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Many people know that HUD (The United States Department of Housing and Urban Development) owned homes are sold as-is. They are sold as-is because HUD has acquired ownership after a homeowner is no longer able to make the monthly payments and the FHA mortgage insurance has been paid to the Lender by the insurer (FHA). No key is returned. No maintenance records exchanged. If you are a potential buyer of a HUD home or licensed real estate broker with clients interested in learning more about ...
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Looking to buy a Lake Home as a vacation property? Buying a Lake Estate or lake shore for investment purposes? This article is intended to help you make an informed decision about buying a lake home. If you have your sights set on a specific lakefront property or lake shore, then this guide is for you. What you probably do not know is that there are many unique factors that come only with purchasing lake property. With that said, here are a few pointers for you to consider. I hope they may ...
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If you are facing foreclosure here are several tips: 1. When talking to financial services or lenders ask to be transferred to the loss mitigation department and document all calls and what was talked about. Get their extension so you can call them direct next time. 2. Whatever it is you talk about be completely honest. Tell the lender you want to work with them to keep your current mortgage 3. Check with your lender, see if they have any assistance programs for homeowners facing ...
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