December 30th, 2010
admin
Foreclosures Florida Free Listings
Where I can find free listings of foreclosure in Florida? Who I can call to get foreclosure listings?
To who I can call to get foreclosure listings?
There are some sites that are free, however, must complete the application before it will allow evaluate your site. Your realtor may be the best option for finding a property or property owned banks. Again, the real estate agent could like that before approving or pre-qualified before providing you with a list of properties. Another list could be free and will provide a list, however, can not indicate all lists as the bank owned REO properties. I hope this has been of some benefit to you, good luck. "FIGHT ON"
December 30th, 2010
admin
Foreclosures Bay Area Ca

Foreclosure Questions?
I live in the Bay Area (San Jose), CA, and I had some questions regarding foreclosure. I'm currently on "OK" in terms of payments, but the legislature by the recent: Government will help people keep their homes had me thinking. I have an ARM 7 / 1 at 6.25%. Now I am 1.5 years into it. My house is about $ 50 billion in water. If you continue down to about $ 100K, what would happen if I stopped paying for three months and then went to my lender to negotiate? Would possibly be willing to absorb the $ 100K loss, and the restructuring of the mortgage to a fixed rate and a total balance of the value of the house at the time?
No bank wants absorb the value of their house fell – that would be more appropriate to restructure your loan based on the existing amount (not less) so you can afford the payments, but not go out of their way to drop the total value of its loan so the house is now worth in this market. so you can get better pay, better interest rates etc, but not reduce the amount due on your mortgage payments unless you stop showing aking you can not afford to ll and try to sell in a short sale. Nice thought though:)
December 29th, 2010
admin
Foreclosures Commercial Real Estate

What is the process of foreclosure commercial real estate?
Is the business closed on the day of the sheriff's sale?
The foreclosure of commercial real estate goes through the same process as the non-commercial. The property is sold to satisfy the mortgage debt. This has nothing to do with the business as it is independent of the property.
December 28th, 2010
admin
Housing Foreclosure Data

Why do the media report bad economic news with the word "unexpected"?
Home sales in the unemployment rate, Seizures in place, all unexpectedly. I and others who care to hope that this bad news. There does not seem good and there is no Due to the economic data that are best at that time. Why say unexpectedly all the time? I'm the cheerleader economy?
For dramatic effect, partly because journalists are not economists and rarely know what they are talking. The sun may be slow to react and call darkness "unexpected."