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5 Articles match "2008","Maine","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
Subprime meltdown means jump in foreclosures
subprime mortgage market after the bankruptcy of at least 20 lenders in the last two months, triggering a mass liquidation of securities on Wall Street and an avalanche of foreclosure activity on Main Street. With the advent of Web-based real estate sites like RealtyTrac , real estate entrepreneurs can now accelerate the process for buying foreclosure properties. Panic is spreading in the U.S. As more lenders go bankrupt and more Americans default on home loans, a jump in foreclosures is expected.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures and Hurricanes: A Nasty Combo
residents from Texas to Maine. reported a rise in homeowner vacancies for the first quarter of 2008 from the previous quarter and the same quarter a year ago. The potential for damage to other homes and personal property, along with the hazardous danger of bodily harm involved, may give support to the idea being promoted in many cities, counties and states around the country to hold lenders liable for maintaining the foreclosed properties in their REO inventory until they are sold. The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fannie Mae Toughens Foreclosure Guidelines
As one of the two main Government Sponsored Enterprises (GSEs) in this country — the other is Freddie Mac — Fannie announced new guidelines that will effect the loans it buys from lenders all over the country, securitizes and then sells to Wall Street investors. 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. It was bound to happen. With government officials at the local, state and federal levels clamoring to clamp down
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Subprime meltdown means jump in foreclosures
subprime mortgage market after the bankruptcy of at least 20 lenders in the last two months, triggering a mass liquidation of securities on Wall Street and an avalanche of foreclosure activity on Main Street. With the advent of Web-based real estate sites like RealtyTrac , real estate entrepreneurs can now accelerate the process for buying foreclosure properties. Panic is spreading in the U.S. As more lenders go bankrupt and more Americans default on home loans, a jump in foreclosures is expected.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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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Avoid and Stop Foreclosure - Help at RealtyTrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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