Tag Archives: foreclosure

Huntington Beach Bank Owned Condos Market Update.

This report is for standard sales and bank owned foreclosure Condominiums in Huntington Beach , and is brought to you by the Broker at eVantage Real Estate. Currently, there are a total of 190 condo units currently listed for sale in Huntington Beach . The median price for these listed condominiums is $319,000 and the [...]

Read full story Comments { 0 }

San Clemente Bank Owned Homes Real Estate report.

This report is for standard sales and bank owned foreclosure properties in San Clemente , and is brought to you by the Broker at eVantage Real Estate. Currently, there are a total of 198 detached homes listed for sale in San Clemente , California. The median price of these active homes for sale is $797,000 [...]

Read full story Comments { 0 }

San Juan Capistrano Bank Foreclosure Real Estate report.

This article was written by the Distressed Property team at eVantage Real Estate, who specialize in short sale and bank owned homes here in San Juan Capistrano . This article will report the statistics for Active for Sale and Sold standard listing properties, as compared to Bank Owned foreclosure properties. Currently, there are 80 detached [...]

Read full story Comments { 0 }

Mission Viejo Bank Foreclosure Condominiums market report.

This article was written by the Distressed Property team at eVantage Real Estate, who specialize in short sale and bank owned properties here in Mission Viejo . This article will report the Condo statistics for Active for Sale and Sold standard listings, as compared to Bank Owned foreclosures. Currently, there are 81 condominiums listed for [...]

Read full story Comments { 0 }

Lake Forest Bank Foreclosure Condominiums market report.

This article was written by the Distressed Property team at eVantage Real Estate, who specialize in short sale and bank owned properties here in Lake Forest . This article will report the Condo statistics for Active for Sale and Sold standard listings, as compared to Bank Owned foreclosures. Currently, there are 72 condominiums listed for [...]

Read full story Comments { 0 }

Rancho Santa Margarita Bank Foreclosure Condominiums market report.

This article was written by the Distressed Property team at eVantage Real Estate, who specialize in short sale and bank owned properties here in Rancho Santa Margarita . This article will report the Condo statistics for Active for Sale and Sold standard listings, as compared to Bank Owned foreclosures. Currently, there are 77 condominiums listed [...]

Read full story Comments { 0 }
washington-dc-white-house-s

Attention U.S. Government: It is Time to Act

The current economic situation within our country and the prolonged foreclosure crisis is becoming entirely too much for many people to handle. Recently, information was released that indicated that the Feds provided banks with $7.7 trillion in bailout money that was kept secret from American taxpayers. This information has made struggling homeowners and those who [...]

Read full story Comments { 1 }

Assessing the Strength of the Residential Mortgage Market

The residential mortgage market has been reeling lately, suffering blow after blow over the past five years as a product of one of the largest real estate bubbles in American history popping dramatically in 2006-2007. Now, as 2012 approaches, many players in the real estate industry are gauging the strength of the residential mortgage market [...]

Read full story Comments { 0 }
Bulldozer-2

Banks Demolish Unwanted Properties

What do banks do when they have an incredibly high number of foreclosure properties on their inventory that they are responsible for but at the same time are unable to find buyers for these bank foreclosures? Well, the banks demolish the properties. Although this may seem a bit extreme, let’s look at it from another [...]

Read full story Comments { 0 }
Real-Estate-Investment-Trust-REIT

Want to Make Nice Yields? Turn to Real Estate Trusts

Any prospective investor who has even so much as glanced at the stock market over the past few days/weeks/years knows that putting hard-earned money into stocks is an extremely dicey proposition for all but the most seasoned, battle-tested, and well-funded professional investors. Unless you know where to look, that is. The days of ridiculous, overnight [...]

Read full story Comments { 0 }
istock_recession_recovery

The Hispanic Community & Real Estate Recovery

Over the last few decades, especially before the end of 2006, many people invested in real estate properties and made a fortune by either flipping the properties are renting them out. Over the last few years the real estate market has had a lasting effect on many investors leaving them weary and hesitant to purchase [...]

