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2008 December · The Foreclosure Compendium

Archive for December, 2008

Real estate in Panama provides a safe haven for global investors. Posted By : Property Dubai

Tuesday, December 30th, 2008

Whilst the past few years have seen destinations such as Dubai, Spain, Cyprus and Thailand steal the limelight in the international property investment market, Panama has gradually developed a real estate market which is now proving to be of global interest, as investors seek to capitalise on the considerable prospects which reside in this new […]

Loss Mitigation Process - Using the Skills of an Expert Foreclosure Consultant to Keep Your Home

Tuesday, December 30th, 2008

Professional foreclosure consultants are experts at the loss mitigation process and can save you from having your home seized and sold by the lender. Learning how to stop foreclosure means learning about the loss mitigation process. There are two key elements involved in order to make loss mitigation efforts effective at stopping your foreclosure: prompt […]

Facing Foreclosure? - Consider a Reverse Mortgage

Tuesday, December 30th, 2008

Foreclosures are a huge problem affecting a majority of homeowners. This calls for a measure to be drawn not only to combat this problem but to contain it. Due to the financial crisis faced by many, we have decided to present some possible solutions to deal with foreclosures.
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Washington gets $28 million in fed foreclosure aid - Seattle Post Intelligencer

Tuesday, December 30th, 2008

Washington gets $28 million in fed foreclosure aidSeattle Post Intelligencer -1 hour agoAP The Department of Housing and Urban Development is distributing nearly $4 billion nationally through its Neighborhood Stabilization Program. …State will have latitude in using housing fundsDenver PostOhio to get funds to combat foreclosuresDayton Daily NewsFeds OK money plans for affordable housingAtlanta Journal ConstitutionPhiladelphia […]

‘Trash-out’ firms clean up in foreclosure biz (USA Today)

Monday, December 29th, 2008

Joe Cino used to buy and sell real estate. Two years ago, while he was looking for foreclosed properties, he came across an advertisement for foreclosure cleaning businesses.
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Supv Nolan announces availability of foreclosure & homebuyer counseling (Babylon Beacon)

Monday, December 29th, 2008

Islip Town Supv. Phil Nolan has announced the availability of free foreclosure and homebuyer counseling by the Long Island Housing Partnership.
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HUD approves $28 million in Fla. foreclosure help - The Associated Press

Monday, December 29th, 2008

HUD approves $28 million in Fla. foreclosure helpThe Associated Press -1 hour agoAccording to RealtyTrac, the Cape Coral-Fort Myers area was first in November foreclosure-related filings, with one in every 59 housing units receiving one.

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Foreclosures Offer New Opportunities

Monday, December 29th, 2008

Foreclosures are being considered “golden opportunities”, according to a recent report. Foreclosure.com Mid-year Analysis indicates that roughly 30% of foreclosure inventory is exchanging hands every month.
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Top Luxury European Properties in Algarve, Portugal: Property Investments in Algarve Posted By : Vikram kuamr

Monday, December 29th, 2008

Portugal is one of the most beautiful places in the Mediterranean. It is officially called the Portuguese Republic and is bordered by the Atlantic Ocean towards the south and the west and Spain towards the north and the east.
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Short Sales - What Are They, and Why Do Lenders Accept Them?

Monday, December 29th, 2008

In a nutshell, a short sale opportunity is created when the loan and lien amounts on a property total more than what the property can be sold for. Or in other words, The Fair Market Value of the home. Also the lender has to agree to sell the property at a substantially discounted amount from […]