8 Articles match "December","Foreclosures","Properties"

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• Celebrity Foreclosures
  
  Rich people, it turns out, are just as vulnerable as poor folks to foreclosure. New York Post celebrity real estate columnist Braden Keil today reported that Veronica Hearst, the widow and third wife of Randolph “Randy” A. Hearst, is fighting foreclosure proceedings on her 5.1 In December 2004, Ms. acre oceanfront estate in Manalapan, just south of Palm Beach, Fla. The couple paid for $29.9
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Avoid and Stop Foreclosure - Help at RealtyTrac
  
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  www.realtytrac.com - Tuesday, February 3, 2009
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• 2006: An Adjustable' Year for Foreclosures
  
  Based on data collected between December 18 and December 21, 2006, the survey cited three major conclusions: That the overall market share of adjustable-rate mortgages (ARMs) as a whole declined in 2006 as the savings gap in interest rates between ARMs and fixed-rate mortgages shrank; Lenders offered greater incentives (discounts) in 2006 in order to maintain the flow of ARM originations coming in the door; and Hybrid loans — particularly the very popular 5/1 ARM where the teaser interest rate is fixed for five years before the lender can push the interest rate upward — became the most popular
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Subprime meltdown means jump in foreclosures
  
  subprime mortgage market after the bankruptcy of at least 20 lenders in the last two months, triggering a mass liquidation of securities on Wall Street and an avalanche of foreclosure activity on Main Street. As more lenders go bankrupt and more Americans default on home loans, a jump in foreclosures is expected. filed for bankruptcy on Feb 7, sounding the alarm and Panic is spreading in the U.S. Growing trouble in the subprime mortgage industry could not come at a worse time for the battered housing sector, which has been in a yearlong tailspin of stagnant sales, rising inventories,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 2007: Housing Slowdown Good for Foreclosures
  
  That means 2007 should be a good year for anyone involved in the foreclosure sector of the market — whether they are real estate agents, potential home buyers or real estate investors. Some highlights of the Chapman forecast: The sky isn’t falling, but housing prices are projected to decline 2.2 percent on average next year, after an almost 50 percent run-up in appreciation between 2001 and 2006, says the Chapman Economic & Business Review December 2006 . The cooling real estate sector will continue to plague the national economy next year, but enough positive economic fundamentals remain in place to counteract forces threatening to push the U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Secrets of Pre-Foreclosure Investing
  
  Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer    One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace. All agree on one thing: The pre-foreclosure market is a highly specialized area of the foreclosure business that is not for amateurs. “Most Another claims that developing a series of “systems” in your business is the key to success. A third warns that accurate data and timely information
  www.realtytrac.com - Tuesday, February 3, 2009
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• Housing glut gives foreclosure buyers and investors advantage
  
  million empty houses were listed for sale during October, November and December, according to the Census Bureau . For real estate investors and home buyers, weakness in January construction means that builders will slash prices and offer incentives to motivate buyers into writing offers. Foreclosures surge upward The biggest news in residential real estate, however, seems to be foreclosures. The 130,511 new foreclosure filings last month were up 25 percent Storm clouds are gathering over the nation’s battered housing market. Depending on whom you ask, the forecast calls
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Cagan: Big Scary Numbers, Little Impact
  
  Based on his latest property surveys (conducted December 2006), the Director of Research and Analytics for First American CoreLogic concluded in his latest report titled, “Mortgage Payment Reset: The Issue and the Impact,” that marketplace remediation has already begun as borrowers and lenders negotiate refinances whenever possible. Confirming what RealtyTrac has reported previously, Cagan noted that it is borrowers who went with either sub-prime loans, or loans with smaller teaser rates initially to finance their home purchase, who stand to bear the greatest burden as the onslaught
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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