foreclosures: Foreclosures in North Carolina Declining. Could the worst be over? - 10/28/08 09:10 AM
In Thursday's Charlotte Business Journal, they featured a report showing that foreclosures in North Carolina were down 27% statewide for September. This was counter to the numbers released by RealtyTrac, showing a nationwide increase of 21%. However, even Realty Trac shows North Carolina as a state facing fewer foreclosures in September. … (0 comments)
foreclosures: Banks are Not-So-Bright Sellers - 09/29/08 12:20 PM
Ask anyone who works heavily in the REO market like myself and it's no surprise to them that all of these financial institutions are in trouble. Only the banks think it's a good idea to not negotiate with potential buyers during the short sale period, rely on old appraisals for values, … (3 comments)
foreclosures: So What Will This Housing Rescue Bill in the Senate Mean for Buyers and Sellers? - 06/25/08 12:30 PM
You've got to love election year politics as it is the ONLY time when politicians open pander to their constituents over special interest groups. Set to make it through the Senate is the AMERICAN HOUSING RESCUE AND FORECLOSURE PREVENTION ACT OF 2008 (they should have added "for our children") that has a few … (2 comments)
foreclosures: Hopefully Not The Next Big Thing: Intentional Foreclosures - 06/23/08 09:56 PM
The newspapers and the internet are filled with news stories of families facing foreclosure as a result of being taken advantage of by a lender and/or real estate broker. While I think we all are sadden when we hear them, there's a large group that deserve no ones sympathy. Apparently, a … (3 comments)
foreclosures: Your Guide to Buying HUD Homes - 06/21/08 04:33 PM
I recently had the priviledge of attending a half day seminar from the local HUD representative company to explain the system and processes of buying a HUD owned home. Here is an overview from that seminar as well as some helpful tips so that you will be successful.
What is a … (4 comments)
foreclosures: Buyers: The Best Deals in the Charlotte Area Are.... - 06/11/08 08:37 PM
Ok, so the spring market has shown up a little late but still its a market none the less. My personal business is doing splendidly - others not so much. The key is that my clients are looking for best buys on the market and I am uncovering new ones each … (0 comments)
foreclosures: Why Hasn’t the Bank Responded to my Offer? Have You Considered Your Price? - 06/03/08 10:37 PM
Two of my most popular blogs have been regarding dealing with foreclosures and short sale transactions with Wells Fargo. Since the beginning of the year, over half of my business has been in the purchase and sales of these types of properties. They come in all shapes and sizes, all price … (5 comments)
foreclosures: Buyers: How to Make Sure your REO doesn't leave you DOA. - 01/07/08 07:47 PM
Purchasing a distressed property is a great way to purchase a larger home for money and pick up some instant potential equity. However, there are many mistakes that buyers of REO properties make that can can leave you feeling like you've bitten off more than you bargained for. Mistake 1: Buying a Foreclosed … (3 comments)
foreclosures: Media & Special Interest Groups to Blame for Foreclosures - 12/14/07 10:18 AM
Read any newspaper or watch the nightly news and the hottest topic, besides those pictures of Jennifer Love Hewitt, revolves around how innocent homeowners were duped into taking mortgages they could not pay back and now the greedy banks are taking their homes. Much of the blame has been focused on … (1 comments)
foreclosures: First Time Buyers Benefit Most from Charlotte's Foreclosure Market - 12/08/07 08:02 PM
For my first few years in the business, I sold real estate in the HOT Washington DC / Baltimore area market. It was a sellers market, in that there were at least 10 to 15 buyers for every one home on the market. First time buyers were relegated to renting for … (0 comments)
foreclosures: Its the Junior High Dance all over again - except this time, you should act! - 10/23/07 02:05 PM
Do you remember how akward it was to be in Junior High? At the time, I just thought it was a horrible but after college when I served a stint as a youth pastor, I got a chance to see things from a whole different and comical perspective. For the most … (0 comments)
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In Thursday's Charlotte Business Journal, they featured a report showing that foreclosures in North Carolina were down 27% statewide for September. This was counter to the numbers released by RealtyTrac, showing a nationwide increase of 21%. However, even Realty Trac shows North Carolina as a state facing fewer foreclosures in September. … (0 comments)
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