Fleysher Law Blog

Lenders are granting non-U.S. resident’s better access to credit in order to finance investment properties or vacation homes. This is being done through a foreign-national mortgage without them ever having to step in the U.S. This loan services for people abroad requires that they put at least 40 percent down on a property. These international investors are assisting close the gap left by the American people. The domestic investors are

The increase in home prices has begun to slow down due to less interest from investors. In a seasonally adjusted basis, during the month of June, property prices only rose 0.1 percent, according to the Federal Housing Finance Agency as opposed to the estimated 0.5 percent that was predicted by data gathered by Bloomberg. After helping to drive prices up, investors are now pulling back due to a decrease in

The U.S. bankruptcy trustees have initiated a developmental program that could drastically quicken the sale process of home by Fannie Mae, Freddie Mac and other major lenders. Instead of allowing properties to sit on the sidelines while the bankruptcy process plays out, the program would cut years off the sale of said properties and received compensation from sold properties to repay unsecured lenders. The concept is to keep the property