As a leader in real estate, I am repeatedly asked specific questions about today’s market – especially in today’s economy. In an effort to provide more information to my community, I am sending you this Top 5 in Real Estate Social Networking Systems “e-Article,” in which I provide useful real estate information to my real…
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source: Inman News The housing crisis in the San Francisco East Bay Area and in many regions of the country has reached dire proportions, with seemingly no end in sight. But it doesn’t have to be this way. There is a five-step solution to fixing the foreclosure crisis caused by poor lending practices of recent…
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Source: CNNMoney.com NEW YORK (CNNMoney.com) — Foreclosure activity skyrocketed in March and the first quarter of 2009 to their highest levels on record as banks lifted moratoria on filings. Total foreclosure filings – which include default papers, auction sale notices and repossessions – reached 803,489 in the first quarter, according to a report released Thursday…
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source: realty times This article has some good information on helping you understand the new Obama Loan Mod. program. It has useful information The Treasury Department recently released its Home Affordable Modification Program Guidelines (part of its Making Home Affordable initiative), which include eligibility requirements to determine which homeowners qualify for relief under the plan….
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As a realtor in Westchester County, NY, one of my most frequent requests is from distressed homeowners wanting to know if it is possible to modify their mortgage. These homeowners are usually everyday people, now holding distressed property because their adjustable rate mortgages have ballooned beyond their expectations. This of course has led them to…
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If you recently purchased property in Westchester County, NY ( Dobbs Ferry, Ardsley, New Rochelle, Portchester, etc.) between 2005 and early 2008, then you probably now owe more than your home is worth. Unfortunately, this is true whether you have successfully made every single mortgage payment on the first of the month or not. It…
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Deciding to sell your distressed property in order to avoid foreclosure is an important choice, and one that can only be arrived at by you and your family. However, enlisting the services of a qualified realtor can ensure you have the right advocate to help guide you through the process. I’m a realtor in Westchester…
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I found this article in the Wall Street Journal. I thought it was a clever way to handle the Real Estate Crisis. A video of a backhoe knocking down homes in Victorville, Calif., was posted on YouTube by the founder of a Web site called Vision Victory. A Texas bank is about done demolishing 16…
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I’m a realtor in Westchester County, NY. As the economic climate has continued to worsen, I’ve found myself with a multitude of clients confronted with trying to sell their distressed property. Because of the current housing crisis, home values if Westchester County have taken a dramatic fall. White Plains, Mount Vernon, New Rochelle, and Armonk…
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Have you considered a short sale yet? For those distressed homeowners no longer able to handle the monthly payments needed to keep their mortgage current, it’s important to know that foreclosure isn’t the only option. Though loan modifications are a popular option for dealing with a distressed property, a short sale is often the best…
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Get the latest information on Selling your Home Guaranteed
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With distressed properties, distressed homeowners, and foreclosures threatening families who owe more than their home is worth everywhere across the country from Yonkers to Yerington, there has never been a greater need for quality information. What options available to families facing foreclosure? Is losing your house an eventuality, or can the proper Realtor help navigate…
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