Foreclosure Nation

Hello Shari, I recently losr my job and had a baby, my husband and I are considering letting our primary residence go into foreclosure. We have an FHA mortgage and live in Colorado, which is the only public trustee foreclosure state. Is there any way that we might be assessed with a defficiency jud...

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I put an offer on a house last July for more than what they owed JP Morgan Chase it then went to a negotiator in Sept. But no one contacted me, it was put in as a short sale because of the commission. They asked for more documents, then went to foreclosure, I had that stopped, then they wanted even...

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I am also a Pres. of a condo assoc. Does this mean that property's that have been vacant for 2 years without paying main. will sit there for another couple of years with no one paying? The atty.'s have been sitting on these properties that the banks have given them to foreclose on. I could tell you...

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You wrote about homeowner walkaway morals and I'm stuck wondering. Maybe finding you is my answer. I got into my loan responsibly in 2001 - fixed 30 I can afford. House repair issues plus market puts me upside down at $50k... I have $25k rainy day cash. My father just passed... and since age 7 alway...

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Hi Shari Olefson We are buying houses at the courthouse foreclosure auction, but the interesting story, is the banks are not releasing much inventory into the market, they are managing the slide downward in price, by artificially limiting supply. Here in Broward County there are 300 foreclosures ...

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