Sentences with phrase «foreclosed upon this year»

Nearly 2 million homes have been foreclosed upon this year, according to the Center for Responsible Lending.

Not exact matches

Currently a vacant home will sit for up to two years before it is foreclosed upon.

The scourge of zombie properties, which references properties that have been foreclosed upon and have fallen into disrepair without a bank performing upkeep, has been a Schneiderman target in recent years.

You should also know that home equity loans can be foreclosed upon in much the same way that your mortgage lender can foreclose, so borrow only an amount that you can reasonably afford to repay in the coming years, based on your income or budget.

Borrowers must not have been foreclosed upon for three years prior to the loan application.

The fear is that a veteran may be just a few months from the end of their bankruptcy seasoning period only to have their old property get foreclosed upon, kicking off a new two - year wait.

The fear is that a veteran may be just a few months from the end of their two - year seasoning period only to have their old property get foreclosed upon, kicking off a new two - year wait.

There is a question on every standard loan form asking «have you had property foreclosed upon in the last seven years?»

In addition, those foreclosed upon homeowners were put in a penalty box and couldn't get new mortgages for years which lowered demand.

However, you will be required to answer the question «Have you ever had a property foreclosed upon or given a deed - in - lieu thereof in the past seven years.

The fear is that a veteran may be just a few months from the end of their bankruptcy seasoning period only to have their old property get foreclosed upon, kicking off a new two - year wait.

And a pilot program at Fannie Mae to sell off foreclosed - upon homes in bulk, with the requirement that they be rented out for five years, is getting a warm reception from the market.