4 Articles match "Example","Houses","Owner-Occupied"

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• Latest Census Data Suggest More Foreclosures Coming
  
  homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble? Census Bureau , based on 2005 data, suggests that the American public is spending more of their disposable income on necessities — especially owner occupied and rental housing. Take San Diego, for example, where the median price of a home jumped from $249,000 to $567,000 in five years (2000-2005). Will the thinly stretched finances of U.S. A new report just released by the U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  lis pendens is usually filed by the lender to start the foreclosure process under judicial foreclosure (just as a notice of default begins the foreclosure process under non-judicial foreclosure) Military Affidavit A written and sworn statement that, to the best of the homeowners association’s knowledge, the property owner is not in active military service and entitled to any rights under the Soldier’s and Sailor’s Relief Act of 1940. Notice of Default A notice of homeowner’s failure to perform his/her obligations as to the payment of assessments under the Declaration
  www.realtytrac.com - Tuesday, February 3, 2009
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• OTS Director Offers Alternative Plan to Congress
  
  House of Representatives earlier this week, John M. Reich, Director of the Office of Thrift Supervision (OTS), offered an alternative foreclosure prevention plan to the one under consideration from the Federal Housing Administration (FHA). Reich pointed to the FHASecure program as an example, where 116,000 loans have closed since the program was launched in September 2007, but only 1,500 of them were made to refinance delinquent conventional loans. In a statement delivered before the Committee on Financial Services of the U.S. Representing the interests of the 826 thrift
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Secrets of Pre-Foreclosure Investing
  
  Cash-to-walk “The first deal I put together was a cash-to-walk deal in Hawthorne,” said McManus, co-owner of Dream Big, an El Segundo, Calif., offered the owner a couple thousand dollars to walk. McManus said the borrower got out of a painful situation, the bank got rid of a non-performing asset, and McManus bought a discounted house for pennies on the dollar. “Sometimes, 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
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