5 Articles match "Equity","Florida","Short Sales"

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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. Most people in foreclosure today have zero equity in their homes,” said Thomas J. 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 is essential to survive.
www.realtytrac.com - Tuesday, February 3, 2009
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High-End Foreclosures Rising Among Top Tier Homes
The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009 and the market will flatten by 2010. Brady said the owners of high-end Hampton foreclosures tend to be “people who kept pulling money out of their houses for their business, using equity in their second homes to pay business debt,
www.realtytrac.com - Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
The estimates ranged from 25 to 40 percent from peak to trough, but all the economists thought prices could overshoot going down (as they did going up) and could be down as much as 55 percent in parts of Southern California.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Local Market Perspective: Cleveland, Ohio
    Other sellers are really the relocation companies or the banks backing a short sale. The Cleveland market will correct and you will have instant built-in equity. Other locations — including Las Vegas, much of California and Florida — have two corrections to make. WATCH: Here in Cleveland, watch the market for the best deals! Some sellers are against the wall and will sell well under market value.
    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. Most people in foreclosure today have zero equity in their homes,” said Thomas J. 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 is essential to survive.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • High-End Foreclosures Rising Among Top Tier Homes
    The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent in 2009 and the market will flatten by 2010. Brady said the owners of high-end Hampton foreclosures tend to be “people who kept pulling money out of their houses for their business, using equity in their second homes to pay business debt,
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Bush Foreclosure Solution Just Adds Water
    This can directly affect the homeowners’ ability, or desire for that matter, to proceed with such things as short sales and other types of workout situations that may offer them foreclosure relief, for instance. “…the Administration strongly believes this relief should be temporary to assist homeowners during the current mortgage market transition period and to avoid distorting consumer and lender decisions on new mortgage loans,” the statement said. Most people facing foreclosure at any time, no matter the cause, probably don’t have either the income or the equity to pay
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    The estimates ranged from 25 to 40 percent from peak to trough, but all the economists thought prices could overshoot going down (as they did going up) and could be down as much as 55 percent in parts of Southern California.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE