According to the Federal Reserve Board, Wisconsin compares favorably to many parts of the nation regarding foreclosures. Our state has fewer subprime loans; 15.2% subprime loans per 1000 units, compared to 23.4% nationally. Of these subprime loans, only 14.1% are in foreclosure. Only .8% per 1000 units in Wisconsin are REO/bank owned properties, compared to 2
Paradise Palms is a great place to see many of the decorative concrete block patterns that we showcased all last summer.
Most of the Mid Century Modern (or mid mod for short) bones are still here, even if the brand new kitchen’s all granite and suburban update.
Bank owned, pretty clean as they go and only 123,900
Bookmark to:
There’s a lot of really fun home homes out there in our inventory. This one is from Rancho Park, at Alta and Rancho Drive.
It’s not in bad shape at all, and it’s not really a foreclosure, it’s just priced as if it was.
The original “pink bathrooms” which happen to be salmon colored in one and [...]
Despite a decline in South Florida foreclosures in October compared to September, the backlog of unsold houses in the area still increased to the time-equivalent of eight months in October.
Concerned by their exceptionally high inventory of foreclosed homes, mortgage banks have been unloading repossessed homes, adding more units to the housing market already overloaded [...]
Las Vegas Home Foreclosures I have compiled a list of the "BEST Las Vegas Home Foreclosures" for the month of December. These Las Vegas homesExclusive list of Las Vegas Foreclosure Properties" are a must have for any investor looking to...
This time of year, much attention is focused on one particular kind of Claus, the Santa Claus. But, one of my favorite weapons in the arsenal of clauses that could potentially go into a Purchase Offer is the Escalation Claus.
Imagine that you would like to buy a house. Let’s say this particular house [...]
For many, this goes beyond a sad story that you read about in the newspaper or hear about on the local nightly news. Right now, this is the harsh reality of hundreds of thousands of people throughout the country. Foreclosure! Behind the scenes, in the trenches. Ugly times.
The outlook for the U.S. Housing market for next year is definitely gloom and could probably be worse than this year. Statistics show that more than 81,000 families lost homes to foreclosures this September, a 71 percent increase from last year. 2008 proved to be a bad year for the housing market as a record 765,558 foreclosure homes were already tallied with still a month left for the year.
You don’t have to look very hard these days to find stories of people leaving their pets behind in the homes they lose to foreclosure or shelters in dire need because donations have dropped off while their intake has increased. I scan pet news stories daily and it hurts to read story after story about [...]
Median home price in Northern California went down by 41 percent in October as home buyers continue to buy foreclosed properties. From $631,000 of last year, average price is now down to $375,000.
Several community organizers and religious leaders from Massachusetts will meet in the nation's capital with members of President-elect Barack Obama's transition team, Treasury officials and lawmakers to urge them to launch significant loan modifications to avert the rapidly rising rate of foreclosures across the country.
For people who are delinquent on their mortgages and are in imminent danger of losing their homes, the most vital ingredient to stop a home foreclosure is communication. Though most troubled homeowners dread this, talking with your lender is an important key in saving your homes. Banks and lenders do not want foreclosures as much as homeowners do, for they tend to lose much money in the process.
More than half of borrowers who have troubled mortgages are on the edge of losing their property even after their lenders reshaped their monthly payment, a sign that efforts to prevent foreclosures are struggling to stay upward.
In Forest Lake, foreclosures have gone out of control that its city council has agreed to conduct a seminar co-sponsored by Wells Fargo, hence, the Wells Fargo Bank Home Mortgage Open House, with the help of their local bank in the coming winter at the City Hall. To sponsor this event, taxpayer money will be used where about $350 for marketing of the event.
I’ve heard a lot of real estate professionals say the market is going to recover in the second half of 2009, but I haven’t heard any valid reasons why that’s gonna happen. Unfortunately, I’ve heard a lot good reasons why the current down market will continue for quite some time. According to this piece by [...]
As foreclosures continue to burden communities across the U.S., the nationwide unemployment rate reached its highest level of 6.7 percent in November. According to the Labor Department, there are already 10.3 million unemployed Americans, a couple of millions more than New York City's population.
