Archive

Archive for July, 2009

REO Bubble Next

July 31st, 2009
The foreclosure tsunami appears to be on its way - new defaults, re-defaults, and foreclosure numbers are rising, and there’s still the backlog of those who are attempting to loan mod that will eventually get denied. According to foreclosureradar, there are 4,047 bank-owned properties in San Diego County, and 20,215 outstanding NODs and Notices of Trustee Sales. Will the impending flood of REOs depress sales and prices further? I don’t think so. I think an increase of foreclosur

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Twitter Tweets about Short Sale as of July 31, 2009

July 31st, 2009
dalebohannon : Many lenders are NOT requiring home owners to miss payments before doing a short sale any longer..says Alex Charfen of CDPE Institute. 2009-07-31 14:43:37 · Reply · View Faecreature : How unethical would it be to call a bank and ask them to hurry up a short sale? More importantly, do you think it’d work ^_^ 2009-07-31 14:38:46 · Reply · View Vinny45 : **Look at this**with this program you learn all the free ways to sale your products!This has made makin

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A Guide to Real Estate Foreclosure

July 31st, 2009
by Michael Geoffrey The issue of real estate foreclosure is one of great importance and definitely one that has many issues included within it. The real estate foreclosure process is one that contains three major states, which are pre-foreclosure, foreclosure action and bank owned properties REO. Each stage is different and plays its own role in the foreclosure process overall. Understanding Foreclosure For a person who owns a home, foreclosure can be an absolutely terrible occurrence. If

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A Guide to Real Estate Foreclosure

July 31st, 2009
by Michael Geoffrey The issue of real estate foreclosure is one of great importance and definitely one that has many issues included within it. The real estate foreclosure process is one that contains three major states, which are pre-foreclosure, foreclosure action and bank owned properties REO. Each stage is different and plays its own role in the foreclosure process overall. Understanding Foreclosure For a person who owns a home, foreclosure can be an absolutely terrible occurrence. If

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Posts about Foreclosures as of July 30, 2009

July 30th, 2009
Homes are Available with a Bargain from Houston Foreclosed Properties – foreclosurelistingsblog.com 07/30/2009 Home buying from the US Real Estate markets has taken a new dimension. All along Americans were faced by a stiff sellers market. For buying a home either for living there or for renting, they had to search for a best suited property and put forth their offer among competitions. The asking prices of [...] Homes at Risk: A Grim Picture – seekingalpha.com 07/30/2009 A

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broker price opinion, Bank REO, Foreclosure Short Sale