4 Articles match "Distressed","Properties","Residential"

• The Best from RealtyTrac

  MORE

• More Powerful Than a Foreclosure
  
  rdquo; So much for old ‘60s TV shows! In today’s world where foreclosure numbers are running rampant, especially in parts of Florida (where 37,364 properties with foreclosure filings were reported in May), distressed homeowners could use a superhero of their own to help them avoid or stop the foreclosure process. rdquo; Although exact details have not been released, attorney Mark NeJame explained that Shaq’s plan is basically to buy up the mortgages of distressed Orlando homeowners who have gone into foreclosure due to high interest rates and to sell their
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Governor Suspends Controversial Law Affecting Investors
  
  But House Bill 4050 (renamed Public Act 94-280) is now null and void, which should be a relief to real estate investors and prospective homebuyers looking for bargain property in south Chicago . A statement released by Dean Martinez, Secretary, Department of Financial and Professional Regulation, explained the decision to suspend the law by stating, “the Secretary received and reviewed information that suggests that the prior designation may be detrimental to the Pilot Program’s purpose, namely, to curb predatory lending practices in areas with high rates of foreclosure on residential
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• California Foreclosures 2007: Steady As She Goes
  
  Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. Only a slight uptick in job creation throughout California is expected, along with low housing affordability, a larger inventory of unsold houses, declining home prices, lower sales volume and less residential construction. A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Secrets of Pre-Foreclosure Investing
  
  Lucier, a Tampa Bay real estate investor and author of The Pre-Foreclosure Property Investor’s Kit . “That’s They deeded the property over to me. Then, after five days, I hired a local agent, listed the property, flipped it and made $31,400.” Sometimes, we do equity sharing deals, where we bring the 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.
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE