RealtyTracs 2009 Foreclosure Report Gives Reason For Optimism
Like real estate, it appears that foreclosure activity is a local phenomenon, too. As reported by RealtyTrac.com, more than half of all foreclosure-related activity in 2009 came from just 4 states:
Posted by Paula Henry on January 15, 2010 in Real Estate News
Winning the Bid on a HUD Home
In Pursuit of a Winning Bid
For the last eight months I have been working with a first time home buyer in the $80,000 price range. Based on her criteria, the area she wanted to live and price of the average home in the area, we knew it ...
Posted by Paula Henry on October 12, 2009 in Buyer Resources
Buying a HUD Home in Indianapolis
HUD Homes are a Good Value
HUD homes in Indianapolis generally represent a great value for the home buyer's. Since the inception of the $8000 tax credit for first time home buyers, HUD owned homes have literally been 'flying off the MLS ...
Posted by Paula Henry on October 7, 2009 in Buyer Resources
What is a Short Sale?
A short sale is the process by which a homeowner sells their home for less than what is owed to the current lender or lenders or when the cost to sell a home does not cover the current balance due the lender. A short sale is one option for ...
Posted by Paula Henry on December 31, 2008 in Real Estate News
Are You Facing Foreclosure?
A Homeowner’s Nightmare
With the economic crisis we are facing in the real estate sector of our economy, many homeowners are realizing their home may not be the investment they thought. The dream of home ownership has turned into a nightmare ...
Posted by Paula Henry on December 10, 2008 in Real Estate News
Real BailOut from the Banks
The recent bailout of wall street and banks has many trying to figure out exactly what it means for homeowners who may be facing foreclosure. While I don’t know the specifics about what the bailout means for individual homeowners, there are a ...
Posted by Paula Henry on October 27, 2008 in Real Estate News
Protect Your Family from Foreclosure Scams
Smart Money recently published an article about new consumer scams for the New Year. Two of the scams mentioned are about foreclosure rescue companies and foreclosure rental scams. I have posted warnings and information about avoiding these snakes ...
Posted by Paula Henry on December 28, 2007 in Real Estate News