Posts Tagged ‘Foreclosures’
FORECLOSURES Fort Myers & Cape Coral Florida waterfront
DC Fawcett presents Foreclosure Wealth- Home Study System
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What percentage of the purchase price do Foreclosures typically sell or auction for?
Question by Ryan T: What percentage of the purchase price do Foreclosures typically sell or auction for?
I’m trying to figure out how much property tax income would go down in a given area, based on the amount of homes that are going into foreclosure.
Best answer:
Answer by Mike
That varies widely.
In very active sellers markets I have seen the prices at trustee’s sales of foreclosed properties go as high as 85% of what the property would have sold for in good condition and marketed properly.
In a buyer’s market where there is a glut of property on the market and a glut of foreclosure properties it is not uncommon for the purchase price at trustee’s sales to drop below 70% of what the property would sell for in good condition and marketed properly.
As a practical matter most people in foreclosure continue to refinance the home often with hard money lenders until the hard money lenders will not finance the property any more.
Generally that limit if 64 to 70% of the fair market value of the property.
Often there are no bidders willing to go that high at the trustee sale. the lender bids the loan amount plus accrued past due amounts plus penalties plus fees and gets the property back at the trustee sale.
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Is there a free way to find listings of home foreclosures in my area?
May 9th, 2012 | 
Author:
Question by xxthrash: Is there a free way to find listings of home foreclosures in my area?
I live in the Metro DC area (Suburban Maryland) and I want to find homes that are in foreclosure. I know there are alot of home owners with subprime loans that purchased more home than they can really afford. Many of those loans are resetting at rates these people can’t afford. Is there a list of home that are about to be or are currenlt in foreclosure? Is there a free database with this info?
Best answer:
Answer by Ace
http://www.williamsauction.com
There are 2 on my street, and one has a sign in the front yard with this website, so I went to it and it has listings all over the country.
What do you think? Answer below!
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The second wave of mortgage defaults and foreclosures will hit the economy this year
May 8th, 2012 |
Author:
omf.gd ←← You won’t want to miss this high impact, edge-of-your-seat exposé of the men behind the wizard’s curtain that pulled the strings on the global financial crisis and what you can do about it. =================================== [February 11, 2011] PODCAST CONTENTS ★ The welfare state rumbles on in corporate america, ★ debts become more unpayable daily, ★ pondering the metals correction, ★ US Treasury near legal debt limit,
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The recent foreclosures will affect the US banks in a big way, is it true?
Question by : The recent foreclosures will affect the US banks in a big way, is it true?
What do the analysts in the US feel about the ongoing foreclosures?
Best answer:
Answer by ibu guru
The upcoming foreclosures – some 8 million are already in the pipeline – will wreak more havoc on lenders and those who financed those mortgage loans. This hiatus in foreclosure processing won’t last long. Politically, you can’t have 8 million families put out of their homes before the November elections. After Nov 2 the flood begins.
BTW, 80,000 jobs in the financial sector are headed for the chopping block – more jobs gone. More vacant houses. More evaporated “wealth.” The second wave down of the Greater Depression is getting wicked. In fact, by holding up the foreclosure process temporarily, it will be worse than if these foreclosures had just gone through. More houses gone, more banks fail, more jobs lost. Everything That Stinker BO & his henchmen do makes things look better for a moment but turn out” worser & worser.”
19 million vacant houses + 8+ million more coming on the market = RE market nosedives by spring. Expect nationwide average drop in house prices of @ another 20%, range probably 15-50% in various markets.
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Conservatives, are you against foreclosures or houses being burnt down?
Question by : Conservatives, are you against foreclosures or houses being burnt down?
Either by foreclosure or house being burnt down, someone has lost their home. I secretly think republicans are for foreclosures, because this will mean more reasons for people to not vote for Obama.
Best answer:
Answer by John Doe
Why would anyone want to see someone lose their home?
Get a grip
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YOUR FORTUNE IN FORECLOSURES WILLIAM G. FRANKLIN 16 CASSETTES REAL ESTATE INVEST
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Healing from Foreclosure: Messages from the Heart NEW
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DC Fawcett presents Foreclosure Wealth- Home Study System
| US $45.00 (0 Bid) End Date: Thursday May-24-2012 10:21:17 PDT Buy It Now for only: US $52.99 Bid now | Buy it now | Add to watch list |
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Tags: CASSETTES, Estate, Foreclosures, Fortune, Franklin, Invest, real, William, your | 
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When does the moratorium end on foreclosures?
Question by foxyraley: When does the moratorium end on foreclosures?
Are there a lot more foreclosures hitting the market soon? i hear some people are living in there home for 12- 18 months without paying any mortgage, how long will this go on. I understand they are doing this to prevent houses from sliding further, but eventually they will need to have these homes foreclose.
Best answer:
Answer by ranger_co_1_75
According to some friends I have that work for IRS, when the moratorium ends, there will be a new wave of fore closures. The houses are still upside down, and the owners financial situation isn’t improving enough to provide the cash money needed to pay the difference between the value of the home and the mortgage owed.
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The Pre-Foreclosure Property Investor’s Kit: Buying Foreclosures…
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Does anyone know the statistics of foreclosures Acorn is responsible for?
Question by el perverto: Does anyone know the statistics of foreclosures Acorn is responsible for?
How many people did they help house that later foreclosed?
out of all the foreclosures what percentage can be blamed on ACORN?
Best answer:
Answer by steve b MC, Bitter-Clinger
Well, that figure would be hard to come by. But we can rest assured that there are lots and lots on them.
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