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19 Articles match "Foreclose","Sales","Short Sales"
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The Latest from RealtyTrac
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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. It’s going to make short sales more appealing to investors.” 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
Wachovia Changes The Lending Game
In effect, waiving prepayment penalties that may not be collected is far better than losing homes to foreclosures and short sales. Negative Amortization Wachovia is also trying to make the best of a bad situation in another way: If it can get option ARMs refinanced it may be able to capture some of the “negative amortization” owed by borrowers. Part of the unsold inventory includes large numbers of homes which have been foreclosed and are now owned by lenders. Wachovia Changes The Lending Game By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure records in 2006 and 2007 (see graphic). In January, properties entering some stage of foreclosure in Las Vegas outnumbered the sales of new and existing homes for the first time, according to a comparison of RealtyTrac foreclosure data and sales data. High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
www.realtytrac.com
- Tuesday, February 3, 2009
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Short Sales for Real Estate Agents - RealtyTrac
Short Sales for Real Estate Agents Search Properties | Free 7-Day Trial Every time the real estate cycle takes a dive two types of real estate agents seem to emerge: the traditionalist who is satisfied working the business the way it’s always been done; and the progressive who believes that being creative and accepting change is an important factor for remaining in the home buying game. Don’t Sell Yourself Short Which
www.realtytrac.com
- Tuesday, February 3, 2009
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How a Short Sale Can Stop Foreclosure, Short Selling Bank Foreclosures - RealtyTrac
Million Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
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New York Foreclosure Laws
New York foreclosures can take up to 15 months, which is longer than most other states. Compare All State Foreclosure Laws New York Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes No 445 Days NA None Court Comments: Judicial Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
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Deed in Lieu of Foreclosure - a Way Out of Foreclosure - RealtyTrac
Short of filing for bankruptcy (which only delays the inevitable, and does not STOP foreclosure in its tracks), sometimes your lender just isn’t willing to negotiate a loan workout or accept a short sale (agreeing to take less money on the sale of your property than the balance due on their underlying mortgage). Depending on how severe your financial hardship is, and other factors, the deed-in-lieu would allow you to sign over legal ownership to your home for the lender’s agreement not to foreclose. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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America's Most Expensive Foreclosure?
The mansion was foreclosed on February 25th on the Palm Beach County courthouse steps. Indeed, this sophisticate short sale has it all. Mention the word “foreclosure” and most homebuyers and investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. But now some of the most opulent estates are increasingly becoming available for savvy investors and homebuyers as a growing number of well-healed homeowners are defaulting on their mortgage payments and property taxes.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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CO Gives Owners More Time to Fix Foreclosure
gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. This redemption period allowed homeowners who had been foreclosed on to buy back their homes after the public foreclosure sale by paying the winning bidder the amount of the winning bid. “For The Colorado Division of Housing told DSNews that it did not think the new law would affect the number of initial foreclosure A state law that took effect Jan. 1
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: South Carolina
There is an immense amount of short sale activity going on. There seem to be more high-end homes being foreclosed on too. All in all, the people that are being foreclosed on are the ones who never should have purchased in the first place unless they could afford to take the hit if the market dropped. We are seeing more and more foreclosures come onto the market at this time here in South Carolina. We are in an area — known as the Grand Strand — that is a tourist town, popular with second home buyers and investors.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Glossary of Foreclosure and Real Estate Terminology - Realtytrac
When recorded, it is the initial step in a Trustee’s Sale Proceeding. Notice of Trustee’s Sale A document which is mailed, advertised, posted and recorded. Among other information, it provides the date, time and location of the Trustee’s Sale and also contains a description of the property to be sold. Postponement A verbal announcement made at the time and place of the scheduled Trustee’s Sale. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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The Truth About Bankruptcy, Foreclosure, Avoiding Foreclosure, Chapter 7, Chapter 13 - RealtyTrac
If you file for personal bankruptcy under Chapter 7 a so-called "automatic stay" is placed on all your creditors, including the foreclosing lender, by the court. raquo; How to Avoid Foreclosures FAQs » Avoiding a Home Foreclosure » The Truth About Bankruptcy and Foreclosure » Avoid Becoming a Foreclosure Statistic » How a Short Sale Can Stop Foreclosure » Do You Know Your States Foreclosure Law » Getting Help to Stop Foreclosure » Avoiding, Stopping Foreclosures Helpful Resources » Deed in Lieu: A Way Out of Foreclosure »
www.realtytrac.com
- Tuesday, February 3, 2009
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8 Ways to Dodge Delinquency and Stopping Foreclosure - RealtyTrac
Lenders say that the sooner they hear from a delinquent borrower in trouble, the easier it is to negotiate a solution. Option #2: Reinstatement Prior to a foreclosure sale, borrowers have the right to reinstate a delinquent loan. Most states permit redemption up to the foreclosure sale. Option #5: Sell the Property For owners who don’t care to save the property, or who have no other choice than to let the property go, selling the property may be a smart choice. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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