From CNNMoney.com - "Foreclosures dip - but hold the applause":November foreclosure filings fell to 259,085, or one for every 488 households in the nation, according to the latest report from RealtyTrac, the online marketer of foreclosure properties. That was down from October, but up 28% from November of 2007.A total of 78,179 families lost their homes during the month, down 8% from October when
The continuous increase in recorded late payment of mortgages and rate of loans of homes in foreclosures was evident during the third quarter. This has been projected to become worse with the escalating unemployment and even worsening economy. With the absence of programs that help struggling homeowners get some loan modifications, a number of this already existing housing problems may even be hig
When Governor-elect Beverly Perdue takes office in North Carolina, she will find the budget balanced, thanks to the efforts of outgoing Governor Mike Easley. After a year of receiving bad publicity, including overseas trips with his wife using taxpayers' money, Governor Easley is trying to regain his reputation through his proactive actions in dealing with reduced budgets and the worsening issues
From CNNMoney.com - "Tenants victimized by foreclosures":Imagine faithfully paying your rent month after month, and then having a sheriff at your door telling you that your family has to leave - immediately.While foreclosures have been hammering homeowners for months, they can be even more tragic for tenants in good standing who are blindsided when their landlord defaults on the mortgage.Homeowner
The OC Register has another story out today on foreclosures . This time, it details some properties in Laguna Niguel. Here is a sample of some of the homes featured in the article:REOs for sale:25111 Adelanto (pictured above)OCR comment: "This is a 3 bedroom, 3 bath home with remodeled kitchen, granite counters, recently replaced roof and living room with brick fireplace."Original asking price: $5
South Florida registered 8,000 foreclosed homes during the first 10 months of 2008. To address this crisis and help local government officials deal with the problems attributed to foreclosures, the federal government has released $3.9 billion as funds for the Neighborhood Stabilization Program. $104 million will be allocated for South Florida’s cities and counties and will be used to purchase fo
From CNNMoney.com - "Foreclosures soar 76% to record 1.35 million":A record 1.35 million homes were in foreclosure in the third quarter, driving the foreclosure rate up to 2.97%, the Mortgage Bankers Association said Friday.That's a 76% increase from a year ago, according to the group's National Delinquency Survey.At the same time, the number of homeowners falling behind on their mortgages rose to
Federal Reserve Chairman Ben Bernanke urged using more taxpayer money for new efforts to prevent home foreclosures, saying the private sector is incapable of coping with the crisis on its own. Bernanke outlined four possible options, including buying delinquent mortgages and providing bigger incentives for refinancing loans. He called for addressing the apparent market failure where lenders aren't
House value is continuously falling down due to foreclosures and people from several areas are very much affected with the sudden change. In an effort to lower down the percentage of foreclosure filings, a surprisingly large amount of $161 million will be allotted to cities, as well as counties in South Florida.
Looking for foreclosures? Many investors and individual home buyers are taking advantage of the increasing number of foreclosures hitting the market. And there are other advantages to finding and buying a foreclosed home. Home buyers and investors can now take advantage of a $7,500 one-year tax credit with the purchase of foreclosure properties from April [...]
The number of foreclosures continued to rise in New Jersey towns, counties and cities. Paterson registered the worst in the area with a high 10 percent foreclosure rate, which is considered very high according to national levels. 2,246 foreclosed properties have already been registered in this city this year, which accounts to 35 percent of the total foreclosures in New Jersey.
As reported by CNNMoney.com - "FDIC chief: Intervene on foreclosures":The nation's top banking regulator warned Tuesday that help for troubled homeowners is failing to keep pace with the foreclosure crisis."We're definitely behind the curve, and we fall further behind the curve every day," FDIC Chairwoman Sheila Bair told an audience at the Fortune 500 Forum in Washington, D.C.According to Bair, t
Click here to view real estate investment properties for sale including foreclosures and REO's Have you hear heard of the Kansas City Real Estate Stimulus Package? If you are thinking about buying or selling a home in Kansas City, let the Dowell Taggart...(read more)
WINK News covers the growing Cape Coral foreclosure problem. The clip highlights a young single mother that is now able to buy her own home due to the prices that continue to decline.There is some upside to this growing problem, AFFORDABLE HOMES! Search for your Cape Coral foreclosure home.
San Diego Real Estate Blog
Comparing Foreclosures and Short Sales is sort of like comparing Apples to Oranges. Foreclosures in San Diego will sell fast and get multiple offers if they are priced correctly and in a desirable price range. It seems that the magic number or price range for a single family detached home is [...]
One of my favorite construction styles is the post and beam that was common in Mid Century Modern Homes In Las Vegas. The concept certainly wasn’t new or modern, but the way it was adapted, it caused the advent of the high ceiling, open floorplan that we cherish.
