Housing News: Short Sales News: Newark teen is charged with drug, weapons offenses

Newark teen is charged with drug, weapons offenses - Bridgeton News

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MORTGAGE PRINCIPAL REDUCTION

Aristide Economopoulos/The Star-Ledger An aerial photo of the city of Newark in this file photo. NEWARK -- A Newark teen was charged with multiple drug and weapons offenses after Essex County Sheriff’s Officers seized 800 decks of heroin and a ... More

Posted: Thu, 11 Mar 2010 23:17:00 GMT

Comments

August 7, 2009, 4:07 pm

RE: Real estate agents are offering another solution to foreclosure - Corpus Christi Caller

Distressed Debt Valuation Methodology. I am trying to understand how buyers and sellers are valuing distressed debt. Is it using the DIV approach from years ago?

Eric - Boston Area

August 5, 2009, 10:09 am

RE: Home sellers frustrated as short-sale deals collapse - MyCentralJersey.com

Looking for folks with residential and commercial mortgage notes that would like a discount between 30% - 50%? This is the one time "To Good To Be True" is actually TRUE. We at Taurian Worldwide Inc (TWI) have the ability to offer this. The magic bullet is that TWI has decided to give some of the discount they get when they buy the notes, back to the consumer. Ex. You have a $200,000 mortg note. they buy it at 10 cents on the dollar. They restructure it and give it back to you with a 30% discount for a total of $140k with 0% interest fixed over 15 years. You can become a rep for TWI by going through their 1 day training in order to become certified. They give reps 50% discounts on their own loans and if you sell the property, they give you an additional 50% discount off the payoff amount. This can be huge!!!!! Remember, this can be done for commercial, residential, credit cards, car loans, student loans, judgments, liens etc. TWI is also selling this as a franchise so if you like the process, you can ultimately purchase your own franchise as well.

Brian - West Palm Beach, Florida

August 5, 2009, 10:07 am

RE: Home sellers frustrated as short-sale deals collapse - MyCentralJersey.com

Is there anything that can be done to delay the foreclosure process. My seller has an auction date set for Aug 13th. The BPO was done today.(08/04) Any advice would be appreciated.

Todd - West Palm Beach, Florida