| |
Philadelphia Metropolitan Board of Realtist present 
HomeOwners/ HomeBuyers
Relief Initiative
WHEN:May 30, 2009
TIME:9:00 am-1:00 pm
WHERE:Mt. Carmel Baptist Church
5732-36 Race Street
Philadelphia, PA 19139
Free Giveaways, Prizes, Light Refreshments
WHO SHOULD ATTEND
- ANYONE who is at risk of losing their home to foreclosure
- ANYONE is interested in learning the steps needed for homeownership
- ANYONE interested in learning about ReverseMortgages
www.PreventPhillyForeclosures.com
Philadelphia Homeowners Offered Education and Relief
 
State Representative Jewell Williams Joins with Philadelphia Metropolitan Board of Realtist to Announce City-wide Homeowner Foreclosure Initiative
PHILADELPHIA, PA, - In light of the distress in the housing market, the Philadelphia Metropolitan Board of Realtist (PMBR) and NID-Housing Counseling Agency (NID-HCA) of Philadelphia are planning a one-day prevention workshop to educate Philadelphia residents currently at risk of losing their homes. Joining the effort is State Representative Jewell Williams, who has pledged his support.
PMBR is the local chapter of The National Association of Real Estate Brokers, the nation's oldest minority trade association, whose goal is to ensure that all citizens have the right to equal housing opportunities under the law.
Foreclosure Prevention Awareness Day, is scheduled for Saturday, May 2, 2009 at 1:30PM at the Lonnie Young Recreation Center 1100 E. Chelten Avenue- Philadelphia, PA
Expected in attendance are Candis Pressley-Blackwood of Trinity Real Estate and president of PMBR, along with vice president Derrick Jackson. Pressley-Blackwood also spearheads the local NID-HCA as a Certified Housing Counselor and will represent their interests during the one-hour press announcement. Also in attendance will be State Representative Jewell Williams of the 197th Legislative District.
"We remain hopeful that the housing market will stabilize itself in the coming months," Pressley-Blackwood, who was named 2008's 30 Under 30 REALTORS® by the National Association of Realtors ® shared. "In the meantime, we will do our part to educate and support residents, and everyone who will listen."
For more information, call 267-385-7624
Ever considered a career in Real Estate? Enroll in our Pre-Licensing classes starting January 26, 2009 in convenient Mount Airy- Philadelphia, PA at the Real Estate Learning Annex. Visit www.RealEstateLearningAnnex.com or call 215-525-0138. We have convenient payment options available. Seating is limited so don't delay. Classes are held twice a week on Mondays and Wednesdays. All Instructors are seasoned Real Estate Brokers. If you're on the fence about entering the Real Estate business consider this: There is always a need for housing and Real Estate is the backbone of our economy.
Also, the Pennsylvania Real Estate market has been very stable. For instance, in Philadelphia the average sales price of a home was $185,000 in 2007 and in 2008 the average sales price was $180,000. I love being in the Real Estate business and the various opportunities it has afforded me. Right now, as an expert in my field I have increased my education efforts not only for myself as the consummate Real Estate professional but I have also re-focused my efforts on educating consumers so they can make informed decision on buying a home. I have found this quite necessary with the many challenges in obtaining financing. I encourage you to attend our classes so you can become licensed. We will soon offer online pre-licensing courses as well as Continuing Education courses. EDUCATION IS THE KEY. Email me or call me if you have any questions
Food for thought: Up is the movement towards possibilities.
