Tag Archives: foreclosures

Mortgage Interest Rates | Common-sense Finding A Home Loan Methods – Obtaining The …

If a 20% down payment is out of your league, do a number of shopping around. Different banks will have distinct offers for you to look into. Terms and rates will differ at each, some will give a lower downpayment, nevertheless a slightly further interest rate. Check out the greatest mix for your existing scenario. Pay down your current debt and stay away from gaining new debt while going by way of    .. more …

New Home Sales | Pests Woes Bedevil New Construction And Vacant Homes

Owners expect a new home or commercial building to be in pristine condition and certainly pest-free. However, the very process of construction can leave a new building open to pest invasion. Building construction typically takes several months, although structure size, financial considerations and particularly weather conditions can lengthen that time considerably. Wooden structural components and    .. more …

New York Foreclosures | Foreclosure Sizzlers – Article Dashboard

It’s becoming more common to see multiple offers on the same properties as buyers zero in on the bargains offered by distressed properties. This is especially prevalent in California, Arizona, and metro Washington, D.C. and Minneapolis-St. Paul. Even though there is a large inventory of foreclosures, the quality properties, still in relatively good condition, and in the $300,000 price range are    .. more …

New York State Foreclosure | Banks, Are They Really Your Friend? – Article Dashboard

Sure, the media would have you believe that things are getting better, but you must keep in mind who most likely owns the controlling shares in the media and who certainly pays for the advertising that keep the media solvent. In short, the media are bought and paid for, so when their puppet masters pull the strings that are attached to their purses, they dance when told to dance. Are the banks    .. more …

New York State Foreclosure | All About Foreclosures – Article Dashboard

Need some help with avoiding foreclosure? Here is some common information about foreclosed properties. Several states have a record number of foreclosures, such as Arkansas, Arizona, Colorado, California, Florida, Illinois, Massachusetts, Maryland, Michigan, New York, New Jersey, Ohio, Texas, Utah, Virginia, and Wisconsin.CNN Money reports that adjustable-rate mortgages, especially mortgages that    .. more …

Existing Home Sales | Pros And Cons Of Buying A Foreclosure Property

In 2008, an average of one in six homeowners owed more than their homes were worth. Over 2.3 million homes went into default or were seized by lenders. As bad as that sounds, there is a bright side. Foreclosure properties contributed to the 6.5% increase in existing home sales for the month of December especially in California, Nevada and Florida. Purchasing a foreclosure property, whether it be    .. more …

New Home Sales | New Short Sale Law To Protect Homeowners From Deficiency

SB 931 is a new short sale law created to protect California homeowners from deficiency judgments.New Short Sale LawI read a good article online from Stephen McMullen, a lender out of California, about the new California short sale law being passed to protect the homeowners from deficiency judgments.A deficiency judgment is when the bank sues the homeowner for the difference between the mortgage    .. more …

New York State Foreclosure | Homeowners – What You Need To Know About Foreclosures

Are you a homeowner who is facing foreclosure? Even if you aren’t facing foreclosure yet, are you suffering from financial difficulties that may result in it? If so, now is the time to familiarize yourself with the process. Foreclosure can be scary for homeowners, but you can protect yourself by knowing what will happen, what you can do, and what your rights are.Mortgage lenders, which are often    .. more …

New York State Foreclosure | Sales Of Foreclosed Homes In Tri-State, Ohio Drop

Strategic homebuyers and investors could expect price markdowns again when they buy foreclosed homes in the Tri-State area and in the state of Ohio. That is because there were fewer foreclosed homes that were actually sold in such areas during the period, according to third-quarter figures recently released by a realty tracking firm. Up to 1,094 foreclosures in Tri-State (comprising of    .. more …

New York State Foreclosure | Renters Are The Next Victims Of Foreclosures

The newest victims of property foreclosures are not someone with a mortgage in default, but the renter who lives in a multi unit building. Many renters are finding that the owners of their buildings are going into foreclosure and they will soon find themselves in jeopardy of losing their housing. Large investment firms that believed the real estate boom was an endless gravy train now find    .. more …