Members: 112,835 - 3,442 Online Now
 

Blog entries tagged with "foreclosure":


foreclosure: Are Foreclosures Becoming the New Haunted Houses? - 10/05/08 11:55 PM

I received the above cartoon in an email earlier today, and it got me thinking about foreclosures in Colorado Springs and the extended effect it has on our lives. I started thinking about the ripple affect of foreclosures in our community...
First, foreclosure will directly affect the homeowner who lost … (2 comments)

foreclosure: The Rescue Plan Could Save Our Housing Market - 10/05/08 08:43 PM
Even Boulder Colorado is struggling in our current economic state. In relation to real estate, my customers are worried. Clients are telling me that they feel the strain on their pocketbooks. Buyers fear loan rejection and homeowners are pricing their homes low in order to sell. Can the recently passed Economic … (0 comments)

foreclosure: Elkhart, Indiana, What is The Bank Looking For In A Short Sale? - 10/05/08 05:58 PM
Short Sales and Foreclosures in Elkhart, Indiana are on the rise, as a matter of fact short sales in Elkhart County,Indiana and foreclosure filings have sky rocketed.  You have probably seen them in the newspaper, page after page after page.
Are you behind in your mortgage payments and do not know what your … (0 comments)

foreclosure: Bel Air, MD REO Market Report? - 10/05/08 05:14 PM
Is there a rule that I don't know about regarding marketing REOs?
 
I have not seen one REO marketed with a virtual tour. 
I have yet to see more than 1 photo on an REO in the MLS.
Many REOs have no picture in the MLS at all.
Many REOs … (3 comments)

foreclosure: New Listing: 417 Brown St Unit 30 South Attleboro MA - 10/05/08 04:30 PM

Very well cared for garden style unit. Living room has cathedral ceiling with skylight and brick fireplace. Two bedrooms on the main level Bright and cheery galley kitchen with plenty of counters and cabinets- fully applianced. Also in the basement is a 22x14 family room plus a 15x11 office/bedroom. Unfinished … (0 comments)

foreclosure: One Pre-Auction Home Under Contract, Two to Go-York South Carolina - 10/05/08 04:22 PM

In a previous blog, I talked about three homes built by Shea that were going to be auctioned.
I was unsure of having them auctioned off or not but it doesn't look like we will get that far.
One of the three homes are under contract.
The two others have … (0 comments)

foreclosure: Spellbinding Consequences of the National Crisis - on a Personal Level - 10/05/08 01:00 PM
The national bailout/Rescue Plan is now law. Wall Street can begin its upward ascension. Perhaps it won't be business as usual, that remains to be seen.
However, for the people on main street, not much has changed.In a number of instances due to circumstances beyond their control, many still find their … (0 comments)

foreclosure: "I Want to Do a Short Sale" Says the Seller - 10/05/08 12:12 PM
 
Wendy Rulnick makes some great points in this post.  The drawbacks vs. benefits should be explored and analyzed fully before making a decision to pursue a short sale.  I would also add:  what is the average market time in your area?  If it is greater than 90 days and the … (4 comments)

foreclosure: Get a Deal on a Home in Central Florida - www.SKIPtheBULL.com - 10/05/08 09:46 AM
 I will find you a great deal and a great loan - why wait?
The same consideration should be given to hiring a REALTOR & Mortgage Broker as hiring any other professional. When I look for a doctor, accountant or attorney, I want someone that is well educated, has experience, ethics … (0 comments)

foreclosure: DON'T GET STUCK WITH TWO MORTGAGES - 10/05/08 09:06 AM
 
(3 comments)

foreclosure: SMALL AND POPULAR vs BIG AND NOT - 10/05/08 09:00 AM
 
(0 comments)

foreclosure: Broward County Foreclosure Listings - 10/05/08 07:34 AM
 
(0 comments)

foreclosure: Hope for stressed homeowners (Loan Modification) - 10/05/08 01:38 AM
 

