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According to Trulia’s Price Monitor, asking prices of homes in August this year increased by 2.3% compared to the previous year. This was the biggest year-over-year increase since the U.S. recession, Trulia reported. Not including foreclosures, Trulia reported that asking prices increased nationwide by 3.8% compared to the previous year.
According to RealtyTrac, foreclosure-related sales accounted for 23% of all U.S. residential sales during the second quarter of this year. RealtyTrac, which monitors foreclosed properties, reported that the foreclosure-related sales in the second quarter of 2012 climbed up from the 22% in the first quarter of this year and up by 19% from the same …
One in Four U.S. Home Sales in 2Q 2012 are Foreclosure-Related Sales Read More »
If you suffered financial injury as a result of misrepresentations, errors, or other deficiencies in the foreclosure process between 2009 and 2010, then you may be eligible for compensation or other remedy from your mortgage servicer. Last April 13, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the …
Faced Foreclosure in 2009 or 2010? You may be Eligible for Compensation Read More »
Many people are enticed to buy foreclosed homes due to their fantastic pricing. According to the National Association of Realtors, as of June this year, foreclosed homes were sold for an average discount of 18% below market value. While it is certainly an opportunity to buy a foreclosed home due to its fantastic pricing, there …
The prospect of losing a home is terrifying, but it’s something a significant amount of home owners are faced with in the current day. The enormous strain our economy has placed on property owners has left an alarming percentage of honest, hard-working people with an acute struggle to maintain their mortgage payments. In the …
How HAFA Can Help You Avoid Foreclosure and Receive Relocation Assistance Read More »