by Roberta Murphy
Remedies for the nation’s real estate foreclosure crisis are emerging from a number of interesting sources.
On August 20, the Federal Deposit Insurance Corporation (FDIC) Chair Sheila Baer proposed a solution for IndyMac pre-foreclosures:
Put a cap at 38 percent of a borrower’s income that can be applied to mortgage, tax and home insurance payments. This could be accomplished several ways, including reducing the interest rate, amortizing the loan over more years–or... Read Full Story
BANK OWNED CONDO IN SAN DIEGO CA. – Remodeled and upgraded 2 bedroom condo for sale in Spring Valley, San Diego California 91977. This condo has been recently remodeled and includes; newer appliances in kitchen, tile floor in kitchen and bathrooms, granite counters and new fixtures in kitchen and bathrooms, newer upgraded carpet upstairs and downstairs, wrought iron railing, ceiling fan, wall A/C, mirrored wardrobe doors, and more. This condo is in a wonderful park like complex with beautiful... Read Full Story
The Foreclosure Girl introduces the 2nd Chapter in learning about foreclosures — The benefits of Investing in Real Estate. The UltraForeclosures Team’s goal is to provide you with easy tools and educational materials to help you better understand the foreclosure process. Now is the time to invest in a foreclosure! Don’t wait while people you know earn a profit off of a foreclosed home. You’re now One Step Closer to attaining your dreams of owning a home.
Duration : 0:4:12
Technorati... Read Full Story
by Roberta Murphy
Remedies for the nation’s real estate foreclosure crisis are emerging from a number of interesting points.
On August 20, the Federal Deposit Insurance Corporation (FDIC) Chair Sheila Baer proposed a solution for IndyMac pre-foreclosures:
Put a cap at 38 percent of a borrower’s income that can be applied to mortgage, tax and home insurance payments. This could be accomplished several ways, including reducing the interest rate, amortizing the loan over more years or providing... Read Full Story
One of the trends I’m starting to see in the San Diego Real Estate Market is that buyers have been and are really starting to bid up the foreclosures. I’m starting to see foreclosures sell for more than what a comparable short sale or regular sale “although in some areas of San Diego there are not too many of those” are selling for. What also needs to be considered is that most foreclosures are in poor condition compared to other homes or condos on the market. In many cases the yards are... Read Full Story
