14 Articles match "Auctions","Foreclose","Report"

• The Best from RealtyTrac

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• July Foreclosure Report
  
  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 state-by-state details . 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. U.S. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• FDIC Selling Off Detroit Inventory
  
  So it’s no wonder that it has no time to play nursemaid to a bunch of foreclosed real estate in foreclosure-laden Detroit, Mich. King Auction Company of Gadsden, Ala., to auction off 83 properties ranging in values from as low as $2,500 up to a home in the Grosse Pointe area that was recently listed for $1.3 The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Activity Deflating or Just Deferred?
  
  Foreclosure Market Report released today. In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. As can be seen in the chart below, the default and auction categories experienced double- and triple-digit YOY percentage increases for much of 2007. U.S. foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Room Enough for a Catnap
  
  Well, for one family it was the right time, an attractive property, and so they came off the fence and pounced at the opportunity of occupying a foreclosed property — quite literally, given that it’s a family of bobcats. According to a report on KABC television , the bobcats have been seen lounging around on the back wall of the home, and have also been spotted up in the trees. In this lackluster real estate market potential homebuyers have been sitting on the fence, observing from the sidelines as the number of foreclosures keeps going up and home prices keep plummeting.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• When Foreclosure Is Not Politically Correct
  
  politician. Multiple media outlets are reporting that U.S. Located in the upscale Curtis Park neighborhood of Sacramento, the property has gone through the foreclosure auction process and reportedly been purchased by Red Rock Mortgage for $388,000, a far cry from the $535,000 Richardson paid for it back in January 2007. In addition to defaulting on the mortgage payment, the MercuryNews is reporting that Richardson had a lien against the property for unpaid utility bills in the amount of $154, and Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A Small Silver Lining in Q1 Foreclosure Storm
  
  While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market. The Detroit Free Press reported that "Detroit home sales shot up 30.8% On the other hand, those exceptions could just turn out to be a source of false hope, perpetuated in part by short-term foreclosure solutions that are about as effective as a five-gallon bailing bucket on the sinking Titanic.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The Legend of Foreclosure Vandalism Grows
  
  The Wall Street Journal is reporting that more and more homeowners forced out of their homes by foreclosure are turning to vandalism to lash out in some tangible way in a situation where they feel powerless. The article claims that "real estate agents estimate that about half of foreclosed properties to be sold by mortgage companies nationwide have substantial damage, according to a new survey by Campbell Communications, a marketing and research firm based in Washington, D.C." Las Vegas is used as a backdrop for the story, not surprising given that the foreclosure rate in Las Vegas consistently ranks among the top 10 metro foreclosure rates, according to RealtyTrac.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  This time period is approximately 30 days long. Rescission of a Notice of Default When signed by the homeowners association or agent and recorded by the trustee, this document removes the effect of the previously recorded Notice of Default. Substitution of Trustee A written document by which one trustee is appointed in place of another. Trustee The person or party to whom property is conveyed in trust for the benefit of others. Trustee’s Deed Upon Sale A document signed by the Trustee that transfers ownership of the foreclosed property to the successful bidder at a Trustee’s
  www.realtytrac.com - Tuesday, February 3, 2009
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• Is Eight Enough?
  
  The number of properties with some sort of foreclosure action against them (default notice, auction notice, bank repossession) has consistently risen for the past eight quarters (see chart). Foreclosure Market Report released by RealtyTrac today. And while this upward trend in foreclosure activity is driven largely by a few populous states with volatile housing markets, there's no doubt the pain is spilling over into many other areas across the country. “Forty-eight While there have been monthly fluctuations up and down during this time period, the quarterly numbers consistently have been up quarter over quarter, and the most recent quarter was no exception, according to the U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Almost Like Reliving the Nineties
  
  After last week’s disappointing employment report was released by the U.S. We have the high foreclosure levels being reported by RealtyTrac on a regular basis. It doesn’t matter whether you are talking about total foreclosure filings (defaults, auctions and REOs together) or the total number of unique properties being foreclosed on every month. Well, in case you either weren’t in the business at that time, or were hoping to erase the nightmare permanently, welcome to the early 1990s redeaux…almost! We’re getting there.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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