2 Articles match "California","December","Title"

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Secrets of Pre-Foreclosure Investing
On December 18, Congress passed new legislation to eliminate taxes on mortgage debt. We paid off the balloon, took title to the property for $20,000, and then we brought in some wholesale investors, who purchased it for $28,000. Most residential properties in pre-foreclosure – especially in bubble states like California, Florida and Nevada – are not worth pursuing because the defaulting homeowners have drained the equity out of their homes. 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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Cagan: Big Scary Numbers, Little Impact
Despite so many zeroes and commas in his numbers, however, Cagan assured industry professionals attending a recent meeting of the Real Estate Research Council of Southern California that those very long numbers will have little impact on the national economy, although they will pack quite a punch for the people most immediately affected by them – lenders, borrowers and investors. “This Based on his latest property surveys (conducted December 2006), the Director of Research and Analytics for First American CoreLogic concluded in his latest report titled, “Mortgage Payment Reset: The
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Secrets of Pre-Foreclosure Investing
    On December 18, Congress passed new legislation to eliminate taxes on mortgage debt. We paid off the balloon, took title to the property for $20,000, and then we brought in some wholesale investors, who purchased it for $28,000. Most residential properties in pre-foreclosure – especially in bubble states like California, Florida and Nevada – are not worth pursuing because the defaulting homeowners have drained the equity out of their homes. 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
    READ MORE
  • Cagan: Big Scary Numbers, Little Impact
    Despite so many zeroes and commas in his numbers, however, Cagan assured industry professionals attending a recent meeting of the Real Estate Research Council of Southern California that those very long numbers will have little impact on the national economy, although they will pack quite a punch for the people most immediately affected by them – lenders, borrowers and investors. “This Based on his latest property surveys (conducted December 2006), the Director of Research and Analytics for First American CoreLogic concluded in his latest report titled, “Mortgage Payment Reset: The
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE