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62 Articles match "Buyer","Homes","Houses"
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The Latest from RealtyTrac
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Don't Dump Investors
After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two. These efforts are to help American families who both want to and can, through a loan modification or re-financing, stay in their homes.” Its not the governments job to bail out speculators, or those who made the decision to buy a home they knew they could never afford.” Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies and massive stock brokerages
www.realtytrac.com
- Tuesday, February 3, 2009
Long-Term Solution for Fannie and Freddie Dilemma
Share values have dropped more 90 percent, investors have lost more than $100 billion, and both companies were rescued by the federal government earlier this month, placed in a government conservatorship run by the newly created Federal Housing Finance Agency. They are the largest buyers of U.S. home mortgages. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its been a rough year for Fannie Mae and Freddie Mac.
www.realtytrac.com
- Tuesday, February 3, 2009
Option ARM Borrowers Running Out Of Time
You say you want to buy a home but have no money. Let me introduce you to the option ARM, an affordability mortgage product that can get you into the home of your dreams.... According to Fitch "the potential average payment increase on this recasting population is 63 percent, representing on average an additional $1,053 due each month on top of the current average payment of $1,672." You dont have to be a math major to figure out what will happen next: Huge numbers of option ARMs will fail in the next 24 to 30 months Option ARM Borrowers Running Out Of Time By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
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Housing glut gives foreclosure buyers and investors advantage
Storm clouds are gathering over the nation’s battered housing market. Fueling the latest concerns is a deluge of discouraging data in the housing sector. Home prices and sales plunge Sales of existing single-family homes declined in 40 states and in half of the nation’s biggest metropolitan areas in the last three months of 2006, according to the National Association of Realtors . Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds. The biggest declines were in Florida-Sarasota-Bradenton (down 18 percent), Palm Bay-Melbourne
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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For Sale - REO Houses and Bank-Owned Properties - RealtyTrac
REO House and Properties For Sale Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million total properties including For Sale by Owner, New Construction, Resale, and Home Auctions! Your No.1 Locate your Source for REO Property Information If youre looking for Bank-Owned REO Properties, RealtyTrac has the answer for you. Also called a bank foreclosure, this frequently
www.realtytrac.com
- Tuesday, February 3, 2009
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How to Buy HUD Home Foreclosures - RealtyTrac
How Can I Buy HUD Home Foreclosures? Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Government properties. More than 1 million total properties including For Sale by Owner, HUD Home Foreclosures, Resale, and Home Auctions! Almost anyone can qualify... Almost anyone can qualify to buy a home owned by the U.S. Department of Housing and Urban Development (a HUD home) so long as they
www.realtytrac.com
- Tuesday, February 3, 2009
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New Poll: Buyers to Remain on the Fence
If the results of the latest Associated Press-AOL Money & Finance poll are any indication, prospective home buyers will be keeping their wallets closed and remain on the fence at least until the latest economic downturn blows over. A majority of those polled for the survey expressed pessimism over the nation’s housing contraction (as the Federal Reserve calls it) enough to not consider buying a home anytime soon. And that could be years down the road. Other survey results included: • A quarter of the 769 homeowners included in the random sample of 1,002
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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First-Time Buyers Get Help with CA Foreclosure Purchase
First-time homebuyers in California are getting help in purchasing their piece of the American Dream thanks to a public-private partnership and $200 million in bond funds allocated to the California Housing Finance Agency (CalFHA). Gov. Arnold Schwartzenegger announced Monday that CalFHA’s Community Stabilization Home Loan Program will dole out the money, expected to help as many as 1,000 Californians obtain their piece of homeownership. But there is a catch! The catch is buyers have to be willing to buy their dream home in one of the designated areas approved by
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Stop Home Foreclosure
How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. The "as is” appraised value and the sale price should be least 70 percent to 80 percent of the unpaid principal balance of the home. You must also be able to close on the sale of your house within one to two months. (Note: Johnson If you are currently in foreclosure, strongly consider selling your property as a backup plan. The object is to pay off all debt and expenses, walk away without a foreclosure or bankruptcy on your credit history and perhaps put a little
www.realtytrac.com
- Tuesday, February 3, 2009
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Forecasters Change Housing Estimates for '07/'08
The nation’s housing market is not cooperating the way analysts at the A. Likewise, housing starts are forecasted to drop from their recent high in 2006 at 1.8 The worst of the downward national housing price spiral is not over,” said economist and Chapman President James Doti in a press release distributed Tuesday . “Our Gary Anderson Center for Economic Research at Chapman University in Orange, Calif., had hoped it would.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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2007: Housing Slowdown Good for Foreclosures
housing market into a full tailspin, according to forecasters at Chapman University in Orange, Calif. That means 2007 should be a good year for anyone involved in the foreclosure sector of the market — whether they are real estate agents, potential home buyers or real estate investors. Some highlights of the Chapman forecast: The sky isn’t falling, but housing prices are projected to decline 2.2 Housing starts are expected to remain down in many parts The cooling real estate sector will continue to plague the national economy next year, but enough positive economic fundamentals remain in place to counteract forces threatening to push the U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Million Dollar Homes in Foreclosure
foreclosures are up from last year as higher interest rates force more homeowners into default and softening housing prices give defaulted homeowners fewer options to avoid foreclosure. Contrary to popular opinion, it’s not just run-down homes in poor neighborhoods that are vulnerable to foreclosure. RealtyTrac’s national foreclosure database featured a number of million-dollar homes U.S. For home buyers at the more expensive end of the real estate market, these types of properties can represent good investment opportunities. (Note:
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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New Illinois Housing Law Draws 2nd Suit
The suits — filed by eight consumers and the real estate community — seek to halt the implementation of Illinois House Bill 4050, which took effect September 1. "It's a discriminatory law," said Julie Santos, a Chicago Realtor and co-chair of the Coalition to Rescind HB 4050, a group formed from several community organizations who are collecting signatures in an attempt to repeal the law. "If Housing and Urban Development-approved counselor to make sure the would-be homeowner knows what he’s getting into. Two law suits have been filed against a controversial Illinois law that mandates financial counseling for certain consumers obtaining mortgages or refinancing loans in 10 ZIP code areas in Chicago.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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