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 [...]
San Clemente Bank Owned Homes Real Estate report.
by Vincent Bindi on January 19, 2012
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 [...]
San Juan Capistrano Bank Foreclosure Real Estate report.
by Vincent Bindi on January 12, 2012
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 [...]
Mission Viejo Bank Foreclosure Condominiums market report.
by Vincent Bindi on January 5, 2012
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 [...]
Lake Forest Bank Foreclosure Condominiums market report.
by Vincent Bindi on January 4, 2012
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 [...]
Rancho Santa Margarita Bank Foreclosure Condominiums market report.
by Vincent Bindi on December 31, 2011
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 [...]
Attention U.S. Government: It is Time to Act
by John E. Miller on December 2, 2011
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 [...]
Assessing the Strength of the Residential Mortgage Market
by John E. Miller on December 2, 2011
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 [...]
Banks Demolish Unwanted Properties
by John E. Miller on October 13, 2011
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 [...]
Want to Make Nice Yields? Turn to Real Estate Trusts
by John E. Miller on October 11, 2011
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 [...]
The Hispanic Community & Real Estate Recovery
by John E. Miller on September 7, 2011
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 [...]
Want a Great Deal on a Home? Look to Freddie and Fannie Foreclosures
by John E. Miller on August 17, 2011
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 [...]
Phoenix Home Buyer Foundation Program
by David Krushinsky on August 16, 2011
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 [...]
Why Now is the Perfect Time to Invest in Foreclosures
by John E. Miller on July 29, 2011
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 [...]
6 Tips On How REO Agents Can Avoid Legal Trouble With Foreclosure Properties
by Lauren Roberts on June 8, 2011
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 [...]
Been There, Done That: Tips for Short Sale & Foreclosure Buyers
by John Sabia on June 8, 2011
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 [...]
The Boondoggle that is HAMP – thanks for the help DC
by Hank Miller on April 4, 2011
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.
Atlanta and Other Cities Targeted by Sovereign Citizens – more nuts to mix
by Hank Miller on April 4, 2011
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.
When Can I Buy A Home After A Short Sale-Foreclosure-Bankruptcy?
by Mark Estermyer on March 17, 2011
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. [...]
Foreclosures Before the Clean Up
by Hank Miller on February 21, 2011
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.
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