6 Articles match "Colorado","Houses","Trends"

• 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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• 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. For that reason, about the only way to pull off a redemption is to A state law that took effect Jan. 1
  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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• Priced to Foreclose
  
  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. Many of the states near thebottom of that list -- namely Michigan, Ohio, Indiana, Colorado, Texas and Georgia -- also appeared among the top 10 on RealtyTracs list of state foreclosure rates in the first quarter. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Is Eight Enough?
  
  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 One example is Colorado, whose foreclosure rate ranked No. 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). While there have been monthly fluctuations
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Crisis Sparks Surge in Arson
  
  In Colorado , a homeowner was convicted for setting his home on fire to prevent the lender from repossessing the property. “We’ve People upside-down on their house with variable-interest-rate loans, or upside-down on their cars, are pretty quick to burn their property right now.” ForeclosurePulse wants to know. Posted 04-22-2008 2:10 PM by Octavion Filed under: In desperate times people resort to desperate measures. Facing foreclosure, some homeowners are setting fire to their homes for the insurance
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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