Fort Bend County homeowners sued the appraisal district for violating the new state low that mandates foreclosures be included in assessing the value of their homes for taxes. The law was pushed by those who feared appraisers were ignoring foreclosures to protect the tax base of government entities. Fort Bend, Montgomery and Harries counties have [...]
Foreclosure Support published a new report regarding the second quarter foreclosure market analysis. According to the latest report bank repossessions hit the highest level since the crisis began, reaching the number of 269,962 properties. This figure is up 5% from the first quarter and 38% from the second quarter of 2009. John Clark, Foreclosure Support [...]
Alvin Mark Elland, 45, Houston, Texas is the former owner of Future Mortgage Company Inc. He was proceeding to trial earlier in 2010 after he pleaded not guilty to theft changes from his claimed role in a mortgage fraud scheme. The trial is set to begin August 31, this year. Elland and Ming Shan Zhu [...]
We are a nationwide network of real estate, financing and legal professionals with a mission to improve the efficiency of short sales and create a win scenario for all parties involved. We are closely monitoring the laws and regulations and promoting anti-scam and anti-fraud communications from various government organizations.
Both home buyers and home builders took advantage of the federal tax credit in the second quarter of 2010. This helped out the housing market in Houston which is still reeling from the thousands of foreclosures that have caused the decline of property values in the last couple of years. With buyers and builder taking [...]
The case of the 81 year old widow, Wenonah Blevins might sound familiar for many, who live in Houston. She had fallen behind by $814.50 on HOA (Homeowners Association) assessments in her Houston subdivision. HOA foreclosed the lien on her property without her knowledge and her $150,000 home for only $5,000 in 2001. This case [...]
Houston continues to struggle with increased home foreclosures and just as more people need help, it appears more scams are cropping up from companies promising foreclosure relief, but what the do is they make things worse. Loan modification is very hard to obtain when you are having financial problems. Homeowners need lots of time and [...]
