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4 Articles match "Cleveland","Foreclosures","Houses"
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The Latest from RealtyTrac
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How Can Financially-Troubled Homeowners Prevent Foreclosure?
For the 112,210 Americans who entered the foreclosure pipeline in September, the answer is simple: Talk to your lender at the first sign of trouble. Lenders want to keep troubled borrowers in their homes and out of foreclosure. For lenders, foreclosures are costly — often entailing heavy payouts for legal fees, realty brokerage commissions, repairs, property taxes, maintenance and carrying costs. When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? Call immediately and ask to speak with the “loss mitigation”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
California Tops PMI's Risk Index
Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. Given that fact, it is no surprise that two out of those four metros also documented some of the highest Market Risk Index just released by the PMI Mortgage Insurance Co. Studying the 50 largest Metropolitan Statistical Areas (MSAs) in the nation, scores increased for 34 out of the
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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The Best from RealtyTrac
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Local Market Perspective: Cleveland, Ohio
WATCH: Here in Cleveland, watch the market for the best deals! 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. Your house could be the gem among very tired listings in its price range. Some sellers are against the wall and will sell well under market value. Other sellers are really the relocation companies or the banks backing a short sale.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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How Can Financially-Troubled Homeowners Prevent Foreclosure?
For the 112,210 Americans who entered the foreclosure pipeline in September, the answer is simple: Talk to your lender at the first sign of trouble. Lenders want to keep troubled borrowers in their homes and out of foreclosure. For lenders, foreclosures are costly — often entailing heavy payouts for legal fees, realty brokerage commissions, repairs, property taxes, maintenance and carrying costs. When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? Call immediately and ask to speak with the “loss mitigation”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
California Tops PMI's Risk Index
Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S. Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. Given that fact, it is no surprise that two out of those four metros also documented some of the highest Market Risk Index just released by the PMI Mortgage Insurance Co. Studying the 50 largest Metropolitan Statistical Areas (MSAs) in the nation, scores increased for 34 out of the
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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