Charlotte REO Specialist – Nancy Braun

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Entries Tagged as 'American'

Credit Suisse Reports December Traffic: “Charlotte Buyers Lack Urgency”

January 11th, 2011 · No Comments · Charlotte Real Estate Investment, In the News

According to a report released by Credit Suisse on January 6, 2011 demand in the Charlotte home market remains weak as buyers fear further price declines. Charlotte, NC is the 13th largest market in the country. The following are quotes directly from the December 2010 report for the Charlotte, NC real estate market: “Buyer traffic [...]

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New Low for Charlotte Home Prices (excerpt)

December 30th, 2010 · No Comments · Charlotte Real Estate Investment, In the News

Charlotte is one of six cities where home prices have dropped to their lowest levels since 2006 and 2007 when values across the country began to fall, according to a national home price index. The Standard & Poor’s/Case-Shiller Home Price Indices says the average home prices in Charlotte, Atlanta, Miami, Portland, Seattle and Tampa “have [...]

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HomePath Mortgage and HomePath Renovation Mortgage Enhancements

December 29th, 2010 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, In the News

The following is an announcement from Fannie Mae regarding new Homepath Mortgage & Renovation Mortgage Enhancements: HomePath Mortgage and HomePath Renovation Mortgage Enhancements “Based on lender feedback and REO market needs, we have enhanced both our HomePath Mortgage® and HomePath Renovation Mortgage®. Enhancements are effective for loans delivered on or after February 1, 2011. For [...]

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CoreLogic Estimates $11B Lost to Mortgage Fraud in 2010

December 29th, 2010 · No Comments · In the News

The research firm CoreLogic has released its official assessment of the monetary toll mortgage fraud has had on the industry in 2010. According to the CoreLogic Fraud Index, fraud losses for this year are estimated to be $11 billion. That figure is actually down from $14 billion in fraud losses during the 2009 calendar year [...]

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Happy Holidays from Showcase Realty!

December 23rd, 2010 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, Default Industry REO Conferences, How to Find Foreclosures, In the News

From everyone here at Showcase Realty, we are sending you our warmest wishes during this holiday season! Have a wonderful and safe time as you finish 2010, and may the start of 2011 be even better. Thank you for your continuing support and keep following us in the new year. We have bigger and better [...]

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“For Sale By Owner” Not as Successful in 2010

December 20th, 2010 · No Comments · Charlotte Real Estate Investment

Homes sold without the help of a real estate professional dropped to a record low over the past year. According to the 2010 NAR Profile of Home Buyers and Sellers, unrepresented sellers made up only 11 percent of the market, down from 13 percent in 2009. Owners who sell their home without the help of [...]

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CDPE CEO Alex Charfen on CNBC Discusses Rising Interest Rates

December 16th, 2010 · No Comments · In the News

CNBC.com To speak with a Certified Distressed Property Expert, click here.

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New Regulatory Rule to Support Foreclosure-Ridden Neighborhoods (DSNews)

December 16th, 2010 · No Comments · Charlotte Foreclosures, In the News

The federal bank and thrift regulatory agencies on Wednesday announced changes to the Community Reinvestment Act (CRA) parameters in support of stabilizing communities affected by high foreclosure levels. The final rule was issued by the Federal Reserve, FDIC, Office of the Comptroller of the Currency, and the Office of Thrift Supervision, and it encourages depository [...]

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Interest Rate RoundUp, Mortgage Rates on the Rise

December 15th, 2010 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, How to Find Foreclosures, In the News

The election is over and so is the need to keep interest rates artificially low. If we absorb the pain now, we’ll be less likely to remember it during the 2012 election. Don’t wait! Rates are rising! Interest Rate Roundup for Dec. 2, 2010 from Bankrate.com Mortgages 4.71% (30-year fixed) 0.36 (average points) Here’s a [...]

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Research Firm Says Housing Currently Undervalued by 14% to 17%

December 7th, 2010 · No Comments · In the News

The following is an excerpt from an article in DSNews by Carrie Bay. The sharp fall in residential property prices in the third quarter means that housing in the United States has become even more undervalued, according to the analysts at Capital Economics. Based on the latest S&P Case-Shiller index, Capital Economics has concluded that [...]

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