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A few years ago, the government provided to assist first time homebuyers acquire a new home and to also stimulate the declining housing market. Now, the problem is more serious, with thousands of homeowners more worried about keeping their homes than finding financial assistance to purchase houses. The problem is prevalent in almost all regions [...]
Those watching the domestic real estate markets for signs of any relief in the foreclosure market may have the beginnings of good news from the West Coast. According to recent reports, foreclosure starts – initial filings from lenders to jumpstart the foreclosure process against delinquent homeowners – declined in four out of five states being [...]
Foreclosures are everywhere – the national rate is one home foreclosure out of every 563 units as of October, 2011, and is set to only grow as the year ends and the next year begins. Many opportunities are present with each foreclosure for investors and homebuyers who are all looking for terrific discounts, but these [...]
Bank officials have managed to skirt prosecution from government officials, despite obvious robo-signing, falsifying documents and other unlawful practices that have thrust homeowners into foreclosure, short sales and strategic default. Our hope that even though prosecutors traditionally haven’t put much pressure on bank officials, perhaps industry officials will use the court system to hold the [...]
Traditional homebuyers and investors who are into and other types of residential properties will retain their advantage for the rest of 2011, according to majority of housing industry analysts. They argued that the residential property sector will remain a buyer’s market for the rest of the current period. The number of might not have risen [...]