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6 Articles match "Foreclose","Maine","Report"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
In November, a total of 201,950 foreclosure filings were reported nationwide, according to RealtyTrac. Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. When buying a pre-foreclosure property, you can have a myriad of problems that must be solved quickly before the property’s loan is foreclosed on and sold at public auction.” 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
Wachovia Changes The Lending Game
In other words, if an option ARM is not fully repaid the lender’s loss is not just the principal it originally advanced, the loss also includes the negative amortization claimed as “income” in past reports to Wall Street. If some or all of the negative income owed by borrowers can be realized by refinancing option ARMs, then Wachovia will be very much ahead when compared with foreclosure situations. Main Street The reason home prices have been falling for the past 18 months is a gross imbalance between supply and demand. Wachovia Changes The Lending Game By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
And homeowners from California to Maine were left wishing they had a way to close the floodgates, stopping foreclosure of their homes immediately. The Task Force report included four goals for reducing the number of foreclosures in the region: 1) stabilization continuum – providing early warning notices to prevent foreclosure; 2) education – consumer counseling on all phases of homeownership; 3) prevention and intervention – through counseling about homeownership and borrowing; and 4) legislation, policy and enforcement – creating clear guidelines to educate consumers
www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosures and Hurricanes: A Nasty Combo
residents from Texas to Maine. The Institute of Business and Housing Safety is reporting that the increasing number of abandoned or vacant foreclosed homes is so great as to generate real concern for the oncoming hurricane season this year. reported a rise in homeowner vacancies for the first quarter of 2008 from the previous quarter and the same quarter a year ago. The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both. Temporary relief from the devastation was granted
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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What's Causing the Credit Crunch?
Wall Street analysts, main street investors, corporate executives and government bureaucrats all disagree on which mortgage company will be the next to trip and fall into bankruptcy. mortgage lender, reported that foreclosures reached a five-year high in July. Creating real estate tax incentives to stimulate foreclosure investors into purchasing and repairing foreclosed homes for re-sale or renting A lively debate is ensuing as to why the mortgage industry is unraveling and who’s to blame for the growing credit crunch that is sabotaging the housing industry. But they all agree
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
And homeowners from California to Maine were left wishing they had a way to close the floodgates, stopping foreclosure of their homes immediately. The Task Force report included four goals for reducing the number of foreclosures in the region: 1) stabilization continuum – providing early warning notices to prevent foreclosure; 2) education – consumer counseling on all phases of homeownership; 3) prevention and intervention – through counseling about homeownership and borrowing; and 4) legislation, policy and enforcement – creating clear guidelines to educate consumers
www.realtytrac.com
- Tuesday, February 3, 2009
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Wachovia Changes The Lending Game
In other words, if an option ARM is not fully repaid the lender’s loss is not just the principal it originally advanced, the loss also includes the negative amortization claimed as “income” in past reports to Wall Street. If some or all of the negative income owed by borrowers can be realized by refinancing option ARMs, then Wachovia will be very much ahead when compared with foreclosure situations. Main Street The reason home prices have been falling for the past 18 months is a gross imbalance between supply and demand. Wachovia Changes The Lending Game By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
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Secrets of Pre-Foreclosure Investing
In November, a total of 201,950 foreclosure filings were reported nationwide, according to RealtyTrac. Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. When buying a pre-foreclosure property, you can have a myriad of problems that must be solved quickly before the property’s loan is foreclosed on and sold at public auction.” 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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As Home Prices Plummet, When Will You Buy?
quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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