Candis Pressley-Blackwood Director, Real Estate Learning Annex 3212 W Cheltenham Avenue Philadelphia, PA 19150 215-525-0138 www.RealEstateLearningAnnex.com
|
Nationwide Agent Network
|
 |
Candis Pressley-Blackwood Trinity Real Estate 3212-16 W. Cheltenham Ave, Philadelphia, PA 19150 "Trinity Real Estate "Your Realtors For Life" My business philosophy is to treat each & every client as if they are the only clients we have. My goal is to provide prompt, professional service and keep" |
Phone: 215-381-0774 Email: candis.pressley@trinityrealestate.net |
| November 2008 Vol 2 Issue 24
|
| 6 month Pennsylvania Foreclosure Trends |
 |
|
|
Search for Investment Properties>
|
PENNSYLVANIA FORECLOSURE ACTIVITY DOWN 4 PERCENT IN OCTOBER
Foreclosure filings were reported on 4,005 Pennsylvania properties in October, a decrease of 4 percent from the previous month, but still 26 percent above the level reported for October 2007, according to the latest RealtyTrac® U.S. Foreclosure Market Report. "Foreclosure filings decreased slightly in Pennsylvania between September and October, though activity remains elevated compared to the same time last year," said James J. Saccacio, chief executive officer of RealtyTrac. "Though the threat of unemployment looms, the Keystone State's economy is fairing better than the nation, largely because its construction sector is still experiencing a boom." Complete Story |
|
Need A Mortgage? Forget Banks
By Peter Miller
You might think that after the government gave the nation's nine largest banks $250 billion that new mortgages would be as common as tree pollen. Unfortunately, banks are hoarding their federal money in large measure to bolster their own balance sheets and potentially to buy other banks. "The banks could use the money from the government for any number of things," says The New York Times. "Some analysts say the banks may use it to acquire weaker competitors. Others say they might use it to avoid painful cost-cutting. And still others say the banks may sit on the capital." Complete Story
|
Here are some of the most recent Investment opportunities in the area.
 |
 |
 |
Pre-Foreclosure |
Sherwood Rd
Philadelphia,
PA 19131 |
- Market Value
- Default Amount
- N/A
- N/A
- Beds/Bath
- Sq. FT
- 0/0
- 1,352
 |
Property TypeAddressMarket ValueDefaultSq. Ft.
 Bank-Owned |
Lansdowne Ave,
Philadelphia, PA 19131 |
$80,000 |
N/A |
0 |
GET DETAILS |
 Auction Auction Date: 12/19/08 |
Macdade Blvd,
Darby, PA 19023 |
N/A |
N/A |
0 |
GET DETAILS |
View more properties in Philadelphia County |
 |
|
|
|
|
Did Foreclosures Change The Presidential Election?
If you want to know how the 2008 presidential election was won you need to look no further than the nation's biggest foreclosure centers. Seven of the top 10 foreclosure states voted Republican in the 2000 and 2004 presidential elections. This time around the Democrats captured eight of the top 10 foreclosure states. The difference in terms of electoral votes is significant. In the 2000 and 2004 presidential elections today's 10 leading foreclosure states produced 97 electoral votes for George Bush and 87 votes for Al Gore (2000) and John Kerry (2004) In 2008 the top-10 states generated 159 electoral votes for Obama - and just 25 for McCain. Complete Story
|
Foreclosure Trends : September, 2008
NationalPennsylvaniaPhiladelphia CTY
NODs
| 32,599 |
0 |
0 |
NTSs
| 56,320 |
11 |
4 |
NFSs
| 24,373 |
1,364 |
297 |
LISs
| 54,573 |
1,439 |
487 |
REOs
| 80,137 |
1,335 |
173 |
 |
|
 |
 Notice of Default (NOD)A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD |
| Lis Penden (LIS)Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process. More about LIS |
| Auction / Notice of Trustee's Sale (NTS)A filing by notice announcing a public auction. More about NTS |
| Notice (Judgment) of Foreclosure Sale (NFS)An order signed by a judge directing to sell the property at public auction. More about NFS |
| Real Estate Owned (REO)The final step in foreclosure process in which property ownership returns to lender. More about REOs |
|
| |
30 yr fixed mtg |
5.97% |
15 yr fixed mtg |
5.74% |
5/1 ARM |
5.86% |
|
|
|
Please do not reply to this e-mail. Replies to this e-mail will not be responded to or read.
To contact us, click here.
The information in this e-mail is provided solely for informational purposes and does not constitute an offer by RealtyTrac Inc. to sell, rent or lease real estate. RealtyTrac Inc. disclaims any warranties or representations concerning the information contained in this email. RealtyTrac Inc. does not guarantee the accuracy of the information contained in this e-mail and instructs you to independently verify the accuracy of the information provided. All intellectual property rights are retained by their owners. This e-mail contains advertisement(s).