At M3 Legal Services our slogan "Making Homeownership Enjoyable Again" is something we take serious.
We understand that an adjusting rate leading to skyrocketing payments with the inablilty to refinance because you are upside down followed by repeated collection calls from your lender is causing you must stress.
Maybe … (5 comments)

foreclosure: Breaking down the credit crisis... - 10/05/08 12:57 AM
Breaking down the credit crisis...
Courtesy of Kyle Rohrbaugh and Eric Engelland
The Chinese have a proverb: "May you live in interesting times." And we are living through interesting times indeed.
Whatever the political posturing regarding the current rescue plan, a plan needs to be passed. Credit markets are frozen and … (1 comments)

foreclosure: How Does A Short Sale or Foreclosure Affect Your Credit? - 10/05/08 12:36 AM
Homeowners facing foreclosure have a number of options, one of which is doing a short sale. Some people, depending on their situation, may allow a property to go into foreclosure instead of attempting a short sale. One reason is they don't have any expectations of saving the property so walking away … (3 comments)

foreclosure: I FOUND A $300,000 HOME FOR $150,000 - 10/04/08 07:14 PM
I found a $300,000 home for $150,000.This seems to be all we hear nowadays. But the fact is ...the home IS NOT a $300,000 home, it's a $150,000 home. It was only worth $300,000 at the top of the market. Of course, the seller, government, wall street, builder, banker, real estate agent and tons … (1 comments)

foreclosure: Imperial County Foreclosure Sale List 10/04/2008 - 10/04/08 07:04 PM
                                        Imperial County Foreclosure Sale List 10/04/2008** Writers note: September Notice of Trustee Sale notices declined approx 20% from August, however September numbers represent 100% increase in foreclosure postings from 2007.Although a smaller amount of Notice of Default and Notice of Trustee Sale notices were filed during September may be classified as the beginning of the end … (0 comments)

foreclosure: REO Winston Towers Sunny Isles Beach - 10/04/08 04:05 PM
 

(0 comments)

foreclosure: Don't Lose Your Home to Foreclosure....Their is a Better Way - 10/04/08 04:05 PM
Don't Lose Your Home To Foreclosure..Their Is a Better Way.
DO YOU HAVE......
AN ADJUSTABLE RATE MORTGAGE ABOVE 8%
PAST MEDICAL HARDSHIP OR JOB LOSS ?
MORTGAGE COMPANY THAT HAS STOPPED ACCEPTING PAYMENTS ?
MISSED MORTGAGE PAYMENTS THAT ARE TWO OR MORE MONTH BEHIND?
NO EQUITY IN YOUR HOME?
Our … (2 comments)

foreclosure: pre-foreclosure tips & advice - 10/04/08 01:28 PM
Here's what you should do 1st.
Contact your lender to make them aware of the pending problem. You may be surprised of their understanding and willingness to work with you to keep you in your home prior to a bank foreclosure.
If you contact a Realtor. Make sure you work with … (0 comments)

foreclosure: Winston Towers Sunny Isles Beach, Short Sale, REO, SIB Realty 305-931-6931 - 10/04/08 11:41 AM

If you are going to sell, buy or lease  Winston Towers Condo allow us to help you.
Call our Winston Towers Specialist Evelina Tsigelnitskaya  for free consultation 305-931-6931
(0 comments)

foreclosure: Cape Coral Foreclosures – Is This the Time to Buy? - 10/04/08 10:58 AM
Untitled Document Over the past few years Cape Coral has quickly gone from Florida's fastest growing community to the foreclosure capital of the world. At the moment there are hundreds of foreclosed single family homes on the market. The lending institutions and finance corporations who are now the owners of … (0 comments)

foreclosure: Rehabbing your investment property - 10/04/08 10:57 AM
When rehabbing an investment property you need to determine first what are you going to do with the property? If you are holding to use as a rental the rehab is far less than it would be if you are rehabbing to sell the property for an instant profit. When rehabbing … (0 comments)

foreclosure: HUD Hope for Homeowners worth the read - 10/04/08 08:36 AM
Homeowners who are facing foredlosure may want to read the information on the new HUD program that became effective earlier this month.  In a nutshell, this program "encourages" lenders to participate in a program to write new loans that will replace troubled mortgages.  The new loan is based on 90% of the current appraised value of the home. There … (0 comments)

foreclosure: Howdy Everybody...Here goes the first post!! - 10/04/08 05:32 AM
My office manager has been talking to me for a while about this "Active Rain" thing so I decided to go ahead and give it a try.
He gave me some basic pointers on how it works, but I would love to hear more about dos and don'ts from the community!
Of … (5 comments)

foreclosure: Help for Homeowner with a "Notice Of Default" - 10/03/08 11:43 PM
In California the Department of Real Estate put out an article that homeowners facing pre foreclosure/Notice of Default need to be made aware that they are easy targets by third party companies who ask for advanced payment to help the homeowner workout loan modification with their lender.  California Civil Code Section … (0 comments)

foreclosure: Where Have All the Neighbors Gone.... - 10/03/08 08:46 PM
I have a rental property across town from where I live. It's a great little 1100 or so square foot home built in 1996. I bought it a few years ago for myself, later got married, moved, and rented out my doll house. I had great neighbors there, always felt safe … (0 comments)

foreclosure: Halloween Is Going to Suck This Year! - 10/03/08 06:53 PM
....... 

