With mortgage rates lower than most people could have ever predicted and more homes being sold on a monthly basis, we could be prepping ourselves for a housing market rebound. Just with any sort of market analysis, you’re going to get the folks who think that everything is fine and dandy, and you’re going to find writers who feel that everything is in a pre-apocalyptic state.
Tag Archives | Foreclosures
CNN Money reports that several lenders have decided to stop foreclosures during the holidays. Even though evictions will stop during this time, the legal and administrative process will still continue.
Quicken Loans Regional Vice President Joel Gurman talks to readers about the long term effects of foreclosure.
Many home buyers are confused about the differences between short sales and foreclosures. We provide some helpful tips for anyone considering these types of properties.
A foreclosure can be a great investment if you know how to buy one. Read our 6 simple tips before you get started.
According to RealtyTrac”s Midyear Report, the US housing market experienced a total of 1,961,894 foreclosures filings so far this year, a potential threat to the market’s “fragile stability.”
Do you live in California, Nevada, Arizona, Michigan or Florida? Good news, President Obama has created a program to help struggling homeowners in these five states. Why were these states chosen? Well, these are the states that have been hit hardest by foreclosures, with properties losing over 20% of their values.
President Barack Obama signed a new mortgage bill into law on Wednesday encouraging lenders to spare homeowners from foreclosure and take action on predatory lending practices.
With the release of President Obama's Making Home Affordable plan, many new loan modification and foreclosure prevention scams have started to surface. So much so that HUD (Department of Housing) issued a press release and sent an e-mail to all HUD partners warning of the potential destruction of these foreclosure scams.