Posts Tagged 'short sale investors'

Foreclosure Defense Strategies for Real Estate Investors

Posted on: June 8, 2010

Categories: How To Sell, Investors, Procedures, Things To Consider

Author: buyfixandprofit

Foreclosure Defense Strategies for Real Estate Investors

Foreclosure defense is a legal strategy in which a homeowner retains the services of an attorney to complete a forensic loan audit of all the documents associated with the mortgage. The attorney is looking for fraud and predatory lending violations than can then be used to aggressively counter sue the bank for damages and in return force the bank to negotiate with the homeowner or investor. Remarkably, on average over 80% of all residential loans since 2003 contain such violations. During the housing boom, banks could not push new mortgages through their system fast enough to satisfy the appetite for profits by Wall Street.

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