5 Articles match "Bank Owned","Homes","Income"

• The Best from RealtyTrac

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• As Home Prices Plummet, When Will You Buy?
  
  Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Mortgage Loans - Estimating the Costs Involved - RealtyTrac
  
  Foreclosure Mortgage Loans: Estimating the Costs Involved 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! In a buyer’s market... it can be tempting to jump at the great deals that seem to be popping up on every corner. However, realize that most of those bargain properties
  www.realtytrac.com - Tuesday, February 3, 2009
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• Fannie Mae Toughens Foreclosure Guidelines
  
  And one of the most dramatic changes that will relieve some the tension in those big shoulders has to do with former homeowners who lost their homes to foreclosure. There are only three exceptions to this requirement: • Manually underwritten loans with non-traditional credit • Loans originated in limited cash-out situations, or • Loans insured by an agency of the federal government such as HUD, FHA or VA Although it does not appear that these new standards will apply to investors, they will make it harder for low-income and first-time homebuyers looking for a principal residence to purchase
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Seattle, Wash.
  
  Our median household income is about $72,000 annually — among the highest in the country. Because of the lack of “urban sprawl” in Seattle we do not have the inventory of foreclosure homes that the rest of the country has. Even then these homes are being purchased at 20 percent less then market value. So, if you want to beat the competition when it comes to an equity positive real estate investments do not think cheap, think Win/Win. Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• July Foreclosure Report
  
  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. This shift in percentages shows that a higher proportion of properties that enter the forecosure process are ending up repossessed by lenders. Posted 08-14-2008 2:00 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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