I am working on a new website, its still under construction. The Creative Bouquet I love building these, its way fun.
Good document to read if you are needing some help figuring out terms in the distressed property world
Distressed Property Guide
Increase in Upfront Premiums for FHA Mortgage Insurance
FHA loans with a case number assigned on or after April 5, 2010, will have a 2.25% upfront mortgage insurance premium. This is a .5% increase. Case numbers are generally assigned when there is a contract with a property address, and a closing date AND the borrower [...]
By JAMES R. HAGERTY And DAWN WOTAPKA
LAS VEGAS—Housing construction is expected to rebound this year from the severely depressed 2009 level, but the market [...]
Fha Flip Waiver
HUD TAKES ACTION TO SPEED RESALE OF FORECLOSURES
With certain exceptions, FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. This temporary waiver will give FHA borrowers access to a broader array of recently foreclosed properties.
The waiver will take effect on February 1. 2010 [...]
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Also, [...]
The Notice of Sale and Notice of Defaults are out for the week. For current market trends and past files to view and download. Just click on the links below.
Notice of Default chart
Notice of Sale chart
Notice of Default Current Recipients
Notice of Sale Current Recipients
Past Notice of Sale Files
Past Notice [...]