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Buyers don’t want seized homes

Buyers don’t want seized homes

A new real estate survey shows that consumers are less willing to buy foreclosures, which could prove problematic in 2009, when a new wave of home foreclosures is expected.
The survey from real estate search firms Trulia and RealtyTrac Inc. noted:
Three in 10 adults expect at least a 50 percent discount when buying a foreclosed property.
Seven [...]

December 19 2008 | Posted in HUD Homes | Read More »

Home foreclosures, mortgage fraud on rise in New York – Press & Sun-Bulletin

Home foreclosures, mortgage fraud on rise in New York – Press & Sun-Bulletin

Home Bank REO Bank Foreclosure – REOs, mortgage fraud on rise in New York
Press & Sun-Bulletin, NY - 11 hours ago
Mortgage brokers and real estate appraisers should be required to be licensed in the state. — The state Banking Department and the Department of State …
Subprime fraud rampant in New York – report CNN
all 28 news articles

Home [...]

July 31 2008 | Posted in Foreclosure, Foreclosure Assistance | Read More »

Pittsburgh home foreclosures up 66 percent in June – Bizjournals.com

Pittsburgh home foreclosures up 66 percent in June – Bizjournals.com

Pittsburgh home foreclosures up 66 percent in June – Bizjournals.com,

Pittsburgh home foreclosures up 66 percent in June
Bizjournals.com, NC - 1 hour ago
The Pittsburgh area was hit by a 66.5 percent increase in home foreclosures in June, although the region continues to rank well behind most major metros. …
(Bank Foreclosure – REOs,HUD US Department of Housing and [...]

July 29 2008 | Posted in Foreclosure Homes | Read More »