One of the best production examples was [...]
$22.8 million will be given to Columbus in the hope of lessening Ohio foreclosures. The city had an estimate of 4,600 homes or more last month.
City Council is expected to favor a plan of spending the funds for more than 5 years. In addition, some city officials will start looking for 2 areas that deserve [...]
by: Richard Odessey If you're active in real estate investing, you may already realize one of the biggest issues real estate investors face: Finding Great Deals.Foreclosures at a 52-year HighWith foreclosures at a 52-year high, there are thousands of deals available on the market, if you know where to find them and how to secure them. The fi
San Diego Real Estate Blog
On November 20th, 2008 Fannie Mae and Freddie Mac announced that they would be stopping foreclosures and putting them on hold “Until the streamlined modification program is fully implemented” as stated by Fannie Mae President and CEO Herb Allison. Not only has the two mortgage giants stepped up to embrace the [...]
Well, here's some semi-encouraging news for those who are close to eviction:"The two mortgage giants have issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 until
Due to growing job losses among previously 'safe' industries (such as government), now it seems that foreclosures and defaults to 'prime' borrowers -- i.e., those with decent credit scores, offering down payments and willing to document their incomes -- are rising sharply. So what does this mean for the overall market? From an L.A. Times story:Although soaring defaults on subprime loans and othe
Talk about a holiday gift! I sure hope this isn't going to encourage homeowners from thinking they should stop payments.
Perhaps that would be a bigger economic impact - The Federal Government will pay your mortgage for the next 2 months!
Complete article here -
You can also get it straight from Fannie's webpage at ;jsessionid=25IRH1QCR5ZJDJ2FECISFGQ?p=Media&s=News+Releases
Looks
"Fannie, Freddie Halt Foreclosures for Holidays"
Fannie Mae and Freddie Mac announced yesterday that they are temporarily suspending foreclosures and evictions during the holiday season in an effort to keep people from losing their homes.
The companies said they are taking the step so they can include more people in a newly announced program to change the terms of troubled mortgages to make
Michigan Governor Jennifer Granholm's plan to suspend the foreclosure process through legislation would have unintended consequences. It would lull homeowners into false security about their homes, making them postpone plans to find help. It would also force lenders to reject most potential homeowners.
Scottsdale, Arizona ( Newdesignworld ) November 20, 2008 - Scottsdale has one of the highest rates of foreclosures in the () Phoenix real estate market, and investors are shopping for bargains while first time 2 Vote(s)
Repossessed homes are put up for sale when the borrower of the loan defaults in making the payments. This results in the lender exercising the mortgage rights and selling the property to recover the loan amount. This sale process is done by various methods which shall include direct buy sell between the bank and the [...]
RealtyTrac released their October 2008 foreclosure data last week and Oregon ranks 16th in the nation for per household foreclosures.There were 1,306 notice of defaults last month, up 68% from October 2007. The bank files a notice of default when a mortgage payment is late and attempts to reconcile the issue out of court have failed.If the homeowner doesn’t pay the default balance within 90 days
Homeowners from California are taking a sad plight as they witness more and more of their longtime friends and neighbors leave or abandon their homes due to foreclosures. Neighborhoods find more houses empty while a few more remaining residents cower in fright, dreading receipt of that inevitable eviction letter.
The rate of California foreclosures continue to [...]
Foreclosures are on the rise as they soared 71 percent in the third quarter, to an average of 8,500 homes a day.
More than 3 million foreclosed homes are expected to be in foreclosure by year’s end. Lenders are taking possession of foreclosed homes quicker than before which means that by year’s end lenders will have [...]
We’re going to talk, today, about condos and lofts in places like Peachtree Orleans, Park Regency, Ovation, and Realm. Do you know what that means boys and girls? We’re talking about foreclosures in Buckhead.
What used to be called Irbyville (see attached photo) and used as a stopping point for wealthy travelers in the early 1800’s [...]
Since Knox wrote about foreclosures in Midtown yesterday, I thought I would follow up with foreclosures in the Downtown Atlanta area. I think he is going to be writing on Buckhead foreclosures today as well. So our readers will have plenty to read about over the weekend! Knox also thinks we ought to do some [...]
Foreclosures in the Seattle area increased in October this year but were still below foreclosure figures in other cities, according to RealtyTrac, a leading foreclosure property marketer.
