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38 Articles match "Bank Owned","Filing"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
20 and will provide a temporary, three-year change to the tax code to eliminate any taxes homeowners might face when banks renegotiate the terms of a home loan and forgive a portion of the outstanding mortgage debt. 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, 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
High-End Foreclosures Rising Among Top Tier Homes
trolls the upper-end of the foreclosure train wreck, searching for million-dollar bank-owned listings. “The The high-end housing market is not immune to foreclosure,” said Brady, who handles bank-owned foreclosure listings. “Rich percent of its homes enter foreclosure in 2007, with 59,983 foreclosure filings on 30,375 properties. High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
Buying Bank-Owned REOs at the Auction - RealtyTrac
Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions. The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade.
www.realtytrac.com
- Tuesday, February 3, 2009
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Buying Bank-Owned REOs at the Auction - RealtyTrac
Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions. The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade.
www.realtytrac.com
- Tuesday, February 3, 2009
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Exclusive Interview with Dave Webb of Hudson & Marshall
Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these properties. think it’s a good time to buy bank-owned foreclosures.” You have some auctions coming up soon, tell us about it? “I’ve got nearly 800 bank-owned properties to sell in Michigan starting March 25 through March 30. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Search: Lessons from Long Beach
For example, one search this customer ran was for bank-owned properties in a specific Long Beach zip code. 30, 2005. Because of the sparse search results, I advised thecustomer that buying a bank-owned property in the zip code she was searching wouldrequire anextra measure of patience and persistence. But to remind her that it is possible, I also told her about a recent member success story that recounts how a customer successfullypurchased A few days ago I spoke to a new RealtyTrac customer who was having trouble tracking down foreclosure property in Long Beach, Calif .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Oklahoma City Foreclosure Activity
The countys foreclosure rate was third highest among Oklahoma counties for the year despite a 19 percent year-over-year decrease in foreclosure activity. Search Oklahoma County foreclosures. Posted 02-02-2008 9:17 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trend Per a request from Roland in our blog post about Stockton, Calif ., foreclosures, below is a map showing foreclosure activity in Oklahoma County, Okla..
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Montgomery County, Ohio Foreclosure Map
Certainly, the activity is not as dense here as in some of the other maps weve posted, but there still seems to be a good amount of activity. Posted 02-17-2008 8:50 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Downpour Continues in May
households received a foreclosure filing during the month, the highest monthly foreclosure rate since RealtyTrac began issuing its report in January 2005. Bank repossessions (REOs) accounted for 28 percent of the total activity and the biggest increase among the three types of foreclosure filings tracked in the report. Let us know what you think. Posted 06-13-2008 2:00 AM by Foreclosure activity continued its upward climb in May, increasing on a year-over-year basis for the 29th consecutive month, according to the RealtyTrac U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Cape Coral, Fla.
The opportunity to own a home at affordable prices has never been greater, but getting to the closing table is so much more difficult. Many of the best deals in our area are bank-owned properties. In our city, the bank has taken the property back but they may not have paid all the liens from our code enforcement and generally speaking that does not come up until the final title search is done, so a delay is normal. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Beginner investors wise to avoid auctions
Lance Young, a real estate investor and author of several eBooks on real estate investing ,recently told me he doesnt recommend foreclosure auctions to thebeginner investor unless "he or she is willing to lose money on thedeal.” Posted 04-17-2006 6:20 PM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Mapping the Foreclosure Marketplace
We just rolled out the next phase, featuring apowerful and flexible marketplace map for properties listed on RealtyTrac — including pre-foreclosures, auctions, bank-owned homes, for sale by owner homesand resale homes. Along with a road map, satellite view and birds-eye view ofthe subject property and neighborhood, this mapping application identifies andprovides a brief description of other properties in the area that are listed onRealtyTrac. This should be helpful for getting a sense of the local marketconditions — based on factors such as number of foreclosures and asking pricesof
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures in Money's 'Best Places to Live'
According to the latest data on the RealtyTrac website, Fort Collins has only 20 properties in the pre-foreclosure stage, but 226 properties are ready to go to auction and another 156 are bank owned (REO). This list in Money magazine, supported by data acquired from RealtyTrac, is a prime example of this. Posted 07-24-2006 5:00 PM by joelc Filed under: Foreclosure Trends , Real Estate Trend Money magazine came out last week with another of its Top 10 lists; this one called "America’s Best Places to Live 2006 ."
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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