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19 Articles match "Buying","Example","Properties"
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The Latest from RealtyTrac
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The Government Goes After Loan Officers
For example, the SEC could limit its investigation to mortgages that were foreclosed within the first 12 to 18 months after origination. The one public example of such an audit that we know of revealed stunning results. Stated income loans hurt everyone, the home buyer, the institution who buys the loan on the secondary market, and even the home shopper who does not inflate their income to purchase a home. The Government Goes After Loan Officers By Peter G. Miller One of the most galling aspects of the mortgage meltdown
www.realtytrac.com
- Tuesday, February 3, 2009
No Mortgage Meltdown For These Banks
not far from Manhattan, Hudson City Bancorp has a lending philosophy that dates back decades: You can get a dull, boring, mortgage from Hudson at a very low rate — but only if you put equity into the property. As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. percent No Mortgage Meltdown For These Banks By Peter G. Miller The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
www.realtytrac.com
- Tuesday, February 3, 2009
Secrets of Pre-Foreclosure Investing
Lucier, a Tampa Bay real estate investor and author of The Pre-Foreclosure Property Investor’s Kit . “That’s They deeded the property over to me. Then, after five days, I hired a local agent, listed the property, flipped it and made $31,400.” Sometimes, we do equity sharing deals, where we bring the 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
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Michael Jackson Property in Default
that bought Jackson’s note earlier this year, the pop star put his parents’ abode in jeopardy by not making the required monthly payments." A property owned by Michael J. This is just another example that all types of property are susceptible to foreclosure, even multimillion dollar estates. And for high-end investors, properties like this one — which is valued at more than $7 million according Fox News is reporting that Michael Jackson has received a notice of pending foreclosure on a home he owns in Encino, Calif. — the home where his parents live. "The estate,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
Does this make it a good time to buy real estate? have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I We'd like to hear from you when and if you plan to step in and start buying. 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Real Estate Agent Resources - RealtyTrac
Foreclosure Real Estate Agent Resources Search Properties | Free 7-Day Trial Today’s home buyer or investor is a product of the information age, where data overload is king. As a result, RealtyTrac is constantly working to find new ways to break down the market statistics and trends in a way that makes sense for real estate agents and the home purchasing clients you serve. Keeping You On the Cutting Edge While some
www.realtytrac.com
- Tuesday, February 3, 2009
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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 properties
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 . havent had any success in pursuing properties." So we looked up some of the properties she was interested in, calledone of the property trustees and walked away with information that Ithink will be helpful both for her and for RealtyTrac. She said something like, "Is the information on your site accurate? I
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective, Seattle, Wash.
Here are some things to keep in mind when considering a distressed property purchase: Foreclosures are the most problem prone and strenuous type for real estate purchase. You must have capital to purchase a distressed property. On average, you need 10 percent market value in cash to reinvest in the property. You never get a perfect house. You get price per-square-foot.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Lessons From Long Beach - Part III
Lesson 3: Listen carefully and speak concisely when calling the trustee With the customer listening in, I called one of the trustees listed for a pre-foreclosure property. pressed "0" and we were put through quite quickly to aperson who was able to tell us the property had been reinstated by theowner. this example I just said that I wanted to know about the status of aproperty in foreclosure and the trustees rep Heres the third and final lesson gleaned from a conversation with acustomer in Long Beach, Calif., who needed help following up onproperties she found on RealtyTrac.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Legend of Foreclosure Vandalism Grows
The article claims that "real estate agents estimate that about half of foreclosed properties to be sold by mortgage companies nationwide have substantial damage, according to a new survey by Campbell Communications, a marketing and research firm based in Washington, D.C." That seems to be the most common story used when people talk about foreclosure vandalism, although Ive yet to hear one concrete (pun intended) example of this happening in real life. The Wall Street Journal is reporting that more and more homeowners forced out of their homes by foreclosure are turning to vandalism to lash out in some tangible way in a situation where they feel powerless.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Avoid Foreclosure Before it Starts at RealtyTrac
Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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8 Ways to Dodge Delinquency and Stopping Foreclosure - RealtyTrac
Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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