Fannie Mae announced Monday that purchasers of a Fannie Mae-owned properties through the HomePath program will receive up to 3.5% percent in closing cost assistance. The following is an excerpt from a DSNews article by Carrie Bay describing the program: “The initial offer must be submitted on or after April 11, 2011, and the sale must close on or before June [...]
Entries Tagged as 'American'
Fannie Mae Announces 3.5% Closing Cost Assistance for HomePath Buyers
April 12th, 2011 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, In the News
Tags:2011·American·Bankrate·Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Charlotte REO·Economy·fannie mae·Foreclosure·Foreclosures·Foreclosures Charlotte·Foreclosures NC·HomePath·Housing·Housing Crisis·Real Estate Industry·Real Estate Market·REO·Showcase Realty
DSNews: Nearly Half of Economists See Double-Dip Before Year End
April 5th, 2011 · No Comments · In the News
A recent article by Carrie Bay for DSNews published on March 24th, 2011 stated a survey has found that nearly half of economists see a double-dip in home prices happening before year-end. 111 economists and real estate experts were polled and none of them foresee property values recovering for at least five years. The following is an [...]
Tags:2011·American·Charlotte Real Estate Investment·Charlotte REO·Decline·double-dip·Economy·home price drop·home prices·Housing·Housing Crisis·News·Real Estate Industry·Real Estate Market·REO
Research Firm Says U.S. Housing Has Never Been This Undervalued (DSNews)
March 8th, 2011 · No Comments · In the News
The research firm, Capital Economics, has found that housing has never been this undervalued, according to an article by Carrie Bay published in DSNews. The following is an excerpt from the article. “The continuing depreciation of residential property values at the end of last year has made housing look more undervalued relative to income than ever [...]
Tags:2010·2011·American·Economy·Foreclosure·Foreclosures·Housing·Housing Crisis·Mortgage·Mortgage rates·NC·News·North Carolina·Real Estate Industry·Real Estate Market·Reason·REO
Nancy Braun to Speak About Luxury Short Sales on FOX News Charlotte
March 4th, 2011 · No Comments · In the News
This has been rescheduled for Sunday, March 13th! Nancy Braun, Owner and Broker-in-Charge of Showcase Realty, LLC will be on the 10:00pm news on FOX News Charlotte speaking on luxury short sales in the Charlotte, NC area. Make sure to tune in – we will also be posting this video in the near future.
Tags:2011·American·Charlotte·Charlotte Real Estate Investment·Charlotte short sale·Economy·Housing·Housing Crisis·luxury short sales·Nancy Braun·NC·News·North Carolina·Real Estate Industry·Real Estate Market·Short Sale·Short Sales·short sales Charlotte·Showcase Realty
Are You Possibly Facing Foreclosure in NC? Here are 10 Helpful Tips
February 1st, 2011 · No Comments · Charlotte Foreclosures
Foreclosure can be one of the most devastating events someone can face. It is very prevalent in our current economy and if you or someone you know are going through the foreclosure process in North Carolina, here are some tips from the North Carolina Foreclosure Help website: 1. Don’t ignore the problem. 2. Call the [...]
Tags:American·Charlotte foreclosure homes·Charlotte NC foreclosures·Economy·Foreclosure·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Housing·Housing Crisis·Mortgage·Mortgage rates·Real Estate Industry·Real Estate Market·Reason
Existing homes sales rose 12.3% in December to 5.28 million (HousingWire)
January 20th, 2011 · No Comments · In the News
The following is an excerpt from an article published today, January 20, 2011, written by Jason Philyaw for HousingWire: “Existing homes sales shot up 12.3% in December, coming in well above most analysts’ estimates and marking growth in five of the final six months of 2010. The National Association of Realtors said seasonally adjusted sales [...]
Tags:2010·American·existing home sales·Housing·Increase·News·Real Estate Industry·Real Estate Market
January 18th, 2011 · No Comments · In the News
The following article was written by Heather Hill Cernoch for DSNews: The Department of Veteran Affairs (VA) has instructed mortgage servicers to pay relocation assistance to borrowers completing short sales or deeds-in-lieu (DIL) of foreclosure on VA loans. “VA has a longstanding policy of encouraging servicers to work with veteran borrowers to explore all reasonable [...]
Tags:American·Bankrate·Charlotte Real Estate Investment·Economy·Housing·Housing Crisis·News·North Carolina·Real Estate Industry·Real Estate Market·Short Sale·Short Sales·short sales Charlotte·VA·veteran
Over 1 million Americans seen losing homes in 2011
January 14th, 2011 · No Comments · In the News
After a record 1 million home foreclosures in 2010, this year is likely to be even worse Article by Janna Herron, AP Real Estate Writer, On Thursday January 13, 2011, 3:21 pm EST NEW YORK (AP) — The bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more [...]
Tags:2011·American·AP·Associated Press article·Bankrate·Charlotte NC foreclosures·Charlotte Real Estate Investment·Charlotte REO·Economy·Foreclosure·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Increase·Mortgage·Mortgage rates·National·News·Real Estate Industry·Real Estate Market·REO
Charlotte Business Journal: “Mecklenburg, Union worst for foreclosure”
January 13th, 2011 · No Comments · Charlotte Foreclosures, In the News
According to an article published today in the Charlotte Business Journal, Mecklenburg and Union counties had the highest frequency of foreclosures in the state last year, with one in 34 housing units facing repossession. The following is an excerpt from the article: The statewide average was one in 63 units, according to the data compiled [...]
Tags:American·Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte REO·Economy·Foreclosure·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Housing·Housing Crisis·NC·News·North Carolina·Real Estate Industry·Real Estate Market·REO
RealtyTrac: More Than One Million Homes Seized by Lenders in 2010 (DSNews)
January 13th, 2011 · No Comments · In the News
In an article published today by DSNews it was reported that lenders repossessed 1,050,500 homes last year, according to the 2010 end-of-year foreclosure report from RealtyTrac. The following is an excerpt from this article: “The annual figure marks a record-high number of new bank-owned properties tracked by the company. The 2010 tally is up 14 [...]
Tags:2010·American·Bankrate·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Charlotte REO·Economy·Foreclosure·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Housing·Housing Crisis·Increase·NC·News·North Carolina·Real Estate Industry·Real Estate Market·Reason·REO


