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Entries Tagged as 'Foreclosures'
The Monthly Showcase
November 7th, 2011 · No Comments · Charlotte Foreclosures, Community Relations, In the News
Tags:Charlotte·Foreclosures·mecklenburg·monthly showcase·Nancy Braun·North Carolina·Short Sales·Showcase Realty
Prospect Mortgage Makes Homebuying Easier
July 6th, 2011 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, In the News
Prospect Mortgage has recently come out with the HomePath Renovation Mortgage. This mortgage is beneficial to those who are interested in purchasing a foreclosure, because as foreclosure sales increase, so does the demand for renovation loans. This mortgage offers up to $35,000 in non-structural repairs and a low interest-rate, making the homebuying process much more [...]
Tags:Charlotte·fannie mae·Foreclosures·Mortgage·Nancy Braun·North Carolina·prospect mortgage·renovation loan·REO·Showcase Realty
Forclosures in N.C. becoming less frequent
June 17th, 2011 · No Comments · Charlotte Foreclosures, In the News
The foreclosure count in North Carolina has dropped 38% in the last year and 3.5% since April. Here is an exerpt from Charlotte Business Journal’s article: N.C. foreclosures down 38% year-over-year “Some 2,689 homes in North Carolina were in foreclosure proceedings in May, or one in every 1,584 households, according to RealtyTrac Inc. The state ranks [...]
Tags:charlotte business journal·Foreclosures·North Carolina·Showcase Realty
How Many Different Types of Foreclosed Properties Can There Be?
April 19th, 2011 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, How to Find Foreclosures, In the News
Evidently, there are eight. Being that there are more than just single-family homes available, knowing the different types of foreclosed properties can open up potential buyers to a lot more opportunity in the housing market. If you are unfamiliar with REO’s, or foreclosed properties that are now “Real Estate Owned”, you may be missing out on affordable [...]
Tags:Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Charlotte REO·Economy·Foreclosure·Foreclosures·News·Real Estate Industry·Real Estate Market
Big US Banks Hit With Penalties for Foreclosure Practices (WSJ)
April 14th, 2011 · No Comments · In the News
The Wall Street Journal reported today that 14 of the nation’s largest banks were hit with penalties for improper home-foreclosure practices yesterday. These penalties were not monetary, but include orders to change the way they deal with “troubled borrowers”. Officials say that fines are coming. The banks that were issued these orders are: Bank of [...]
Tags:2010·2011·Bank Foreclosure Penalties·Banks·Economy·Foreclosure·Foreclosure Process·Foreclosures·Housing·Housing Crisis·Mortgage·Mortgage rates·News·Penalties·Real Estate Industry·Real Estate Market·Reason·REO
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
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 [...]
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
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
N.C. Foreclosures Drop 4% in a Year
February 11th, 2011 · No Comments · Charlotte Foreclosures
North Carolina’s residential foreclosures in January fell nearly 4 percent from a year ago but rose 1.2 percent from December. The following are additional statistics reported by the Charlotte Business Journal yesterday regarding the foreclosure rate in North Carolina. Some 3,040 N.C. homes were in foreclosure in January, or one of every 1,401 households, according to [...]
Tags:2010·2011·Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Charlotte Real Estate Investment·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Housing·Housing Crisis·Mortgage rates·Real Estate Industry·Real Estate Market·REO
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
Charlotte-Area Foreclosures Jump 37%
January 27th, 2011 · No Comments · Charlotte Foreclosures, Charlotte Real Estate Investment, In the News
Quick Newsflash: The Charlotte Business Journal reported today that Charlotte-Area foreclosures jumped 37% from 2009 to 2010 according to a study done by RealtyTrac. “Some 14,732 homes in the Charlotte-Gastonia-Concord region were in the foreclosure process last year. That equates to one in every 50 households. The metro area ranks No. 81 in the nation [...]
Tags:2010·Charlotte·Charlotte foreclosure homes·Charlotte NC foreclosures·Foreclosures·Foreclosures Charlotte·Foreclosures NC·Housing·Housing Crisis·NC·News·North Carolina·Real Estate Industry·Real Estate Market
