Can the Mortgage Crisis Happen Again

  You might remember the subprime mortgage crisis that began around 2007 and might be wondering to yourself if that could ever happen again.  I have been reading and researching lately about mortgage default rates and trends which leaves me wondering if the United States could ever have a mortgage crisis like the one [...]

By | 2017-07-17T19:32:31-04:00 June 27th, 2017|Bike Homes Information|Comments Off on Can the Mortgage Crisis Happen Again

Did you know you could lose your house if you don’t pay your water bill?

Some of you may recall that last week we talked about HOAs taking advantage of Mortgage servicers and how we need to make sure we include HOA fees as part of our due diligence process.  Well, that really got me thinking and hence wondering how utility liens affect our process of note investing.  So, naturally, [...]

By | 2017-07-17T19:55:00-04:00 June 19th, 2017|Bike Homes Information, Due Diligence|Comments Off on Did you know you could lose your house if you don’t pay your water bill?

HOA Fees and Due Diligence

As a note investor, we are always performing due diligence when we are preparing to bid on assets.  We at Bike Homes, have a comprehensive process we use when we do our due diligence process.  I recently read an article on DSNews about Home Owner’s Associations (HOAs) that are taking advantage of mortgage servicers that [...]

By | 2017-07-17T19:55:43-04:00 June 14th, 2017|Bike Homes Information, Due Diligence, Mortgage|Comments Off on HOA Fees and Due Diligence