short sales: Action Plan Following a Hudson Short Sale - 03/04/13 03:48 AM
 
Strengthening Credit After a Short Sale in Hudson
 
A Hudson short sale represents real value for the homebuyer, of course. But to some extent, it is also a boon to the seller. Being able to unload a property that’s underwater helps avoid the most dire credit consequences of a Hudson foreclosure.
But lingering credit damage can still result from any short sale -- if the short seller allows it to happen. Should you find yourself in the short sale situation, be proactive in protecting your credit score. You will put yourself in a position to re-enter the market … (0 comments)

short sales: Median Price for Existing Home at Highest Level Since 2008 - 08/03/12 03:12 AM

The median price of an existing single family home rose in June to the highest level in almost four years, the fifth straight month-to-month gain, NAR reported recently. The median price was up 7.9 percent from June 2011. Existing home sales dropped to 4.37 million in June to the lowest level since last October, NAR said. It was the fourth drop in the last five months. Economists had expected the sales pace to increase to 4.65 million from 4.62 million in May.
 
Distressed homes accounted for 25% of all June sales, unchanged from May but 30% below June 2011 … (3 comments)

short sales: FHA to Sell Off More Delinquent Home Loan - 08/01/12 04:23 AM

The U.S. Federal Housing Administration said recently that it would start taking bids from investors for a program intended to sell off thousands of delinquent home loans, as it is almost doubling an offering first announced last month.
 
The FHA, which protects lenders against borrower defaults, said it would take applications for 9,000 mortgages that are scheduled for bulk sale as early as September, up from the original goal of selling 5,000.
A majority of the loans are located in four metropolitan areas hit particularly hard by the housing boom and bust: Chicago, Phoenix, Tampa and Newark.  More than … (0 comments)

short sales: 700,000 Borrowers No Longer Underwater on Mortgages - 07/19/12 02:44 AM

Thanks to improving home prices, fewer mortgage borrowers owe more on their homes than they are worth. More than 700,000 homeowners were no longer underwater on their homes during the first quarter, according to CoreLogic. According to the report, 11.4 million, or 23.7 percent, of mortgage borrowers were underwater on their homes at the end of March. That's down from the 12.1 million, or 25.2 percent, of borrowers who were underwater three months earlier.
 
To read more visit:  http://money.cnn.com/2012/07/12/real_estate/mortgage-borrowers/index.htm
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short sales: Foreclosure Starts Up for First Time Since 2009: RealtyTrac - 07/18/12 05:36 AM

In the first half of this year, over 1 million U.S. properties received a foreclosure filing, according to a midyear foreclosure report released by RealtyTrac. The exact figure, 1,045,801, marks a 2 percent increase from the previous 6-month period and an 11 percent decrease from the first half of 2011. Foreclosure filings include default notices, auction sale notices and bank repossessions. Second quarter foreclosure starts totaled 311,010 -- a 9 percent increase from the previous quarter and a 6 percent increase from a year ago. The increase is the first yearly rise in quarterly foreclosure starts since the fourth quarter … (0 comments)

short sales: Foreclosures and It's Impact on Sellers - 03/27/12 07:18 AM
If anything is certain about the foreclosure crisis, it's that it isn't over. That fact has important implications, not only for people losing their homes, but also for those planning to sell or buy a home this year.
As of January, about 3 million properties were in foreclosure, headed that way or already owned by banks, according to CoreLogic, an information, analytics and business services company in Santa Ana, Calif.
Approximately 1.6 million of those homes were believed to be within the so-called shadow inventory, a supply of foreclosure properties not yet listed for sale. It's a major stumbling block to a … (1 comments)

short sales: Underwater Homeowners Represent 22.8% of All Mortgaged Properties - 03/14/12 12:39 AM
The number of underwater homeowners grew to 11.1 million, or 22.8 percent of all mortgaged properties, during the fourth quarter, CoreLogic said recently. The real estate data firm said the number of borrowers in negative equity is back to third-quarter 2009 levels, suggesting more homeowners are struggling with loans that are worth more than their properties. Comparatively, only 10.7 million properties, or 22.1 percent, of mortgage homes, were in negative equity in the third quarter of 2011.

For More information click:  http://www.dsnews.com/articles/case-shiller-index-drops-to-new-lows-in-december-2012-02-28
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short sales: Real Estate Apps - 03/01/12 12:10 AM
Did you know that REALTOR.com® is the most visited real estate website in the nation?  Consumers rely on Realtor.com because they pull direct feeds from over 933 MLSs and update the data every 15 minutes (according to the article).  This data includes Northstar MLS which provides Multipal Listing Service to the Hudson / River Falls and Twin Cities area.    Now that the world is going mobile, Realtor.com has made it easy for consumers to search for homes on the go.  Zillow.com, another leading real estate website, also has a compreable mobile app.    For more information on these apps go to:  … (0 comments)

short sales: Preapproved Short Sale - New Richmond, WI - $149,900 - Proudly Marketed by Jeremy Cudd - Property Executives Realty, LLC - Hudson, WI - 09/02/11 09:20 AM
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short sales: Short Sales - 09/15/09 08:44 AM
Who is a canadate to sell their home in a short sale?  Most home owners that are in a financial hardship and behind on payments are prime candidates. 
I will get the bank to take a loss on the property (which they will be happy to do), which allows the homeowner to sell it quickly.
Short sales are a way of life for some Realtors now that the market is down a bit.  There are more and more foreclosures in Western Wisconsin, and across the country, and the banks are dumping them for a quick sale.  Even though these homes can be a good … (0 comments)

short sales: Short Sales - 07/08/08 03:33 PM
Who is a canadate to sell their home in a short sale?  Most home owners that are in a financial hardship and behind on payments are prime candidates. 
I will get the bank to take a loss on the property (which they will be happy to do), which allows the homeowner to sell it quickly.
Short sales are a way of life for some Realtors now that the market is down a bit.  There are more and more foreclosures in Western Wisconsin, and across the country, and the banks are dumping them for a quick sale.  Even though these homes can be a good … (11 comments)

 
Team Cudd - Jeremy & Dana (Property Executives Realty)

Team Cudd - Jeremy & Dana

Hudson, WI

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Property Executives Realty

Address: 900 Crest View Drive, Suite 120, Hudson, WI, 54016

Office: (715) 381-8297

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