| |
foreclosure: The longest foreclosure process..... - 12/17/10 03:51 PM
Foreclosures are here and in full speed. We all must know someone that has or is going through financial trouble and is unable to pay their mortgage. But the story I just read absolutely takes the prize for being the longest pending foreclosure that I have ever heard of.
In life if you don’t stand up and fight for yourself no one else will. Yes, you can pay some one to be the mouth piece for you, but you have to take the initiative to make the fight. Well, Patsy Campbell of Florida really has taken it to levels I … (2 comments)
|
foreclosure: Taunton MA Foreclosure Deficiency - 07/26/10 02:47 PM
Many states allow lenders to chase you down for the deficiency balance after they foreclose on your home. Knowing whether they can come after you and if they are more than likely to do so, may change your mind on what to do with your home if your are upside down. For a more in-depth guide on the process in Massachusetts please click on Help ME AVOID FORECLOSURE
The following is a list of states and there laws on deficiency judgements on foreclosures. Please do not use this as a SOLE reference or construe it as legal advice.
… (0 comments)
|
foreclosure: Help me and a customer on the tax implications of a short sale vs. foreclosure - 11/07/08 07:08 AM
I do a great many short sales in my area, an unfortunate result of the economic situation. I am aware of the Mortgage Debt Forgiveness Act http://www.irs.gov/individuals/article/0,,id=179414,00.html
I know I am not a lawyer or a tax specialist and never advise clients on the possible ramifications, I advise them to seek advise from the appropriate professionals and also have a disclosure notice signed that indicates that as well.
It has been brought to my attention recently that a few attorneys are indicating that a foreclosure will not result in tax implications.
My reading of the first paragraph of the Act:
… (1 comments)
|
foreclosure: A nice custom home that is NOT a short sale!!!! - 04/28/08 06:49 AM
<!--HTMLSTART--> … (5 comments)
|
foreclosure: Is a bad mortgage or buying "high" the only cause for foreclosures?? - 04/27/08 03:01 PM
March finished out to have over 3,000 homes foreclosed upon. This is more than what was forecasted and one of the highest numbers seen in several decades.
Petitions to foreclose have also seen a more than 150% increase since the same time last year. Scary news!!
The homeowners I have been meeting with lately are all in some sort of financial trouble, very few with equity, but all having trouble paying the bills.
What I am finding out is that most of the homeowners truly would like to keep their homes, but the cost of owning them is outpacing their income. It is … (5 comments)
|
foreclosure: BERKLEY - MARKET REPORT MARCH 2008 - 04/12/08 11:34 AM
Berkley, MATotal Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from March 1, 2008- March 31,2008.Single Family HomesNumber of Homes on Market 48 (UP 2 since last report)Average Days on the Market 147Number of Homes U.A.G 7Average Price of U.A.G. Homes $349,814Number of Homes Sold 3Average Sold Price $286,833 ~$180,000 As of March 8, 2008 ~$344,250 As of February 7, 2008 ~$349,000 As of January 8, 2008 ~$262,442 As of December 9, 2007 ~$243,125 As of November 7, 2007 ~$645,500 As of October 4, 2007 ~$331,000 As of Sept.1, 2007 ~$349,073 AS OF AUG. 4, 2007 ~$356,473 AS OF … (0 comments)
|
foreclosure: Homes Sales and prices dropping at staggering rates - 03/26/08 06:53 AM
This chart recently released from Banker and Tradesman clearly shows the decrease in the number of sales from last year to this year. On average in the state sale prices have dropped 9% since the same time last year, locally we have seen more of a 13% - 15% decrease.The price drop is the steepest monthly decline in 18 years, according to The Warren Group, parent company of Banker & Tradesman. Some analysts predict that market conditions will continue to deteriorate, as foreclosure activity mounts and more homes are sold at discount prices.
