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20 Articles match "California","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 Government Goes After Loan Officers By Peter G. Miller One of the most galling aspects of the mortgage meltdown is the sense that folks who made bad loans also made big profits, profits which they get to keep while
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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The Best from RealtyTrac
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Obtaining a Foreclosure List
foreclosure list contains all the properties that are currently in the process of being foreclosed. 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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Lenders Asked to Clean Up Unhealthy Foreclosures
At least unhealthy enough that, in an unprecedented move, California State Commissioner of Financial Institutions, Michael A. One of the downsides of taking back foreclosed properties for the lender is the obligation and cost associated with managing those REOs — some of which are bound to be vacant for a while, especially with the extended time it is currently taking to sell real estate in the Golden State. Although West Nile Virus in particular may Not only are foreclosures unhealthy for the economy, apparently they can be unhealthy for people as well. Kelley, sent out an official
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Avoid and Stop Foreclosure - Help at RealtyTrac
Stop Foreclosures Click on a state below to get information on stopping foreclosures in your area: Search 1,683,603 U.S. foreclosure properties Click on a state!
www.realtytrac.com
- Tuesday, February 3, 2009
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U.S. Foreclosure Laws
Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls. State Foreclosure Laws Quickly locate and review the foreclosure law specific to your state � or any state you�re considering investing in. Select A State Alabama Alaska Arizona Arkansas California Colorado Connecticut
www.realtytrac.com
- Tuesday, February 3, 2009
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Buying Foreclosures at the Auction: Make a Killing or Get Killed
“Buying foreclosed real estate at an auction is like having a license to steal,” says Larry Blachman , a Realtor who specializes in foreclosures and author of Buying Foreclosures at a Trustee’s Sale. But buying foreclosed homes at an auction is also probably the most dangerous way to purchase real estate — unless you know how the process works. “If If you know the game, But successfully buying foreclosed properties off the auction block isnt that easy. It requires knowledge, planning, preparation, patience and perseverance. Before taking the plunge, however, spend
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Short Sales for Real Estate Agents - RealtyTrac
short sale involves an agreement between a distressed homeowner and a foreclosing lender to avoid the time-consuming and costly foreclosure process . ldquo;Business is already there for Realtors working short sales and properties that are already in foreclosure,” said California realtor Larry Blachman, a 30-year real estate veteran who has been training real estate professionals on how to buy, list and sell foreclosure property for more than 20 years. “Those Short Sales for Real Estate Agents Search Properties | Free 7-Day Trial Every time the real estate cycle takes a dive two types of real estate agents seem to emerge: the traditionalist who is satisfied working the business the way it’s always been done; and the progressive who believes that being creative and accepting change is an important factor for remaining in the home buying game. Don’t Sell Yourself Short Which
www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosure Filings Soar 90 Percent
Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” Top 10 Foreclosure Total Ranked by the number of foreclosure filings, California topped the list, with 39,659 in May, and Florida was number two, with 21,704, according to RealtyTrac’s report. A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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I'll Take Sour Cream and Chives
The five: California, Florida (the hanging chad capital of the western world), Michigan, Ohio and Georgia. Just an FYI: in the upcoming 2008 presidential election, California will have 55 electoral votes, Florida 27, Michigan 17, Ohio 20 and Georgia 15. Edwards had to deflect some controversy last week as it was revealed that the former North Carolina senator reportedly has invested $16 million in a hedge fund involving subprime lenders that are presently foreclosing No butter for me. Personally, I like my hot baked potato covered with sour cream and chives.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Study Forecasts Rising Subprime Foreclosures
It warns cities in California, Nevada, New Jersey, New York and Michigan, as well as the greater Washington, D.C. Absent from the studys executive summary and proposed solutions are any mention of the borrower’s role in preventing foreclosed subprime loans. A new study released yesterday by the Center for Responsible Lending projects that one out of five subprime mortgages originated in the past two years will end in foreclosure, costing homeowners as much as $164 billion. “This rate is nearly double the projected rate of subprime loans made in 2002, and it exceeds the worst foreclosure experience in the modern mortgage market, which occurred during the “Oil Patch” disaster of the 1980s.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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 Jackson
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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