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12 Articles match "Accounting","Properties","Sales"

The Latest from RealtyTrac MORE
The Government Goes After Loan Officers
Most investors who bought these securities,” says the SEC, “lacked the cash or income to do so, but were urged by their brokers to raise the money to pay for the purchases and the monthly payments required for these products by refinancing their fixed-rate mortgages into subprime adjustable-rate negative amortization mortgages.” According to the SECs complaint “each defendant was a mortgage broker as well as a registered representative and collected compensation from the mortgage refinancings as well as the sales of securities. In making the sales, the brokers allegedly misrepresented
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
Option ARM Borrowers Running Out Of Time
For instance, to reduce down payment requirements borrowers could buy with "piggyback" financing, deals with a first loan equal to 80 percent of the purchase price and a second loan equal to 10 percent, 15 percent and even 20 percent of the sale value. With higher home values properties could be readily sold or refinanced with little risk. Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up folks.
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
Stop Home Foreclosure
Johnson    If you are currently in foreclosure, strongly consider selling your property as a backup plan. One of the strategies to stop foreclosure is to sell your property as quickly as possible; keeping in mind that the foreclosure process can be complete in a little over one month in certain states. Your lender may agree to accept the sale as total satisfaction of your mortgage obligation even if the How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. The object is to pay off all debt and expenses, walk
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
  • The Best from RealtyTrac MORE
  • Tips for Buying Short Sales from the Lender
    With more and more sellers unloading their homes for less than what they owe on their mortgages, now is a good time for investors to start negotiating “short sales” with lenders . Next, when you talk with the lender's loss mitigator, you'll want to find out three things: • Will the lender agree to a short sale; • What additional information they'll need to complete the process; • Request the “payoff quote schedule,” which is what the lender thinks they are owed. Real estate investors can find good deals as long as you are aware of the extra time and work required to make it happen.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Foreclosure Financing and Foreclosure Refinancing - RealtyTrac
    Foreclosure Financing: How to Buy Foreclosure Real Estate Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Finding financing for the foreclosure deal... is one of the most difficult aspects of purchasing a distressed property. Find below-market priced properties
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Avoid and Stop Foreclosure - Help at RealtyTrac
    Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Local Market Perspective: Las Vegas
    The sales are 29.9 Properties owned by banks and other lenders are accounting for more than half of all the homes sold each month. She sent a link to a story from In Business Las Vegas , citing a pick up in homes sales in Las Vegas. Shari Springer Springer Realty The Greater Las Vegas Association of Realtors reported May 6 that 1,794 single-family homes were sold in April, a 21.4 percent jump over the 1,478 homes sold in March.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • OTS Director Offers Alternative Plan to Congress
    Loan-to-value ratio cannot exceed 90 percent of the current fair market value of the property, and FHA is requiring a 5 percent fee payable to it at the time of origination, PLUS an exit premium payable at the time the property is either sold or refinanced. Basing the loan on the current fair market value of the property is the same as well. In a statement delivered before the Committee on Financial Services of the U.S. House of Representatives earlier this week, John M.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Stop Home Foreclosure
    Johnson    If you are currently in foreclosure, strongly consider selling your property as a backup plan. One of the strategies to stop foreclosure is to sell your property as quickly as possible; keeping in mind that the foreclosure process can be complete in a little over one month in certain states. Your lender may agree to accept the sale as total satisfaction of your mortgage obligation even if the How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. The object is to pay off all debt and expenses, walk
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • California Foreclosures 2007: Steady As She Goes
    Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. Only a slight uptick in job creation throughout California is expected, along with low housing affordability, a larger inventory of unsold houses, declining home prices, lower sales volume and less residential construction. A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Foreclosure "Megatrends"
    Sales are down. What ever happened to the savings account? This week alone, two trophy properties were swept away in the foreclosure tsunami. Foreclosures are rising. Home prices are falling. What does all this mean?
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 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 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. View
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • The Government Goes After Loan Officers
    Most investors who bought these securities,” says the SEC, “lacked the cash or income to do so, but were urged by their brokers to raise the money to pay for the purchases and the monthly payments required for these products by refinancing their fixed-rate mortgages into subprime adjustable-rate negative amortization mortgages.” According to the SECs complaint “each defendant was a mortgage broker as well as a registered representative and collected compensation from the mortgage refinancings as well as the sales of securities. In making the sales, the brokers allegedly misrepresented
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
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