Posts Tagged ‘Fates’

New Jersey (Home foreclosures) AG Files Lawsuit against 37 for Foreclosure Fraud

Thursday, November 6th, 2008

, which left millions of Americans homeless or on the verge of being one, was always considered to be the result of predatory lending practices. When the mess in the mortgage industry revealed this to be true, many of those who engaged in such aggressive practices are now battling lawsuits. foreclosure

In a few weeks, the very controversial US presidential election will finally be held. One of the controversies surrounding the election is the alleged plan of the Michigan GOP to challenge the residency of voters by referring to foreclosure listings. foreclosure

For most homeowners, losing your home to foreclosure is perhaps one of the worst fates imaginable. It is hard to put blame on anyone else when you know that you could have done something to avoid and even stop it. foreclosure

When Foreclosure Knocks on Your (Short sale foreclosure) Door

Monday, November 3rd, 2008

is perhaps one of the worst fates imaginable. It is hard to put blame on anyone else when you know that you could have done something to avoid and even stop it. short sale foreclosure

The prognosis for the U.S. economy is not too rosy these days, so it comes as no surprise that some people are taking matters into their own hands and literally going to the extreme when faced with a foreclosure scenario….(read more) short sale foreclosure

Three prominent California economists painted a rocky road ahead for the California housing market. Speaking at the California Association of Realtors convention in Long Beach, Calif., Nancy Dayton Sidhu, Stuart Gabriel and Richard K. Green said the nation and California are in a recession that could last until the end of 2009.

We have a very severe credit crunch going on, said Sidhu, vice president and senior economist at the Kyser Center for Economic Research. About 85 percent of banks have tightened their lending standards. This is an issue. That s where the problems are in the economy.

Sidhu forecasted that the recession would last through 2009, followed by a moderate recovery thereafter and economic expansion by 2010 or 2011.

Gabriel, a professor of finance and director of the Richard S. Ziman Center for Real Estate at UCLA, predicted that we re not going to have a Great Depression, but we are going to have a recession. The labor market will contract, causing consumer spending to contract.

Gabriel predicted that California will be the first to emerge from the economic downturn. California will see the up turn in housing before any other state, Gabriel said.

The federal government s rescue efforts could ease the financial markets, making it easier for borrowers to find loans, according to Richard K. Green, director of the Lusk Center for Real Estate Development at the University of Southern California.

Banks don t trust each other right now, said Green. They just don t know what s on their balance sheets. But I m still very bullish on California. I m far more optimistic this week than last week.

Will the housing sector lead the nation and California out of the recession? What are your thoughts?

short sale foreclosure

When Foreclosure (Foreclosed homes) Knocks on Your Door

Sunday, November 2nd, 2008

is perhaps one of the worst fates imaginable. It is hard to put blame on anyone else when you know that you could have done something to avoid and even stop it. how to buy foreclosures

In a few weeks, the very controversial US presidential election will finally be held. One of the controversies surrounding the election is the alleged plan of the Michigan GOP to challenge the residency of voters by referring to foreclosure listings. how to buy foreclosures

An Overview on Buying Foreclosures (Reo properties) in Charlotte

Sunday, November 2nd, 2008

Charlotte is amongst the only places in the nation that is reporting an increase in residential property rates. According to a recently released report, prices of homes in Charlotte over a two year period (from July, 2006 to July, 2008) have gone up by 1.5 percent. Since … foreclosure listings

For most homeowners, losing your home to foreclosure is perhaps one of the worst fates imaginable. It is hard to put blame on anyone else when you know that you could have done something to avoid and even stop it. foreclosure listings

When Foreclosure Knocks on Your Door (Pre foreclosure)

Friday, October 31st, 2008

is perhaps one of the worst fates imaginable. It is hard to put blame on anyone else when you know that you could have done something to avoid and even stop it.
Source: www.foreclosurelistingsnationwide.com

Mortgage Applications Drop
According to the Mortgage Banker’s Association, their mortgage applications index has plunged by 23 percent, from 591.4 to 455.4 during the week that ended September 26.
Source: www.foreclosurelistingsnationwide.com

Facts about Foreclosure Auctions
Most home buyers who have turned their attention to foreclosure homes have realized that in addition to getting leads from foreclosure listings, there are also the foreclosure auctions. But before you get too excited and sign up for the next one, you must know some important facts about these foreclosure auctions.
Source: www.foreclosurelistingsnationwide.com