The Experts You Can Trust
Ten percent of the total 4.82 million existing homes sold in August this year were short sales, this according to the latest National Association of Realtors (NAR) report. According to NAR, short sales sold for an average discount of 13% in August 2012. The nationwide median price of existing homes including single-family homes, condominiums, townhomes …
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 »
Many struggling families are keen to avoid foreclosure, but they don’t qualify for HAFA guidelines. For most real estate agents, distressed real estate is an untread area, but there are a few agents who have chosen to become experts in the specialty. By versing themselves in the potential tools that might be available to their …
U.S. mortgage servicers and lenders are notifying more delinquent homeowners that they are facing foreclosure, this according to RealtyTrac’s Midyear 2012 Foreclosure Market Report. RealtyTrac reported that foreclosure process has been started in the second quarter of this year in 311,010 U.S. housing units. According to RealtyTrac, this is a 9% rise from the preceding …
New Foreclosures Rise to 9% in 2nd Quarter of 2012 – RealtyTrac Reports Read More »
Home sales that were in some stage of foreclosure or bank owned accounted for 26% of all U.S. home sales during the first three months of 2012, this according to the latest U.S. foreclosure sales report of RealtyTrac. This first quarter of 2012 distressed properties sales data is up from 22% in the preceding quarter …
Foreclosures Comprise 26% of U.S. Residential Sales in 1st Quarter of 2012 Read More »