax Lien Foreclosure, Tucson

Tax Lien Foreclosure: Ready, Willing, and Able to Redeem

April 6, 2010 by admin Leave a Comment

In the tax lien foreclosure world, appropriate service of process is absolutely crucial.  Consider what is at stake in a tax lien foreclosure case – the potential forfeiture of the right of the owner of a property to pay off their delinquent property taxes, which practically speaking means the likely loss of their property.  If … [Read more…]

Posted in: Land Use, Real Estate, Tax Lien Foreclosure Tagged: Arizona, attorney, County, estate, Fleishman, land, Land Use, lien, litigation, Maricopa, Maricopa County, Michael, Michael Fleishman, Pima, Pima County, real, Real Estate, redemption, tax, tax lien, Tax Lien Foreclosure, Tucson, use

Illegal Immigrants and The American Dream

November 6, 2008 by admin Leave a Comment

Despite unending attempts to step the flow of illegal immigration to the United States through an increasingly militarized border, the mortgage lending industry was not about to pass up the chance to capitalize on the estimated 12 million illegal immigrants in the United States looking for their own slice of the American dream.  Enter the … [Read more…]

Posted in: Real Estate Tagged: alien, illegal, illegal alien, ITIN, ITIN mortgage, loan, mortgage, ninja, ninja loan, Real Estate

Arizona Proposition 201 – “Homeowner’s Bill of Rights”

October 9, 2008 by admin Leave a Comment

You have to wonder why an initiative (Proposition 201) entitled the "Homeowner’s Bill of Rights" is sponsored by Local 359 of the Sheet Metal Workers International Association.   According to the Home Builders Association of Central Arizona, the union used the threat of an initiative as a pressure tactic in a campaign to get Chas … [Read more…]

Posted in: Real Estate Tagged: 2008, arbitration, attorneys, defects, homebuilders, mediation, Real Estate, warranty

Affecting Title to Real Property – The “Lis Pendens”

August 14, 2008 by admin Leave a Comment

In cases involving real property, a plaintiff often will file what is called a "lis pendens," which is Latin for suit pending. The purpose of filing a lis pendens is to secure a plaintiff’s claim on a property so that a sale, mortgage, or encumbrance of the property will not diminish the plaintiff’s rights to … [Read more…]

Posted in: Real Estate Tagged: Arizona, foreclosure, land, lien, property, Real Estate, tax

Freddie and Fannie – “Daddy, we need your credit card!!”

July 14, 2008 by admin Leave a Comment

Looks like Freddie and Fannie needs Daddy’s credit card. With $5.3 TRILLION in combined mortgage debt (about 1/2 of the total mortgage debt in the United States), when Wall Street and the Feds begin to worry about Freddie and Fannie’s financial health, there is good reason to be concerned. Freddie and Fannie are the MAJOR … [Read more…]

Posted in: Real Estate Tagged: Real Estate
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