9 Articles match "Avoid","California","Houses"

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• Avoiding, Stopping Foreclosures Information, Helpful Resources, Stop Home Foreclosure - RealtyTrac
  
  Million Foreclosures
  www.realtytrac.com - Tuesday, February 3, 2009
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• Betting Everything on the House: 3 Risky Loans to Avoid
  
  Falling prices, sluggish sales and risky loans that let borrowers pile up debt faster than they can pay it off could put more homeowners out of their houses this year than at any other time this decade. Yet many homeowners — particularly in California, Florida and Colorado — are still purchasing or refinancing their mortgages with “exotic” loans that may keep their monthly payments low now, but when these gimmicky loans “reset” upward borrowers could lose their homes if they haven’t planned for an increased monthly mortgage payment. While these loans certainly can be used for good, too often consumers don’t fully understand the risks involved.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
  
  Million Foreclosures
  www.realtytrac.com - Tuesday, February 3, 2009
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• 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. seem to indicate that California is economically sound and stable. Still, enough of the prime indicators are projected to turn and remain 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. The state hit its peak towards the end
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Burning Down the House
  
  Foreclosures nationwide are heating up, especially in once-supercharged real estate bubbles like Florida, California, Nevada and Arizona. But in Michigan, where foreclosures are widespread and a hot market for real estate investors, people are burning down the homes to avoid foreclosure . . . At RealtyTrac , we’ll keep you informed of these and other developments. Posted 10-04-2007 2:51 PM by For many real estate investors, the foreclosure market is smoking. literally!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Crisis Sparks Surge in Arson
  
  People upside-down on their house with variable-interest-rate loans, or upside-down on their cars, are pretty quick to burn their property right now.” Foreclosure arson has doubled in California from 7 homes last year to 14 homes so far in 2008, according to insurance officials. Arson is not an option to avoiding foreclosur In desperate times people resort to desperate measures. Facing foreclosure, some homeowners are setting fire to their homes for the insurance money.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Study Forecasts Rising Subprime Foreclosures
  
  The study, which cites RealtyTrac numbers as one of its sources, looked at subprime foreclosure rates from 1998 through 2006 and closely ties those rates to house price appreciation. The projection of an accelerating subprime foreclosure rate is based on the expectation that house price appreciation will continue to slow. The study argues that subprime foreclosures will heavily impact the A new study released yesterday by the Center for Responsible Lending projects that one out of five subprime mortgages originated in the past two years will end in foreclosure, costing homeowners as much as $164 billion. “This rate is nearly double the projected rate of subprime loans made in 2002, and it exceeds the worst foreclosure experience in the modern mortgage market, which occurred during the “Oil Patch” disaster of the 1980s.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bush Foreclosure Solution Just Adds Water
  
  Bush came out with a public policy statement negating any possibility of either a homeowner, or a lender bailout, given the impact the current mortgage crisis is having on the nation’s housing economy. So it comes as a surprise of sorts that the White House issued a statement earlier this week supporting the recent passage of HR 3648 by the House of Representatives, while at the same time asking that a key provision of the bill be watered down to the point of making its implementation temporary at best. Charles Rangel (D-NY), Chairman of the House Ways and
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Secrets of Pre-Foreclosure Investing
  
  McManus said the borrower got out of a painful situation, the bank got rid of a non-performing asset, and McManus bought a discounted house for pennies on the dollar. “Sometimes, Other times, we do lease-option deals, where the seller sells the house to you (the investor) and you lease it back to the seller.” First, a homeowner facing foreclosure may be motivated and willing to do almost anything 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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