8 Articles match "Foreclosures","Long Beach"

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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 . also think alot of foreclosure buyers and investors using RealtyTrac could benefitfrom what we learned, so below is the first of several "Lessons fromLong Beach." Lesson 1: Take an areas foreclosure activity into account When you run a search, look at the number of properties and entered dates to get a big-picture view of the foreclosure activity in the areayoure searching. She said something like, "Is the information on your site accurate?
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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 Lessons From Long Beach - Part III
  
  Heres the third and final lesson gleaned from a conversation with acustomer in Long Beach, Calif., Lesson 3: Listen carefully and speak concisely when calling the trustee With the customer listening in, I called one of the trustees listed for a pre-foreclosure property. this example I just said that I wanted to know about the status of aproperty in foreclosure and the trustees rep asked for the propertyaddress and then the owners name, both of which were listed who needed help following up onproperties she found on RealtyTrac. See Lesson 1 and Lesson 2 .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• When Foreclosure Is Not Politically Correct
  
  Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures. But the topic of foreclosure recently became much more personal for one Long Beach, Calif ., Laura Richardson has lost, via foreclosure, the 1,600 square-foot, two-story Sacramento home with three bedrooms and 1.5 politician. Multiple media outlets are reporting that U.S. Rep.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
  
  LONG BEACH, Calif. — If California’s economic indicators stay at their present course, 2007 should be a very good year for investing and purchasing foreclosure properties at bargain prices. and Detroit. The Realtor group also forecast a spike in foreclosures activity next year. These new forecasts, along with monthly research At Wednesday’s Opening Session of California Realtor EXPO 2006, Leslie Appleton-Young, Chief Economist for the California Association of Realtors, presented her housing forecast for next year , calling for the state’s median home price to drop for the first time in 10 years and the pace of home sales to continue to decrease.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Won't Break the Market Next Year
  
  Delivering the results of his research as part of an economists’ panel on the last day of California Realtor Expo 2006 in Long Beach last week, Christopher Cagan, Ph.D., Director of Research and Analytics for First American Real Estate Solutions, said that even with $1 trillion of adjustable-rate mortgages ready to reset to higher interest rates in both 2007 and 2008, he believes the number of defaults and foreclosures resulting from the increased mortgage payments will be “painful but won’t break the economy or the market.” Basing his comments on data collected on first
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Clash of Cultures at CAR Expo
  
  LONG BEACH, Calif. — In the world of foreclosures , with transactions that tend to be more complex than the mainstream real estate market, a knowledgeable real estate professional could be even more valuable for potential buyers, investors and sellers. Do you believe you could successfully purchase or sell a foreclosure without the help of a Realtor or other real estate professional? The opening session of what is billed as “Tech Tuesday” at the California Realtor Expo 2006 provided a somewhat unvarnished glimpse into how some Realtors are responding to real estate websites that are lifting the veil on home valuations and other previously hard-to-find real estate data.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• California Tops PMI's Risk Index
  
  Rounding out the top 10 with their scores were: Nassau-Suffolk, NY (601); Riverside-San Bernardino-Ontario, CA (600); Los Angeles-Long Beach-Glendale, CA (597); Boston-Quincy, MA (595); Providence-New Bedford-Fall River, RI-MA (595); and San Jose-Sunnyvale-Santa Clara, CA (592). Given that fact, it is no surprise that two out of those four metros also documented some of the highest foreclosure rates in the country for all of 2006. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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