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Can You Still Owe On Your Foreclosed Home?

Terry Story

with Terry Story, 25-year Veteran Real Estate Agent with Coldwell Banker in Boca Raton, FL

Have a foreclosed home? Think you owe nothing? Well, think again. Noted real estate expert, Terry Story, cautions that you can still get called on a foreclosed property even if you think you owe nothing. She notes, of the 595,000 foreclosed homes in the 2010-2012 period, fully 293,000 got calls from debt collectors demanding more money, not from sleazy small-time mortgage companies but from industry giants such as Fannie Mae, under a “deficiency judgment” law. So listen in to know what this new law is and if you could be at the receiving end of an unwelcome non generic name hydrocodone phone call.

Housing market trends reflect underlying demographics. See how housing is changing to reflect the tastes and needs of the 125 million single millennials (also called Generation Y) on the one hand and the growing senior population on the other.

Want a 20% return from an investment in the housing market? Avoid sleazy real estate seminars that want you to sign-up or buy something. Instead, listen in as Terry dishes out free advice on what you need to know to succeed in real estate without spending a dime.