  Foreclosure stats according to MBA:    

  Foreclosures in California and Florida increased (accounting for 39% of the total foreclosures started in the second quarter), offsetting the improvements in Texas, Massachusetts and Maryland.  
There were 8 states that exceeded the national average: Nevada, Florida, California, Arizona, Michigan, … (1 comments)

foreclosure: Avoid Foreclosure - Cranford, Westfield and Scotch Plains NJ Homeowners - There are other options!! - 10/03/08 05:43 PM
I am proud to announce that I have completed the rigorous 21+ hour training program to become a "Certified Distressed Property Expert" or 'CDPE' What does this mean for you?
While I have had lots of experience working with buyers and sellers of short sale properties, and helped homeowners simply stay … (1 comments)

foreclosure: Happy Halloween! This is real scary - 10/03/08 05:36 PM
I don't think this needs much explaination but wanted to share it with other rainers.
 

(4 comments)

foreclosure: What Happens After the Bailout? - 10/03/08 04:43 PM
Panic won out and Congress has voted to approve the “Bailout Bill.” Will it solve the housing crisis, save homeowners from foreclosure, create jobs, kick-start the economy and keep us from recession?
No, no, no, no and no. It will do none of the above. Once again, Washington has let us … (2 comments)

foreclosure: How many of these are our neighbors? (UPDATED) - 10/03/08 03:48 PM
How do we help the Ms. Polk's of the nation...
"(CNN) -- A 90-year-old Akron, Ohio, woman who shot herself as sheriff's deputies tried to evict her from her foreclosed home became a symbol of the nation's home mortgage crisis Friday."
 
Or the 3-year old and her family living in … (6 comments)

foreclosure: Saved Another Homeowner From Countrywide Foreclosure! - 10/03/08 03:26 PM
I was speaking with a gentleman named Jesus in El Paso, TX the other night. As I began to listen to his story it broke my heart. He had contacted me on Sept.29th and asked me for my advice. This was what he said:
He was $66,900 behind on his mortgage … (0 comments)

foreclosure: Foreclosed 3bedroom home in Mason - 10/03/08 02:08 PM
(0 comments)

foreclosure: Loan Modification - 10/03/08 01:53 PM
With the current financial crisis and foreclosures becoming more prevalent their are many people that don't know where to turn, but there are options. 
In August lenders performed roughly 79,000 loan modifications for home owners to help keep them in their homes.  So lenders are trying to be more pro-active in preventing … (0 comments)

foreclosure: More help for those facing foreclosure - 10/03/08 01:38 PM
Struggling families facing foreclosure will find one more avenue to take-mortgage assistance through a program called HOPE for Homeowners program, which will refinance mortgages for borrowers who are having difficulty making their payments, but can afford a new loan insured by HUD's Federal Housing Administration (FHA).
The HOPE for Homeowners program … (0 comments)

foreclosure: Is Buying a Foreclosure a Great Deal? - 10/03/08 01:02 PM
Many buyers associate buying a foreclosure with getting a steal of a deal. This can be true, but there are also potential pitfalls. The pros and cons of buying a home involved in foreclosure vary with the phase of foreclosure the property is in when purchased. Use this handy guide to … (0 comments)

foreclosure: Wisconsin set to receive Milions to help with Foreclosure Crisis - 10/03/08 12:37 PM
The great state of Wisconsin should receive about $39 Million in Federal help to start to stabilize neighborhoods and help with abandoned homes.
The Governor and HUD said that this is separate funding other than the $9.2 Million that the city of Milwaukee will be receiving.
The foreclosure rate in Milwaukee … (2 comments)

foreclosure: Can this 700 billion dollar bill be the difference in our Miami foreclosures and our economy? - 10/03/08 11:44 AM

Can this 700 billion dollar bill be the difference in our Miami foreclosures and our economy?
Our financial system is in the verge of collapse many of our major lenders Country Wide, Indy Mac, Lehman Brothers, and Bear Sterns filed Bankruptcy Because of the amount of defaulted loans and … (0 comments)

foreclosure: Bank owned Property & Short Sales - Is there a Difference - 10/03/08 11:43 AM
They are both considered distressed property, but to the uninformed buyer or agent there is a big difference in how offers are handled.
Bank Owned -  In most cases the property has been foreclosed on, a BPO has been done and a price has been determined.
 
