Posted On: September 26, 2007 by Rich

Working Hard and Posting Light

Sorry about the lack of posting as of late but we have been really busy working on a few purchases. In one matter we are working with an owner facing a foreclosure sale in the next week. The house in question needs some work and owner is about $15,000 behind in payments, penalties and interest. We are bringing those current and giving them some cash so they can move on with their life. Time is of the essence here so most of our time has been spent dealing with the mortgage lender, and inspectors and contractors.

Posting will resume at a more frequent pace soon - In the meantime, take a look at this post by The Consumerist which gives some of the deceptive advertising language lenders have used and borrowers should watch out for.

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