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16 Articles match "Homes","Land","Real Estate"
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The Latest from RealtyTrac
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Don't Dump Investors
It appears everywhere and is never challenged, as if real estate investors are somehow disposable players in the foreclosure mess. However, none of these efforts are a silver bullet that will undo the excesses of the past years, nor are they designed to bail out real estate speculators or those who committed fraud during the mortgage process. These efforts are to help American families who both want to and can, through Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies
www.realtytrac.com
- Tuesday, February 3, 2009
National Registration For Loan Officers Becomes Reality
But that’s about to change because registering mortgage loan officers is now the law of the land. But the real story is different: Mandatory registration will potentially allow mortgage investors worldwide to rank loan officer performance — and to refuse deals from those with high levels of foreclosures and delinquencies. Seen another way, the new law makes mortgage lending more transparent, something which will reduce foreclosure rates, cut lender losses and make mortgages National Registration For Loan Officers Becomes Reality By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
Missouri Foreclosure Laws
allows a mortgagee to commence foreclosure actions in the circuit court in the county where the real estate is located against the original mortgagor, any persons who assumed the indebtedness, junior lien holders or judgment creditors, others claiming an interest in the real estate, and people having right of possession. Related: Foreclosure homes in Springfield, MO B. Missouri Foreclosure Laws In Missouri, foreclosures are handled both in and out of court. The typical foreclosure process takes about two months.
www.realtytrac.com
- Tuesday, February 3, 2009
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Glossary of Foreclosure and Real Estate Terminology - Realtytrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosure bargain for summer home of JFK's grandfather
A post last week on The Real Estate Bloggers recounted how the former summer home of President John F. 28 foreclosure auction . The Hull, Massachusetts home of John F. The home had been fraudulently purchased by Jamie Edelkind who was sentenced for 5 years in jail. Kennedys grandfather sold for a bargain price at a Feb. Kennedy’s grandfather sold at auction at a steep discount Tuesday for the price of $950,000.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
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 Home Price Index released today. 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 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Will Homeowners Sink or Swim?
And prices of existing homes fell in August for the first time in 11 years as sales dipped to their lowest level since early 2004, according to the National Association of Realtors . The next big wave of news may be a true real-estate slump, as hundreds of billions in adjustable-rate mortgages reset, making it even more difficult for homeowners in depressed markets to meet higher monthly payments. Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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UCLA: Crash and Burn Unlikely for National Economy
The nation’s economy, driven mostly by the real estate sector, has been flying at Mach 1 in clear blue skies for a number of years. Home sales and housing starts, the report estimates, will both drop (12 percent and 26 percent respectively) with home prices declining on a year-over-year basis as the economy heads for a soft landing. For investors, real estate agents and potential homebuyers looking to RealtyTrac’s radar Now, however, some clouds are starting to appear on the horizon, and as air currents are changing, pilots are starting to throttle back and slow things down a bit, and distressed homeowners are belted into their seats as they find themselves in for a more bumpy ride in the foreseeable future.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fed Pauses to Pass the Popcorn Around
The bond market — which called for the Fed to take a breather from making further adjustments — went unchanged for the day, and the real estate industry — which believes the market is in the midst of a major period of correction and headed for a soft landing — breathed a momentary sigh of relief. If the national economy cools too much and inflation spins out of control, the country may experience a recession, resulting in a hard landing for the real estate market and an increased level of foreclosures. Alan Greenspan started directing this movie more than two years ago when he made the first of 17 consecutive edits (so-called “adjustments”) to interest rates, raising them 25 basis points each.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Don't Dump Investors
It appears everywhere and is never challenged, as if real estate investors are somehow disposable players in the foreclosure mess. However, none of these efforts are a silver bullet that will undo the excesses of the past years, nor are they designed to bail out real estate speculators or those who committed fraud during the mortgage process. These efforts are to help American families who both want to and can, through Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies
www.realtytrac.com
- Tuesday, February 3, 2009
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FDIC Selling Off Detroit Inventory
So it’s no wonder that it has no time to play nursemaid to a bunch of foreclosed real estate in foreclosure-laden Detroit, Mich. to auction off 83 properties ranging in values from as low as $2,500 up to a home in the Grosse Pointe area that was recently listed for $1.3 The property mix will include single-family, duplex, triplex and commercial properties plus land. The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures in Money's 'Best Places to Live'
Money’s writers and editors selected from an initial pool of 745 “livable” cities with populations of more than 50,000 with good jobs, low crime, quality schools, plenty of open space, lots to do, AND rational home prices. That’s more than all the for sale by owner, resale and new homes listed on RealtyTrac in Fort Collins The rest of Money’s Top 10 list includes: 2) Naperville, Ill.; 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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Ohio Lawmaker Seeks Solution to Foreclosure Level
And for subscribers to RealtyTrac — albeit investors, real estate agents or potential homebuyers — Ohio is a land of opportunity right now. Mortgage delinquencies continue to rise, the number of single-family permits are declining, the rate of home price appreciation is below the national average, and the state’s median home price declined in Q1, although home sales were up 6 percent for the quarter One news report on the outcome of the meeting has witnesses placing blame squarely on easy lending practices, which is the same story heard in many states around the country
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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