Short Sale  -     No firm … (0 comments)

foreclosure: Countrywide Short Sale Process to Follow - 10/03/08 11:15 AM
I have heard a lot of realtors talk about the short sale process and, while every lender is bombarded with requests currently, we were told last week at our regional meeting that Countrywide receives 100,000 short sale requests A MONTH.  So obviously, that department is overloaded with work.  That said, if … (3 comments)

foreclosure: New Program Will Offer Hope to Those Facing Foreclosure - 10/03/08 11:13 AM
There is finally some good news for you or anyone you know facing the threat of foreclosure.A new program designed by Congress called Hope for Homeowners which will help homeowners at risk for loan default and/or foreclosure launches today and will run through September 30, 2011.The program will be voluntary for … (0 comments)

foreclosure: Bank Owned Homes in Key West - 10/03/08 11:02 AM
I just created a new list of Bank Owned Homes in the Key West area. Homes from Old Town up to Sugarloaf Key. CLICK HERE to checkout the list. I must add that the list does not contain all bank owned properties. Some Realtors have not entered all of their … (0 comments)

foreclosure: Locating REO - Bank Owned and Foreclosed Homes, Condos, Townhomes - 10/03/08 09:04 AM
As a professional Florida Broker Associate, I specialize in locating and selling both Foreclosed and Pre-foreclosed Duval, Clay and St Johns County homes, townhouses, and condos.
Call to discuss your Real Estate Needs - the inventory of Foreclosed homes, condos and townhomes is growing - This is a great opportunity for investors and … (0 comments)

foreclosure: Emergency Foreclosure Avoidance Guide - 10/03/08 03:29 AM

Pre-Foreclosure Strategies
 
The home you own is more than just your most significant asset. For most people, it's also a source of pride and joy. We move into a house, and over the years we make it our home-the place we go to relax, reenergize, to share some of … (0 comments)

foreclosure: Denver (Including Baker) 1Q 2008 condo real estate trends - 10/02/08 10:40 PM
 

Recap of First Quarter 2008 Condo Price Performance The average condo price in Metro Denver decreased -2% in the full year 2005 to the full year 2006, from $190,000 to $187,000. Comparing 2006 to 2007, the average condo price across the metro dropped -3%, to $180K. Looking at the … (0 comments)

foreclosure: Denver (Including Baker)1Q 2008 real estate trends - 10/02/08 10:37 PM
Recap of First Quarter 2008 Home Price Performance The average home price in Metro Denver increased +2% in the full year 2005 to the full year 2006, from $309,000 to $317,000. Comparing 2006 to 2007, the average home price across the metro dropped 2%, to $311,000. The first quarter of … (0 comments)

foreclosure: Hilltop 1Q 2008 condo real estate trends - 10/02/08 10:30 PM

Recap of First Quarter 2008 Condo Price Performance The average condo price in Metro Denver decreased -2% in the full year 2005 to the full year 2006, from $190,000 to $187,000. Comparing 2006 to 2007, the average condo price across the metro dropped -3%, to $180K. Looking at the first … (0 comments)

foreclosure: Hilltop 1Q 2008 real estate trends - 10/02/08 10:29 PM
Recap of First Quarter 2008 Home Price Performance The average home price in Metro Denver increased +2% in the full year 2005 to the full year 2006, from $309,000 to $317,000. Comparing 2006 to 2007, the average home price across the metro dropped 2%, to $311,000. The first quarter of … (0 comments)

foreclosure: Into to Loss Mitigation - 10/02/08 07:08 PM
I work with Real Estate agents on a daily basis. Frequently after a listing appointment they have come to me inquiring about foreclosures and bankruptcy. With a record percentage of U.S. homeowners facing foreclosure and many more falling behind on monthly house payments, you might have had the same experience. Foreclosures … (0 comments)

foreclosure: Tips On How To Find Your First Real Estate Investment - 10/02/08 06:22 PM
I know...I know...how can I possibly be talking about buying investment property with the recent developments in the economy. The truth of the matter is rates are still at historic lows and it's a buyer's market in Boulder Colorado. With depreciating home prices and a rise in foreclosures, why not try … (0 comments)

