Buying a Short Sale: 4 Tips to Make Yours the Winning Offer
Looking for a bargain on a home? Consider buying a short sale. Learn how to make an offer on a short sale that will set you apart from the competition.
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Hermitage facing foreclosure
ByadminThe same day the Hermitage Club announced that a long-time official at the company would take the helm, the town received a bank's foreclosure complaint on a number of properties. “This was fully expected and it is the next logical step in a process that will assist to bring all parties to the table to…
Opinion: As new development attracts new people, Detroit officials…
ByadminIn Detroit, there appear to be competing metrics. On the one hand, the editorial pages of Detroit's newspapers and business magazines jubilantly tout the flurry of new businesses, stadiums, and construction projects – almost all of which are subsidized by public, taxpayer dollars – in the newly minted “7.2,” or the number of square miles…
Big investors are valuing homes with a method outlawed for everyone…
ByadminBig investors are valuing homes with a method outlawed for everyone else after the housing crash – and the SEC is asking questions Large investors are increasingly using so-called broker price opinions to value and purchase thousands of homes on the brink of foreclosure. A method of valuing homes that was outlawed for most people…
Homes sales continue upward trend on Peninsula
ByadminDespite 200 fewer homes on the market, Peninsula home sales increased 4.6 percent in May compared with the same time last year, according to the latest report. About 93 percent of the 727 Peninsula homes sold were existing resale homes, according the Real Estate Information Network Inc. in Hampton Roads. Foreclosure News
The Latest: Official: California fire losses top $1 billion
ByadminCalifornia's insurance commissioner says preliminary estimates of losses from the state's recent siege of wildfires exceed $ 1 billion and that the figure is expected to rise. Commissioner Dave Jones told reporters in Los Angeles Thursday that the estimate comes from the eight largest insurers in the affected areas. Foreclosure News
Existing Home Sales Post Largest Gains Since 2015
ByadminExisting home sales pulled off a hat trick in November, and the third successive monthly increase was a substantial one. The National Association of Realtors says sales rose 5.6 percent from October to November, reaching their strongest pace in nearly 11 years. Foreclosure News