If the owner redeems after a tax sale, but you are the investor and stilled owed insurance premiums and/or the value of necessary improvements, how do you attack the redemption?
Alabama Supreme Court provides guidance of exactly when redemption takes place after a tax sale, when the owner still owes additional sums for insurance and preservation improvements.
Foreclosure investors should protect themselves against potential claims by former owners that personal property still on the premises was wrongfully removed, hauled to the dump or given away by the new owner. The investor could be liable under such a claim.
Federal HAMP (Home Affordable Modification Program) dollars going to India, Uruguay. (Click title to read entire article.)
HomeEq Servicing, a loan modification company, has been acquired by Ocwen. Sources say loan modification negotiations will be handled out of India and Uruguay. (Click title for full story.)
The rules regarding what amount must be paid to redeem property after a foreclosure in Alabama, including issues regarding the value of permanent improvements included in the redemption price. (Click on title to read entire article.)
Court lets borrower sue lender for false promises made during short sale negotiations. (Click on title to read entire post)