2 Articles match "2009","Nevada","Upside-Down"

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Secrets of Pre-Foreclosure Investing
The auction was scheduled a few weeks down the road. After my mailing campaign narrows down my prospects to a handful of pre-foreclosures owners, I pre-qualify them on the telephone and then go visit them in person a couple of days before the auction.” His software, he claims, separates upside- down deals from equity-rich properties. “On Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com - Tuesday, February 3, 2009
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High-End Foreclosures Rising Among Top Tier Homes
This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down loans as well, forcing homes valued at more than $750,000 into foreclosure. The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate
www.realtytrac.com - Tuesday, February 3, 2009
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  • High-End Foreclosures Rising Among Top Tier Homes
    This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down loans as well, forcing homes valued at more than $750,000 into foreclosure. The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Secrets of Pre-Foreclosure Investing
    The auction was scheduled a few weeks down the road. After my mailing campaign narrows down my prospects to a handful of pre-foreclosures owners, I pre-qualify them on the telephone and then go visit them in person a couple of days before the auction.” His software, he claims, separates upside- down deals from equity-rich properties. “On Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE