Search Rancho Santa Fe’s Short Sales and Foreclosures Joy Bender knows the intricacies of the luxury real estate market in Rancho Santa Fe’s most premier neighborhoods while offering an unparalleled degree of personalized attention to her discerning clientele. She specializes in highly confidential representation of both buyers and sellers who lead a demanding lifestyle. With… Read More
Encinitas Foreclosures
January 30, 2012 By Leave a Comment
Nationwide National Association of Realtors data for DEC 2011 Inventory dropped 9.2% Foreclosures sold for a 22% discount Short sales sold for a 13% discount All cash sales were 31% Supply is at 6.2 months Lowest inventory level since March 2005 Amherst Securities 4 million loans 60 days delinquent that will enter foreclosure 2.5 million… Read More
Freddie Mac Chief Economist States Foreclosures Will Remain High Throughout 2012
January 6, 2012 By Leave a Comment
Frank Nothaft Freddie’s Chief Economist states that foreclosures will continue to put downward pressure on overall home prices and most likely remain high throughout 2012, although at lower levels than last year. Although he does believe home prices will begin stabilizing in the second half of the year. Nothaft predicts a one-in-four chance that the… Read More
Mortgage Delinquencies Leading To Short Sale & Forecloure
December 13, 2011 By Leave a Comment
2011 Quarter 3 All Mortgages: 4.43% in Foreclosure 8.2% in Default (30 days + late) 12.63% Total Default Prime Mortgages: 2.56% in Foreclosure 4.49% in Default (30 days + late) 7.05% Total Subprime Mortgages: 10.82% in Foreclosure 21.78% in Default (30 days + late) 32.6% Total Default FHA Mortgages: 3.27% in Foreclosure 12.66% in Default (30 days… Read More
Foreclosure Filings Down, However New Default Notices Up 14%
October 14, 2011 By Leave a Comment
Realty Trac reports foreclosure filings dropped from August to September 6% which is a 38% decline from September 2010. “While foreclosure activity in September and the third quarter continued to register well below levels from a year ago, there is evidence that this temporary downward trend is about to change direction, with foreclosure activity slowly… Read More
Bank Foreclosure In San Diego
September 27, 2011 By Leave a Comment
A Fed Official John Walsh, of the Comptroller of the Currency, said 14 major banks will be reaching out to borrowers who may have been wrongly foreclosed upon and are fixing their foreclosure protocols over the next year. 4.5 million foreclosures from 2009 and 2010 are being looked at by independent consultant. In this process… Read More
Average Loan in Foreclosure Is Delinquent for Record 599 Days
September 3, 2011 By Leave a Comment
Foreclosure timelines continue their steady upward trend, as a payment has not been made on the average loan in foreclosure in a record 599 days reported by LPS Mortgage Monitor. Of the nearly 1.9 million loans that are 90 or more days delinquent but not yet in foreclosure, 42 percent have not made a payment… Read More
HOA’s Foreclosing On Homeowners
July 13, 2011 By Leave a Comment
Around the country more homeowners’ associations (HOAs) are taking measures against home owners who have stopped paying their HOA fees. One in five communities are governed by an HOA. They are now pursueing their right to foreclose on residents who stop paying fees. “The treacherous part is that homeowners’ associations are acting like a local… Read More
Should I Walk Away From My Mortgage?
June 9, 2011 By Leave a Comment
Buyers Searching For Pre-Foreclosures Short Sale Deals
June 8, 2011 By Leave a Comment
If you are considering buying luxury property and have an open timeline for purchase I can help you find an amazing deal on a pre foreclosure not yet listed on the market. We agressively market to homeowners with scheduled trustee sales. We help the homeowner avoid foreclosure and help our buyers receive an exclusive amazing… Read More
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