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8 Articles match "Maine","May"
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The Latest from RealtyTrac
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Secrets of Pre-Foreclosure Investing
Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. First, a homeowner facing foreclosure may be motivated and willing to do almost anything to avoid losing property to the bank. Lucier, the Tampa Bay real estate investor and author, says the secret to being a profitable pre-foreclosure investor is “specialized knowledge.” “In this business, you cannot afford to Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com
- Tuesday, February 3, 2009
Wachovia Changes The Lending Game
If that happens, the Wachovia plan may well be responsible for saving tens of thousands of families from foreclosure.” Washington On Capitol Hill, both the House and the Senate have passed measures that would allow the FHA to insure up to $300 billion in special mortgages for those facing foreclosure. In effect, waiving prepayment penalties that may not be collected is far better than losing homes to foreclosures and short sales. Negative Amortization Wachovia is also trying to make the best of a bad situation in another way: If it can get option ARMs refinanced it may be
www.realtytrac.com
- Tuesday, February 3, 2009
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Will Main Street Sink Wall Street?
While it is unlikely to bring down the savvy Wall Street firm, the firm may become a potential target for government regulators, class-action lawsuits and expose the investment bank to a hostile takeover. Fear and anxiety could trigger a massive sell-off, exposing other Wall Street financial institutions to the same excesses of America’s housing bubble on Main Street. Ironically, Mounting mortgage defaults by American homeowners with shaky credit have claimed their first Wall Street casualty, as investment banking giant Bear Stearns shuffled the leadership of its asset-management division and lost billions in the risky hedge fund market last month.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Avoid and Stop Foreclosure - Help at RealtyTrac
Stop Foreclosures Click on a state below to get information on stopping foreclosures in your area: Search 1,683,603 U.S. foreclosure properties Click on a state!
www.realtytrac.com
- Tuesday, February 3, 2009
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U.S. Foreclosure Laws
Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls. State Foreclosure Laws Quickly locate and review the foreclosure law specific to your state � or any state you�re considering investing in. Select A State Alabama Alaska Arizona Arkansas California Colorado Connecticut
www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosures and Hurricanes: A Nasty Combo
residents from Texas to Maine. The potential for damage to other homes and personal property, along with the hazardous danger of bodily harm involved, may give support to the idea being promoted in many cities, counties and states around the country to hold lenders liable for maintaining the foreclosed properties in their REO inventory until they are sold. The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both. Temporary relief from the devastation was granted in the form of a foreclosure
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
And homeowners from California to Maine were left wishing they had a way to close the floodgates, stopping foreclosure of their homes immediately. Good news, there may be ways to stop foreclosure. Going at it solo may not be all that easy, but here are some tips. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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Wachovia Changes The Lending Game
If that happens, the Wachovia plan may well be responsible for saving tens of thousands of families from foreclosure.” Washington On Capitol Hill, both the House and the Senate have passed measures that would allow the FHA to insure up to $300 billion in special mortgages for those facing foreclosure. In effect, waiving prepayment penalties that may not be collected is far better than losing homes to foreclosures and short sales. Negative Amortization Wachovia is also trying to make the best of a bad situation in another way: If it can get option ARMs refinanced it may be
www.realtytrac.com
- Tuesday, February 3, 2009
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Secrets of Pre-Foreclosure Investing
Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. First, a homeowner facing foreclosure may be motivated and willing to do almost anything to avoid losing property to the bank. Lucier, the Tampa Bay real estate investor and author, says the secret to being a profitable pre-foreclosure investor is “specialized knowledge.” “In this business, you cannot afford to Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace.
www.realtytrac.com
- Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
The irony of all this may be that just as the market was beginning to find some footing and correct itself in these hard-hit areas, the government jumps in to try to save everyone and thereby undercuts those shaky steps toward a recovery. child will take a lot longer to learn to walk if her parent never lets her try on her own, but rushes over and picks her up everytime she stands up and gets ready to take a step -- because the parent is afraid that the child may fall.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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