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17 Articles match "California","News"
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Secrets of Pre-Foreclosure Investing
I had to break the bad news to the husband when he got home from work. 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. In California, for example, sellers in foreclosure are protected by both the California Home Equity Sales Contact Act (California Civil Code Sections 1695-1695.17), which was enacted in 1979, and the California Mortgage Foreclosure 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. In California’s Orange County, around a quarter of the listings are either foreclosed properties owned by lenders or properties owned by people trying to do “short sales” or sell for less than the amount they owe the bank, according to several agents. “As 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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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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Lenders Asked to Clean Up Unhealthy Foreclosures
At least unhealthy enough that, in an unprecedented move, California State Commissioner of Financial Institutions, Michael A. In the meantime, California’s Department of Financial Institutions is asking the CEOs of all industry members to help stop the spread of the virus by draining the water at all vacant properties currently under their management. Look to the News and Events page of the RealtyTrac website and the ForeclosurePulse blog for future Not only are foreclosures unhealthy for the economy, apparently they can be unhealthy for people as well. Kelley, sent out
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Exclusive Interview with Dave Webb of Hudson & Marshall
In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues. One of the experts interviewed for the Foreclosure News Report story was Dave Webb, principal of Hudson & Marshall, a major auction firm in Dallas, Texas. Arizona is scheduled for April, and we’re back in California in June.” Is your business growing? “Last year we sold 9,000 units. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. Webb believes now
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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US Foreclosures a Mixed Blessing in Q2
This is good news for real estate investors, agents and home buyers looking for a piece of the American Dream at a potentially more affordable price. Meanwhile, the number of properties entering some stage of foreclosure in California and Florida continued to decline during the quarter (7 percent and 13 percent respectively). Posted 07-27-2006 3:30 PM by joelc Filed under: Foreclosure Trends , Real Estate Trend As the most recently collected data reported today in RealtyTracs Q2 2006 U.S. Foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Dallas, Texas
Just remember BAD news sells papers and good homes find good buyers. Since Texas did not have a run-up in home prices, they are not experiencing the real estate downturn that California and other bubble states are going throug What a great time to buy! Yes, I know you have heard all the nasty media hype. Do you have a
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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You Too Can Predict the Future...Maybe
The way things are going nowadays you too have about as much a chance of correctly predicting whether the nation and the state of California are either headed towards, or are already in, a recession as any of the professionals who do it for a living. This week, by contrast, the San Diego Union-Tribune is reporting that prognosticators working at +News+>+Business+--+Experts+forecast+sees+no+recession&expire=&urlID=27087637&fb=Y&url=http://www.signonsandiego.com/news/business/20080311-9999-1n11econ.html&partnerID=621">UCLA’s Anderson Forecast don’t see the nation — or
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Dealing With the Affordability Quandry
Especially in light of the new consumer index just announced by the California Association of REALTORS®. First-Time Buyer Housing Affordability Index (FTB-HAI) , it is a wake-up call for first timers in that it measures the percentage of first-time buyers who can legitimately afford to purchase a median-priced home in California. And the news is not encouraging. In addition to real estate investors and agents, the RealtyTrac website can be a great help to first-time homebuyers looking for a way to get into a home at a price that is more affordable, even in areas where prices seem out of reach for most people.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Secrets of Pre-Foreclosure Investing
I had to break the bad news to the husband when he got home from work. 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. In California, for example, sellers in foreclosure are protected by both the California Home Equity Sales Contact Act (California Civil Code Sections 1695-1695.17), which was enacted in 1979, and the California Mortgage Foreclosure 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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Buyers Come Out in Droves For LA Auction
But in the end they were all there for the same purpose — a chance to purchase real estate in Southern California — Los Angeles, Orange and Ventura counties in particular — at a “bargain” price. Thanks to aggressive advertising all over the region and ample coverage on local news programs, the Real Estate Disposition Corp. (REDC) And the business is growing all the time, as REDC Some were dressed for business. Others were dressed like they were out for a weekend at the mall.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Clash of Cultures at CAR Expo
The opening session of what is billed as “Tech Tuesday” at the California Realtor Expo 2006 provided a somewhat unvarnished glimpse into how some Realtors are responding to real estate websites that are lifting the veil on home valuations and other previously hard-to-find real estate data. I think it’s just an evolution where the consumers will get more information and Realtors will be relied on for expert advice,” said Lloyd Frink, co-founder and president of Zillow, who shared the stage with Dalton and Brad Inman, founder and publisher of Inman News. LONG BEACH, Calif. — In short,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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