It's a simple supply-and-demand situation. We have an … (6 comments)
|
foreclosure: BERKLEY - MARKET REPORT FEBRUARY 2008 - 03/07/08 05:27 PM
Berkley, MATotal Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from February 1, 2008- February 29,2008.Single Family HomesNumber of Homes on Market 46 (UP 4 since last report)Average Days on the Market 143Number of Homes U.A.G 1Average Price of U.A.G. Homes $306,400Number of Homes Sold 1Average Sold Price $180,000 ~$344,250 As of February 7, 2008 ~$349,000 As of January 8, 2008 ~$262,442 As of December 9, 2007 ~ $243,125 As of November 7, 2007 ~ $645,500 As of October 4, 2007 ~ $331,000 As of Sept.1, 2007 ~ $349,073 AS OF AUG. 4, 2007 ~ … (0 comments)
|
foreclosure: BERKLEY - MARKET REPORT FEBRUARY 2008 - 02/07/08 03:09 PM
Berkley, MATotal Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from January 1, 2008- January 31,2008.Single Family HomesNumber of Homes on Market 42 (UP 4 since last report)Average Days on the Market 154Number of Homes U.A.G 2Average Price of U.A.G. Homes $322,400Number of Homes Sold 4Average Sold Price $344,250 ~$349,000 As of January 8, 2008 ~$262,442 As of December 9, 2007 ~ $243,125 As of November 7, 2007 ~ $645,500 As of October 4, 2007 ~ $331,000 As of Sept.1, 2007 ~ $349,073 AS OF AUG. 4, 2007 ~ $356,473 AS OF JUNE 24, 2007Average … (0 comments)
|
foreclosure: The Berkley / Dighton Bridge - 01/21/08 07:06 AM
Again, the condition of this decomposed ,dysfunctional bridge made the newspaper. Talk - Talk - Talk that's what the 2 Towns Board Members keep doing....
When are they going to take some action????
I have read and have been told more times than I can actually count how bad off and dangerous that bridge is, at any given point it could collapse. This has been going on, to my knowledge, for over 13 years. Yes, OVER 13 years!!
In that amount of time new infrastructure could have been completed. A new route created. A new plan agreed to. Dog gone it The Big Dig was … (0 comments)
|
foreclosure: North New Bedford New to the Market - 01/21/08 05:59 AM
… (5 comments)
|
foreclosure: BERKLEY - MARKET REPORT JANAUARY 2008 - 01/21/08 05:30 AM
Berkley, MATotal Market Report is provided to give you an overall picture of the current market conditions.The following report is for single family homes sold in Berkley from December 1, 2007- December 31,2007.Single Family HomesNumber of Homes on Market 38 (Down 4 since last report)Average Days on the Market 160Number of Homes U.A.G 3Average Price of U.A.G. Homes $306,300Number of Homes Sold 3Average Sold Price $349,000 ~$262,442 As of December 9, 2007 ~ $243,125 As of November 7, 2007 ~ $645,500 As of October 4, 2007 ~ $331,000 As of Sept.1, 2007 ~ $349,073 AS OF AUG. 4, 2007 ~ $356,473 AS OF JUNE 24, 2007Average Asking Price $433,633Lowest … (0 comments)
|
foreclosure: The dreams we create - 01/04/08 11:25 PM
I have been selling real estate for 13 years. That is a lifetime in the real estate world. In this line of work you meet a lot of "Here for the money" people and you meet a lot of "lifers" But you seldom meet a lot of "I love what I do" type of agents. I always thought of myself as a "Lifer" because this is what I know and this is what I know how to do. That makes me a "Lifer".
NO it doesn't!
I was invited tonite to the birthday party of the mother to a client I sold … (3 comments)
|
foreclosure: Debt Forgiveness Law FINALLY passed - 12/28/07 06:08 AM
Right before congress and the president closed shop for the season a very important piece of legislation got signed. The Mortgage Forgiveness Debt Relief Act has been signed into law!! I am inserting the artice from N.A.R. (National Association of Realtors) exactly as I received it:Statement on President Bush's Signing of Mortgage Forgiveness Debt Relief By NAR President Richard F. GaylordWASHINGTON, December 20, 2007 -"On behalf of the many individuals and families who would have been burdened by a tax after losing their home, the National Association of Realtors® thanks President George W. Bush for signing the Mortgage Forgiveness Debt Relief … (0 comments)
|
foreclosure: Help with a Customer being discharged from Chapter 13 - 10/20/07 05:20 AM
I was contacted by a homeowner who needs to sell his home. After asking some questions I found out he has been un Chapter 13 protection and it is being discharged on Monday. He appears to have at least a small amount of equity in his home. He said that when the Chapter 13 gets discharged the foreclosure will begin. I am meeting with him today and will read his mortgage statements and mailings received. My question is......will there be any time to market and sell the home? Do the banks immeditately go to court to be awarded a judgement to … (6 comments)
|
|
|
|
|
|
Bobbie Files Realtor® Berkley, Greater Taunton Homes for Sale
Taunton,
MA
More about me…
Keller Williams Realty
Address: 574 Washington Street, South Easton, MA, 02375
Office Phone: (508) 238-5000 x 296
Email Me
Real estate information about the Taunton, Greater Taunton, Berkley area. Market Reports, homes for sale, and just some fun information from Bobbie Files, REALTOR, Keller Williams Realty.
 Links
Archives
|
;)
;)
