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More Home Owners Stay-Put in Foreclosure

More lenders are allowing home owners in default to stay-put in their homes longer--and even negotiating special arrangements with them, such as the lender paying the home insurance if the home owner pays the utility costs, The New York Times reports. 

Why the postponement? Banks don’t want the cost…

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Added by GLOZAL on March 6, 2012 at 11:36am — No Comments

Short Sale Discussion Groups and News!

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Get Involved! We have over 100 Different Groups on…

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Added by Mike Linkenauger on March 5, 2012 at 9:14pm — 1 Comment

Short Sale Cruise Conference! YOU MUST CHECK THIS OUT!!

In this uniquely intimate environment, EVERY agent will have the chance to

get up close and personal with EVERY asset management company!!

We're adding FIVE asset managers to the conference!…

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Added by Mike Linkenauger on March 5, 2012 at 2:07pm — 1 Comment

Homebuyers Can Use FHA Loans to Purchase Property from Investors

Homebuyers Can Use a FHA Loan to Purchase Property from an Investor…

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Added by Michael Collins, SFR on March 5, 2012 at 1:08pm — No Comments

Short Sale Homes in Madison Wisconsin

WI Market Update

Here is today's market listings update for Active short sale single…

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Added by Michael Collins, SFR on March 5, 2012 at 12:55pm — No Comments

100% Financing for Low Income Property

Great news! We are able to mitigate 100% financing for Low Income Properties. Particular interest in the Florida areas. Call me now at 912-695-0410.

 

Debbie Landy

Independent Consultant

Kingdom Buillders Financial

 

Added by Deborah Landy on March 5, 2012 at 12:30pm — No Comments

Entire Town for Sale in Montana for $1.4M

If a home isn’t enough for your buyer, how about an entire town? 

A small village known as Pray, Mont., is for sale, which means one buyer could own his or her very own town for $1.4 million. The small village, founded in 1907, is about 30 miles north of Yellowstone National Park and boasts a population…

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Added by GLOZAL on March 5, 2012 at 12:20pm — 2 Comments

Cape Coral Short Sales: Why Do So Many Loan Modifications Fail?

Please read the rest of the story;

http://www.CapeCoralShortSales.info

or visit my web site;

http://www.SWFloridaBroker.com

or my real estate site;

http://www.DonnaBishopRealtor.com

thanks for viewing all

Donna

Added by Donna M Bishop on March 5, 2012 at 9:53am — No Comments

NAR: REO Rental Programs Largely Unnecessary

Housing markets are complex and varied, and a government pilot program to turn bank-owned properties into rentals could be disruptive and counterproductive in some markets, according to the National Association of REALTORS®.

NAR urges the Federal Housing Finance Agency (FHFA) to proceed cautiously with its…

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Added by GLOZAL on March 4, 2012 at 1:40pm — 8 Comments

Fannie Needs $4.6 Billion More in Bailout Money

Fannie Mae announced Wednesday that it will ask for an additional $4.6 billion in federal aid after posting a big loss in the fourth quarter and a disagreement with Bank of America, Reuters News reports. 

Fannie Mae said it had a $2.4 billion loss in the fourth quarter, bringing the government-sponsored…

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Added by GLOZAL on March 2, 2012 at 3:14pm — 3 Comments

Short Sales Rise, More Banks View it as a Better Option

 

Banks are more willing to agree to a sale at a lower cost than a home owner’s mortgage balance in order to avoid having the property fall into foreclosure, which can be more costly for a lender. 

In the fourth quarter of 2011, there were more than 88,000 short sales, a rise of 15 percent…

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Added by GLOZAL on March 2, 2012 at 10:51am — No Comments

Short Sale Homes in Janesville Wisconsin

WI Market Update

Here is today's market listings update for Active short sale single…

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Added by Michael Collins, SFR on March 2, 2012 at 10:35am — No Comments

Buffett: 'I'd Buy Up a Couple Hundred Thousand' Homes

Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC's "Squawk Box" recently that he'd "buy up a couple hundred thousand" single-family homes if it was practical. 

Buffett said that's because he believes purchasing a home with ultra-low mortgage rates and holding it for…

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Added by GLOZAL on March 1, 2012 at 10:36am — 7 Comments

A Good Example Of When A Cape Coral Short Sale Would Make Life Easier

Please read the rest of the story;

http://www.CapeCoralShortSales.info

or visit my web site:

http://www.SWFloridaBroker.com

or my real estate video site;

http://www.DonnaBishopRealtor.com

Thanks for viewing all

Added by Donna M Bishop on March 1, 2012 at 10:34am — No Comments

Palos Verdes Homes Report

So how long IS it taking to sell a Palos Verdes home?

Most agents are trained to give you what the “average days on market” are but that really is a misleading statistic.  What you REALLY need to know as a seller is how many days of unsold inventory are there on the…

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Added by George Fotion on February 29, 2012 at 7:36pm — No Comments

FHA UFMIP increase

FHA is raising their UFMIP to 1.75%, a .75% increase from their current

up-front. Any loans that have a case number prior to April 1, 2012 will not

be affected by this. I think it would be wise to use this as a selling tool

for those potential buyers who have gotten comfortable with kicking tires

and taking their time to buy. It can be financed into the…

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Added by Jonathan R Cherry II on February 29, 2012 at 6:31pm — No Comments

7 Things you should ask your Mortgage Broker

Things You Should Ask a Mortgage Broker

Since buying a home is one of the largest financial transactions that most people will undertake, it makes sense to do your homework and find the right loan officer for your mortgage. The following list represents some suggested questions you should ask of any loan officer before signing up for a…

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Added by Michael Collins, SFR on February 29, 2012 at 4:26pm — No Comments

California AG Asks for Halt in Foreclosure Sales

California’s attorney general has requested that the Federal Housing Finance Agency suspend foreclosure sales in the state for home owners with government-backed mortgages. 

Attorney General Kamala D. Harris has requested that home owners with loans backed by Fannie Mae and Freddie Mac get a…

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Added by GLOZAL on February 29, 2012 at 10:40am — 5 Comments

Free Foreclosure Legal Advice

What:            FREE LEGAL HELP!  For homeowners facing foreclosure. Help available in English and in Spanish. …

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Added by Michael Collins, SFR on February 29, 2012 at 9:22am — No Comments

MARG Tapovan - The Luxury Villas In Chennai

Tapovan are the luxury villas in Chennai by MARG ProperTies which is located at Panvanjur, off the scenic ECR. Tapovan are the ultra luxury homes which consist of 120 exquisitely carved villas sprawling over 77 acres of lush greenery.

Tapovan…

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Added by Marg Properties on February 29, 2012 at 12:00am — No Comments

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