Archive for March, 2008
Monday, March 31st, 2008
The following three links cover banked owned, noticed of default (pre-foreclosures) and notice of trustee sales (step just before the auction).
Banked Owned List
Notice of Default
Notice of Trustee Sale
Posted in Distressed, Foreclosures, Investing | 2 Comments »
Saturday, March 29th, 2008
Some of these are so new they haven't even hit the market.
500 University Avenue #2010, Honolulu Ala Wai Plaza 3/2.5 FS 1-2-7-13-2-304 2804426 ...
Posted in Foreclosures, Investing, Real Estate Terminology | No Comments »
Saturday, March 29th, 2008
Mortgage Time
Mortgage Market News for the week ending March 28, 2008
Compliments of
John Premysler
Applied Wholesale Mortgage
PHONE:
(877) 912-9669 x302
johnp@awnow.com
184 Technology Dr
Suite 200
Irvine, CA 92618
Events This ...
Posted in Lending | No Comments »
Thursday, March 27th, 2008
Mortgage insurance companies will no longer insure loans over 97%. Also in order to get 97% financing you will need 680 Fico score, and qualify with income and assets.
On the positive note the 3% down payment can come as a gift from a family member.
Another change that happened this ...
Posted in Lending | No Comments »
Thursday, March 27th, 2008
Many are aware of Megan’s Law and how it has made publicly available sex offender’s home address. In fact, most real estate contracts have some statement to this fact.
Felonspy takes this to another level. Not only do they list sex offenders, but cross reference other ...
Posted in Lessons, Scams, Uncategorized | No Comments »
Tuesday, March 25th, 2008
Real Estate Market Update:
The real estate market experienced a slight increase in sales in February, largely due to the battered housing market. National Association of Realtors report that February was the first month-to-month rise of the annualized pace since last July.
The median price of a single family ...
Posted in Real Estate Terminology | No Comments »
Monday, March 24th, 2008
Included below are update foreclosure lists for California and Hawaii.
Click below for a free list for Orange County REO Report
Orange County REO List
Click below for a list of Notice of Trustee Sales for Orange County
Orange County NTS List
Click below for a list of Notice of Defaults for San Bernardino
San Bernardino ...
Posted in Distressed, Foreclosures, Investing | 1 Comment »
Wednesday, March 19th, 2008
Maybe you've heard of them, maybe not. The name is gaining popularity as more people turn to real estate as an investment. If you've been looking for real estate education, or even been to a "meeting" to learn about Nouveau Riche, you should read this article closely.
What Nouveau ...
Posted in Investing, Lessons, Scams | 24 Comments »
Monday, March 17th, 2008
Here is a Notice of Trustee sale list for Orange County California.
Notice of Trustee sale (NTS) is the stage prior to a home going to foreclosure.
Click on the link to view the list.
You can also find more information about foreclosures and investing here.
Notice of Trustee List
Posted in Foreclosures, Investing | No Comments »
Saturday, March 15th, 2008
A good rule of thumb is to use an indicator called the months of remaining inventory. It's a ratio of homes for sale divided by the number of homes sold. This number gives you an idea of what the current market conditions are like.
So stated in another way, ...
Posted in Investing, Lessons, Real Estate Terminology | 1 Comment »