On 4.9.2012 Occupy Raleigh along with Occupy Greensboro, Take Back The Land, Save Our Homes, and Mortgage Fraud NC attempted to defend the home of a family illegally foreclosed on in Southeast Raleigh. This is a recap of the day’s events including the eventual arrests. IMPORTANT NOTES: This was not an attempt by Occupy to squat. This was an attempt to allow the family access to their belongings before they were trashed, and to hopefully allow them some way to stay in the home and/or bring attention to the reality of mortgage fraud. Occupy’s assistance was in fact requested by the homeowner! Video Rating: 4 / 5
Now This Sucks, so make sure you cover all aspects of Forclosure and deeds in lieu. MensHelpTv As terrible as it is to lose your house to foreclosure, at least it’s a relief to put your biggest financial headache behind you, right? Wrong. Former homeowners may still be on the hook if there’s a difference between what they owed on their mortgage and what the bank could sell it for at auction. And these “deficiency judgments” are ticking time bombs that can explode years after borrowers lose their homes. It can even happen to people who got their bank to approve them selling their home for less than it is worth. Vanessa Corey, for example, short sold her Fredericksburg, Va., home in April 2008. She and her husband built the house in 2004, but setbacks, both personal (divorce) and professional (housing bust), made it impossible for the real estate agent to keep her home. So she negotiated the short sale and thought that was the end of it. “My understanding was that the deficiency was negotiated away,” she said. “Then, last November, I got a letter from a lawyer telling me I owed my lender 000. I had to declare bankruptcy. There was no way I could pay it.” Many homeowners are now in the same boat. And not just those who took out bigger loans than they could afford or who did so called “liar loans” where they didn’t have to verify their income. Because of falling home prices, borrowers who always paid their mortgage but who have run into unforeseen circumstances — like … Video Rating: 0 / 5
FOX5 News shows the damage some evicted homeowners are leaving behind after losing their homes. A Featured Report with special guest San Diego Foreclosure REO agent Gary Kent. www.garykent.com for more information on buying San Diego bank-owned homes go to www.foreclosure-hotlist.com Video Rating: 3 / 5
Beautiful Craftsman house in the Mt. Tabor District! This house is about 3000sf including the basement. Currently it’s a 3 bed 2 bath. We are going to turn it into a 5 bedroom 4 bath! Master bedroom suite will have a large walkin closet with it’s own bath. Two enclose porches with one coming of master bedroom and the other off the living room. Large deck with a wonderful oasis. This will be a great project!!! Video Rating: 0 / 5
www.pbs.org BILL MOYERS JOURNAL travels to ground zero of the mortgage meltdown — Cleveland, Ohio. Correspondent Rick Karr takes viewers to Slavic Village, one of the hardest hit neighborhoods in the nation when it comes to the spate of foreclosures caused by the subprime mortgage crisis.. Aired Friday, July 18, at 9p.m. on PBS (check local listings). For more: www.pbs.org Video Rating: 4 / 5
Nice 3 bedroom 2 bath home boasting over 1500 square feet. Corner lot. Fenced yard. Bonus room can easily be converted to 4th bedroom, and garage has been partially converted to more living space. Ceramic Tile. Terrazzo Floors. Property will need inside and outside AC units, paint, a few windows repaired, and a few minor touch ups. Join our buyers list and get this and other homes emailed directly to your inbox the instant they become available! Simply visit us at www.FloridaPropertyWarehouse.com. Get our FREE e-book on how to buy cash flow properties at deep discounts!