Average Delinquency+Foreclosure at 599 Days
The average mortgage loan in foreclosure has been delinquent for 599 days, according to Lender Processing Services (LPS). That’s a record for the company’s regular monthly study on mortgage performance trends. At the end of July, LPS counted 2.2 million loans in foreclosure and nearly 1.9 million that were over 90 days past due but […]
Is it possible to buy a home with $100 down?
YES! As far as we know, people are buying a home with a $100 down payment ONLY. How is this possible? Go to this website: hudhomestore.com If you are an “owner occupant,” there are HUD homes available. You could negotiate to have the seller pay 6% of your closing costs, which covers just about all the […]
