Category Archives: Latest Foreclosure and Investing Information

Property Investor: U.S. July existing home sales jump to three-year high
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WASHINGTON (Reuters) – U.S. home resales jumped in July to their highest level in over three years, suggesting a sharp increase in borrowing costs is having only a limited impact on the housing market’s recovery. The National Association of Realtors … Continue reading

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Property Investor: Pennsylvania widow who lost home over $6.30 wins reprieve
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A Pennsylvania widow whose residence was auctioned off because of $6.30 in unpaid interest won a court ruling Monday giving her a chance to argue that she should not lose the $280,000 home. The Commonwealth Court decided that it was … Continue reading

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Investors Edge: Five Self-Made Real Estate Millionaires
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Name: Dwan Bent-Twyford Hometown: Denver, Colo. Net worth: $10 million Drives: Chevy Van Owns: 0 rentals Goal: 300 mortgage notes “The road to riches is paved with borrowed money.” – William E. Nickerson Dawn Bent-Twyford’s success story is inspiring. She … Continue reading

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Foreclosure Experts: Borrowers who lost homes to foreclosure resurface
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More people who lost their home during the darkest days of the recession are doing what might have been unthinkable just a few years ago: They’re becoming homeowners again. “Boomerang buyers” — former homeowners who have gone through a foreclosure, … Continue reading

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Foreclosure Experts: President Obama Pitches Plans to Support US Housing Recovery; Overhaul Mortgage and Lending Market
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U.S. President Barack Obama pitched some new mortgage and lending plans to the public in his economic speech Tuesday at Dobson High School in Mesa, Arizona. In his speech he sketched out various plans to overhaul the lending market and … Continue reading

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Foreclosure Experts: Detroit named a top ‘Turnaround Town’ for residential real estate
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DETROIT, MI – Detroit’s housing market ranked 7th overall in a Realtor.com “Turnaround Towns” study of the national housing market in the second quarter, the real estate tracking firm said in a report Wednesday. Realtor.com weighed inventory, median list price … Continue reading

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Foreclosure Experts: How Fast Can You Buy a Home?
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In hot markets across the country, homes are selling fast. And that means if you hope to buy a home, you have to be prepared to move quickly. “I’ve seen all cash offers close in three days,” says Realtor.com’s Consumer … Continue reading

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Foreclosure Experts: Rising rates aren’t hurting home sales yet
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Two months after Federal Reserve Chairman Ben Bernanke roiled the housing market in congressional testimony that included the first clues of rising interest rates, the impact seems to be real — but still small. Confidence is holding firm, as fixed … Continue reading

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Foreclosure Experts: Analysts predict booming real estate market will slow down – but they’ve been wrong before…
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According to Zillow Senior Economist Svenja Gudell, “The U.S. housing market as a whole is currently not experiencing a bubble, but in many places it sure must feel like one, with some markets experiencing annual home value appreciation approaching 30 … Continue reading

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Foreclosure Experts: Miami Tops U.S. Foreclosures as Banks Selling in Boom
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Miami’s foreclosure rate ranked at the top of major U.S. metropolitan areas last month as auctions more than tripled, signaling lenders are preparing to sell a backlog of distressed properties amid rising home prices. One in 236 housing units in … Continue reading

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