According to foreclosure news in the state of Florida, the number foreclosed homes that are in the market in August 2009 is still at nearly record levels. And while the housing market remained in a state of crisis, home prices continued their downward trend and this was evident in the foreclosure listings. More than 62,000 homes began their journey towards foreclosure in the state of Florida during the month of August. This was the second highest...more
According to foreclosure news in the state of Florida, the number foreclosed homes that are in the market in August 2009 is still at nearly record levels. And as market levels lingered at record lows, the prices for homes continued to fall as indicated in the foreclosure listings. In the month of August, the state of Florida witnessed more than 62,000 foreclosure filings. This was the second highest level for the Sunshine State and represented a...more
Foreclosure news in Florida reveals that the number of foreclosed properties that are up for sale is still at almost record levels in August 2009. And while the housing market remained in a state of crisis, home prices continued their downward trend and this was evident in the foreclosure listings. In the month of August, the state of Florida witnessed more than 62,000 foreclosure filings. This was the second highest level for the Sunshine State and represented a rise of more than 10 percent. For this particular month, scheduled auctions jumped by 13 percent while initial default notices rose by 12 percent, compared to the previous month. Thus, foreclosure news in Florida continued to be positive for real estate investors and other home buyers who are in the market for bargain-priced homes.An effective way to search for those homes that have been foreclosed by government-backed agencies and banks and are in the market at bargain prices when compared to their market values, are foreclosure news and listings. These properties are either government foreclosures or repo homes. These developments may be regarded as negative events for those who are losing their properties but they are...more
There are many stumbling blocks that can happen between deciding that now is the time to buy a home and actually securing a mortgage, finding a home and moving in. You must look at your finances in an impartial way be truthful with yourself. Most people dont even know where they spend money so the first step is to find out where your money goes ...more
Your living arrangements are very important to you no doubt. Everyone needs to have some peace in their home. You need to be generally happy with the area that you live in for one thing. You also need to be in a place that is fully functional. Sometimes it takes a little time to get your house just the way you like it. If you have an older home you...more
How You Can Save Yourself from Foreclosure?If youre facing foreclosure on your home, there is new hope on the horizon. As part of the stimulus program passed by Congress, the Home Affordable Modification program can help you save your home and preserve your credit. Getting the details on this program will help you decide whether or not its for you and give you the information you need to apply for it. Since this bailout program is paid for with tax dollars, you are entitled to apply for it if you qualify. It has been funded by the $75 billion stimulus funds. When a bank receives a request for the Home Affordable Modification program, the bank will be paid by the Treasury Department to modify the loan.The Obama Home Affordable Modification Program makes it easier for banks to offer loan modifications to their customers. A loan modification will change the nature of your home loan so that your payments will equal 31% of your gross monthly income. This new figure, which is called your target payment, will be achieved by changing the interest rate on your loan, extending the life of your loan up to 40 years or forgiving a portion of your principle balance. Your lender will have the...more
If youre a first time homebuyer in Austin, Texas, there are quite a few resources available to you. Buying a home for the first time is very exciting but it can also be a time of confusion and stress. Making a large investment like a home purchase...more
Now that youve found the perfect home for your family, its time to take a look into making sure that your family will enjoy their new home in safety. The majority of accidents that happen to people occur in the safety of your own home; its even...more
Larger Down PaymentNowadays, its hard to get a lender to approve a 10 percent down payment on a home for sale. Its typical to see 80/20 mortgages around; some even require larger down payments. Offering a large down payment is the common practice of...more
You know the importance of keeping your Irving home neat and orderly while it is on the market. Youve cleaned, de-cluttered and have given your home a thorough cleaning in anticipation of putting it on the market. However, have you taken the time to...more
Weve all become quite accustomed to hearing about the dismal real estate market and the countless homes that are sitting on the market, just waiting to be sold.Dont believe everything you hear; at least when it comes to the Dallas-Fort Worth area.New...more
If you are planning to buy a property for investment purpose or want to make it your home then foreclosure homes is a great option. Foreclosed properties enable the buyer to make profits as the property is being sold by the lender on default in...more