Pre foreclosures are known as properties that have reached the final stages before they get repossessed or taken back by the lender or bank. The owner is still in complete control of the property or home, although the bank or lender will repossess the home if the owner doesn’t attempt to rectify the situation. Normally, if the owner makes things right with payment, the pre foreclosure will set
General William Tecumseh Sherman of the Union Army is probably best known as a great military strategist and the leader of Union troops who captured the city of Atlanta in 1864. He spoke words that, believe it or not, are somewhat relevant to this post about Midtown foreclosures.
“War is the remedy our enemies have chosen, [...]
By: LINDSEY O’NEILL, ESQ.
The Department of the Treasury, the Federal Deposit Insurance Corporation, and the Federal Reserve, recently announced new policies aimed, in part, at assisting homeowners to avoid foreclosure.
Highlights of the interagency programs include encouraging, and supporting, banks to do the following:
Have sufficient mortgage servicing personnel on staff to work p
The foreclosure market varies greatly across the valley of the Sun. According to Realty Studies associated with the Morrison School of Management and Agribusiness at Arizona State University’s Polytechnic campus, there is a total number of 39,055 traditional sales and 28,755 foreclosures across the valley so far in 2008.
In October 2008 - Scottsdale had 160 forecl
While Senator John McCain is urging the government to buy bad home loans, inadvertently making taxpayers pay for the difference between these and the homes' new values, Barack Obama is proposing a 90-day foreclosure freeze and encouraging the Treasury Department to work with various government agencies to help families in danger of losing their homes to foreclosure.
Foreclosures are up 25% from October 2007 but up just 5% over September. Real estate economist Delores Conway says steps taken by the government and banks are helping homeowners facing foreclosure. Stacey Delo reports.Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl | reddit | Furl |
Foreclosure is a hot topic among the press lately. It's hard to turn on the television or open up a newspaper without seeing a story about it.
But what's most interesting about foreclosures is that they appear to be concentrated in certain areas of the country.
According to the foreclosure-tracking service RealtyTrac, 4 states accounted for more than half of nation's foreclosures last month.
A
Foreclosure is a hot topic among the press lately. It's hard to turn on the television or open up a newspaper without seeing a story about it.
But what's most interesting about foreclosures is that they appear to be concentrated in certain areas of the country.
According to the foreclosure-tracking service RealtyTrac, 4 states accounted for more than half of nation's foreclosures last month.
A
Sudden declines in home prices face the real estate industry, as a by-product of the increase in the number of foreclosure homes flooding the market. Prices have dropped tremendously, and in some cases down to half of what existing homes are originally worth. This resulted to an increase of "underwater" homeowners, or those whose mortgage balances are now higher than what their homes are currently
You just can't turn back from a foreclosure but there are a lot of ways to prevent it from coming your way. Several families face foreclosures due to the following reasons: unexpected unemployment, medical emergency, divorce, death within the family, job demotion, excessive debts, unexpected expenses for home maintenance and inability to pay increasing interest rates.
Schwarzenegger has presented his foreclosure moratorium proposal to legislators in the first week of November, including his proposals to increase taxes and reduce expenditures in order to reduce the state's budget deficit of $11 billion.
There’s this great rambler ranch that one of the big banks just put on the market. “Ramblers” were the sometimes monstrously large 1 story ranch homes that were the very predominant in the upper end Mid Century Modern neighborhoods of Vintage Las Vegas.
Leaded glass double doors lead from the party sized front courtyard.
Included in the great American Dream is home ownership. But if you do not have sufficient cash to purchase one, you will instead take out a mortgage loan. Failure to pay monthly mortgage dues will likely result to a foreclosure and basically, this was the fate of millions of homeowners across the country.
If you are wondering whether or not mortgage lenders have been helping homeowners stay in their homes and avoid foreclosure, you might get your answer from the most recent foreclosure data for Los Angeles. Foreclosure rate dropped for the month of October after a state law was passed last July requiring lenders to notify their borrowers and wait 30 days before filing for foreclosure.
