Archive for the ‘Real Estate Terminology’ Category
Thursday, May 29th, 2008
Depending on your area, many times it is not that hard to find a great real estate deal. In some areas you’ll see 20 to 50 percent as distressed sales. Even with this type of market, there tends to be an elite class of properties that stand out ...
Posted in Distressed, Foreclosures, Investing, Lessons, Real Estate Terminology, Techniques, buyers | No Comments »
Saturday, May 24th, 2008
When calculating how much home you can afford to buy, lenders use debt to income ratios (DTI) to determine how much you can safely borrow. There are two ratios used; front and back end ratios.
The front end ratio is a measurement of just the total monthly house obligations. ...
Posted in Lending, Lessons, Real Estate Terminology, Techniques, buyers | No Comments »
Sunday, May 18th, 2008
New list of Southern California distressed sales. This post will focus more on bank owned properties (REOs).
Orange County
NOD List
NTS List
Banked Owned
Los Angeles
Banked Owned
Riverside
Banked Owned
San Bernardino
Banked Owned
List Update for May 27, 2008
Posted in Distressed, Foreclosures, Investing, Real Estate Terminology, Uncategorized, buyers, seller's | No Comments »
Monday, May 12th, 2008
Current real estate markets nationwide have created countless opportunities for buyers looking to purchase real estate priced well under market value. Many buyers have turned to short sales, foreclosures and bank owned (REO) properties hoping to be able to purchase real estate for pennies on the dollar. The ...
Posted in Distressed, Foreclosures, Investing, Lessons, Real Estate Terminology, Techniques, buyers | 2 Comments »
Friday, May 2nd, 2008
Real Estate Wiki, the leading free online encyclopedia in the real estate industry, has added significant new copy addressing foreclosure, pre-foreclosures, short sales, auction and bank owned properties.
According to a spokesperson for Real Estate Wiki, foreclosures are of major concern for many Americans at this time. For example, in ...
Posted in Distressed, Foreclosures, Investing, Lending, Lessons, Real Estate Terminology, Techniques, buyers, seller's | No Comments »
Friday, April 25th, 2008
Judicial Foreclosure Available: Yes
Non-judicial Foreclosure Available: Yes
Non-judicial Sale Typically, a title insurance company is named as the trustee to arrange the sale of the real estate.
California is famous for its one-action rule, in which a lender must carefully elect one action to take against the borrower if the ...
Posted in Distressed, Foreclosures, Investing, Lessons, Real Estate Terminology, Techniques, buyers, seller's | 12 Comments »
Friday, April 25th, 2008
Judicial Foreclosure Available: Yes
Non judicial Foreclosure Available: Yes
Foreclosure in Hawaii takes one of two forms: (1) judicial foreclosure by a lawsuit much like any other lawsuit or (2) sale under a power of sale clause in the mortgage.
Preferred Method:
Judicial foreclosure is the preferred method in Hawaii . Although ...
Posted in Distressed, Foreclosures, Investing, Lessons, Real Estate Terminology, Techniques, buyers, seller's | No Comments »
Thursday, April 24th, 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 home sold ...
Posted in Real Estate Terminology | No 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 »
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 »