13 Articles match "2007","Offer","Properties"

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• Want to Be Taken Seriously in the Foreclosures Market? Make a Realistic Offer!
  
  Despite what you may see on late-night cable TV, investing in foreclosure properties isn't a sure fire "get rich quick" formula. Lenders aren't likely to give properties away, particularly in a real estate market where prices continue to rise. And h
  RealtyTrac Article Library - Tuesday, November 6, 2007
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• Want to Be Taken Seriously in the Foreclosures Market? Make a Realistic Offer!
  
  Despite what you may see on late-night cable TV, investing in foreclosure properties isn't a sure fire "get rich quick" formula. Lenders aren't likely to give properties away, particularly in a real estate market where prices continue to rise. And h
  RealtyTrac Article Library - Tuesday, November 6, 2007
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• OTS Director Offers Alternative Plan to Congress
  
  Reich, Director of the Office of Thrift Supervision (OTS), offered an alternative foreclosure prevention plan to the one under consideration from the Federal Housing Administration (FHA). Reich pointed to the FHASecure program as an example, where 116,000 loans have closed since the program was launched in September 2007, but only 1,500 of them were made to refinance delinquent conventional loans. In a statement delivered before the Committee on Financial Services of the U.S. House of Representatives earlier this week, John M.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Lake Havasu, Ariz.
  
  percent from May 2007. percent from May 2007. I am seeing a rise in foreclosures and short sales far higher than May of 2007. The property was worth $550,000 in 2005, but today sold for $308,000. Right now I am telling my buyers to come on over and pick out a home before everyone realizes the bargains and lines forms on offers forcing prices back up. 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
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• Local Market Perspective: Las Vegas
  
  percent higher than April 2007. Properties owned by banks and other lenders are accounting for more than half of all the homes sold each month. percent from April 2007. or more, with a potential monthly rent of $1,800 to $2,000 are seeing multiple offers. Shari Springer Springer Realty The Greater Las Vegas Association of Realtors reported May 6 that 1,794 single-family homes were sold in April, a 21.4 percent jump over the 1,478 homes sold in March.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fannie: Q1 a Swift Kick in the Rear
  
  billion loss reported for Q4 2007, it pales in comparison to the $961 million profit the GSE reported for the same quarter a year ago. Credit-related expenses for the quarter rose from $3 billion for Q4 2007 to $3.2 However, foreclosed property expenses decreased to $170 million for the latest quarter, from $179 million in Q4 2007. It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. And as with many corporations
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bank-Repossession Beat Continues in March
  
  In the latter case, the homeowner offers to convey ownership of the property to the foreclosing lender. The lender also has to agree to the DIL arrangement, which may involve clearing out other liens secured by the property. But that may be better than the alternative — a costly and lengthy process that will quite likely end with the bank repossessing the property anyway. For the third month in a row U.S. foreclosure activity registered at more than 50 percent above the level it was at a year ago, according to the March RealtyTrac U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
  
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  www.realtytrac.com - Tuesday, February 3, 2009
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• No Mortgage Meltdown For These Banks
  
  One result is that the mortgage meltdown is described in global terms, as if all lenders offered toxic loans during the past few years and the entire financial community is universally in trouble. number of lenders have maintained traditional underwriting standards and mortgage offerings. not far from Manhattan, Hudson City Bancorp has a lending philosophy that dates back decades: No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
  www.realtytrac.com - Tuesday, February 3, 2009
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• BK' Doesn't Stand for Burger King
  
  Well, the American Bankruptcy Institute just released its numbers for calendar year 2007 and consumer bankruptcies were up 37.6 Of ABI’s top 10 states with the highest per capita filing rate for 2007, four of them — Georgia, Michigan, Ohio and Nevada — were also some of RealtyTrac’s top 10 foreclosure states for much of the year. Whether the net result is a short sale, a walk away or going through the whole foreclosure process, it seems like 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
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