Want the inside scoop on Chico area Real Estate foreclosure properties not yet listed? The following are scheduled for marketing within the next 30 days by Chico Realtor Sandi Bauman:
5975 Maxwell...
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By: Roshawn WatsonGoing through a foreclosure can be a gut-wrenching and embarrassing experience. Unfortunately, it is also a reality that many over-stretched homeowners are facing. At least 40% of American homeowners are financially overextended, and over 2.2 million homeowners are at least 60 days late on their mortgages. The problem has infuriated so many homeowners that some resort to the buy
Last week I showed two properties back-to-back that were listed as potential short sales (the bank agreeing to taking less than owed, i.e., shortage) but when I arrived both had bright "Winterized" caution stickers and duct-taped toilets that indicate foreclosure. So I was surprised when I got an e-mail stating that in the state of New York, foreclosures are down 10 percent in the third
The good ones are flying off the shelves faster than we can do the paperwork! Don’t miss out on this prime buyer’s market– it won’t last forever!
Updated 11/03/2008
Now is...
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Update to previous post: "JPMorgan Chase Loan Modification - Mortgage Program Expanded"As reported by CNNMoney.com - "JPMorgan Chase expands housing rescue plan":The bank will step up its efforts to offer mortgage modifications for borrowers at risk, institute an independent review process to eliminate all unnecessary foreclosures and hire and train more staff to handle the added caseload that th
This bank owned foreclosure is in the best condition of any I’ve seen in months now.
Someone who’s not into buying a fixer upper ought to be jumping all over this.
These are pictures I took on a quick run thru the house. The listing agent actually took better pictures and you can see them here. [...]
The good ones are flying off the shelves faster than we can do the paperwork! Don’t miss out on this prime buyer’s market– it won’t last forever!
Updated 10/31/2008
Smart...
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When the foreclosure figures for September came, many local officials were relieved to see their efforts paying off. Among their efforts to curb foreclosure include the approval of a state law that requires lenders to give distressed homeowners 45 days notice before any default notices can be filed.
November 8, 2008
Among the many harsh lessons for mortgage lenders in the real estate bust is this one about evictions: Selling a house is far easier than taking it back. Clever opportunists and...
Free information and resources for people who are facing real estate foreclosure, including options, avoiding predatory foreclosure lending scams, delaying eviction, and the foreclosed properties cash
About 500 congregants and clergy from Bay Area churches packed into Holy Rosary Parish hall in Antioch on Monday night for a spirited town hall meeting to demand a broad-based approach to helping people avoid foreclosure. "Our purpose is to stand up for real change," said Raul DeAnda, a church member addressing the packed room of men, women and children, many waving colorful flags with slogans in
The federal government intends to get a program to help struggling homeowners revise mortgages running soon, a senior Treasury official told Congress on Thursday.Neel Kashkari, who is heading the government's $700 billion financial rescue effort, said the Treasury is working hard on the plan. It could include setting standards for changing mortgages to make them more affordable and giving loan gua
If you are currently seeking Foreclosures, Short Sales and REOs in the Wake Forest NC area - I can help! There is a large variety of homes currently available ranging in price from $78,940.00 - $1,329,900.00. All styles such as single family homes, estate homes, condos and townhomes are available.
For a free list of Foreclosures/Short Sales and REOs currently available in the Wake Forest, NC a
Utah Foreclosures are up 113% compared to the third quarter of last year according to Realty Trac. For the quarter, Utah ranks 10th nationally in the number of foreclosure filings. Foreclosures were up 22.26% compared to Q2 2008.
In September Utah ranked 13th nationally in percentage of foreclosure filings per household. 1 in every 516 [...]
The State of Oregon is below the national foreclosure rate, but foreclosures here are on the rise.Oregon now ranks 16th in the U.S. in foreclosure rate with one filing for every 677 housing units, according to RealtyTrac’s September 2008 report. By comparison, Nevada is tops in the country with one filing for every 82 households. The national average is one in every 475 housing units.Oregon fo
I just wrote an article about the really high foreclosure rates as reported by RealtyTrac . That really got me thinking about foreclosures in my area so I went to RealtyTrac to find my local foreclosures , and there were a lot more than even I expected, and the economy around me isn’t bad! If you want to find a local foreclosure around you just use the RealtyTrac link and either plug in your
The housing crash continues in California. According to the LA Times: “A record number of homes were lost to foreclosure in California over the last three months, up 228% from last year to a high of 79,511 homes. MDA DataQuick reported that more homes were taken back by lenders in the three months ended Sept. [...]
Well the September foreclosure figures are out from RealtyTrac . And while we can look at the big, really big number and compare it to foreclosures a year ago that does not give a real understanding of the fear and loss experienced by over 81,000 families that month. Maybe there is some hope headed down the road for homeowners that will soon be heading into trouble. The FDIC (Federal Deposit Insur
According to foreclosure-tracking service RealtyTrac, the foreclosure rate is falling nationwide.
