15 Articles match "California","Florida","Houses"

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Secrets of Pre-Foreclosure Investing
McManus said the borrower got out of a painful situation, the bank got rid of a non-performing asset, and McManus bought a discounted house for pennies on the dollar. “Sometimes, Other times, we do lease-option deals, where the seller sells the house to you (the investor) and you lease it back to the seller.” Most residential properties in pre-foreclosure – especially in bubble states like California, 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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High-End Foreclosures Rising Among Top Tier Homes
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. 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
www.realtytrac.com - Tuesday, February 3, 2009
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Obtaining a Foreclosure List
Price: $0.00 Know how much your house is worth? Ever thought of selling your house yourself. More > Top 5 Foreclosures States California Nevada Florida Michigan Arizon Obtaining a Foreclosure List Search Properties | Free 7-Day Trial Obtaining an up-to-date foreclosure list thats reliable can now be done fast and easy with internet access.
www.realtytrac.com - Tuesday, February 3, 2009
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  • Burning Down the House
    Foreclosures nationwide are heating up, especially in once-supercharged real estate bubbles like Florida, California, Nevada and Arizona. At RealtyTrac , we’ll keep you informed of these and other developments. Posted 10-04-2007 2:51 PM by Octavion Filed under: Foreclosure Trends , arson Comments
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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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. The biggest declines were in Florida-Sarasota-Bradenton (down 18 percent), Palm Bay-Melbourne (17 percent) and Cape Coral-Fort Myers (12 percent). At the same time, Nevada sales Depending on whom you ask, the forecast calls for either thunderstorms or gale force hurricane winds. 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
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Betting Everything on the House: 3 Risky Loans to Avoid
    Falling prices, sluggish sales and risky loans that let borrowers pile up debt faster than they can pay it off could put more homeowners out of their houses this year than at any other time this decade. Yet many homeowners — particularly in California, Florida and Colorado — are still purchasing or refinancing their mortgages with “exotic” loans that may keep their monthly payments low now, but when these gimmicky loans “reset” upward borrowers could lose their homes if they haven’t planned for an increased monthly mortgage payment. While these loans certainly can be used for good, too often consumers don’t fully understand the risks involved.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Obtaining a Foreclosure List
    Price: $0.00 Know how much your house is worth? Ever thought of selling your house yourself. More > Top 5 Foreclosures States California Nevada Florida Michigan Arizon Obtaining a Foreclosure List Search Properties | Free 7-Day Trial Obtaining an up-to-date foreclosure list thats reliable can now be done fast and easy with internet access.
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
    If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease. LONG BEACH, Calif. — The CAR forecast also calls for a 2 percent drop in
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Coastal Disasters = More Foreclosures?
    For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA). It doesn’t matter if you’re living in Florida or California — coastal property is expensive and so are the insurance premiums that go with them. It also brings back bad memories of dealing with insurance companies and very slow claims service. Back in 1994 something called
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • MBA Survey Confirms Q1 Foreclosure Surge
    percent reported in the first quarter of 2007. The trend lines are even closer when looking at the RealtyTrac first quarter foreclosure rate (0.515 percent of total housing units with a foreclosure filing during the quarter), which was up 21 percent from the fourth quarter of 2007 — exactly the same percentage increase as the MBA foreclosure rate — and up 109 percent from the first quarter of 2007. State trends The four states with the highest foreclosure rates in the RealtyTrac first quarter report — Nevada, California, Arizona and Florida — were also the
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • A (Relatively) Few Bad Apples Spoil the Barrel
    properties during the month -- certainly a big number, although only a tiny fraction of the nation's 126 million total housing units. Still, nearly a quarter million properties in one month can have a significant impact on a housing market that is registering about 5 million existing home sales for the entire year . "Although quot;Areas of California, Florida, Nevada and Arizona continue to be particularly hard-hit. According to the RealtyTrac U.S. Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Local Market Perspective: Cleveland, Ohio
    Other locations — including Las Vegas, much of California and Florida — have two corrections to make. Your house could be the gem among very tired listings in its price range. Sell your current less expensive house and buy-up to a more expensive one. WATCH: Here in Cleveland, watch the market for the best deals! Some sellers are against the wall and will sell well under market value.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Credit Card and Mortgage Debt Fuels Foreclosure
    Among the hardest-hit states were California, Florida, Texas, Michigan, Illinois and Ohio. Considering that the housing market is expected to continue to be slow through 2007, there could be increases in mortgage delinquencies — especially among high risk subprime loans. Debt! No word better describes why millions of Americans are now facing foreclosure.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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