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Foreclosure

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Sept. 22, 2011

Brian Hickey and 2 other people answered this question

Should we teardown foreclosed homes?

There will be a significant amount of homes that were perfectly good homes when the owner made his last mortgage payment. Then after years of deterioration, environmental issues (mold) etc. - many of these homes will be teardowns by default.
Thanks,
Brian Hickey
teardowns.com more

Economy

Finance

Foreclosure

Real Estate

Jan. 11, 2011

Andrew Mosson answered this question

What should the banks do if more state courts find foreclosures invalid?

First some history. It appears that all the banks decided to side step the law when writing mortgages. In general, banks are required record each loan with the government and every time they sell the loan, they are required to endorse the physical document over ... more

Jan. 11, 2011

Andrew Mosson answered this question

What is robo-signing?

Robo-signing refers to the practice of banks hiring people to swear affidavits in foreclosure proceedings, when they have no actual knowledge of the matter.
In the current mortgage crisis, lost or purposely destroyed the original loan documents. When the go to foreclose on a house, they ... more

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