|
|
15 Articles match "Houses","May","Top"
|
The Latest from RealtyTrac
|
MORE
|
|
Option ARM Borrowers Running Out Of Time
Of all the mortgage ideas developed during the past few years, none tops the option ARM for sheer awfulness. According to Fitch "the potential average payment increase on this recasting population is 63 percent, representing on average an additional $1,053 due each month on top of the current average payment of $1,672." You dont have to be a math major to figure out what will happen next: Huge numbers of option ARMs will fail in the next 24 to 30 months with results that will be devastating to borrowers, loan portfolios and local home values. How They Work Formally known as "payment
www.realtytrac.com
- Tuesday, February 3, 2009
Stop Home Foreclosure
How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. Your lender may agree to accept the sale as total satisfaction of your mortgage obligation even if the proceeds of the sale are less than the amount that you actually owe. You must also be able to close on the sale of your house within one to two months. (Note: Johnson If you are currently in foreclosure, strongly consider selling your property as a backup plan. The object is to pay off all debt and expenses, walk away without a foreclosure or bankruptcy
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
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. The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next
www.realtytrac.com
- Tuesday, February 3, 2009
|
-
|
The Best from RealtyTrac
|
MORE
|
-
High-End Foreclosures Rising Among Top Tier Homes
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. The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next
www.realtytrac.com
- Tuesday, February 3, 2009
-
Obtaining a Foreclosure List
Information like list price, number of bedrooms and bathrooms, property size, photos, and sometimes even high-tech mapping are included. Why Free Foreclosure Lists May Be Risky Finding a foreclosure list that homebuyers and real estate investors can depend on can be really challenging. Price: $0.00 Know how much your house is worth? Obtaining a Foreclosure List Search Properties | Free 7-Day Trial Obtaining an up-to-date foreclosure list thats reliable can now be done fast and easy with internet access. A
www.realtytrac.com
- Tuesday, February 3, 2009
-
Michigan Goes Hollywood to Help Homeowners
Rather, it’s more of a “reality” television show. The State of Michigan is hitting the airwaves with a cable television show of its own called “House Michigan” aimed at promoting homeownership and everything that entails. Since January 2006 Michigan has ranked in RealtyTrac’s top 10 states with the greatest foreclosure activity in the nation, most of that time maintaining a position in the top five. Lights! Camera!
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Florida Homeowners Overconfident Despite Foreclosures?
Their least concern: falling victim to mortgage fraud -- even though the survey says that Florida is the top state in the nation for such fraud (something that is, unfortunately, always associated with real estate investors working in the foreclosure arena). Between those two extremes, other concerns included: a burst of the housing bubble, rising mortgage rates and depreciating home values. Results of a new study released last week by Attorneys Title Insurance Fund (The Fund) suggests that Florida homeowners are feeling pretty good nowadays about the value of their homes and the potential for those values to rise further in the future.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Avoid Foreclosure Before it Starts at RealtyTrac
Million Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
-
The $3 Billion Foreclosure Payday
You may not know who John Paulson is, but you soon will. That puts the Wall Street hedge-fund manager among the top 150 richest Americans. During the last housing slump, Paulson was a foreclosure investor, buying two distressed properties; a New York apartment and a large home in the Hampton on Long Island. During the housing boom, Wall Street began repackaging Last year, Paulson made $3 billion betting on foreclosures . In one year, Paulson made more money than The Donald made in a lifetime, according to the Wall Street Journal .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
You Too Can Predict the Future...Maybe
Although he believes the $152 million economic stimulus package President Bush and Congress approved last month will help somewhat, Engle, a professor at New York University, is disappointed in the performance of the housing sector enough to blame it as the chief reason that a recession is likely. “What I’m hoping is that this sector of the economy doesn’t get legislated away. He may be correct — at least as to California — based on the latest California Consumer Confidence survey conducted by economists at the A. Time to dust off those Ouija boards and take out the tea leaves.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
How a Short Sale Can Stop Foreclosure, Short Selling Bank Foreclosures - RealtyTrac
Locate foreclosure properties Although essentially similar in process, for a homeowner to stop foreclosure in Houston the state laws may be slightly different for another city. Many homeowners who bought around the top of the market, back in 2004 through 2006, are now stuck with having purchased more home than they could afford. Therefore, the catch is that in order to successfully conduct Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
-
Foreclosures Fade in World Series Spotlight
The city’s foreclosure rate of one new foreclosure filing for every 197 households was more than five times the national average and tops among the nation’s 100 largest metros. But for at least five games, the city has pushed concerns about the housing market and the economy to the backburner and chosen to focus on baseball: “The local news media have started calling Detroit "Tiger Town." If that The Detroit Tigers are the feel-good story of this year’s World Series, having made it to baseball’s big dance only three years after posting 119 losses — one of the worst records in history.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Fed Pauses to Pass the Popcorn Around
The problem is, in Tuesday’s press release the Fed noted the slowing growth rate of the national economy, directly commenting on “the gradual cooling of the housing market and the lagged effects of increases in interest rates and energy prices.” 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
|
|
|
