Real estate blog entries tagged with reo by Jennie L. James (RealEstate.com Realtors)

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

Home : Blogs : Jennie L. James : Jennie L.'s Blog : Tag "reo"

reo: Foreclosures and Short sales - 10/04/08 10:32 PM

In the current Tucson real estate market there are an abundance of short sales and foreclosures. The most common reasons that homeowners are going into foreclosure is that they bought the home a few years ago, and then the market went up dramatically, so during that time they refinanced their home. Then the so-called bubble burst and prices started to drop. So, now the homeowner owes more for the home than it is worth, and some things happen were they can't pay the mortgage. A short sale is when the owner of a property sells it for less than they owe with … (0 comments)

Related Links:

Jennie L. James

Tucson, AZ

More about me…

RealEstate.com Realtors

Cell Phone: (520) 440-0357

Email Me

Jennie James' Tucson Real Estate Blog including community information and global awareness.

Links

Archives

Find AZ real estate agents and Tucson real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.