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23 Articles match "Bank Owned","Foreclosures","May"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
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. All agree on one thing: The pre-foreclosure market is a highly specialized area of the foreclosure business that is not for amateurs. “Most Another claims that developing a series of “systems” in your business is the key to success. A third warns that accurate data and timely information
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
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. But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their
www.realtytrac.com
- Tuesday, February 3, 2009
Foreclosure Financing and Foreclosure Refinancing - RealtyTrac
Foreclosure Financing: How to Buy Foreclosure Real Estate Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Finding financing for the foreclosure deal... is one of the most difficult aspects of purchasing a distressed property. Find below-market priced
www.realtytrac.com
- Tuesday, February 3, 2009
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Bank-Owned Properties and REO Frequently Asked Questions - RealtyTrac
Bank-Owned Properties and REO (FAQ) Search Properties | Free 7-Day Trial What is an REO? REO is an acronym for real estate owned and is industry jargon for foreclosure property repossessed by banks or lenders. If a lender or bank is the highest bidder a foreclosure auction — or if no third party bids at the auction — the property reverts back to the lender and becomes an REO. REOs are owned by banks. Lenders go to great lengths to sell REOs.
www.realtytrac.com
- Tuesday, February 3, 2009
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Checklist for Buying a Bank-Owned REO Property - RealtyTrac
CHECKLIST: For Buying a Bank-Owned REO Property Search Properties | Free 7-Day Trial Are you a real estate investor or homebuyer looking to purchase a bank-owned property? With the number of bank-owned foreclosures rising nationwide, there has never been a better time to purchase real estate owned by banks. REO Buying Checklist: Inspect the Property, Do a Title Search, Negotiate Payments and Rates, Evaluate
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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Foreclosure Downpour Continues in May
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. Foreclosure Market Report released today. households received a foreclosure filing during the month, the highest monthly foreclosure rate since RealtyTrac began issuing its report in January 2005. The report showed one in every 483 U.S. 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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May Home Prices Down 4.8 Percent
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 quot;It is very hard to draw conclusions from a one-month number, especially in these uncertain times; but the numbers in the Pacific, East and West North Central Divisions may be good signs," said OFHEO Director James B. Lockhart in the release. Nationwide, the OFHEO report
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Oklahoma City Foreclosure Activity
foreclosures, below is a map showing foreclosure activity in Oklahoma County, Okla.. You may notice that this map is not as crowded as the Stockton map. That reflects a foreclosure rate in Oklahoma County that was below the national average for 2007, with 0.915 percent of its total households in some stage of foreclosure. Per a request from Roland in our blog post about Stockton, Calif ., 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Financing and Foreclosure Refinancing - RealtyTrac
Foreclosure Financing: How to Buy Foreclosure Real Estate Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Finding financing for the foreclosure deal... is one of the most difficult aspects of purchasing a distressed property. Find below-market priced
www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosure Search: Lessons from Long Beach
A few days ago I spoke to a new RealtyTrac customer who was having trouble tracking down foreclosure property in Long Beach, Calif . also think alot of foreclosure buyers and investors using RealtyTrac could benefitfrom what we learned, so below is the first of several "Lessons fromLong Beach." Lesson 1: Take an areas foreclosure activity into account When you run a search, look at the number of properties and entered dates to get a big-picture view of the foreclosure activity in the areayoure searching. She said something like, "Is the information on your site accurate?
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure's Fallout, 2 Titans Tumble
Nobody knows how many billions of dollars the embattled bank has lost, but Wall Street investors are growing more concerned about the deteriorating housing market and the widening impact of the growing credit crunch. bank’s stock down 36 percent to date to $35.90 Big debt problems at two leading banks gives rise to fears that other banks may write down the value Every time Wall Street executives and economists think they have acknowledged the full extent of the subprime mortgage meltdown in the residential real estate sector, more bad news is uncovered. Last
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure "Megatrends"
Foreclosures are rising. Here are some “megatrends” that may develop in the months ahead. In a presidential year, Uncle Sam and politicians nationwide are rushing to unveil new and bolder schemes to unravel the foreclosure crisis. As federal, state and local government weighs in of the rising foreclosure mess, look for new plans to halt the foreclosure train wreck. Home prices are falling. Sales are down.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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