Read full story Comments { 0 }
Fannie Mae & Freddie Mac

Want a Great Deal on a Home? Look to Freddie and Fannie Foreclosures

It is not news that lenders are feeling the stress of the high foreclosure market. Many homes are becoming abandoned and therefore lenders are attempting to sell their foreclosure properties as soon as possible to decrease their liability. Bank of America has even taken to demolishing houses to help prevent the possibility of abandoned homes [...]

Read full story Comments { 5 }
Perseverance

Phoenix Home Buyer Foundation Program

PHOENIX HOME BUYER FOUNDATION PROGRAM Helping families rebuild the foundation after suffering from a foreclosure or short sale. What is Phoenix Home Buyer Foundation Program? Phoenix Home Buyer Foundation Program was founded on the idea to assist people in purchasing a home again and help stabilize home prices in the Phoenix community at the same [...]

Read full story Comments { 0 }
realestateinvesting2-300x225

Why Now is the Perfect Time to Invest in Foreclosures

As any real estate professional knows, today’s market is a buyer’s market. Low home prices, dirt-cheap interest rates, and an overflowing supply of homes give buyers the upper hand in the market. But with seemingly every incentive to purchase known to man available now, all at the same time, qualified buyers are still wary of [...]

Read full story Comments { 1 }

6 Tips On How REO Agents Can Avoid Legal Trouble With Foreclosure Properties

Experts are predicting that real estate foreclosures will continue to rise through 2012. Unfortunately, with that rise comes an increase in foreclosure fraud and the potential for REO agents to find themselves in the middle of damaging litigation. To avoid legal trouble when working with multiple foreclosure properties, here are some valuable tips on how to [...]

Read full story Comments { 0 }

Been There, Done That: Tips for Short Sale & Foreclosure Buyers

Despite what the name suggests, the process of buying short sale properties is anything but short.  In contrast, the process can be long, averaging from three to six months or more. However, buying a home in short sale; when a property is sold for less than the outstanding mortgage(s) can sometimes mean big savings for [...]

Read full story Comments { 0 }
hamp

The Boondoggle that is HAMP – thanks for the help DC

The beat goes on….all of the “special committees”, the federal involvement in FNMA, the “investigations” and “inquiries” into fraud and time bomb loans… and the hundreds of millions of dollars (or billions by now)….and what to show for it? Abysmal performance of Home Affordable Modification Program (HAMP) and a combative stance that essentially mandates struggling owners to destroy their credit before a lender will speak to them.

Read full story Comments { 0 }
800px-WhiteHouseSouthFacade

Atlanta and Other Cities Targeted by Sovereign Citizens – more nuts to mix

Atlanta and many other metro areas are struggling with vacant foreclosed and bank owned homes. Vandalism is not uncommon, break-ins and squatters are seen on a fairly regular basis. Now Atlanta is becoming a playground for “sovereign citizens” – and they are being charged with stealing millions of dollars of property.

Read full story Comments { 0 }
When Can I Buy A Home After A Short Sale-Foreclosure-Bankruptcy?

When Can I Buy A Home After A Short Sale-Foreclosure-Bankruptcy?

Purchasing a home for Inland Empire residents after a bankruptcy, foreclosure or short sale can be a very frustrating.  Most people do not even know how long one must wait before entering the housing market.  Documentation is the key to avoiding a frustrating experience for the first time home buyer or even the season home owner.  [...]

Read full story Comments { 1 }
house rat

Foreclosures Before the Clean Up

Many buyers are convinced that foreclosures are the way to go – lenders are willing to drastically cut prices just to move inventory. Buyers however, often lack a clear understanding of the process and what “as is” really means. Being an appraiser specializing in distressed homes gets me inside right after lenders take them back, and what I see never fails to amaze me. I’m also amazed at how little buyers really understand about the hazards of foreclosure properties.

Read full story Comments { 0 }