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13 Articles match "Buyer","Houses","Ideas"
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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. The idea that we can pick and choose among borrowers with toxic loans produces several false notions. Misconception No. Because when buyers look at recent home sales they do not distinguish between homes sold by owners and homes sold by investors, they merely look at sale prices. Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies and massive stock
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. Second, some people 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
Of all the mortgage ideas developed during the past few years, none tops the option ARM for sheer awfulness. The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. With real roulette when gamblers lose the house wins. Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right up folks.
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 adults surveyed
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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How to Buy HUD Home Foreclosures - RealtyTrac
Department of Housing and Urban Development (a HUD home) so long as they either have the cash in hand or can qualify for a loan to finance the purchase. HUD home foreclosures have already gone through the entire foreclosure process. After you’ve come up with a rough idea of how much you can afford, make an appointment with a lender. 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,
www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosure Mortgage Loans - Estimating the Costs Involved - RealtyTrac
For anyone seriously considering buying a property and making the commitment to years of monthly mortgage payments on a home, use of financial calculators is key to determining the overall affordability of the property and the likelihood that the buyer or investor can stay on top of the mortgage payments. While visiting the site (www.realtytrac.com) a buyer or investor has the opportunity to try out a variety of free financial calculators available online. Foreclosure Mortgage Loans: Estimating the Costs Involved Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties.
www.realtytrac.com
- Tuesday, February 3, 2009
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Local Market Perspective: Cape Coral, Fla.
The agents will be sharing their insights about what is happening on the ground in their local housing market, particularly as it relates to foreclosures. Your comments, questions and feedback are welcome. Gloria Tate Raso Realty, Inc. I work with buyers in my area; new jargon and issues are making buying a home more difficult than ever before. The buyer pays a $185.00 Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . It is great to see prices drop.
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. You must also be able to close on the sale of your house within one to two months. (Note: For example, if you owe $180,000 on your existing home loan, then the house must sell for a minimum of $126,000. The 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 cash
www.realtytrac.com
- Tuesday, February 3, 2009
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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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Another Approach to $700 Billion Bailout
If the refinancing program was limited to half of the homeowners who will probably lose their homes to foreclosure, Uncle Sam would need to provide loans worth $220 billion. "(Another) alternative idea works like this: Instead of replacing loans, give lenders an amount equal to 15 percent of the mortgage principal in exchange for concessions. In effect, the pay-off system would resemble the concept approved over the summer for first-time home buyers, a system which provides a $7,500 tax credit up front that must be repaid when the property is sold." Peter Miller, author of the Common-Sense Mortgage, has offered up some alternatives to the proposed $700 billion bailout plan.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Fed Rate Decision is Ongoing'
percent has been “…the housing correction is ongoing .” Does it mean that the nation’s real estate market’s bubble finally burst to such an extreme that they have no idea of when it might turn around? Even the National Association of Realtors, which originally thought the nation’s housing market would turn around significantly by year-end 2007, is pulling back a bit on its forecast , now calling for home sales to stabilize where they are this year, with noticeable improvement in sales activity by mid-2008. The Federal Reserve is starting to sound like a broken record. Oops!
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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. Second, some people 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
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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. The idea that we can pick and choose among borrowers with toxic loans produces several false notions. Misconception No. Because when buyers look at recent home sales they do not distinguish between homes sold by owners and homes sold by investors, they merely look at sale prices. Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies and massive stock
www.realtytrac.com
- Tuesday, February 3, 2009
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