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Selling Forfeited Homes for the Feds: Why, Where and to Who?
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While the practice of law enforcement seizing personal property—real estate or otherwise—remains highly controversial, with plenty of criticism focused on overreach and abuse, the process of selling these homes—most of which are not multi-million dollar mansions—creates a unique and fascinating niche for brokers and agents...
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When you use a mortgage to buy a home, if you have less than 20% down, the lender will require you to pay private mortgage insurance (PMI). PMI protects the lender against the risk of the borrower defaulting and entering foreclosure...