foreclosure: Foreclosure filings up, way up! - 10/02/08 05:49 PM
Foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 303,879 U.S. properties in August, a 12 percent increase from the previous month and a 27 percent increase from August 2007, according to the RealtyTrac U.S. Foreclosure Market Report. The report also shows one in every … (3 comments)

foreclosure: Short Sale: Selling your home in times of trouble - 10/02/08 04:35 PM
Foreclosure pending, divorce, job transfer, distressed property whatever the reason many homeowners find themselves upside down owing more than the home is currently worth when closing costs are factored in.
What are your options in this time of trouble? One may be a short sale!
What is a short sale? A … (1 comments)

foreclosure: Latest News and Updates on Loan Modifications-October 2008 - 10/02/08 03:51 PM
Wow, what a crazy month for bankers, Wall Street and the United States economy.  Many distressed homeowners were left scratching their heads and wondering what affect all of this will have on them personally.  Millions of homeowners facing rising home loan payments and the very real possibility of losing their homes … (0 comments)

foreclosure: Need Somebody to Listen, Call a Realtor - 10/02/08 03:22 PM
This has been a hectic week for everyone.  Many family members, friends, and clients have been calling me to get my opinion about what's happening.  I could go on and on about why I think this bailout plan is wrong for us and will prolong our recovery but that's not the … (0 comments)

foreclosure: Oakdale Preserve-Lot 29-Just reduced to 469,900 - 10/02/08 02:25 PM

This beautiful Craftsman simply has to go!!  So many standard features/upgrades to list! These fabulous finishes will not disappoint you and the Smyrna/Vinings location cannot be beat! 
Real hardwoods throughout main Granite countertops Chef's kitchen with island 2 stacked stone fireplaces Loft area for study (has fireplace and built-ins) 10ft ceilings on … (0 comments)

foreclosure: Lehigh Acers Florida * Pre-Foreclosure Open House Satuday Oct. 4th *12:00pm till 4:00pm - 10/02/08 02:02 PM
 

(0 comments)

foreclosure: HOPE for Homeowners Guidelines - 10/02/08 01:13 PM
HOPE Guidelines have been released...
Will it Work?...
 
Borrowers Must:
be primary & only residence (Non-Occ. Co-Borr. not allowed) be deliquent or current have made at least 6 payments have not been convicted of Fraud in the past 10 years not have made any false statements on existing loan; ex) … (1 comments)

foreclosure: Short Sale, REO, Foreclosure - 10/02/08 01:02 PM
I decided to explain the definition of the following terms because I am asked about the SO much...
SHORT SALE: when the proceeds of a Real Estate Sale fall short of the balance owed on a property.  The normal procedure is for the existing lender to agree to accept less than … (0 comments)

foreclosure: Bailout Baloney, Credit Crunch Crud, Foreclosure Fodder, Market Madness and YES YOU CAN STILL GET A LOAN! - 10/02/08 12:34 PM
Wanted to let everyone know that I am, in fact, still alive and kicking, and thank you for the well wishes and requests for me to blog again.  Will hopefully be back on track and blogging again on a more regular basis shortly.  Working hard to keep my clients and business … (8 comments)

foreclosure: How Many Distressed Properties are Really on the Market in Los Gatos? - 10/02/08 12:31 PM
Recently I was reading a local, online publication in which someone quoted Trulia's numbers of distressed properties in Los Gatos and tied them in to a percentage of the homes for sale here that appeared so high as to be surreal. How could that be? I am on the MLS every day, … (2 comments)

foreclosure: Key West Short Sale Opportunities - 10/02/08 11:12 AM
A Short Sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured by the property, upon payment of of an amount less than is actually owed. In yesterday's blog I reported that about one-half … (0 comments)

foreclosure: SHORT SALE SUCCESS!!! - 10/02/08 11:06 AM
I am so pleased to report that we just closed on a short sale.  Was it "easy"?  No, of course not!  But it got done.  In this instance, the seller's attorney was speaking with the seller's bank.  They got a NO at first, and the bank wanted $55,000 more than the … (1 comments)

foreclosure: Miami Real estate homes are sold more to internet buyers. - 10/02/08 10:21 AM

