foreclosures: Buyer Beware When Buying A Foreclosure
- 08/14/15 12:18 AM
Buying a foreclosure property can have many benefits for the buyer. Prices are typically 5% to 15% below what the normal market price would have been. There is a lot more information about properties with our internet-rich ability research. Inventory is tighter than in normal years, making foreclosures attractive. However, you should be aware of potential potholes along the road.
The process is impersonal at best: When buying a foreclosure you are dealing with an institution rather than the typical owner/occupant. The institution, a bank or other lender, doesn’t have much of a personality, and it doesn’t see the property as a place to … (0 comments)
foreclosures: $25 Billion Deal To Help Distressed Greenville NC Home Owners
- 02/28/12 06:57 AM
Five of the nation's largest banks, Bank of America, JPMorgan Chase, Wells Fargo, Citibank, and Ally Financial, have agreed to a $25 billion settlement deal over wrongful, deceptive, or unfair foreclosure practices. Attorney generals in each state are currently reviewing the deal and must approve it before it goes into effect. The deal, if approved by the states, will attempt to reshape the mortgage industry and will offer at most about $1,800 to each Greenville NC home owner who went into foreclosure; it will also make it easier for current homeowners to reduce the principle of their mortgage or get loan modifications. … (1 comments)
foreclosures: Greenville NC Foreclosure Statistics - September 2010
- 11/01/10 03:12 PM
There are currently 250 Pitt County and Greenville NC foreclosure homes with 35 new foreclosures in September 2010, according to RealtyTrac.com. 1 in every 2,125 housing units received a foreclosure filing in September 2010. Pitt County & Greenville NC Foreclosure Activity and Home Price Index Pitt County home price appreciation was .0% in September and there were 35 new foreclosures.
Pitt County foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price … (0 comments)
foreclosures: Greenville NC Foreclosure Statistics - August 2010
- 10/11/10 09:45 AM
There are currently 243 Pitt County and Greenville NC foreclosure homes with 29 new foreclosures in August 2010, according to RealtyTrac.com. 1 in every 2,531 housing units received a foreclosure filing in August 2010. Pitt County & Greenville NC Foreclosure Activity and Home Price Index Pitt County home price appreciation was .0% in August and there were 29 new foreclosures.
Pitt County foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price … (0 comments)
foreclosures: Focus on Foreclosures in Greenville Real Estate
- 05/11/10 02:17 AM
Although the term “foreclosure” generally has a negative connotation, for many home buyers/investors the purchase of such a property can be attractive due to the discounted price. Because a foreclosure sale frequently is more time-consuming and often offers less buyer protection, it is necessary to take the following steps to assure that the process will go as smoothly as possible. Identify foreclosure properties: First, check with a realtor who is familiar with such offerings in the Greenville real estate market. Then ask your bank about any holdings they may have. A third source is the web. Simply enter REO’s and the … (1 comments)
foreclosures: Greenville NC Foreclosure Activity - February 2010
- 03/21/10 10:15 AM
There are currently 249 Pitt County and Greenville NC foreclosure homes with 19 new foreclosures in February 2010, according to RealtyTrac.com. 1 in every 3,883 housing units received a foreclosure filing in February 2010 Pitt County & Greenville NC Foreclosure Activity and Home Price Index Pitt County home price appreciation jumped .77% in February and there were 19 new foreclosures.
Pitt County foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price … (0 comments)
Buying a foreclosure property can have many benefits for the buyer. Prices are typically 5% to 15% below what the normal market price would have been. There is a lot more information about properties with our internet-rich ability research. Inventory is tighter than in normal years, making foreclosures attractive. However, you should be aware of potential potholes along the road.
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