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26 Articles match "2008","Bank Owned","REO"
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The Latest from RealtyTrac
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July Foreclosure Report
Bank Repossessions (REOs) accounted for 28 percent of all activity during the month, while defaults accounted for 41 percent and auction notices accounted for 31 percent. That is in contrast to REOs accounting for just 16 percent of all activity in July 2007, while defaults in July 2007 were still at 41 percent and auction notices were at 43 percent. This shift in percentages shows that a higher 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Beginner investors wise to avoid auctions
Lance Young, a real estate investor and author of several eBooks on real estate investing ,recently told me he doesnt recommend foreclosure auctions to thebeginner investor unless "he or she is willing to lose money on thedeal.” Posted 04-17-2006 6:20 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Oklahoma City Foreclosure Activity
The countys foreclosure rate was third highest among Oklahoma counties for the year despite a 19 percent year-over-year decrease in foreclosure activity. Search Oklahoma County foreclosures. Posted 02-02-2008 9:17 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trend Per a request from Roland in our blog post about Stockton, Calif ., foreclosures, below is a map showing foreclosure activity in Oklahoma County, Okla..
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Montgomery County, Ohio Foreclosure Map
Certainly, the activity is not as dense here as in some of the other maps weve posted, but there still seems to be a good amount of activity. Posted 02-17-2008 8:50 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Search: Lessons from Long Beach
For example, one search this customer ran was for bank-owned properties in a specific Long Beach zip code. 30, 2005. Because of the sparse search results, I advised thecustomer that buying a bank-owned property in the zip code she was searching wouldrequire anextra measure of patience and persistence. But to remind her that it is possible, I also told her about a recent member success story that recounts how a customer successfullypurchased A few days ago I spoke to a new RealtyTrac customer who was having trouble tracking down foreclosure property in Long Beach, Calif .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Downpour Continues in May
Bank repossessions (REOs) accounted for 28 percent of the total activity and the biggest increase among the three types of foreclosure filings tracked in the report. REOs were up 35 percent from the previous month and 158 percent from May 2007. Let us know what you think. Posted 06-13-2008 2:00 AM by darenb Filed under: Foreclosure activity continued its upward climb in May, increasing on a year-over-year basis for the 29th consecutive month, according to the RealtyTrac U.S. Foreclosure Market Report
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Deflating or Just Deferred?
In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. But the increases in those categories started to slow down in 2008. U.S. foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the RealtyTrac U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Beginner investors wise to avoid auctions
Lance Young, a real estate investor and author of several eBooks on real estate investing ,recently told me he doesnt recommend foreclosure auctions to thebeginner investor unless "he or she is willing to lose money on thedeal.” Posted 04-17-2006 6:20 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Cape Coral, Fla.
The opportunity to own a home at affordable prices has never been greater, but getting to the closing table is so much more difficult. Many of the best deals in our area are bank-owned properties. In our city, the bank has taken the property back but they may not have paid all the liens from our code enforcement and generally speaking that does not come up until the final title search is done, so a delay is normal. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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MBA Survey Confirms Q1 Foreclosure Surge
The first quarter MBA National Delinquency Survey released today largely supports the findings of the RealtyTrac Q1 2008 U.S. housing market for several months and even years to come. Posted 06-05-2008 4:19 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends , Real Estate Trend Foreclosure Market Report released at the end of April, which found overall foreclosure activity increased 23 percent from the fourth quarter of 2007 and 112 percent from the first quarter of 2007.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures in Money's 'Best Places to Live'
According to the latest data on the RealtyTrac website, Fort Collins has only 20 properties in the pre-foreclosure stage, but 226 properties are ready to go to auction and another 156 are bank owned (REO). Money magazine came out last week with another of its Top 10 lists; this one called "America’s Best Places to Live 2006 ." And the winner is . . .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Stumbling Subprimes Spell Opportunity
Even if they don’t plan to buy immediately, investors and buyers who are serious about finding good deals should start looking now so theyre prepared to act quickly. Posted 02-22-2007 12:04 PM by darenb Filed under: Bank-Owned/REOs , Foreclosure Trend The subprime mortgage industry is stumbling under a heavy burden of defaults, watching profits dwindle as lenders are forced to buy back loans that have turned sour. This bottom-line reality is forcing many lenders to tighten their lending requirements.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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