More than any other segment of the financial crisis, the foreclosure epidemic is severely impacting the U.S. economy. On average every foreclosure costs the economy $225,000, the average on home mortgages made during the real estate boom. The losses translate into trillions of dollars, and it is becoming abundantly clear U.S. taxpayers will foot the […]
This is a vectored map from RealtyTrac which allows you to hover over the states to see statistics in real time about foreclosures.
This is from Exhibit A, Section 2 “Acceptable Conveyance Condition,” from HUD’s Mortgagee Letter 2010-18. Conveyance Condition is the condition that a foreclosed FHA insured property needs to be in before the bank can give it to HUD. There are a many things that need to happen for a property to be in CC that are beyond the […]
We wanted to advise folks we have a YouTube Channel available for those Contractors whom would like to learn more about Property Preservation.
Are you interested in becoming a Property Preservationist with Foreclosurepedia? Well, you’ve come to the right place. Foreclosurepedia is always looking for individuals with attention to detail and a desire to excel within their field. We require you to have the following equipment and licensing before filling out our Application: Telecommunications Desktop/Laptop computer Windows XP (or […]