September 2009

Foreclosure Wiki: Why work with a foreclosure buyer’s agent?

September 12, 2009 by David Patterson · Leave a Comment 

Buyer’s Agent Smoothes Sometimes Bumpy Road to Foreclosure Purchase By Rick Sharga, Vice President of Marketing for RealtyTrac Whether it’s the first time or the tenth, buying a home can be both an exhilarating and overwhelming experience. As with any major purchase, there’s a significant amount of pressure to make the right decisions about such [...]

Payment option ARMs are about to explode in Arizona

September 5, 2009 by David Patterson · Leave a Comment 

State magistrates met last week to discuss strategies for combatting mortgage fraud and the topic of payment option ARMs was a central theme.    In Arizona – one of the states hardest hit by the mortgage crisis – 128,000 option ARMs will reset in the next year, State Attorney General Terry Goddard told Reuters. The San [...]