Home Foreclosures Knowledge Base
Home foreclosures? Hi. I am new to the home buying market. I have been searching for a home or a lot now for a few months and just recently I was told to search the foreclosures for a good deal. I live in Maine. Does anyone have any advice as to who i should talk to in my area about home foreclosures? Thanks James
home foreclosures? where can i get alist of foreclosures in new jersey for free? is that possible
Home Foreclosures? How possible is it really for a person to find a 3 bedroom 2 bathroom home for under 80k in todays market? In a area such as Port St. Lucie, Florida.
How Many Home Foreclosures Has President Obama Prevented? Thanks to President Obama, home foreclosures are at an all time low and falling by the minute. President Obama has saved and created millions, upon millions of jobs, created great wealth and the strongest dollar we've seen since Woodrow Wilson created the Fed and IRS. Skyrocketing food and fuel is a thing of the past and the United States is now admired and respected by the entire world. Since my Christian conservative mind is far too feeble to understand accounting methodology used to count jobs saved and created, can liberals tell me the actual number of people losing their homes to foreclosure that would have happened, had President Obama not pulled us from the brink?
If everyone in America were atheists, would it solve the problem of home foreclosures? How about if everybody in America belonged to your religion, whatever it may be? Would there be no home foreclosures then? I'm asking partly because of this recent quote from a financial web site, quoting the secretary of the U.S. Department of Housing and Urban Development, Steve Preston, as saying: "We expect to see more than 2 million foreclosures this year" (2009) If all Americans stopped believing in God -- or if we all gave our lives over to Jesus, if you prefer - could those 2 million anticipated home foreclosures be avoided? Why or why not?
Is there a free way to find listings of home foreclosures in my area? I live in the Metro DC area (Suburban Maryland) and I want to find homes that are in foreclosure. I know there are alot of home owners with subprime loans that purchased more home than they can really afford. Many of those loans are resetting at rates these people can't afford. Is there a list of home that are about to be or are currenlt in foreclosure? Is there a free database with this info?
Where can I find home foreclosures for free on line? I live in Ohio and am looking to purchse a home. I've been trying to find repossed of foreclosed homes on line but all the sites I find want me to pay a subscription or member fee. There has to be public records somewhere. Any suggestions would be great!
Web Sites for home foreclosures in West Virginia? Are there any websites out there that lists foreclosure homes that are actually free. I do not use a credit card on line and when I go to these web sites that indicates they are free, but they want a credit card to give you the full information. I would just like to find a web site that is actually free.
Who's responsible for the mass number of recent and upcoming home foreclosures? A significant number of people that don't qualify for traditional home loans accept subprime loans to get into a home of their own, often without understanding that their mortgage will jump dramatically. Lenders, on the otherhand, are making loans to people that can barley make the starting mortgage and will find it almost impossible to make the payment once the mortgage increases. Many people got into these loans with the expectation that the value of their home would increase and they could refinance, but in the current cool market it's nearly impossible to refinance. Again, who's to blame? A person for taking the loan they can't afford or the lender that knows that the family will probably lose the house?
Why are there so many home foreclosures? I've been reading about how there's a real big problem these days with people losing their homes? I'm sure that sudden unemployment or over-spending might account for some of it, but there must be some other reason. Is it the type of mortgage they are in? Like an A.R.M? How dangerous are they? Thanks!
Is there any way to find home foreclosures for free? I am trying to find a website that has complete foreclosure listings for free. Every time I look on the web the foreclosure sights say the listings are free, but in order to look into this any further you have to pay a fee with a debit or credit card. Is there any sight that truly is free? A sight that will give you addresses without having to pay? Thanks for answering if you can!
Home foreclosures are up, is Bush to blame? They are now saying that next year foreclosures will be at an all time high. And its bush's Fault. What kind of idiocy is that. There are a number of reasons why, #1 we just went through 20 years of a mega housing boom, the last 10 years being phenomenal. It only makes sense that with the rise in home ownership eventually you would have a rise in forecloseurs. 2. Also, too many Americans bought houses they could not afford. Add on top of that all the debt they piled up buying even more stuff they could not afford, and you've got a recipe for a royal financial mess. Why thank you royal_fic.
Legal question regarding home foreclosures? Her home was going into foreclosure and she found out that she was able to sell a piece of land to catch up on her debt to the mortgage company. She is only $4000 behind in payments and the sale of her land is worth $20,000. Any additional money made through the sale is going to the principle on the house. Does this seem right?
