“Sales are probably not going to rebound any time soon because the mortgage conditions continue to get tighter,” Mr. Gault said. He said that the excess supply meant that “prices have still got to come down some more.”
Home sales have begun to stabilize as sharply reduced prices lured buyers back into the market in July, […]
Entries Tagged as 'Foreclosure Information'
Home Prices Still Falling, but the Pace Is Slowing
August 26th, 2008 · No Comments
Tags: Foreclosure Information · Mortgage Notes · Mortgage Refinancing
Mortgage Bailout to Help All Homeowners
July 28th, 2008 · No Comments
If you are ignoring the housing bailout bill because you think it benefits only troubled homeowners, you may miss out on a windfall. The bill, expected to be passed by the Senate in the next few days and then signed by President Bush, does offer incentives to certain overextended borrowers and their mortgage lenders.
But it […]
Tags: Avoiding Foreclosure · Foreclosure Information · Military and Veteran Mortgages · Mortgage Legislation
Foreclosure Actors: Who You May Hear From When Facing Foreclosure
May 25th, 2008 · No Comments
As soon as word gets out that you’re facing foreclosure you may be contacted by a number of different players in the industry. Here is a breakdown of some of some of the type of folks you may hear from:
Your Lender. Especially if you have a government backed mortgage, you may be offered multiple ways […]
Tags: Foreclosure Information · Foreclosure Statistics · Mortgage Scams