Summary Box: Foreclosures grow more slowly (AP)
AP - FORECLOSURES UP: Foreclosure listing service RealtyTrac says the number of households facing foreclosure last month grew 6 percent from a year ago.
Tag Archive | "foreclosure"
Report: Fewer people falling behind on home loans (AP)
Friday, February 19, 2010
AP - The number of borrowers falling behind on their mortgage payments dropped sharply at the end of last year, a sign the foreclosure crisis is beginning to ebb.
Purchasing Foreclosed Property - Pros and Cons
Monday, February 8, 2010
Even if you know that your financial situation is pretty solid, you may realize that purchasing foreclosed properties has an avalanche of risks. The risks do vary based upon the foreclosure stage wherein you try to buy foreclosed properties. In shopping for a foreclosed home, it is also important to note what rocks your boat concerning properties. Indeed, there are several pros and cons when purchasing foreclosed properties in a common foreclosure process.
Middle-class NYC housing complex to be sold (AP)
Thursday, February 4, 2010
AP - A judge has ordered the foreclosure sale of the historic Riverton Houses, a middle-class Harlem apartment complex that plummeted in value amid the housing downturn.
The PMI Factor - How PMI Compensation Affects the Bank’s Decision to Short Sale a Property
Monday, December 28, 2009
Today, many buyers are looking to purchase a home through the short sale process and have concerns about how PMI will impact this sale. The problem with a short sale on a property with PMI is that often the lender can get more money from the foreclosure of the house than they would through a short sale.
10 Things to Know About Real Estate in 2010 (U.S. News & World Report)
Monday, December 21, 2009
U.S. News & World Report - Is 2010 the year to buy a house? It certainly looks that way: After a steep run-up in prices during the first half of the decade, home values have plummeted back to 2003 levels. Fixed mortgage rates are sitting near record lows. And the foreclosure epidemic--while painful for many home owners--has created some wonderful opportunities for bargain hunters. If that's not enough, Uncle Sam is handing out thousands of dollars in tax credits to nearly all first-time buyers and the bulk of existing home owners who close a purchase by June.
10 Things to Know About Real Estate in 2010 (U.S. News & World Report)
Monday, December 21, 2009
U.S. News & World Report - Is 2010 the year to buy a house? It certainly looks that way: After a steep run-up in prices during the first half of the decade, home values have plummeted back to 2003 levels. Fixed mortgage rates are sitting near record lows. And the foreclosure epidemic--while painful for many home owners--has created some wonderful opportunities for bargain hunters. If that's not enough, Uncle Sam is handing out thousands of dollars in tax credits to nearly all first-time buyers and the bulk of existing home owners who close a purchase by June.
Finding Private Money is Easier Then You Think
Thursday, December 17, 2009
Is having cash what is holding you back from taking your foreclosure investing business to the next level? It really should not be, if you look and ask around you will find that there is a lot of private money just waiting for you!
Gov’t mortgage plan provides little permanent help (AP)
Thursday, December 10, 2009
AP - The Obama administration's embattled mortgage relief plan has provided permanent help to only 4 percent of borrowers who have signed up, weak results that could threaten the housing market's recovery.
Gov’t mortgage plan provides little permanent help (AP)
Thursday, December 10, 2009
AP - The Obama administration's embattled mortgage relief plan has provided permanent help to only 4 percent of borrowers who have signed up, weak results that could threaten the housing market's recovery.
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Thursday, March 11, 2010
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