Here we go again… we have discussed Automated Appraisals (- Computer Generated Appraisals) in the past and we are still experiencing the same challenges. Computerized Models Are...
Tag Archives: foreclosure
Housing Bust Creates a New Kind of Declining City
A study says cities where home prices have fallen the most — including Riverside, San Bernardino and Fresno — could suffer long-term deterioration similar to that of the Rust...
When will housing come back in California? Five experts offer their views
A Great Article about market recovery as seen in the LA Times. – By Alejandro Lazo Foreclosures in the state are still high. Sales of new homes are at historic lows. And millions...
Bank of America to resume foreclosures
By Aaron Smith, staff writer – NEW YORK (CNNMoney.com) — Bank of America said earlier last month that it was ending its hiatus on foreclosure sales, and promised to get its...
Banks Push Fed to Curb Borrowers’ Right to Rescind Mortgages
Great Article and a very good interview on the Bloomberg Website explaining the additional behind the scene challenges with loan modifications. Well worth your time! Mortgage firms are...
Bull vs. Bear: Will housing rebound?
An interesting read to say the least… let me know your thoughts! As seen in CNN Money – Posted by Nin-Hai Tseng, writer-reporter- December 27, 2010 It’s a question...
What do the banks know… that the typical home sellers may not?
If you are thinking about selling your home, you must read this! The typical equity seller must be willing to think, act and behave just like a bank owned home or risk facing the...
Homeowners use ‘show me the note’ to fight foreclosure
While I can empethize with the homeowners and understand their challenges, I think that this is all wrong… What are your thoughts? By Julie Schmit, USA TODAY Steven and Tamara...
Test-Driving Homeownership
When buyers–or their banks–aren’t quite ready to commit, rent-to-own can be the answer. By SARAH MAX In October 2008 Ashley and Jason Repaal packed up their rental home near...
Some condo owners may lose FHA financing
By Kenneth R. Harney – December 12, 2010 Reporting from Washington Their ability to sell or refinance their units could be hampered if their condo projects missed a key deadline...