Miami Real estate homes are sold more to internet buyers.
The internet has changed the way we live our daily lives. Most of the civilize world depend on technology, and computers.  Internet is used for business, shopping, entertainment and to connect across the globe. With property details, pictures, and real … (0 comments)

foreclosure: Register to Receive FNMA Single-Family E-mail Updates, Alerts, and Newsletters - 10/02/08 09:38 AM
Register to Receive FNMA Single-Family E-mail Updates, Alerts, and Newsletters
To give you more options for receiving communications from Fannie Mae, they have enhanced their e-mail registration process. You can now register on eFannieMae.com to receive the latest single-family mortgage business updates, alerts, and newsletters by e-mail, including:
Selling Policy … (0 comments)

foreclosure: You Can Sleep in Your Car, But You Can't Drive Your House: Should We Bailout The Car Companies, Too? - 10/02/08 09:27 AM

The mortgage crisis has finally hit the car business. Yep. dealerships are closing and car sales have plunged by about 35%. And while the temptation may be to think of "gas prices" as the reason, the real reason is "mortgage crisis".
Fast becoming known as CREDIT CATASTROPHE.
Did you … (17 comments)

foreclosure: Do you have a home to sell? Owner Financing maybe your only option! - 10/02/08 08:56 AM
If you have been watching the news the last couple days, then you know that the reports say that it is getting harder and harder to get financing for cars, college, and especially homes. But, what does this do you, for the average home owner that has a home they have … (9 comments)

foreclosure: Home Sold $1.75 on Ebay - 10/02/08 08:42 AM
I just read that a house on ebay sold for one dollar and seventy five cents in Saginaw Mi.  A Chicago woman won the home via auction.  The house is not much to look at, I believe it is abandoned.  There were eight people who bid on this home.  That is … (9 comments)

foreclosure: So, you want to buy a foreclosure? - 10/02/08 08:13 AM
I was with a buyer last week that wanted to look at a certain foreclosure home that they had seen listed.  The price seemed a little high, but they thought there might be room for the bank to wiggle...  It had been on the market for about 8 months.
When we … (2 comments)

foreclosure: Why Credit? Why a bailout? - 10/02/08 06:35 AM
Designed to provide liquidity within the financial market for businesses and individuals, the bailout was advertised as the ONLY hope to stop the ongoing financial meltdown.  It would accomplish this by stabilizing home prices and providing additional capital in the hands of financial institutions by removing their bad mortgage backed securities and unperforming … (1 comments)

foreclosure: Belcaro 1Q 2008 real estate trends - 10/01/08 10:50 PM

Recap of First Quarter 2008 Home Price Performance The average home price in Metro Denver increased +2% in the full year 2005 to the full year 2006, from $309,000 to $317,000. Comparing 2006 to 2007, the average home price across the metro dropped 2%, to $311,000. The first quarter of … (0 comments)

foreclosure: Are we past the bottom of the market cycle - 10/01/08 10:33 PM
Take a look at the first page, for AUN (Aurora North).  Note these positive market trends this year:-          number of active listings steadily declining-          average list price pretty stable (finally!)-          U/C up dramatically-          Number of sales / month up (partially seasonality)-          DOM dropping-          Stability in average sold prices and sold price … (0 comments)

foreclosure: Some evidence Five Points may be past bottom of market cycle - 10/01/08 09:46 PM
Take a look at the first page, for AUN (Aurora North).  Note these positive market trends this year:-          number of active listings steadily declining-          average list price pretty stable (finally!)-          U/C up dramatically-          Number of sales / month up (partially seasonality)-          DOM dropping-          Stability in average sold prices and sold price … (0 comments)

foreclosure: What happened in Castle Rock? - 10/01/08 09:43 PM
Here's an analysis of what has happened with home prices in different suburbs around Denver Metro between Jan-May of 2007 and Jan-May 2008: The average home in Castle Rock didn't actually drop 17% in value. Instead, sales volume of the large, expensive homes (those over 4,000 square feet) plummeted 71%, while … (0 comments)

foreclosure: Avoiding Foreclosure: Help me help your clients stay in their homes!!!! - 10/01/08 08:40 PM
Few things are as devastating as losing your home. Sadly, it's not always inevitable. In many cases the foreclosure could have been avoided with some outside help.  We have to help our clients, past clients, friends, and family save their homes and their dreams.
We in the lending world were hopeful when … (4 comments)

foreclosure: Cincinnati Short Sales - 10/01/08 07:51 PM
Hello Cincinnati and surrounding suburbs.
Are you about to be behind on your payments or are you already behind?  If so you're a short sale candidate.
A short sale is when you sell the home but you don't sell it for enought to pay off the loan.  The lender has to agree … (0 comments)

