11 Articles match "Land","Report"

• The Best from RealtyTrac

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• Will Homeowners Sink or Swim?
  
  Foreclosure Market Report, which shows 112,210 properties nationwide entered some stage of foreclosure during the month, a decrease of less than 1 percent from August, and a 63 percent increase from September 2005. The report also shows a national foreclosure rate of one new foreclosure filing for every 1,030 U.S. households, the third highest monthly foreclosure 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Screech from "Saved by the Bell" in Foreclosure
  
  The Associated Press is reporting that actor Dustin Diamond from televisions "Saved by the Bell" is selling T-shirts to help bail his home out of foreclosure. "Diamond, 29, is trying to sell nearly 30,000 shirts – at $15 or $20 (autographed) each – to supplement the income he makes as a standup comic so he doesn’t have to move from his Port Washington home, about 25 miles north of Milwaukee." This is different from your typical foreclosur e because it doesnt involve a lender foreclosing on a defaulted loan; it involves a landowner foreclosing on a land contract, according to the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  This time period is approximately 30 days long. Rescission of a Notice of Default When signed by the homeowners association or agent and recorded by the trustee, this document removes the effect of the previously recorded Notice of Default. Substitution of Trustee A written document by which one trustee is appointed in place of another. Trustee The person or party to whom property is conveyed in trust for the benefit of others. Trustee’s Deed Upon Sale A document signed by the Trustee that transfers ownership of the foreclosed property to the successful bidder at a Trustee’s
  www.realtytrac.com - Tuesday, February 3, 2009
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• FDIC Selling Off Detroit Inventory
  
  The property mix will include single-family, duplex, triplex and commercial properties plus land. With one in every 176 households receiving a foreclosure filing during July, the Detroit metro area had the 18th highest foreclosure rate among the 230 MSAs reported by RealtyTrac for the month. Reporting 4,781 properties with foreclosure filings for the month, the Detroit metroplex saw a 10 percent decline in foreclosure activity from the previous month and was 45 percent below the activity The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• UCLA: Crash and Burn Unlikely for National Economy
  
  But in their Q3 2006 report , forecasters at UCLA’s Anderson School of Management are calling for the Federal Reserve to reduce the Federal Funds Rate to 4.5 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. Foreclosure Market Report . 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. Now, however, some clouds are starting to appear on the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure bargain for summer home of JFK's grandfather
  
  The assessors office appraised the land for tax valuation at 1.3 closely matches the description given in news reports about the historic residence. A post last week on The Real Estate Bloggers recounted how the former summer home of President John F. Kennedys grandfather sold for a bargain price at a Feb. 28
  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. According to the RealtyTrac Q2 2006 Foreclosure Market Report , the total number of foreclosures in Ohio actually declined by 30 percent from Q1 2006, although still up 85 percent from Q2 2005. FDIC) reports that job growth in Ohio was less than half the national average during Q1 2006. 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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• Realtors '07 Forecast Looks Promising for Future Foreclosure Activity
  
  The CAR forecast also calls for a 2 percent drop in the state’s median home price next year from a projected median price of $561,000 for 2006, down to a projected median of $550,000 in 2007 — a stark contrast to a year ago when most forecasters were predicting a soft landing and few were expecting prices to fall and sales to plunge. The expectations of the California Realtors is less bleak than a new housing report, "Housing at the Tipping Point," released this month by Moody’s Economy.com that predicts sharp declines, some nearing 20 percent in many metropolitan areas of California,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Now Homebuilders Face Foreclosure
  
  Homebuilders, meanwhile, have been frantically selling off properties at huge discounts, laying off employees and selling undeveloped land to raise capital and remain liquid. Many of these homebuilders have lost more than 80 percent of their stock value — and have reported hundreds of million in losses to their balance sheet. For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate.
  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. 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 his first day of testimony before Sen.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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