Real Estate, US Real Estate

Mixed Response to Short Sale Cash Incentives

By Mike Wheatley | January 6, 2012
A number of real estate professionals have said that cash-back incentives designed to tempt delinquent borrowers into a short sale rather than foreclose on their homes are proving to be ineffective, because lenders aren’t clear on who can qualify for the scheme
Mortgage, Residential, US Real Estate

3 Surprising Reasons A Short Sale Benefits Homeowners

By Anita Cooper | December 21, 2011
If you’re one of the millions of individuals facing the prospect of losing your home, you’ve no doubt been made to feel as if being part of a “crowd” is somehow soothing...the old adage “misery loves company” may come to mind, but in reality, it stinks to be miserable, and it stinks most of all […]
Mortgage, Real Estate, US Real Estate

Home Appraisals Continue to Derail Housing Markets

By Mike Wheatley | November 8, 2011
Home appraisers are continuing to be an obstacle in the way of sales, with more than a third of real estate professionals blaming them for delaying or canceling proposed contracts in the first six months of this year. This marks a staggering increase of 29% on the number of deals blocked by appraisers in 2010, […]
Real Estate, US Real Estate

Help for Oregon Homeowners Headed Towards Foreclosure

By Allison Halliday | October 17, 2011
John Bacon of Keller Williams Realty is a Certified Distressed Property Expert (CDPE) and points out that "Nationwide, 10.9 million or 22.5% of all homeowners with a mortgage owe more on their property than its worth in the current market, and another 6.3 million are in some stage of foreclosure." Bacon goes on to say […]
Home Builders/Developer's, Real Estate, Residential, US Real Estate

Home Builders Struggling Against The Tide

By Mike Wheatley | September 8, 2011
Figures for new home sales in 2011 are on track to reach a record new low, says the Wall Street Journal. Following a peak in 2005, when 1.3 million units were sold, the annual rate as recorded in July was just 298,000 units. Most home building companies are struggling to compete with the tidal wave of […]
Mortgage, Real Estate, Residential, US Real Estate

RealtyTrac Reports Increase in Short Sales Over Second Quarter

By Mike Wheatley | August 29, 2011
US banks are finally making a difference in the battle to clear the large distressed property inventories plaguing real estate markets by agreeing to increased numbers of short sales, it’s been revealed. What’s more, the average short sale transaction is being completed much faster than before, reports real estate analysis firm RealtyTrac. Speaking to Bloomberg, […]
Featured News, Mortgage, Real Estate, Real Estate Investing, Residential, US Real Estate

Short Sales Activity Shows Dramatic Increase

By Donna S. Robinson | August 26, 2011
Realty Trac has released a new report indicating that banks are finally becoming more willing to discount pre-foreclosure properties, and short sell them, rather than continue with the foreclosure process. Prior to the housing market crisis, short sales were a relatively rare item. Most folks had never heard of them. They were rarely agreed to […]

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