foreclosure: Buyers Gobble up Las Vegas REO’s - 10/01/08 06:51 PM
 
The Las Vegas housing market is chewing through excess inventory of foreclosures, which now account for about 80 percent of resale homes.
The inventory of single-family home listings dropped sharply from 23,803 in January to 20,623 in August. The average Days on the Market went from 93 to 62 days … (0 comments)

foreclosure: short sale vs foreclosure - 10/01/08 05:27 PM
My client is in the dilema of wether to go for short sale or let it go into foreclosure.  They have a second home that was bought as an investment. Unfortunately with the real estate market the way it is, the property is rented out for much less than the cost of mortgage, … (0 comments)

foreclosure: Sell More Homes with Government Loans--Why FHA is a great Alternative in today's Market: Upcoming Clock-Hour Class (3 Hrs.) for Puget Sound Realtors - 10/01/08 04:26 PM
Why are FHA Loans back in business after so many years of being on the back burner?
Bottom Line:  It's one of the most flexible mortgage loan programs still standing amongst the smoke of the Mortgage/Banking/Financial Meltdown.
Besides 3 hours of state approved continuing education, from this Clock-Hour Class you will … (0 comments)

foreclosure: Lost In The Shuffle...The Bailout For Distressed Homeowners! - 10/01/08 03:30 PM
Everyone I talk with in the last few days has been keeping close track of the financial news and the hourly (even momentary) tweaks and nuances to the Federal Response to the financial crisis of the last several weeks. The landscape sometimes seems pretty bleak.
We worry as REALTORS about the … (1 comments)

foreclosure: Is your home mortgage out of control - 10/01/08 01:41 PM
With the Real Estate crisis going on in our country today many families need help. If you have a Adjustable Rate Mortgage, Option Arm, Owe more than your Home is worth, Are behind in your payments, a Loan Modification may be the answer. Loss Mitigation and Loan Modification is a program … (0 comments)

foreclosure: what to do if the dreaded foreclosure word creeps into your life - 10/01/08 01:26 PM
should the dreaded "Foreclosure" word creep into your life. Don't worry help is out there.
Lenders can exercise, "Forbearance" in which the bank will suspend payments for a period of time Banks are working with borrowers on repayment plans which will enable you to keep your home and pay back deficient … (0 comments)

foreclosure: Out of Business - 10/01/08 10:07 AM
Those of you who come to Key West know the Pegasus Hotel at the corner of Southard and Duval Streets. There are several store front shops on the Southard Street side including the now Out of Business Psychic. The Psychic of all people should have seen the downside--you'd think. It's … (0 comments)

foreclosure: Encino Lender Owned Properties - 10/01/08 09:53 AM
Things to Think about when buying an Encino Lender Owned Property Buying a property in Encino that is in foreclosure or a lender owned situation ( Means it did not sell at the foreclosure auction ) is a different type of transaction. These types of sales can be more complex because the lender … (0 comments)

foreclosure: 794 Sugar House Drive, Port Orange, Florida 32129 Bank Owned - REO - 10/01/08 08:10 AM
794 Sugar House Drive, Port Orange, Florida 32129 Bank Owned - REO (edit/delete)
Port Orange 3 bedroom 2 bath Over 2000 sq feet living space for under $140,000 - price reduced AGAIN
  
This is in the Sugar Forest Subdivision. HOA dues are $30 per year. Lot is 80x110 and … (0 comments)

foreclosure: Urgent NEW info: Distressed Home Owners / Seller's - Follow these Steps to Avoid Foreclosure and "Modify your Loan" - Effective Immediately - It's LAW! - 10/01/08 07:54 AM
This is NEW information.  They must work with you if you meet the 3-requirements below and follow the 4-steps below, and submitt a letter (sample below) or they are breaking the LAW.    Please pass this information on to your Distressed Homeowners and/or Sellers. This is effective IMMEDIATELY! Most distressed home owners are not aware … (9 comments)

foreclosure: How do short sale negotiators usually get paid and how much??? - 10/01/08 02:32 AM
I am working with a short sale negotiator for the first time on a purchase transaction and they are charging a 25% referral fee for the entire commission.  It doesn't seem right to me.  Isn't the short sale negotiator working for the seller only?  Wow, experience does have it's price.
On … (0 comments)

foreclosure: Foreclosure Prevention - 10/01/08 12:28 AM
Hello homeowners,
As of October 2008, approximately 10% of ALL mortgages are in default (at least 30 days late). A record number of these loans will go into foreclosure.
The real tragedy is that most foreclosures can be avoided through early intervention by an expert.
Please recognize that a foreclosure is the worst item … (0 comments)

