5 Articles match "Cleveland","Properties","Real Estate"

• The Best from RealtyTrac

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• Thieves Have the New Foreclosure Math Down
  
  and Cleveland, Ohio, that homebuilders are putting out signs stating that the homes are built with PVC plumbing and no copper in order to dissuade the thieves. Public officials have taken notice as well and are proposing legislation to deal with the situation, including holding lending institutions financially responsible for the upkeep of their REO properties until such time as they sell. Some places have even It doesn’t take a mental giant to do the new math of the foreclosure crisis. As a matter of fact, it’s as easy as two plus two.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Local Market Perspective: Seattle, Wash.
  
  In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. say this all the time to my buyers, at auction there is a huge crowd competing over six to 10 properties. Even then these homes are being purchased at 20 percent less then market value. So, if you want to beat the competition when it comes to an Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine contracts, nine have been beat by
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• How Can Financially-Troubled Homeowners Prevent Foreclosure?
  
  For lenders, foreclosures are costly — often entailing heavy payouts for legal fees, realty brokerage commissions, repairs, property taxes, maintenance and carrying costs. Remember, banks are in the money-lending business, not real estate. If you can’t reach your lender or they are making unreasonable financial demands from you, consider contacting a local community group. Or call the East When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? For the 112,210 Americans who entered the foreclosure pipeline
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• California Tops PMI's Risk Index
  
  Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. Members of RealtyTrac looking to invest in foreclosure properties around the country would be wise to keep track of activity in PMI’s top 50 metro areas. If the results of this latest risk index prove true to form, there most likely will be more foreclosures coming down the pipeline as distressed homeowners in those areas 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New York Versus Freddie Mac: Round One
  
  big chunk of the real estate market will close down. This seems to make a lot of sense until you enter the real world. 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 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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