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36 Articles match "Example","Property"
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The Government Goes After Loan Officers
For example, the SEC could limit its investigation to mortgages that were foreclosed within the first 12 to 18 months after origination. The one public example of such an audit that we know of revealed stunning results. Most importantly, without toxic mortgages families would not have lost their homes, foreclosure inventories would not be bloated and property values would not have sunk.” ____________________ Peter G. The Government Goes After Loan Officers By Peter G. Miller One of the most galling aspects of the mortgage
www.realtytrac.com
- Tuesday, February 3, 2009
No Mortgage Meltdown For These Banks
not far from Manhattan, Hudson City Bancorp has a lending philosophy that dates back decades: You can get a dull, boring, mortgage from Hudson at a very low rate — but only if you put equity into the property. As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. percent No Mortgage Meltdown For These Banks By Peter G. Miller The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
www.realtytrac.com
- Tuesday, February 3, 2009
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
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Michael Jackson Property in Default
that bought Jackson’s note earlier this year, the pop star put his parents’ abode in jeopardy by not making the required monthly payments." A property owned by Michael J. This is just another example that all types of property are susceptible to foreclosure, even multimillion dollar estates. And for high-end investors, properties like this one — which is valued at more than $7 million according Fox News is reporting that Michael Jackson has received a notice of pending foreclosure on a home he owns in Encino, Calif. — the home where his parents live. "The estate,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Real Estate Agent Resources - RealtyTrac
Foreclosure Real Estate Agent Resources Search Properties | Free 7-Day Trial Today’s home buyer or investor is a product of the information age, where data overload is king. As a result, RealtyTrac is constantly working to find new ways to break down the market statistics and trends in a way that makes sense for real estate agents and the home purchasing clients you serve. Keeping You On the Cutting Edge While some
www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosure Lessons from Long Beach: Part II
As promised, here is another lesson about successfully searching andpursuing foreclosures based on a recent conversation with a customerwho was searching for properties in Long Beach, Calif. Lesson 2: Call the trustee or lender to get most recent property status After you find a property that interests you, first call the trustee (for pre-foreclosures and auctions) or the lender (forbank-owned properties) to make sure the property is still inforeclosure before you sink any more of your valuable time into pursuingthe property. Confirming the status is necessary because although RealtyTrac checksif a property is SOLD, there may be a delay before we receive thatinformation and the owner in default could also reinstate the property,meaning it is no longer in foreclosure even though it did not sell.Also, even if RealtyTrac has an auction date listed, its not uncommonfor that auction date to be postponed, something you could only findout from the trustee.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Search: Lessons from Long Beach
A few days ago I spoke to a new RealtyTrac customer who was having trouble tracking down foreclosure property in Long Beach, Calif . havent had any success in pursuing properties." So we looked up some of the properties she was interested in, calledone of the property trustees and walked away with information that Ithink will be helpful both for her and for RealtyTrac. She said something like, "Is the information on your site accurate? I
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Financing and Foreclosure Refinancing - RealtyTrac
Foreclosure Financing: How to Buy Foreclosure Real Estate Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Finding financing for the foreclosure deal... is one of the most difficult aspects of purchasing a distressed property. Find below-market priced properties For many
www.realtytrac.com
- Tuesday, February 3, 2009
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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Where to find the best deals on foreclosures
Our analysis of nationwide foreclosure property sales in the last seven months shows that while some areas of the country documented a plethora of properties in foreclosure and big savings on foreclosure purchases, other areas reported relatively low foreclosure inventories and smaller average savings on foreclosure purchases. In addition, the low average sales price of foreclosures in these states makes it easier to purchase a foreclosure property — especially at foreclosure auctions, where the full amount in cash is sometimes required. It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective, Seattle, Wash.
Here are some things to keep in mind when considering a distressed property purchase: Foreclosures are the most problem prone and strenuous type for real estate purchase. You must have capital to purchase a distressed property. On average, you need 10 percent market value in cash to reinvest in the property. You never get a perfect house. You get price per-square-foot.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures in Money's 'Best Places to Live'
According to the latest data on the RealtyTrac website, Fort Collins has only 20 properties in the pre-foreclosure stage, but 226 properties are ready to go to auction and another 156 are bank owned (REO). As always, for investors interested in foreclosure property it’s a matter of doing your homework to get ideas on where to search. This list in Money Money magazine came out last week with another of its Top 10 lists; this one called "America’s Best Places to Live 2006 ." And the winner is . . .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Glossary of Foreclosure and Real Estate Terminology - Realtytrac
Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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