March 12, 2008

Even Michael Jackson is Singing the “Foreclosure Blues” - DSNews.com

Even Michael Jackson is Singing the “Foreclosure Blues” - DSNews.com Posted by: in Foreclosure Even Michael Jackson is Singing the “Foreclosure Blues” DSNews.com, TX - 46 minutes ago Pop singing sensation Michael Jackson, despite his financial successes, is not immune to the foreclosure blues, according to a report released byRealtyTrac … Original Post By Google News Click Here For The Entire Article Buy and Sell Real Estate Without Paying a Broker! No Comments » more…

As Foreclosure Numbers Increase Nationwide Distressed Homeowners Face Decreasing Remedies. March 12th, 2008 Loading… There’s no imminent end to the foreclosure crisis gripping our country. Until lenders and homeowners get on the same page turning things around wil be a long and difficult task. The numbers are impressive and also oppressive at the same time. Over 600,000 foreclosures were reported between January and July of this year and there are no signs of the trend slowing up. Since t more…

A Short Sale May Go Smoother With An Investor In The Mix March 12th, 2008 Loading… A Short Sale May Go Smoother With An Investor In The Mix With the ever-increasing number of homes going into foreclosure some lenders are more then willing to enter into short sale negotiations. The fortunate homeowner already having an investor in the wings ready to buy the home will find they have greatly improved their chances of getting the lender to agree to new terms. A newspa more…

W. Va. Bill May Help Avoid Foreclosures Forbes, NY - Feb 28, 2008 By LARRY O'DELL 02.28.08, 10:35 AM ET Homeowners delinquent on their high-interest mortgage payments would get more time to avoid foreclosure under … Share This more…

The Mortgage Bankers Association has recently made the statement that as foreclosures hit record highs at the end of last year, many borrowers that had adjustable rate loan left their properties before their mortgage payments increased. Foreclosures rose to .83 percent, up from the previous .54 percent. Also, the number of late payments hit a twenty-three year high. Experts stated that people are giving up and leaving their homes even before the current interest rate is being reset because in more…

According to Default Research, which is one of the chief sources of real estate and foreclosure information based in the Phoenix-Tuscon area, the rate of foreclosure has made a jump of 147 percent in the counties of Maricopa and Pima in January 2008. Default Research reports that 1.53 percent of the homeowners in the area were facing foreclosure. The cities hardest hit were Phoenix, Glendale and Mesa. In the last six months home inventories have climbed up by almost five percent and there has more…

Washington State House bill 2791 — Concerning distressed property conveyances March 12, 2008 – 11:23 am Recently the Washington State Senate passed bill 2791, setting down rules for real estate investors involved with producing and leasing back properties that are facing foreclosure. This bill was written to address the issue of unscrupulous investors approaching people whose homes were near or about to be foreclosed on an offering to save their property for. The deal is usually that the hom more…

Buying Foreclosures At A Public Foreclosure Sale Auction Buying foreclosures at the auction is a great way to purchase a property under market value. Most properties are auctioned at the property add… more…

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