2 Articles match "Households","Los Angeles","Seller"
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As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 Sellers just dont want to admit their houses are not worth that much. households who live in rental properties, these renters will jump in and start buying. Of course, the other 30 percent of current homeowners will feel the pain financially. Everywhere you look it seems every other house is in foreclosure and the prices for 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. Overall,the foreclosure rate in the Los Angeles region has doubled sinceOctober, according to RealtyTrac Inc., As of February, the rate was one foreclosure forevery 1,223 households. The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off. The article goes on
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
|
MORE
|
-
Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. Overall,the foreclosure rate in the Los Angeles region has doubled sinceOctober, according to RealtyTrac Inc., As of February, the rate was one foreclosure forevery 1,223 households. The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off. The article goes on
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
As Home Prices Plummet, When Will You Buy?
percent decline and Los Angeles with a 26.2 Sellers just dont want to admit their houses are not worth that much. households who live in rental properties, these renters will jump in and start buying. Of course, the other 30 percent of current homeowners will feel the pain financially. Everywhere you look it seems every other house is in foreclosure and the prices for 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008