Posts Tagged ‘ Foreclosures ’

REO’s Where Are They Now?

October 28, 2011
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156,061 homes in N.C. ‘underwater’ – Charlotte Business Journal

August 30, 2010
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156,061 homes in N.C. ‘underwater’ – Charlotte Business Journal. An estimated 6.6 percent of the residential properties with mortgages in North Carolina are “underwater,” meaning the property is worth less than what is owed on the loan, according to a report by CoreLogic Inc. That works out to 156,061 homes statewide, CoreLogic says. The...

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Understanding HAFA: Federal Short Sale Rules

April 13, 2010
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On Monday, April 5, the federal governments program for speeding short sales went into effect. To help you understand the changes, NAR Managing Director for Regulatory Policy Jeff Lischer walks you through the rules with this step-by-step how to. http://takeaction.realtoractioncenter.com/ct/97LZIdY1OLem/

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Charlotte NC Foreclosure Information

March 8, 2010
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Be sure to check out new links and information added to the foreclosure page. This will give you access to important trends, data and statistics dealing with foreclosed property in Charlotte Meckelburg and surrounding counties.   Click here for access! Don’t miss this months foreclosure class!

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Investors With Cash Squeezing Out Home Buyers

February 18, 2010
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LOS ANGELES (AP) — Melissa Hughett and her husband set out to buy their first home in the best buyer’s market in years, confident they would land a deal within a few months. The couple put offers on several homes, but lost them all to rivals who weren’t offering more money — just a...

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Shadow Inventory of Homes to Take Nearly 3 Years to Clear

February 18, 2010
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Shadow Inventory of Homes to Take Nearly 3 Years to Clear: S&P Posted By JON PRIOR On February 16, 2010 (1:03 pm) In Servicing/Default, Slider, Top Stories The “shadow inventory” of bank-repossessed properties, as well as distressed mortgages facing foreclosure, will take nearly three years to clear at the current sales rate, according to...

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