21 Articles match "2008","Buying","Foreclose"

• The Best from RealtyTrac

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• New Ultimatum Hits Lenders: Buy Loans or Foreclose
  
  It was in early October when Bank of America said it would modify 400,000 mortgages originated during past few years by its newly acquired Countrywide subsidiar
  RealtyTrac Article Library - Monday, December 8, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  Does this make it a good time to buy real estate? We'd like to hear from you when and if you plan to step in and start buying. 262 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Buying Foreclosures at the Auction: Make a Killing or Get Killed
  
  “Buying foreclosed real estate at an auction is like having a license to steal,” says Larry Blachman , a Realtor who specializes in foreclosures and author of Buying Foreclosures at a Trustee’s Sale. But buying foreclosed homes at an auction is also probably the most dangerous way to purchase real estate — unless you know how the process works. “If If you know the game, you can make a killing; if don’t, you can get killed,” added Blachman. RealtyTrac expects foreclosure activity to rise in the next couple of years, meaning more foreclosed properties will be available for home buyers, investors and real estate agents.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• FDIC Selling Off Detroit Inventory
  
  In fact the agency’s head just announced this week that it has adjusted its estimate of how many of the nation’s banks are seriously in trouble of going out of business this year upward from 90 in Q1 2008 to 117 now. So it’s no wonder that it has no time to play nursemaid to a bunch of foreclosed real estate in foreclosure-laden Detroit, Mich. The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
  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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• All Aboard, Take a Ride on the Foreclosure Bus Tour
  
  Every Saturday, Dias packs in homebuyers into a bus tour of foreclosed homes in Stockton. If the foreclosures keep going up in Stockton, Dais may need to buy a fleet of foreclosure buses to drive more business. Posted 10-22-2007 9:47 AM by Octavion Filed under: Foreclosure Trends , bus tour How do buyers find foreclosures in a downward real estate cycle? That’s easy.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: South Carolina
  
  am referring to the investors who over-extended themselves with speculation, the second home buyers who bought more than they could afford, and the buyers who were talked into adjustable rate mortgages (ARM) loans so they could buy more home than they could afford. A lot of foreclosures here in South Carolina are also manufactured houses. There seem to be more high-end homes being foreclosed on too. We are seeing more and more foreclosures come onto the market at this time here in South Carolina. There is an immense amount of short sale activity going on.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Foreclosures Mount, Candidates React to the Credit Crisis
  
  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. Meanwhile, the rising flood of foreclosures promises to become a major presidential campaign issue in the weeks and months ahead because an alarming 2 million American homeowners could lose their homes by November 2008. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• America's Most Expensive Foreclosure?
  
  If opulence and grandeur is what you desire, then you might consider buying Hearst’s former Manalapan estate. The mansion was foreclosed on February 25th on the Palm Beach County courthouse steps. Mention the word “foreclosure” and most homebuyers and investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. But now some of the most opulent estates are increasingly becoming available for savvy investors and homebuyers as a growing number of well-healed homeowners are defaulting on their mortgage payments and property taxes.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective, Seattle, Wash.
  
  Moreover, hire a contractor and get a written estimate to repair the foreclosed home. There are many different potential problems that can come up when buying a house in a distressed situation. Here are some things to keep in mind when considering a distressed property purchase: Foreclosures are the most problem prone and strenuous type for real estate purchase. You never get a perfect house.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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