Buy Owner Files For Liquidation But Takes On New Clients
Buy Owner, a broker-free service for individuals who would like to sell their home without hiring a REALTOR, has filed for liquidation. They have filed for a liquidation of the company as a whole in attempts to keep the business up and running rather than liquidate individual assets; however, it’s unclear at this time if [...]
Strategic Default will get you "locked out" by Fannie Mae
In a strategic move, some homeowners have decided to walk away from their homes even though they could still afford the payments. They simply decide that their value is too low and they either short sale or allow the bank to foreclose. Fannie Mae, making a clear statement, announced Wednesday that they will “lock out” [...]