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9 Articles match "Associated","Balance","Houses"
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The Latest from RealtyTrac
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Option ARM Borrowers Running Out Of Time
The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. The rules for option ARMs often say that when the loan balance grows to 110 percent of the original debt the loan must then be recast . Combine minimum monthly payments with negative amortization and recasting when loan balances reach 110 percent and the result is that the monthly payment is increased immediately — not after five years. Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right up folks.
www.realtytrac.com
- Tuesday, February 3, 2009
Stop Home Foreclosure
How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. The "as is” appraised value and the sale price should be least 70 percent to 80 percent of the unpaid principal balance of the home. You must also be able to close on the sale of your house within one to two months. (Note: Johnson If you are currently in foreclosure, strongly consider selling your property as a backup plan. The object is to pay off all debt and expenses, walk away without a foreclosure or bankruptcy on your credit history and perhaps put
www.realtytrac.com
- Tuesday, February 3, 2009
Wachovia Changes The Lending Game
More significantly — and unlike Wachovia’s competitors — it’s making it easier for borrowers to dump option-ARMs by waiving the prepayment penalties routinely associated with such loans. “Effectively immediately,” says the company, “Wachovia is waiving all prepayment fees associated with its Pick-A-Pay mortgage to allow customers complete flexibility in their home financing decisions. If that happens, the Wachovia plan may well be responsible for saving tens of thousands of families from foreclosure.” Washington On Capitol Hill, both the House and the Senate have passed
www.realtytrac.com
- Tuesday, February 3, 2009
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Digital Real Estate Data Means "OPEN HOUSE" 24/7
An avalanche of information now available on the World Wide Web is shifting the balance of power in the real estate industry and giving homebuyers and sellers more control over the deal than ever before — and changing the nature of real estate forever. Today, in the new digital democracy, more than 80 percent of house-hunters use the Internet to help them find a home, according to the National Association of Realtors . The Internet is rapidly and radically transforming the way people buy and sell homes. Ten years ago, only a fraction of homebuyers and sellers used the Internet.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
At the same time, thesteep rise in housing prices over the last few years has created amassive amount of equity in many properties — a tempting target forswindlers. In any case, legitimate foreclosure investors willneed to find ways to overcome the stigma associated with foreclosureinvesting because of the increased attention to this problem. Make a comment or send us an e-mail . An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. The homeowner said he was trickedinto
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Glossary of Foreclosure and Real Estate Terminology - Realtytrac
The announcement establishes the new date and time for the Trustee’s Sale. Publication Letter The authorization from the homeowners association for the Trustee to set the sale date and begin notification and publication of the Notice of Trustee’s Sale. Pre-Publication Period This is a statutory minimum time period of three months following the recording of the Notice of Default which the trustee must wait before setting a date for the Trustee’s Sale. Publication Period The time period beginning after the Pre-Publication Period and ending with the Trustee’s
www.realtytrac.com
- Tuesday, February 3, 2009
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Fannie: Q1 a Swift Kick in the Rear
It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. In order to buffer it’s balance sheet to ride out the rest of the economic downturn, Fannie also announced that it will lower its stock dividend to $0.25 And as with many corporations in this country, the national economy is kicking Fannie around…fast and hard! One of the nation’s two Government Sponsored Enterprises (GSEs), Fannie reported a first quarter net loss of $2.2
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Foreclosures Mount, Candidates React to the Credit Crisis
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. Yearning to retake the GOP-controlled White House next year, the Democrats are clamoring for the federal government to do something, anything, to contain the 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Stop Home Foreclosure
How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. The "as is” appraised value and the sale price should be least 70 percent to 80 percent of the unpaid principal balance of the home. You must also be able to close on the sale of your house within one to two months. (Note: Johnson If you are currently in foreclosure, strongly consider selling your property as a backup plan. The object is to pay off all debt and expenses, walk away without a foreclosure or bankruptcy on your credit history and perhaps put
www.realtytrac.com
- Tuesday, February 3, 2009
-
Wachovia Changes The Lending Game
More significantly — and unlike Wachovia’s competitors — it’s making it easier for borrowers to dump option-ARMs by waiving the prepayment penalties routinely associated with such loans. “Effectively immediately,” says the company, “Wachovia is waiving all prepayment fees associated with its Pick-A-Pay mortgage to allow customers complete flexibility in their home financing decisions. If that happens, the Wachovia plan may well be responsible for saving tens of thousands of families from foreclosure.” Washington On Capitol Hill, both the House and the Senate have passed
www.realtytrac.com
- Tuesday, February 3, 2009
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Option ARM Borrowers Running Out Of Time
The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. The rules for option ARMs often say that when the loan balance grows to 110 percent of the original debt the loan must then be recast . Combine minimum monthly payments with negative amortization and recasting when loan balances reach 110 percent and the result is that the monthly payment is increased immediately — not after five years. Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right up folks.
www.realtytrac.com
- Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
quot;I think this time residential housing is in the 100-year flood, and I think it's going to take a long time to recover," said David Shulman, senior economist at the UCLA Anderson Forecast , at the Zelman & Associates Housing Summit in Dallas on Sept. Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Posted 09-30-2008 11:27 AM by darenb Filed under: Foreclosure Trends , Real Estate Trends
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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