In purchasing the Market Trends e-Newsletter, you are also agreeing to maintain an up-to-date mailing list. In accordance with the CAN-SPAM Act, do not distribute (via email, mail or fax) the Market Trends e-Newsletter to anyone who has expressed or implied to be removed from your distribution list. As you are the distributor of this newsletter to your clients, it is your responsibility to determine if you are compliant with the CAN-SPAM Act.
|
Copyright (c) 1996 - 2008 RealtyTrac Inc. 1 Venture Plaza 300, Irvine, CA 92618
All rights reserved. Terms and Conditions Privacy Policy |
|
|
|
Nationwide Agent Network
|
|
Candis Pressley-Blackwood Trinity Real Estate 3212-16 W. Cheltenham Ave, Philadelphia, PA 19150 "Trinity Real Estate "Your Realtors For Life" My business philosophy is to treat each & every client as if they are the only clients we have. My goal is to provide prompt, professional service and keep" |
Phone: 215-381-0774 Email: candis.pressley@trinityrealestate.net |
| October 2008 Vol 2 Issue 22
|
| 6 month Pennsylvania Foreclosure Trends |
|
|
|
Search for Investment Properties>
|
PENNSYLVANIA FORECLOSURE ACTIVITY DOWN 15 PERCENT IN SEPTEMBER
Pennsylvania reported 4,189 properties with foreclosure filings in September, a 15 percent decrease from the previous month but 10 percent ahead of the level reported for September 2007, according to the latest RealtyTrac® U.S. Foreclosure Market Report. "Although Pennsylvania foreclosures decreased in September, the numbers are still up from this time last year," said James J. Saccacio, chief executive officer of RealtyTrac. "Statistics show that the state's home sales decreased further than the national average during the past year. This, in addition to the overall decline in the housing market, is likely contributing to the rise." Complete Story |
|
The Government Goes After Loan Officers
By Peter G. Miller
Few mortgage loan officers or underwriters have been held responsible for mortgages that turned sour, in some measure because blame is often difficult to establish. The result is that fees and commissions earned during the past few years have been virtually untouched, even as substantial numbers of lenders, investors and borrowers have failed. Now the immunity enjoyed by lenders may be at an end. A new and surprising player is looking at failed mortgages, and looking in a way which may suggest that many loan officers will have to pay up. Complete Story
|
Here are some of the most recent Investment opportunities in the area.
 |
|
|
Pre-Foreclosure |
W Montgomery Ave
Philadelphia,
PA 19131 |
- Market Value
- Default Amount
- $45,000
- N/A
- Beds/Bath
- Sq. FT
- 0/0
- 0
|
Property TypeAddressMarket ValueDefaultSq. Ft.
| Pre-Foreclosure |
Pennsgrove St,
Philadelphia, PA 19131 |
N/A |
N/A |
0 |
GET DETAILS |
| Bank-Owned |
N Creighton St,
Philadelphia, PA 19131 |
$3,900 |
N/A |
0 |
GET DETAILS |
View more properties in Philadelphia County |
|
|
|
|
|
Is Now The Time To Buy Foreclosures?
Assets worth trillions of dollars have been wiped out in the past year, and it's difficult to look at investing in stocks or property and not wonder makes sense in such troubled times. It's often said that some of the most successful investments have been made by going against the grain, by selling when most are buying and vice versa. In the context of foreclosures, going against the grain now would mean buying while others are selling. Is there any sense to such a strategy? Not a guarantee of profits, but some lucid and reasonable case for such purchases? Complete Story
|
Foreclosure Trends : August, 2008
NationalPennsylvaniaPhiladelphia CTY
NODs
| 61,892 |
0 |
0 |
NTSs
| 69,693 |
25 |
3 |
NFSs
| 24,234 |
1,777 |
452 |
LISs
| 57,156 |
2,197 |
1,013 |
REOs
| 90,893 |
922 |
134 |
|
|
|
| Notice of Default (NOD)A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD |
| Lis Penden (LIS)Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process. More about LIS |
| Auction / Notice of Trustee's Sale (NTS)A filing by notice announcing a public auction. More about NTS |
| Notice (Judgment) of Foreclosure Sale (NFS)An order signed by a judge directing to sell the property at public auction. More about NFS |
| Real Estate Owned (REO)The final step in foreclosure process in which property ownership returns to lender. More about REOs |
|
| |
30 yr fixed mtg |
6.20% |
15 yr fixed mtg |
5.88% |
5/1 ARM |
6.19% |
|
|
|
Support NAR's Four-Point Housing Stimulus Plan
 |
|
|
Tell-a-Friend!
;)
Links;)
Archives
