Finding The Right Orange County Dream Home or Investment Property For You
The OC REO Team is an industry leader when it comes to managing, marketing and closing the deal on the home you intend to sell or purchase. The professionals at OC-REO Team have over 20 years of experience and have become experts on the local market and trends of the real estate in Orange read more
Commercial Real Estate Loans – Interesting Developments
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With change comes opportunity. We are seeing many, very interesting developments with commercial real estate loans. One happens to be banks offering to reduce balances owed and waive any prepayment penalties in an effort to entice strong borrowers to refinance their debt.Â
And no, we are not referring to borrowers that are late, have negative trends, etc. We are talking about stable commercial real estate loans, that the existing bank needs out of, for
Survey Says – Foreclosures Still Rising – Bloomberg
The North Carolina legislature has enacted new legislation to help homeowners with subprime loans avoid foreclosure. If a homeowner with a subprime loan defaults on his loan, the lender is now required to send to the homeowner a Pre-Foreclosure Notice at least 45 days prior to filing the Notice of Foreclosure Hearing. The Pre-Foreclosure Notice must include an itemization of all past due amounts and other charges that need to be paid in order to bring the loan current as well as a statem
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