Real estate blog entries tagged with reo by Benjamin Clark - Exclusive BUYER'S AGENT - Certified Negotiation Expert

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reo: Utah Housing and Mortgage Trends Compared to Other States - 10/26/11 02:26 PM

U.S. Housing and Mortgage Trends
(Source: October 2011 report by CoreLogic)
The homeownership rate is down... almost 10% compared to the homeownership rate in 1980. The median household income is down... (lowest level since 1996) Both renters and owners are spending a greater percentage of their income on housing costs (over 1/3 of … (0 comments)

reo: Bailouts Bids Benefit Banks but Borrowers Being Abandoned - 10/01/08 03:03 PM

Why are we bailing out the banks when consumers were duped into the cruddy loan products the banks sold them...? (At least some of them were "up-sold" the ARM or some other ridiculous loan, perhaps with an inflated Debt/Income ratio as an added bonus?) Why should businesses be saved when consumers … (7 comments)

reo: The Foreclosure Process in Utah - 04/12/08 12:00 AM

FYI, Here is the information regarding Utah's Foreclosure Process from the Lundberg & Associates website: (Bold, Italics and Underline added by me)
My comments follow below.
FORECLOSURE PROCESS
The foreclosure process normally begins when the borrower becomes delinquent. Delinquent status depends on the terms of the Note, the lender's internal policies and the requirements … (3 comments)

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Benjamin Clark - Exclusive BUYER'S AGENT - Certified Negotiation Expert - SLC, UT

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