What Happens In Foreclosure



[ Edited by reklats on Date 03/27/2007 ]

Comments(4)

  • BryanEliteMortgage14th April, 2005

    Was this a purchase or a re-fi?

  • reklats14th April, 2005

    Quote:
    On 2005-04-14 12:10, BryanEliteMortgage wrote:
    Was this a purchase or a re-fi?


    purchase.

  • cjmazur14th April, 2005

    The big things in CA is purchase money (purchase) v. non-purchase (refi) money mortgages.

    Can you tell use a little about the illegal flipping?

    Is there the opportunity for a short sale?

    If you have as extensive holding as it sounds, seems like you should look at asset protection.

  • reklats19th April, 2005

    Quote:
    On 2005-04-14 19:44, cjmazur wrote:
    The big things in CA is purchase money (purchase) v. non-purchase (refi) money mortgages.

    Can you tell use a little about the illegal flipping?

    Is there the opportunity for a short sale?

    If you have as extensive holding as it sounds, seems like you should look at asset protection.


    should I put all my other properties in an LLC?

    My house is in a trust. They are all in different states so I am not sure if the loan company will go after those. I know in CA if there was a foreclosure the banks are not allowed to go after anything else but just acquire the property back.

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