Archive for 'Foreclosure homes'
Local Government Gives Hope to Constituents Facing Home Foreclosure
17 November 2008For quite a few Lansing City residents, it is either the devil or the deep blue sea. The economic crisis has affected wage earners, putting them in danger of eviction. Even those who can pay the rent face a similar crisis as landlords are losing properties to foreclosure.
California’s Schwarzenegger Proposes a 90-Day Suspension of Foreclosures
12 November 2008Schwarzenegger has presented his foreclosure moratorium proposal to legislators in the first week of November, including his proposals to increase taxes and reduce expenditures in order to reduce the state’s budget deficit of $11 billion.
Foreclosure Buyers’ Don’ts
28 July 2008Buying a foreclosure home for the first time requires careful consideration of all the possible things that could go wrong. Obviously, you will have to gain a little knowledge about the entire foreclosure process and market conditions as well as get pre-approved for a mortgage loan even before your foreclosure search begins.
Renters Haunted by Foreclosure Stigma
8 July 2008Losing your home to foreclosure is surely something that can considered as traumatic. But if you think that things can not get worse, you might actually find yourself having some trouble looking for an apartment because of your foreclosure record.
Home Builders Competing with Foreclosures
1 July 2008It seems that the problem in the mortgage industry has claimed another victim. This time around, it is the home builders. It is not enough that they are trying to sell these newly-built homes in a sluggish market but to makes matter worse; they are now competing with foreclosure properties – some of which were their own creation.
Key to Fast Sale: Paint
30 June 2008In today’s tough market, selling a home particularly one in the pre-foreclosure stage can be very challenging. Considering the millions of foreclosure homes for sale, sellers should find a way to make their homes stand out in the market.
Selling Foreclosed Homes
24 June 2008To date, there are over a million homes in some stage of foreclosure and 700,000 foreclosed properties up for sale. The large inventory of repossessed homes has certainly dampened the moods of some brokers. Some have even decided to quit the business altogether but there are other brokers who recognized the hidden opportunities offered by these foreclosed properties.
Foreclosure Backlog: Florida’s Biggest Concern
23 June 2008Ever since the subprime mess erupted, Florida has been on top of the list of states with the highest foreclosure rate. Last month, the state had the second most number of foreclosure filings in the nation.
Interested in Foreclosure Homes? Go on a Tour!
18 June 2008In San Francisco, the ever-growing number of foreclosure properties has become too much to handle. Real estate agents needed to become more efficient when it comes to showing homes in order to take advantage of the opportunities that these bargain homes offer. Thus, the birth of foreclosure tours.
Are Foreclosure Homes Worth Renovating?
5 June 2008When the subprime mess exploded, there were many casualties including homeowners, brokers and mortgage lenders. But it can not be denied that for some people, this foreclosure crisis has turned out to be a wonderful investment opportunity.