Questions about buying a specific home and foreclosures? My grandmother's home has just been sold. This home has a lot of sentimental value. While I know there is no way that I could persuade the new owners to let me have the home, I am praying that someday in the future this home will be up for sale again and I would be able to buy it. I'm only 22 Let's say this were to happen. From now until then, what would be the best way to save the money quickly to put a downpayment on the home? I started thinking about buying a foreclosed home in the area in a year from now, but I don't know anything about foreclosures. All I know about real estate is that if you buy a home and eventually sell it, you will most likely profit from the sale. Could someone advise me about foreclosures (in layman's terms, since I don't know real estate lingo)? And has anyone ever heard of an actual case where this actually happens (my scenario that is)? I know this is a crazy pipe dream, but I feel like this home needs to belong to a family member, maybe me I want everyone to know that while I'm only 22, I feel like I would be financially responsible enough to handle this kind of a situation. It requires lots of sacrifice financially, and if that means I only provide myself with essentials to live, then so be it. I have dreamt about having this home since I was a little girl. I can't see it belonging to a stranger. It has already been very hard on my grandmother, as she is moving out of there because she cannot keep the house up, not because she wants to leave.
I need 5 Questions about home foreclosures? I have to write up a survey with at least 5 questions Regarding foreclosures and effects on our families and lives. I would appreciate some great questions for my survey. Thanks It's for my sociology class project and I'm going to be passing out these survey's to people at work. Thanks
Where can I look at home foreclosures? I am a first time home buyer and cannot find a house I like for the right price. I have asked my realtor how to look at foreclosures in my area and she said she didn't know how. I don't mind paying a little bit if I get to look at these foreclosed homes either online or in person, in detail, before taking any action on buying or getting an inspection. Someone said my bank would give me a list for free, but they said they couldn't.
are foreclosures a scam or can you really purchase a home that way? I don't have a lot of money to make large monthly payments but I would rather own then rent. So, I was thinking of purchasing a home that is in foreclosure because the monthly payments will be affordable since the dollar amount is lower. Can something like that really be done?
First time home buyer looking at foreclosures? I am first time home buyer looking for a home. I am a single parent and the only thing in my budget are foreclosures. All of them I have looked at seem to be in good condition. Not sure if this is a smart way to start when my finances are my biggest concern.
Looking for a home in the South Bay, foreclosures, Los Angeles? I live in West LA and rent is going through the roof, I work in the South Bay but have no idea about the cities around there. My wife and I are looking to purchase a home there. I hear Torrance is nice, but too expensive. I also hear "parts" of Gardena, Lomita, San Pedro and Long Beach are nice, but how do I know which "parts?" Any zipcodes would be nice. I also would like a city with decent schools, my wife and I are planning to start a family soon. Thanks for any help.
Concerning home foreclosures question? If I understand this, the government is now stepping in and helping out by lowering interest rates, and other things. This is for people to be able to keep their homes. My question is this...What about the people who have ALREADY lost their house? Are they going to be getting any help to get their home back, or are they just going to be out of luck? Thanks.
Does the remarkable home foreclosure rate indicate a hidden problem in the economy? For the record, I have an MBA from a top 10 bus. school, and, a professional career in financial management. I am no chicken little the sky is falling thinker. This is an issue that is troubling and interesting. 180,000 foreclosures reported in July, 93,000 in that same month one year ago, and that, was considered a high mark. We are approaching some 2 million foreclosures a year quickly. To put this in perspective, there are about 100 million households in the U.S., with about 60% of those, owning homes. This means that more that 3% of households will forclose on their property, PER YEAR! Could we be looking at the foreclosed home generation? I am not indicating that the government should bail people out of their losses, rather, wait is the problem underlying the issue? Predatory lending or wacky ARMS might be a contributo, but, they are but a small piece of lending, with 10 - 20 down with a fixed mortgage of 30 years, still, the average, the norm. What's going on? Let me know if you have any data concerning contributing factors to this issue.
need advice on first home, taxes, foreclosures,etc? I am considering buying a fixer-upper, I would live there and do the work myself, I would like to sell it within a couple years for a profit, Isn't there a tax break if you live in the home for so long? Are foreclosures a good idea for what I am looking for, any other advice will be greatly appreciated
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