By the Numbers: Short Sale, REO, and HAMP transactions in 2012
Short Sales, Loan Mods & Foreclosure Stats lend insight for 2012 & 2013 Year of the Short Sale Many experts are calling 2012 the “year of the short sale,” mostly due to the fact that the...
View ArticleUpside Down Mortgage Leads Homeowners to Abandon Properties
When leaving becomes easier than dealing with upside down mortgage Facing foreclosure is already stressful, and if you’re living in the property, it can seem downright claustrophobic. But, those owners...
View ArticleInventory Shortages Good News for those who need to Short Sale
Short Sale not the only option for Homeowners now that prices are up and inventory is down After the real estate bubble burst, the median home price came down by 27.6 percent in between 2006 and...
View ArticleThousands default again as HAMP program limps along
The Home Affordable Modification Program (HAMP) was launched in the year 2009 to help house owners facing immediate foreclosure. More than 1.2 million house owners received help under the scheme....
View ArticleLenders on the Hunt: Pursue Those Who Did a Strategic Default?
The increase in number of those who chose to do a strategic defaulter has made collection an expensive and ineffective process. The economic downturn in 2008 was the trigger for real estate bubble,...
View ArticleForeclosure Clouds Might Shower Without Congress Help
The foreclosure market has been declining at a healthy rate over the past few years, but we might witness a rebound without proper Congressional support. Congress authorized a tax exemption bill...
View ArticleArizona Short Sale Realtor Still Helping Those in Distress
Arizona Short Sale Realtor discusses trends, profession Local Real Estate Agent Shevon Quijano is a newly licensed agent finding her way in the world, or the Phoenix Real Estate market. With that,...
View ArticlePhoenix Foreclosures Still High Despite Rebound?
Phoenix foreclosures still high according to national standards Although the foreclosure crisis in Phoenix may seem a thing of the past, the foreclosure rate can’t be completely forgotten. New...
View ArticleHomeowners Left Floating Along as Real Estate Market Stalls
Real Estate Market recovery felt by some, not by all Although the bottoming out of the real estate market may be fading into the distant past, there is still a population of homeowners left drowning,...
View ArticleIs Another Housing Crisis Brewing?
Price wars mimicking actions that lead to disaster for borrowers Spring could be blossoming more than just an improved housing market. It could be softening the provisions that have kept loose credit...
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