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7 Articles match "California","Example","Foreclose"
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The Latest from RealtyTrac
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The Government Goes After Loan Officers
The Securities and Exchange Commission alleges that five California brokers sold “unsuitable” securities to customers, primarily variable universal life policies (VUL). “Most 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. The Government Goes After Loan Officers By Peter G. Miller One of the most galling aspects of the mortgage meltdown is the
www.realtytrac.com
- Tuesday, February 3, 2009
Secrets of Pre-Foreclosure Investing
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. When buying a pre-foreclosure property, you can have a myriad of problems that must be solved quickly before the property’s loan is foreclosed on and sold at public auction.” 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
High-End Foreclosures Rising Among Top Tier Homes
In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure records in 2006 and 2007 (see graphic). High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
Million Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
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Jackson Takes a Final Bow at HUD
This will be a good thing in places like Southern California, for example. These “HUD homes,” like any homes that go back to a lender who forecloses, are a good potential pool of resources for investors and wannabe homebuyers looking to purchase bargain real estate. Posted 04-02-2008 9:00 AM by joelc Filed under: Foreclosure Trends , Real Estate Trend He gave himself a couple of weeks to clean out his desk, clear out of his office and say his final goodbyes to his staff. After that, Alphonso
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Secrets of Pre-Foreclosure Investing
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. When buying a pre-foreclosure property, you can have a myriad of problems that must be solved quickly before the property’s loan is foreclosed on and sold at public auction.” 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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Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
It is a crime thatconsumer advocates fear could become increasingly common — especiallyin Southern California, where many homeowners have stretched themselvesto their financial limits to afford the regions record high housingprices. "The That transaction should include…A) Cash wiring instructions to the foreclosing bank (often by Western Union) B) A three-day right of recession, and a share purchase agreement, C) verifiable information of the person purchasing the property, including personal and financial references.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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High-End Foreclosures Rising Among Top Tier Homes
In a lot of the bubble markets — like Miami, Palm Beach, San Diego, Las Vegas, Orange County and the Inland Empire in California — we are going to see an increase in the number of high-end foreclosures in relatively wealthy communities. Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure records in 2006 and 2007 (see graphic). High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Government Goes After Loan Officers
The Securities and Exchange Commission alleges that five California brokers sold “unsuitable” securities to customers, primarily variable universal life policies (VUL). “Most 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. The Government Goes After Loan Officers By Peter G. Miller One of the most galling aspects of the mortgage meltdown is the
www.realtytrac.com
- Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
For example you see Bank of America adopting a massive, systematic loan modification program. And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. Depending on how far the lenders and government are willing to bend backwards for bad loans and irresponsible homebuyers, we could see a mitigating effect from all these efforts. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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