By Les Christie, CNNMoney.com staff writer NEW YORK (CNNMoney.com) — More than 20% of American homeowners owe more on their mortgage debt than they can sell their homes for, according to an industry report released Wednesday. The real estate Web site Zillow.com reported that 21.8% of all U.S. homes, representing more than 20 million residences, [...]
Archive for the ‘Foreclosure Post’ Category
20% of Homeowners Underwater
Posted in Foreclosure Post, tagged foreclosure, mortgage debt on May 8, 2009 | Leave a Comment »
What is a Short Sale?
Posted in Foreclosure Post, tagged avoid foreclosure, bankruptcy, foreclosure help, short sale, stop forecloso on March 7, 2009 | 2 Comments »
With the economy heading downhill, more and more people are hearing about real estate short sales. The concept of real estate short sales is not new to most experienced real estate investors but for a homeowner it is an eye opening concept worth knowing about. There are no need for real estate short sales if [...]
Avoiding Foreclosure
Posted in Foreclosure Post, tagged Sell House Greensboro, Stop Foreclosure, we buy houses on February 22, 2009 | Leave a Comment »
Loss Mitigation Programs That Stop Foreclosure Fast! Stop Foreclosure with Loss Mitigation Programs Loss mitigation programs were established by the federal government and the mortgage industry in order to stop home foreclosures. They help foreclosure victims in default on their mortgages to find alternatives to home foreclosure. Each lender, however, has their own policies regarding [...]
Foreclosures in Greensboro (week ending 2/15/09)
Posted in Foreclosure Post on February 21, 2009 | Leave a Comment »
Foreclosures in Greensboro (week ending 2/15/09) Posted using ShareThis
Lenders and Foreclosure
Posted in Foreclosure Post, tagged foreclosure, foreclosure help, house for sale, lender, short sale, Stop Foreclosure, we buy houses on February 20, 2009 | Leave a Comment »
Recent studies showed that Guilford county foreclsoures decreased for the month of January. Is this due to the stimulus working in the bank structures? That may have a small affect on the foreclosures, but not a significant one. At a time when foreclosures are high and banks are loosing money, one would think that lenders would [...]
