Wednesday, April 26, 2006

In Danger of Losing Your Home? Don't by Following these 5 Foreclosure Avoiding Tips!

In Danger of Losing Your Home? Don't by Following these 5 Foreclosure Avoiding Tips!: "It happens sometimes: hard times fall on even the best of people and financial obligations can not always be met. Spouses become unemployed, family members become ill and money is spent on hospital bills and medication, and other unavoidable hardships creep their way into the lives of people all over America.
If hard times have fallen on you, and you can't always make your mortgage payment, understand that there are options to consider in order not to lose your home. There are actions you can take that will save you from losing your home so you can get back on your feet and meet those financial obligations once again."
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Buying Foreclosures

Buying Foreclosures: "Foreclosures have not been touched by the black plague; many are good options to look at when shopping for a home. Sometimes they do need to be fixed up, but other times you can move into them right away. Despite the negative impression many buyers have, foreclosures can be a great way to buy a home and gain instant equity.
First, it is valuable to understand how a home becomes a foreclosed property. A simple definition is that someone borrowed money to purchase the home, and then stopped paying the money back (a.k.a. going into default on their mortgage). This allows the lender to take legal action and obtain ownership of the home to recoup their losses; and in turn causes the homeowner who was in default to lose any equity they had built in the home. You would think that banks would be happy to take the home to cover the money they loaned out; however it is bad for them to keep foreclosures on their books. To alleviate the problem "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Real Estate Investment Benefits Revealed

Bob Bruss Real Estate Center: "If you are just starting your real estate investment career, and want to learn all the benefits realty investments offer, first read 'Real Estate Investor's Checklist' by longtime investor Robert Irwin. Rather than being a dull book about real estate investments (there are lots of those), this is a lively checklist of important topics every realty investor should consider before investing or deciding what type of investment property is best.
When I first began reading this unusual book, I thought to myself, 'This seems like a dumb format.' But after reading several chapters, I realized what a brilliant idea it is to have boldface questions, followed by brief answer explanations of a paragraph or two. If a topic doesn't interest you, just skip ahead to the next topic in which you are interested."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Low-Cost Fix-ups for the Tired Looking Home You're Selling

: "Americans spend more than $200 billion annually on home remodeling and repairs, much of that paid out by homeowners intent on selling, according to the Joint Center for Housing Studies at Harvard.
A new study by the center says 'Generation X' homeowners, born between 1965 and 1974, are prolific remodelers. And in preparing their homes for market, many tend to be do-it-yourselfers. Their investment in time can obviously yield big dividends. "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Tips on Breaking Thru to Homeownership in 2006

: "The onset of a new year is often a time when people vow to tackle problems with renewed vigor. Some can't bear the idea of spending another year trapped in a rental unit.
'For many people who've been stuck as tenants for years, the quest for homeownership rises to the top of the New Year's resolution list,' says Kenneth W. Edwards, a real estate professor and book author.
The process of graduating to homeownership can be daunting. Even basic starter homes carry a high price. Also, credit problems make some tenants worry they'll never qualify for a mortgage."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Nice weather keeps home sales rolling

Chron.com | Nice weather keeps home sales rolling: "Houston-area single-family home sales in March were the third-highest ever for a single month, as good weather brought more people out to buy homes.
Realtors sold 8,015 single-family homes, townhomes and condominiums last month, up 22.4 percent from March 2005, the Houston Association of Realtors said. Of those properties, 6,542 were existing and some new single-family homes."
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Home sales suffer sharp drop

Home sales suffer sharp drop - Tampa Bay Business Journal:: "Slowly rising mortgage rates and higher levels of for-sale inventory influenced Florida's housing sector in March as the state's market continued to adjust on the heels of a five-year record pace.
Nearly every metro area in the state suffered declining sales. In Tampa Bay, sales dropped 26 percent to 3,659 units sold in March 2006 compared with 4,974 houses sold for the same period last year. Around the state, sales of single-family existing homes declined 22 percent for a total of 18,881 last month, compared to March 2005 sales of 24,091, according to the Florida Association of Realtors. "
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Colorado Reaches Unwelcome No. 1 Ranking in Home Foreclosures

Columbian.com - Serving Clark County, Washington: "Colorado posted the highest home foreclosure ratio in the nation last month, a problem experts blamed on everything from the state's lackluster economy to a reliance on mortgages bearing high interest rates.
One out of every 339 homes in the state was in some stage of foreclosure in March, according to RealtyTrac, an online provider of foreclosure listings. The national rate was one out of every 1,138 households."
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Foreclosures Skyrocketing in Oakland

The Oakland Press: Local News: "Ruth Johnson points to a 7-foot-tall by 8-foot-wide glass display case in the Oakland County Courthouse lobby that is filled with foreclosure sale notices. "
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Home foreclosures increase 72%

Home foreclosures increase 72% | Chicago Tribune: "Mortgages entering foreclosure jumped 72 percent during the first quarter from a year earlier, as higher interest rates increased monthly payments and strained the budgets of homeowners with adjustable-rate loans.

Lenders began foreclosing on 323,102 mortgages, a ratio of one in 358 U.S. households, according to a report issued Monday by RealtyTrac Inc. Banks typically start foreclosing on mortgages after payments are 90 days late.

'When you couple the higher bills that people with adjustable loans saw with the higher-than-expected energy costs, you see a lot of homeowners stretched beyond the point where they could make their payments,' said Rick Sha"
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Foreclosures in State Increase

The Coloradoan - www.coloradoan.com - Ft. Collins, CO.: "Colorado saw the second highest foreclosure ratios in the first three months of the year, a time in which nationally, foreclosures increased 38 percent over the previous quarter.
In March alone, Northern Colorado saw a ratio of foreclosures similar to the statewide rate, the highest in the nation. One in 338 houses in Weld County and one in 448 houses in Larimer County entered "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.