5 Articles match "Cleveland","Company","Foreclosures"

• The Best from RealtyTrac

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• Local Market Perspective: Cleveland, Ohio
  
  WATCH: Here in Cleveland, watch the market for the best deals! Other sellers are really the relocation companies or the banks backing a short sale. The Cleveland market will correct and you will have instant built-in equity. Here in Cleveland, we only have the normal correction to go through. Some sellers are against the wall and will sell well under market value. Learn the market, learn the values, watch and… WAIT: Know when it’s time to hop on a property.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Lenders help their customers curb foreclosures
  
  headquartered in Cleveland, Ohio — is working with churches, social workers and the United Way to help troubled borrowers avoid foreclosure. The $3 million investment has prevented $15 million in likely foreclosure losses. Each foreclosure costs about a third of the value of the loan. As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. Banks are increasingly testing new strategies to help curb mortgage delinquencies .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Activity Up in 77 of Top 100 Metros
  
  RealtyTrac released its third-quarter metro foreclosure rankings today, showing that rising foreclosures are affecting many areas of the country. Company CEO James J. Saccacio said in a statement that foreclosure activity increased on a quarterly basis in 77 out of the nations 100 largest metro areas. “Although Although cities in just three states — California, Ohio and Florida — accounted for more than two-thirds of the top 25 metro foreclosure rates, increasing foreclosure activity was not limited to just a few hot spots," Saccacio said. "Still, Still,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Seattle, Wash.
  
  Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. The Seattle market is not what you see on the news, hear on the radio, or read in the paper in terms of the rest of the nation’s foreclosure woes. Seattle did not experience the “urban sprawl” boom seen in so many other cities plagued with foreclosure woes. Out of those nine contracts, nine have been beat by better offers. In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New York Versus Freddie Mac: Round One
  
  An investor in Dubai, London or Hong Kong — or in San Diego, Orlando or Cleveland — has no way to oversee lenders in Poughkeepsie, Buffalo or Utica. Such investors are essentially buyers of IOUs secured by real estate, IOUs which hopefully will yield a given level of interest and never require a foreclosure. They, in turn, sell securities to pension funds, insurance companies, investors and sovereign funds around the globe. New York Versus Freddie Mac: Round One By Peter G. Miller     It’s fight time in New York.
  www.realtytrac.com - Tuesday, February 3, 2009
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