ARCHIVED BLOG POSTS
2015
Don’t Lose Your House in a Foreclosure Auction by David Cooper on June 29, 2015 in Distress Property Solutions 310-463-7667 NEED HELP in Los Angeles CALL 310-463-7667 Foreclosure deals are still everywhere. That’s why it’s so important that you understand how to speak to a distressed seller...
06/28/2015
While more than a quarter of a million homes regained equity during Q1, the percentage of residential properties with negative equity – commonly referred to as being “underwater” or “upside down,” meaning the borrower owes more on the mortgage than the home is worth –Delinquent Under Water Home ...
06/17/2015
Banks Increase Foreclosure Auctions on Non Paying HomeownersBanks realize that because of this seller’s market, they can get top dollar, even for the scratch-and-dent properties that foreclosures represent,” said Daren Blomquist, vice president at RealtyTrac. “That gives them more motivation to...
06/15/2015
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Los Angeles Foreclosed HomesZombies still up from a year ago in half of U.S. metrosZombies still increased in 91 of the 183 metropolitan statistical areas analyzed in this report. Major markets where the number of zombies increased from a year ago included New York (up 38 percent), Los Angeles (...
06/12/2015
310-463-7667 The increase in home ownership has been accompanied in many countries by record foreclosure rates, particularly during the recession. Just a couple of missed mortgage payments can start foreclosure proceedings, and before you know it the house you’ve worked so hard to buy can be tak...
06/07/2015
David Cooper 310-463-7667Banks grant short sales for two reasons: the seller has a hardship, and the seller owes more on the mortgage than the home is worth.Even in Foreclosure There is Money in Your HouseThe seller will need to prepare a financial package for submission to the short sale bank. ...
06/02/2015