katy foreclosures: The Five Secrets of Buying a Katy Foreclosure From a Certified Foreclosure/Short Sale Expert
- 11/26/10 08:24 AM
Foreclosed and foreclosing properties dominate many of today’s U.S. real estate markets–more than four years after the sharpest observers saw the market shift coming, and more than two years after the reality hit home for millions of American home owners. While Katy is not suffering like other areas of the country, the number of foreclosures in our hometown has grown substantially. (Pictured above are two foreclosures currently on the market.) First-time home buyers make up almost half of all buyers of bank-owned foreclosures and soon-to-be foreclosed short sale properties. They’re followed closely by investors seeking rental properties, and a third important … (1 comments)
katy foreclosures: National Association of Realtors: Halting Foreclosures Could be Hindrance to Economic Recovery
- 10/14/10 10:54 AM
Thousands of first-time and move-up buyers who hoped to make a foreclosed property their new home now face uncertainty, anxiety and possibly remorse as they worry that closing on their desired property could be in jeopardy. For many, the dream of homeownership could turn into agony if their home purchase is indefinitely delayed by a moratorium on foreclosures declared by some banks, the National Association of Realtors® said today. The moratoriums are needed, banks say, to review all of the foreclosures in their portfolios to make sure they're in compliance with the law and that titles are clear. NAR warned that … (2 comments)
katy foreclosures: Katy HUD Homes--Buy a Katy Foreclosure
- 09/07/10 08:10 AM
Today, I am launching a new feature on Katy foreclosures which are also known as HUD (Housing and Urban Development) homes @ http://FuellingKaty.com. With an informed Katy Realtor, they are easy to purchase and usually represent substantial savings. They are priced to sell quickly. Every HUD homes is sold via a 10-day open bid process. It is critically important that the bid be prepared correctly or it will be rejected regardless of the price offered. If you are looking for a Katy Realtor with whom to explore foreclosure homes, I am certified by the National Association of Realtors as an expert in … (0 comments)
katy foreclosures: What's New in a Troubled Market?
- 06/29/08 07:28 AM
During the 1980’s, Houston experienced an economic down spin when oil prices dropped below their staggering high of $35-per-barrel. (Can you believe that this was the high price for oil? I remain confused as to why our economy is not currently booming considering the price of oil; can somebody explain this to me, please!) Another huge factor was the collapse of the Savings and Loan industry due to inflated loans without collateral; criminal charges, filed against Savings and Loan officers, were not uncommon. This large source of mortgage loans went away over night. One of the first signs of this … (0 comments)
Foreclosed and foreclosing properties dominate many of today’s U.S. real estate markets–more than four years after the sharpest observers saw the market shift coming, and more than two years after the reality hit home for millions of American home owners.
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