8 Articles match "Colorado","Foreclosures","Houses"

• The Best from RealtyTrac

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• Betting Everything on the House: 3 Risky Loans to Avoid
  
  Falling prices, sluggish sales and risky loans that let borrowers pile up debt faster than they can pay it off could put more homeowners out of their houses this year than at any other time this decade. Yet many homeowners — particularly in California, Florida and Colorado — are still purchasing or refinancing their mortgages with “exotic” loans that may keep their monthly payments low now, but when these gimmicky loans “reset” upward borrowers could lose their homes if they haven’t planned for an increased monthly mortgage payment. While these loans certainly can be used for good, too often consumers don’t fully understand the risks involved.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Appreciation Rates Foreshadow Foreclosures
  
  Third-quarter house price appreciation figures released last week by the Office of Federal Housing Enterprise Oversight provide more evidence of a cooling real estate market and further foreshadowing of a continued rise in foreclosures — all pointing to more opportunities for real estate investors to buy low. The OFHEO report shows national house prices rose 7.73 percent from the third quarter of 2005, down from a 10.06 percent increase in the second quarter and down from a high of a 13.9
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• CO Gives Owners More Time to Fix Foreclosure
  
  gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. In the past, Colorado homeowners had 45 to 60 days from the commencement of foreclosure proceedings — initiated by what is called a notice of election and demand — to cure the loan by making all past-due payments along with late charges and other costs. This redemption period A state law that took effect Jan. 1
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures up 13 percent in February
  
  RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. foreclosures increasing for the third month in a row. We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. Thats a foreclosure rate households. Heres what our CEO, James J.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Crisis Sparks Surge in Arson
  
  Facing foreclosure, some homeowners are setting fire to their homes for the insurance money. Consider the following: In South Carolina , a homeowner was charged with burning her home on the eve of foreclosure. In Massachusetts , there’s a growing concern that foreclosure arson is becoming a problem around the state as more and more properties are abandoned. In desperate times people resort to desperate measures. But they usually end up with a criminal conviction instead of cash.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• March Mania and RealtyTrac's Sweet 16 Foreclosure List
  
  This weekend, as the best college basketball players square off, RealtyTrac will tip off its Sweet 16 foreclosure list. Trenton, NJ — Opening Bid: $83,700 MIDWEST REGION SEMIFINAL With bank-owned houses cheaper than a used car in Detroit, Michigan and Columbus, Ohio, why not buy the whole block? Reno, NV — Opening Bid: $49,073 3) Colorado — 2506 W 8th St., Each spring brings the beginning of the real estate sales season and the end of college basketball, culminating with March Mania and the much awaited NCAA Sweet 16 playoff. EAST REGION SEMIFINAL The dollar goes
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Priced to Foreclose
  
  A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship. The Office of Federal Housing Enterprise Oversight (thank goodness for acronyms) on Thursday released home price appreciation statistics for the first quarter of 2006, which show that U.S. homes are appreciating at the slowest quarterly rate since the firstquarter of 2004. The OFHEO report ranks the 50 states and the District of Columbia basedon year-over-year home price appreciation.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Is Eight Enough?
  
  The number of properties with some sort of foreclosure action against them (default notice, auction notice, bank repossession) has consistently risen for the past eight quarters (see chart). Foreclosure Market Report released by RealtyTrac today. And while this upward trend in foreclosure activity is driven largely by a few populous states with volatile housing markets, there's no doubt the pain is spilling over into many other areas across the country. “Forty-eight While there have been monthly fluctuations up and down during this time period, the quarterly numbers consistently have been up quarter over quarter, and the most recent quarter was no exception, according to the U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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