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23 Articles match "2008","Free","Properties"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I We sold a condo and bought a single-family home.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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A Small Silver Lining in Q1 Foreclosure Storm
While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market. Dispatches from Detroit indicate that free-market forces may be the catalyst. On the other hand, those exceptions could just turn out to be a source of false hope, perpetuated in part by short-term foreclosure solutions that are about as effective as a five-gallon bailing bucket on the sinking Titanic.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Now Homebuilders Face Foreclosure
Homebuilders, meanwhile, have been frantically selling off properties at huge discounts, laying off employees and selling undeveloped land to raise capital and remain liquid. But many homebuilders — both publicly and privately held — will become extinct in 2008. To move the glut of unsold inventory quickly, some builders are staging flashy promotions, slashing prices and throwing in “free” incentives like For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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RealtyTrac Launches New Mapping Tool
RealtyTrac members can view these new maps by clicking the map icon next to any property on the Search Results Page or by clicking the map links on any Property Details Page. When RealtyTrac visitors enter the map page, they will see icons representing all of the foreclosure properties in the RealtyTrac database that are located within the map area. quot;Our customers now have the ability A new and exciting interactive 3-D mapping tool has arrived here at RealtyTrac . The new map experience is a vast improvement, and is unique among all national foreclosure services, giving
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fannie Mae Toughens Foreclosure Guidelines
Effective June 1, 2008, Fannie will require a potential borrower’s credit history to be free from any foreclosure activity for five years before it will consider buying a mortgage taken out by that borrower. For real estate professionals, these new guidelines will most likely make it harder for their clients to obtain financing for that bargain property they’re looking to purchase, whether a property in foreclosure, a bank-owned property or even a conventional listing selling at a reduced price. Posted 04-07-2008 9:45 AM by joelc
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Bubble monitoring
One of the best reads among the bubble blog genre is BubbleMarkets Inventory Tracking , which regularly uses RealtyTrac data totrack how a " property flipper in trouble "has fallen into foreclosure on several investment properties. Wasserman: sign up for a 7 day free trial of RealtyTrac and look it up!" Posted 05-10-2006 11:10 AM by darenb Filed under: Foreclosure Trends , Real Estate Trend Its always fascinating to see the different ways people useRealtyTracs foreclosure data. For instance, there are
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Exclusive Interview with Dave Webb of Hudson & Marshall
As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. Webb believes now is a good time to buy foreclosure properties. Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these properties. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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MBA Numbers Mirror RealtyTrac Data:
More than 120,334 properties nationwide entered some stage of foreclosure in November, an increase of 4.1 Please feel free to comment on this article, or write an e-mail to us at: editor@foreclosurepulse.com . Posted 12-14-2006 9:22 AM by Octavion Filed under: Foreclosure Trends , Real Estate Trends , MB The number of delinquent mortgage payments and foreclosures jumped in recent months, according to a new survey released today by the Mortgage Bankers Association . The MBA’s quarterly report — surveying
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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How Can Financially-Troubled Homeowners Prevent Foreclosure?
For lenders, foreclosures are costly — often entailing heavy payouts for legal fees, realty brokerage commissions, repairs, property taxes, maintenance and carrying costs. Consider the Homeownership Preservation Foundation , which provides a national toll-free hotline — 1-888-995-HOPE (4673) — offering free foreclosure prevention services and counseling to consumers. When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? For the 112,210 Americans who entered the foreclosure pipeline in September, the answer
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Rise in Home Values Keeps Foreclosures in Check
While this is good news for anyone who owns a home, there is a potential downside to this forecast for anyone interested in foreclosure property. If Adibi is right, the pool of potential properties entering into the foreclosure pipeline could shrink. This means that invstors or home buyers looking for foreclosure properties will have to remain vigilant, and pursue opportunities quickly and proactively. Economics 301 – Home Price Appreciation and Household Net Wealth According to the Business & Economic Review June 2006 released last week by the A. Gary Anderson Center for
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Improved postcard system for contacting homeowners
But itdoesn’t eliminate the follow-up or leg work involved in buyingpre-foreclosure.Before you send postcards to a homeowner in foreclosure, it’s always agood idea to do some research to make sure that the property is still in foreclosure and that the investment potential justifies making contact with the owner in the first place. Learn more about RealtyTracs new and improved postcard system, and good luck with your search! Posted 05-30-2006 1:27 PM by darenb Filed under: RealtyTrac Tools & Features
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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