Foreclosures in your area?
How many of you have foreclosures in your neighborhood? Have you thought of buying them? Just have proof of funds letter before you write a contract.
ftworthblog.com. the place to tell it like it is
the fw lounge: Foreclosures in your area?
Yes we are making some offers on foreclosures. We will eventually get one bought.
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Good luck Brenda, I have bought four in the last three months !!! Two were as a package. I have one fixed up and on the market, others are in rehab..LOL
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In October 17, 2005, President Bush has declared the new bankruptcy reform law officially takes effect. According to this law, the borrower in default can file for bankruptcy to stop all collection debts from his lender. The borrower is also required to take credit counseling from a non-profit credit counseling agency accredited by the government. Credit counseling must be done for 180 days before filing Chapter 7 or Chapter 13 of bankruptcy. What effect does this new bankruptcy law have for those who are facing foreclosure?
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