foreclosure: List of 17 Asset Management (REO) /BPO Companies - 10/01/08 12:02 AM
Okay, the big question is all over the blogs. How do you get in with the banks? The key is to also get in with Asset Management Companies who are handling large portfolio's for the banks. Well here is a list (for real and for FREE!) of REO and BPO companies … (1 comments)

foreclosure: Fairfax County listing updates 09/29/2008. - 09/30/08 11:34 PM
Here are the listings that were added or changed on 09-29-2008 Page 1 of 4 Jump to:  Page 1  Page 2  Page 3  Page 4 Sorted by PRICE Sort this list by:  Last Update Type or City/Subdivision
(0 comments)

foreclosure: Northern Prince William County listing updates 09/29/2008. - 09/30/08 10:56 PM
Here are the listings that were added or changed on 09-29-2008 Sorted by PRICE Sort this list by:  Last Update Type or City/Subdivision
(0 comments)

foreclosure: Southern Prince William County listing updates 09/29/2008. - 09/30/08 10:44 PM
Here are the listings that were added or changed on 09-29-2008 Sorted by PRICE Sort this list by:  Last Update Type or City/Subdivision
(0 comments)

foreclosure: Culpeper Area (Culpeper, Rappahannock, Madison and Orange Counties) listing updates 09/29/2008. - 09/30/08 10:31 PM
Here are the listings that were added or changed on 09-29-2008 Sorted by PRICE Sort this list by:  Last Update Type or City/Subdivision
(0 comments)

foreclosure: Government Bailout & The Second Great Depression - 09/30/08 10:10 PM
How To Protect Yourself
Let's face it; we are now entering the Unites States of America's Second Great Depression.  It will have devastating effects on the American people, businesses, and what is left of our growing economy.This is not a minor problem that might limit your shopping sprees or your … (0 comments)

foreclosure: 4.6 Trillion in IRAs waiting to Invest in Real Estate - 09/30/08 09:40 PM
There is 4.6 Trillion, with a "T" in IRAs in America. Most of them are losing their shirts and skirts in the stock market. 90% of them do not know there is another choice. Most don't know you can invest in real estate with an IRA. HELLO....any realtor hearing me...46 million … (3 comments)

foreclosure: Las Vegas high-end real estate market inviting, explains The Robb Report - 09/30/08 09:02 PM
It is really nice to hear upbeat news for a change. The attention lately in Southern Nevada has been trained on the mortgage industry struggling with a load of foreclosures and the housing market trying hard to get its supply and demand in balance that would then stop prices from sliding … (10 comments)

foreclosure: October 1 - Foreclosure & Investment Property News - Nashville & Middle Tennessee - Ron Gabriel, Broker, CRS, GRI - 09/30/08 08:59 PM
Foreclosure & Investment Property News
Ron Gabriel, Broker, CRS, GRI
Crye-Leike Realtors, Nashville  
October 1, 2008 Edition  
"Celebrating 26 Years Service to Nashville's Homeowners & Investors"
HUD -VA - BANK - FORECLOSURE - SHORT SALE - INVESTMENT  - RENTAL - AS IS - PROBATE - "DON'T WANTERS" - and more!
(0 comments)

foreclosure: Ways to Stop Foreclosure - 09/30/08 07:28 PM
When the lender files a Notice of Default, your options are limited. That is why it is better for you to call your lender before falling behind on your payments, because lenders are often reluctant to work out repayment schedules after foreclosure proceedings have been commenced.
You will be given a … (0 comments)

foreclosure: Florida Foreclosures * Pre-Foreclosures * Bank Short Sale ! 4/2/3/ with POOL - 09/30/08 05:47 PM
 

(0 comments)

foreclosure: Great Ranch & WWP Schools: 123 Dey Road - Plainsboro, NJ (Cranbury Mailing Address) // 3-Bedrooms, 1.5-Bathroom, 2-Car Garage, - 09/30/08 03:24 PM
Beautifully well maintained Ranch hom on nearly an Acre of land located in Plainsboro, NJ. (Cranbury Address), Top Notch school district (Bus Pickup near house), excellent commute location, close to shoping, schools, library and parks. 2-Car Garage, Rear Screen Porch and Patio and mature landscaping. Ready for a New Owner.
(0 comments)

 
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.
© 2007 ActiveRain Corp. All Rights Reserved