REO Properties Archive
RISMEDIA, August, 18, 2010—(MCT)—With sweeping financial reform legislation enacted, the White House and Congress now must focus on fixing the mess created by the failed housing finance giants Fannie Mae and Freddie Mac. It's a complex challenge with high stakes for taxpayers and the struggling real estate market.
RISMEDIA, August 18, 2010—Realogy Corporation, a global provider of real estate and relocation services, announced that its chief executive officer Richard A. Smith traveled to Washington, D.C., today to participate in the Conference on the Future of Housing Finance.
RISMEDIA, August 18, 2010—NAMB applauded the Federal Reserve Board yesterday (FRB) for issuing its final rule changing the way loan originators may receive compensation, as a benefit to consumers, by preventing unfair, abusive, or deceptive lending practices.
RISMEDIA, August 17, 2010—Real estate professionals nationwide are calling 2010 “the year of the short sale,” where homeowners who owe more on their properties than what they are worth sell at deeply discounted prices—with the blessing of their lender.
Here is how to go about successfully buying a short sale:
RISMEDIA, August 17, 2010—More than three years into the housing crisis that helped trigger a worldwide recession, the torrid pace of home foreclosures continues to tear at the core of the American dream.
RISMEDIA, August 16, 2010—When it comes to finding a niche to get in front of real estate buyers and sellers, there are very few to choose from. As we know, most real estate agents currently run print ads in local publications, input listings in their local MLS
RISMEDIA, August 14, 2010—Selling a house isn't easy these days. There are a huge number of homes on the market, and buyers are easily scared off if they encounter problems that may negatively impact resale value. Among the many issues that need to be addressed
RISMEDIA, August 13, 2010—(MCT)—When the air sputtered out of the housing bubble, new home builders struggling to survive went with smaller homes that could appeal to a broader base of buyers. It's a strategy that has worked for builders such as Sam Palazzolo, owner of Palazzolo Brothers in Sterling Heights, Mich.
"I do believe the younger generation isn’t looking to build mansions anymore," Palazzolo said. "They are looking at simpler lives. They aren't looking for the same houses that the baby boomers were."
RISMEDIA, August 12, 2010—RealtyTrac, a leading online marketplace for foreclosure properties released its U.S. Foreclosure Market Report for July 2010, which shows that foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported
RISMEDIA, August 11, 2010—As the real estate market continues its bumpy road toward recovery, the vacation home market is heating up, causing homeowners around the country to seriously consider buying the vacation home they’ve been eyeing.
RISMEDIA, August 10, 2010—In an effort to help responsible homeowners who owe more on their mortgage than the value of their property, the U.S. Department of Housing and Urban Development recently provided details on the adjustment to its refinance program, which was announced earlier this year, that will enable lenders to provide additional refinancing options to homeowners who owe more than their home is worth. Starting September 7, 2010, the Federal Housing Administration (FHA) will offer certain “underwater” non-FHA borrowers
RISMEDIA, August 10, 2010—Last week brought to a close another year in my life. I can’t say that I celebrated, but I marked the occasion as I normally do with some reflection on the journey up to this point.
RISMEDIA, August 9, 2010—Home values in the United States continued to decline in the second quarter of 2010, with the Zillow Home Value Index falling 3.2% year-over-year and 0.6% from the first quarter to $182,500. The national rate of decline decelerated
RISMEDIA, August 5, 2010—I was talking with a buddy of mine and fellow real estate professional recently, and he laid some heavy stuff on me. He gave me the exact formula he had used to generate 987 unique visitors to his website generating 40 leads
RISMEDIA, August 4, 2010—Fannie Mae announced the launch of KnowYourOptions.com, a new consumer education website that outlines the choices available to homeowners who are struggling with their mortgage payments and high mortgage rates, and provides guidance on how they can contact and work with their mortgage company to find solutions.