9 Articles match "Land","May","Real Estate"

• The Best from RealtyTrac

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• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  Million Foreclosures
  www.realtytrac.com - Tuesday, February 3, 2009
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• Will Homeowners Sink or Swim?
  
  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. Earlier in the year, there was a lot of discussion about a “soft landing” for the residential real estate market. 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. But as the rising tide
  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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• 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. The property mix will include single-family, duplex, triplex and commercial properties plus land. For real estate investors looking for a long-term buy and hold investment strategy, this auction may be a good potential source of bargain properties to consider. The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Gentle Ben Says the "R" Word...Finally!
  
  Charles Schumer’s Joint Economic Committee this week, Bernanke reportedly admitted that the nation may actually be headed toward a recession. Many economists who were once naysayers — like Bernanke — are finally owning up to the fact that they may have been wrong, and that a recession is already here. Gentle Ben was hoping that lowering interest rates would make for a soft and “gentle” landing — which it hasn’t. Gentle Ben Bernanke has been careful not to ruffle any feathers on Capitol Hill since assuming his role as the chief caretaker of the U.S. economy. But during
  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. At the local level Cuyahoga County went from the county with the highest foreclosure rate in the state — one foreclosure filing for every 453 households in May — down to the seventh highest foreclosure rate in the state — one foreclosure filing for every 508 households — for June. It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 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. Non-Judicial Foreclosure Typically, Missouri foreclosures are non-judicial because a contractual power of sale is valid in Missouri, a state which allows the use of Deeds of Trust to grant a security interest in real estate. Missouri Foreclosure Laws In Missouri, foreclosures are handled both in and out of court.
  www.realtytrac.com - Tuesday, February 3, 2009
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• 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
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• As Home Prices Plummet, When Will You Buy?
  
  Does this make it a good time to buy real estate? have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I Now, in 2009, or will you wait until 2020 when everyone has forgotten about this housing slump and is raving about skyrocketing home prices? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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