Foreclosure Case Study: Unprepared Borrower Ill-Equipped to Handle Project
Lender emerges with break-even scenario at best. The information contained in this case study analyzes several aspects of a residential foreclosure. All confidential borrower information has been redacted from the case study to protect the borrower’s privacy. The borrower purchased the subject property from a private seller for $260,000. The borrower planned to spend $40,000 [...]