February 24, 2010 by admin ·
11.3 million homes underwater
According to DSNews.com a new study released by First American CoreLogic Tuesday, more than 11.3 million residential properties were in negative equity at the end of 2009. That equates to 24 percent of all homes in the United States with mortgages, up from 23 percent, or 10.7 million homes, at the end [...]
Filed under Short Sale News · Tagged with 6 Million, California 2, Chief Economist, Dominant Issue, Drag On, Economic Growth, Equity Loans, Equity Share, First American Corelogic, Foreclosures, Housing Market, Mark Fleming, Mortgage Markets, Mortgage Properties, Mortgages, Negative Equity, Numerical Terms, real estate short sale, Residential Mortgage, Residential Properties, Short Sale, Short Sale News, United Mortgage
January 4, 2010 by admin ·
Luxury Short Sales
Searching for a sophisticated short sale sure to be the envy of friends and family? Try out these hot spots for luxury short sales to find bargain basement prices on some of the most select properties in the nation.
Make a Move to Malibu – Condo’s for a quarter million and entry level homes [...]
Filed under Short Sale News · Tagged with Aspen Colorado, Atherton Calif, Bank 1, Bargain Basement Prices, Breaking The Bank, Case In Point, Coral Gables, Duarte, Hot Spots, Los Altos Hills, luxury short sale, Malibu, Miami Dade County, Price Decline, Quiet Luxury, Rancho Santa Fe, real estate short sale, S Market, Select Properties, Short Sale, Warm Weather, Zuma, Zuma Beach
January 2, 2010 by admin ·
Just when you thought things were turning the corner…
looks like we could be in for a double dip recession.
Here’s why:
#1 While the subprime crisis may be showing signs of stabilizing, the ARM crisis is just beginning to rear its ugly head.
According to one business journalist:
“The big wave of Option ARM resets has yet to [...]
Filed under Short Sale News · Tagged with Bankruptcy, Business Journalist, Cash Flows, Coffers, Collapse, Commercial Real Estate, Double Dip Recession, Feeling The Pinch, Foreclosures, Getting A Loan, Loan Modification, Mail, Malls, Principal Reduction, Refinancing, Residential Mortgages, Subprime Crisis, Trillions, Ugly Head, Unemployment
November 25, 2009 by admin ·
Curious what people are waiting for? Every short sale investor should be because the same excuses are those you are likely to encounter on a daily basis. Oddly enough, some tend to remain the same over time while others change according to the economic climate. Here are the top reasons for waiting to sell or [...]
Filed under Short Sale News · Tagged with Buyer Credit, Buyers And Sellers, Credit Restrictions, Daily Basis, Economic Climate, Federal Government, First Time Buyer, Foreclosure, Fresh Start, Government Incentives, Head Games, Investor, Little Hope, Mortgage, New Year, Period Of Time, Real Estate Market, Short Period, Tax Breaks, Weather
November 13, 2009 by admin ·
It’s that time of the week again so we thought it would be a good idea to end on a positive note while still putting a smile on your face. By now nearly everyone has heard of short sales but for every true to life investor generating credible wealth there are seven short sale shysters [...]
Filed under Short Sale News · Tagged with Broker Agent, Caution, Contingencies, Ducks In A Row, Ebay, Finance, Fly, Headache, Household Name, Investor, Investors, Lenders, Names, Oyster, Price Variations, Relatives, Smile On Your Face, Target Audience, Top Ways, True To Life