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Archive for "December, 2008"

10 Worst Real Estate Markets for 2009

Let me know what you think are the worse markets? Tuesday, December 23, 2008provided by Fortune/CNN The housing market hasn't bottomed out yet. For the third quarter, the closely-watched S&P Case-Shiller national home-price index fell 16.6%, and experts are predicting further declines. Of the top 100 markets, here are 10 with the worst forecasts. 1. Los Angeles 2008 median house pr... Read more

Real Estate Investing is Ripe with Low Mortgages – Should we buy now?

Important Information about the Fed Cut and The 4.5% Rate Recently Advertised by the Government and Media…1) As you may know, we saw a significant fed cut today. While some consumers feel interest rates should drop more, even though interest rates are very very low right now, this may not happen per the attached article just released today. Of course, if they do, I will be the first t... Read more

Buying foreclosed homes – MONTGOMERY – MD

Location: Boyds Foreclosure, Montgomery - MD, Address: Seneca Ayr Dr, Zipcode: 20841, Code: 5075486, Style: 2 family, Bed/Baths: - / -, Price: $665,000.00 short sale foreclosure Location: Burtonsville Foreclosure, Montgomery - MD, Address: Ballet Way, Zipcode: 20866, Code: 5075494, Style: Condo/Townhome, Bed/Baths: - / -, Price: $332,500.00 short sale foreclosure... Read more

Mortgage foreclosure process

Avoid Foreclosure By Watching For The Signs - Inside the real estate foreclosure market - Tacoma News Tribune The surge in home mortgage foreclosures has added to the huge inventory of homes for sale and potential homebuyers are waiting for home prices to bottom out before buying. As banks attempt to unload their foreclosed properties and homeowners in danger of a home foreclosure seek to find ... Read more

Investors Fight Foreclosure On Their Own

I read a recent post by Kathleen Doler on Investor's Business Daily about investors struggling to make mortgage payments and whether they should get foreclosure writedowns.  I think the same rules should apply to both investors and primary home owners. What do you think? While strapped primary-home borrowers receive more — including unsolicited loan-modification offers, lenders ... Read more