REO Properties Archive
Greg Rand (@gsrand
), CEO of OwnAmerica
, the host of Rand on Real Estate on 770 WABC, asks the question "Why didn't the Great Recession happen 10years ago today?" The circumstances were ripe for a major recession. We were already in a minor recession; endured the evaporation ...
RISMEDIA, April 25, 2011—With home prices dropping, minimal interest rates and the cost of rental properties on the rise, now may be the time for renters to seriously consider buying a house, according to HouseSavvy, a premier real estate and relocation organization headquartered in Massachusetts.
RISMEDIA, April 21, 2011—(MCT)—The Federal Reserve recently proposed requiring banks to ensure borrowers can repay their mortgages before they give them a loan. ...
RISMEDIA, April 20, 2011—Enduring the devastating housing crisis is a challenge that is only exacerbated by Congress’s decision to eliminate all funding for the U.S. Department of Housing and Urban Development’s (HUD) Housing Counseling Assistance Program. Representatives from NCLR (National Council of La Raza), the NAACP, the National Coalition for ...
RISMEDIA, April 19, 2011—Everybody wants to be an entrepreneur, but no one wants to be a landlord. What’s up with that? As if tenants are some kind of outcasts who bring a chill to your spine with just the sound of their voice. “I don’t want to hear them complain ...
RISMEDIA, April 19, 2011—(MCT)—Craig and Amy Smith always felt quite confident, even cocky in their abilities to tastefully design the spacious interior of their steel-and-concrete loft in downtown Denver. That was until they decided to sell it and a consultant hired to help them "stage" their home told them to neutralize a dramatic accent wall, put away family photos and place most of their furniture and artwork in storage.
RISMEDIA, April 18, 2011—As the interest in home renovations continues to grow, homeowners are constantly looking for ways to get the job done without depleting their bank account. With numerous steps and details involved in the
RISMEDIA, April 16, 2011—(MCT)—Federal banking regulators have reached agreements with the nation's biggest mortgage lenders to address longstanding complaints that the foreclosure process is unfair to delinquent borrowers trying to stay in their homes.
The settlements with the nation's largest banks are aimed at correcting what consumers and consumer groups say are fundamental flaws in the repossession process.
RISMEDIA, April 15, 2011—A new bill to improve the process for approving short sales may soon bring relief to distressed homeowners who are unable to keep their homes and hope to avoid foreclosure. The bill, recently introduced in the U.S. House and strongly supported by the National
RISMEDIA, April 14, 2011—Numbers don’t lie, and if you look at the most recent monthly housing statistics for the Twin Cities metro, as released in the Monthly Indicators report for February 2011 distributed by the Minneapolis Area Association of REALTORS®, you’ll see
RISMEDIA, March 21, 2011—U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced that 17 communities will be the first recipients of Planning Grant funding through the Department’s new Choice Neighborhoods Initiative. These communities will share a
RISMEDIA, March 19, 2011—(MCT)—Bill Schramm and Bethany Siwicki scoured property listings for three months before agreeing to see a home in Round Lake Beach, even though its online pictures didn't look promising.
"It looked like a piñata blew up in there," Schramm said. Every room was a different color, and the only way to tell the carpet once had been white was looking at the furniture marks.
RISMEDIA, March 19, 2011—(MCT)—More and more houses sit unoccupied these days, left behind by their owners in this still-tough economic climate. In 2010's fourth quarter, the Census Bureau reports 12.1% of all U.S. residences, or 18,394,000 homes, were vacant. Record foreclosures
RISMEDIA, March 18, 2011—(MCT)—Renovating? You could just rip up the old room and sweep everything into the trash bin. But a growing number of homeowners, architects and builders are trying to reuse or recycle construction materials whenever possible—for reasons both
RISMEDIA, March 17, 2011—(MCT)—So you're a renter and you want to green your space, but your landlord won't splurge on solar panels. Don't fret. There are plenty of low-cost ways for apartment dwellers to be eco-friendly.