Versus August, foreclosures fell by 12 percent in September 2008 as more than half of the states showed month-over-month improvement.
Most interesting in the data is that several states that led the foreclosure boom in 2007 now appear to be leading the charge out of it.
For example:
In Arizona, f
According to foreclosure-tracking service RealtyTrac, the foreclosure rate is falling nationwide.
Versus August, foreclosures fell by 12 percent in September 2008 as more than half of the states showed month-over-month improvement.
Most interesting in the data is that several states that led the foreclosure boom in 2007 now appear to be leading the charge out of it.
For example:
In Arizona, f
If you have problems viewing the Bloomberg video below, "Housing Defaults For September; Highest Metro Foreclosure Rates", you can find the video directly by clicking on the link we have provided:Housing Defaults For September; Highest Metro Foreclosure Rates
Back on May 2, I wrote a post about the short sales and foreclosures in Tigard, Lake Oswego and Portland. That was the second post I wrote and at that time I noted there were 10,318 pre-foreclosures in Portland alone. Those stats showed that Portland was the hardest hit and I saw there would be a lot more foreclosures [...]
RealtyTrac released their August 2008 foreclosure data last week and Oregon ranks 22thin the nation for per household foreclosures.There were 862 notice of defaults this month, up 19% from August 2007. The bank files a notice of default when a mortgage payment is late and attempts to reconcile the issue out of court have failed.If the homeowner doesn’t pay the default balance within 90 days then
San Diego Real Estate Blog
BANK OWNED FORECLOSURE IN EL CAJON – This beautiful two story home built in 1993 on a wonderful cul-de-sac is ready for a new owner. This El Cajon foreclosure has 4 bedrooms and 3 bathrooms and 1 bedroom and full bath is on the first floor. Freshly painted and cleaned. Nice [...]
I’m so glad to be out of the house again. Yesterday I found little gem. It’s 2 bedrooms, 2 bathrooms, all original including the hardwood floors. No reason that I saw at first look that it couldn’t be financed with an FHA loan. $133,000.
It’s got great features, and a view to boot!
The floors have been refi
Surging mortgage foreclosures will probably hurt banks even after the U.S. Treasury bolsters their capital.
So does that mean the money is going down the drain?
In the depression one of the steps the govt did was buy mortgages from the banks ...lowered the interest rates...and kept people in their houses...1,000 foreclosures a day where happening ...
What is so wrong in trying this approach...
San Diego Real Estate Blog
There are many foreclosures in Chula Vista and the supply will eventually trickle off in the upcoming years. For now foreclosures are some of the best priced homes and condos in the Chula Vista Real Estate Market. Homes and condos that are REO’s or “Real Estate Owned” are properties owned by [...]
I ventured out to do some real estate yesterday for a few hours. Feeling much better, and ready to go back to work full time (that is – instead of the usual double time).
This house is such a screaming deal, that I had to run over and take a look. Except for having the inside [...]
The mortgage foreclosure epidemic has been taking thousand of families who can no longer afford to pay their mortgage and putting them out on the streets. But what about the families who are still making their monthly payments, do they deserve to be thrown out too? In apartment complexes all across the country, good tenants,
It’s a sad fact that our community has not been immune to the mortgage meltdown and downturn of our economy. Every day I see more and more notices of foreclosure for local Maple Valley homes, more bank-owned homes and more short sales which may soon run out of time before being sold at a Trustee’s [...]
Despite not being mentioned in this post, I believe Marylanders who purchased through Countrywide are eligable for this settlement as well. I spoke with Countrywide and they said borrowers in Maryland are eligable. If you need to, make sure you call the number today, 1-800-669-6607
Via Dean Moss - Dean's Team Chicago Real Estate Team:It appears as if a good part of the old Countrywid
The Midwest has been hard hit by the foreclosure crisis and certainly Columbus has not escaped its fair share of foreclosures. In fact, Cleveland and Cincinnati have been hit even harder.
During election season, it’s always fun to politicize real estate. This map, courtesy of hotpads, is a heat map of foreclosures by congressional district. The [...]
Several cities and communities have been reporting a rental shortage for 1 and 2 bedroom apartments and condos. The areas that are having the shortages right now are the Atlanta area and Vancouver, BC as well as Australia (yep, down under is having a real estate melt down too). The Los Angeles area is also expected to have a rental shortage too.
I first got wind of it when a lender friend of
