4 Articles match "2005","Sales","Stop"

The Latest from RealtyTrac MORE
July Foreclosure Report
People renting can have financial problems, and they can stop paying rent, but they cant have foreclosures because they dont have mortgags. Lots of investors and speculators bought here, resulting in massive increases in value in 2004 and 2005. Foreclosures and short sales are flooding the market, accelerating the declines. U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details .
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
As Foreclosures Mount, Candidates React to the Credit Crisis
Sensing an opportunity to win votes, the major presidential candidates have come out swinging; proposing a variety of prescriptions to ease the worsening housing slump.Both the White House and Democrat leaders in Congress agree that something must be done to stop the foreclosures. Brokers should have to act either as agents of the borrower, thereby owing them a fiduciary duty, or as agents of the lenders, who would be responsible for the brokers' sales practices.” With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
BK' Doesn't Stand for Burger King
The federal government clamped down on that “loophole” with the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. What consumers/distressed homeowners need to understand is that bankruptcy does not STOP a foreclosure proceeding, but merely delays it. In the end, more bankruptcy filings may translate into more short sales down the road, or possibly more people simply walking away from their homes — with or without a The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache. In this, the legal sense for the abbreviation,
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Local Market Perspective: Lake Havasu, Ariz.
    I am seeing a rise in foreclosures and short sales far higher than May of 2007. My last seven sales have all been bank-owned homes, with over 171 contacts from my RealtyTrac source. Unfortunately, what folks hear in the news, for the most part, does not apply to Lake Havasu; with it being a second home community, people from out of state are not jumping on the buying wagon since their present homes, which are up for sale, are still not selling. With a population of fewer than 55,000, the Lake Havasu, Ariz., real estate market is still declining.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • BK' Doesn't Stand for Burger King
    The federal government clamped down on that “loophole” with the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. What consumers/distressed homeowners need to understand is that bankruptcy does not STOP a foreclosure proceeding, but merely delays it. In the end, more bankruptcy filings may translate into more short sales down the road, or possibly more people simply walking away from their homes — with or without a The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache. In this, the legal sense for the abbreviation,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Foreclosures Mount, Candidates React to the Credit Crisis
    Sensing an opportunity to win votes, the major presidential candidates have come out swinging; proposing a variety of prescriptions to ease the worsening housing slump.Both the White House and Democrat leaders in Congress agree that something must be done to stop the foreclosures. Brokers should have to act either as agents of the borrower, thereby owing them a fiduciary duty, or as agents of the lenders, who would be responsible for the brokers' sales practices.” With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • July Foreclosure Report
    People renting can have financial problems, and they can stop paying rent, but they cant have foreclosures because they dont have mortgags. Lots of investors and speculators bought here, resulting in massive increases in value in 2004 and 2005. Foreclosures and short sales are flooding the market, accelerating the declines. U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE