3 Articles match "Auctions","California","Missouri"

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Secrets of Pre-Foreclosure Investing
The auction was scheduled a few weeks down the road. Many times, says Randy Siems, a Missouri pre-foreclosure investor who made over $1 million in pre-foreclosure equity deals last year, the person answering the door isn’t aware that they are in foreclosure because their spouse hasn’t told them. “I once put together a deal where the wife didn’t tell the husband that they were in foreclosure,” said Siems, who engineered the deal at the couple’s kitchen table. “I Buying pre-foreclosures has two main advantages over buying 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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FBI: Mortgage Fraud Begets Foreclosure
The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
www.foreclosurepulse.com - Tuesday, December 16, 2008
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May Home Prices Down 4.8 Percent
The Pacific Division, which includes Hawaii, Alaska, Washington, Oregon and California, reported a 0.3 The West North Central Division, which includes North Dakota, South Dakota, Minnesota, Nebraska, Iowa, Kansas and Missouri, reported no monthly change in home prices. It will be interesting to see how these home price numbers correlate to the Q2 foreclosure numbers RealtyTrac will be releasing Friday. We'll be posting those numbers as soon as they are available. Home prices were down again in May, but a few regions of the country experienced a ever-slight uptick in prices from the previous month, giving officials at the Office of Federal Housing Enterprise Oversight (OFHEO) a chance to be cautiously optimistic in the press release announcing the numbers. "It
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • May Home Prices Down 4.8 Percent
    The Pacific Division, which includes Hawaii, Alaska, Washington, Oregon and California, reported a 0.3 The West North Central Division, which includes North Dakota, South Dakota, Minnesota, Nebraska, Iowa, Kansas and Missouri, reported no monthly change in home prices. It will be interesting to see how these home price numbers correlate to the Q2 foreclosure numbers RealtyTrac will be releasing Friday. We'll be posting those numbers as soon as they are available. Home prices were down again in May, but a few regions of the country experienced a ever-slight uptick in prices from the previous month, giving officials at the Office of Federal Housing Enterprise Oversight (OFHEO) a chance to be cautiously optimistic in the press release announcing the numbers. "It
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • FBI: Mortgage Fraud Begets Foreclosure
    The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Secrets of Pre-Foreclosure Investing
    The auction was scheduled a few weeks down the road. Many times, says Randy Siems, a Missouri pre-foreclosure investor who made over $1 million in pre-foreclosure equity deals last year, the person answering the door isn’t aware that they are in foreclosure because their spouse hasn’t told them. “I once put together a deal where the wife didn’t tell the husband that they were in foreclosure,” said Siems, who engineered the deal at the couple’s kitchen table. “I Buying pre-foreclosures has two main advantages over buying 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