In this economy, saying "We're not out of the woods yet" is getting old. But it is true, yet again, when it comes to home foreclosures.
In one sense, the news has been better lately. Read More
Sales of existing homes increased for the fourth straight month in May and signs of a price bottom are starting to appear, Las Vegas housing analyst Dennis Smith said Wednesday. Read More
While President Obama, Congress, and the American people debate financial regulatory reform, foreclosures continue to mount as embattled housing markets bump along the bottom.
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wave of foreclosures is expected to hit Las Vegas as banks lift a voluntary moratorium that was extended from March to the end of May, though nobody has an accurate estimate of how many bank-owned homes will be added to an already bulging inventory. Read More
Foreclosures in California are at near-record levels, and recent declines in both property values and employment mean that more homeowners will land in foreclosure this year. Read More
News headlines scream almost daily about soaring foreclosures, that more than 1 million homes were lost to foreclosure in 2008 and the number is expected to top 1.2 million this year. Read More
The nation’s banks need cash and their bulging portfolios of “hidden” foreclosures are one ticket to help them get it, if they price it right, says a foreclosure expert. Read More
The current market conditions make it a great time for investors to purchase a foreclosed property for private residence, rental or flip. Buyers can save anywhere between 10% and 40% off the market value, but some homes need repair. Read More
Rick Worth keeps a manicured yard at his home in the Palm Hills community near Horizon Ridge Parkway in Henderson, much nicer than the foreclosures on his block.
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Rock-bottom prices and historically low interest rates are providing opportunities for investors eager to jump into Silicon Valley’s housing market. Read More
NEW YORK, April 15 (Reuters) - Bond dealers more than quadrupled restructurings of risky mortgage securities in March in an attempt to "bulletproof" the debt from downgrades and credit losses, according to Amherst Securities Group. Read More
Completed U.S. foreclosures jumped 44% in March to another record high, according to foreclosure-listing service ForeclosureS.com.
The surge to 175,199 comes just two months after the firm said foreclosures fell sharply in January, Read More
My wife and I and our two young children live in a 3 bedroom, 2 full/2 half bath Colonial in Sea Cliff, Long Island. We bought the home, which is fairly small, four years ago for $548,000 and have a 30 year mortgage at 5.625%. Read More
Lenders opened the floodgates by lifting a moratorium on foreclosures in March, resulting in a record number both in Clark County and nationally, a foreclosure expert said today. Read More
As expected, foreclosure activity took a big jump in March after a moratorium on on actions by lenders using Fannie Mae and Freddie Mac loans was lifted. Read More
Mike Reilly spent his lifetime chasing the California dream. This year he's going to look for it in Colorado.
With a house purchase near Denver in the works, the 38-year-old engineering contractor plans to move his family 1,200 miles away from his home state's lemon groves, sunshine and beaches. Read More
Sales of existing homes surged nearly 88% in Fresno County last month and could climb even more in March as homebuyers capitalize on bargain-basement prices and take advantage of new tax incentives. Read More
February foreclosure filings dropped slightly in Brevard County compared with the previous month but remained at uncomfortably high levels. It was the third consecutive month with filings topping the 800 mark. Read More
The number of foreclosures completed in February grew 67 percent during the prior month, according to a report from Foreclosures.com, hitting a new monthly high. The company said 121,756 foreclosures were completed nationwide in February, up from 72,694 in Read More
RE: Another Update from Mary Kay (read below for prior deal support with Foreclosures.com):
Hi Alexis, Happy Holidays to everyone at Foreclosures.com, a great resource with expert support staff.
I ran into a legal question regarding the purchase of my third property (in just 3 months!) and went to your web site to obtain a referral to an attorney.
I Faxed the synopsis information to James Freeman, Sunday, 12/21. On 12/22, 8:30 am, Freeman and I discussed the issues and noted 3 possible solutions. His knowledge and advice gave me a better understanding of the situation and how to proceed with this note purchase.
Once again, I thank you for offering the Mastering Lab and continuing Support after the Lab. You are all so invaluable.
