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Freddie Mac is under the gun to remove non-performing property from its rolls. The GSE has lost $84.4 billion since mid-2008 and has recently been de-listed from the New York Stock Exchange. Freddie Mac has resolved to relieve itself of non-performing property any way it can, including stepping up its...
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As an investor or a retail buyer looking to buy at a discount where are you more likely to find the steepest discount?
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It is not only in your benefit to offer a price that the market will support but as an investor, it is mandatory to back up your offer with comparables that will support that offer. As an investor we feel we are helping to get some of these distressed properties off the books of the lenders and placing...
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At least for February, Fair Oaks had a lower foreclosure rate than Sacramento County as a whole and even lower than California as a whole, according to the RealtyTrac Trends Center . However, the Fair Oaks foreclosure rate was still more than twice the national average. Lenders do seem to be much more...
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This news comes to me as a hopeful great relief to what has been a few years of extreme challenge in selling short sales. The change can not come soon enough. Ask any distressed seller, their agent or the buyer's of these properties how their Real Estate experience was and you’re likely to...
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Under normal circumstances the Ohio foreclosure process can take about 200 days, from the time the property enters foreclosure to when it is sold at the sheriff's sale. See http://www.realtytrac.com/foreclosure-laws/Ohio-Foreclosure-Laws.asp. But we are not in normal circumstances and are seeing...
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would you like to know more about the Miami Beach real estate.trends? Contact me at 305-968-9442 for all your real estate needs.
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Thanks for your question. So as you probably know it looks like this property was scheduled for the sheriff's sale but there has been no update on RealtyTrac as to the outcome of the sale. My best advice is to contact the Madison County Sheriff's office to see if they can provide the outcome...