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What caused the increase in foreclosures ?

Renting & Real Estate 5 Comments »
foreclosures
Bj T asked:


I don’t understand why people are complaining about this and why our government have to bail these people out. Most of my family are middle class people and they did not experience this because they were responsible. I am thinking it is the these peoples fault who failed to plan properly not the tax payers
The banks are there to make money. Loans are not free, people know but they always seem to have a false sense of security. It is the mostly the burrowers fault not the lender. No one can force you to get something you dont want or cant pay.That is why we have to sign contracts.


August 11th, 2008 |

Tags: Banks, Foreclosures, Sense Of Security, Tax Payers




Did George Bush create a new law regarding foreclosures?

Renting & Real Estate 2 Comments »
foreclosures
emartel01 asked:


I wanted to know if George Bush created a law regarding foreclosures on homes. I heard he gave a 90 day waiting period for homeowners and banks to work something out. Is this true? If so please explain.


August 11th, 2008 |

Tags: Banks, George Bush, New Law, Waiting Period




foreclosures?

Renting & Real Estate 6 Comments »
foreclosures
fiasco007 asked:


Can you really get forclosed homes for pennies on the dollar?


August 8th, 2008 |

Tags: Forclosed Homes, Foreclosures, Pennies On The Dollar




What are the benefits or drawbacks to expanding my home search to include FSBOs and foreclosures?

Renting & Real Estate 4 Comments »
foreclosures
survivalist asked:


How does the buying process for foreclosures or FSBOs differ from homes sold by agents?


August 6th, 2008 |

Tags: Buying Foreclosures, Foreclosures Homes, Fsbos, Home Search




Foreclosures: How to purchase in California -Step by Step?

Renting & Real Estate 5 Comments »
foreclosures
Jain D’ Vine asked:


How can a lay person inform themselves on How to purchase a foreclosure property in the State of California–Who is the best person to assist–Realtor; Broker; Attorney; Candlestick maker? Where is legitimate information available?


August 5th, 2008 |

Tags: Foreclosure Property, Foreclosures, State California, State Of California




Foreclosures and Declining Home Values are out of control. What is the best manner of surviving this era?

Renting & Real Estate 2 Comments »
foreclosures
criolla80 asked:


I agree..sitting on your property is probably the best thing right now.


July 30th, 2008 |

Tags: Control, Era, Foreclosures, Home Values




What banks were NOT involved in subprime lending, & are strong enough to withstand pressures of foreclosures?

Renting & Real Estate 5 Comments »
foreclosures
walkathisway asked:


Do you know where I can find a list of banks that were not involved in subprime lending fiascos? Thanks


July 20th, 2008 |

Tags: Foreclosures, List Of Banks, Subprime Lending




What is a good website for locating Indianapolis/Marion Co. foreclosures for sale?

Renting & Real Estate 2 Comments »
foreclosures
sigtauslimer asked:


I’m in the market to buy a home for the first time, and while looking I was told to also include some foreclosed homes. Unfortunately, I’m having trouble locating a suitable website that focuses on this area and solely has foreclosures.


July 18th, 2008 |

Tags: Foreclosed Homes, Indianapolis, Marion Co, Suitable Website




How do foreclosures and defaults work?

Renting & Real Estate 5 Comments »
foreclosures
Hakuna Matata asked:


As far as I understand if a home owner misses 2 or 3 mortgage payments, his property is put on the county notice of default report. At that point the owner has 2 or 3 months to start making payments. If no payments are made, then the property is up for foreclosure and will be put on the auction. Is this correct? Do I have to pay cash on the auction?


July 12th, 2008 |

Tags: Auction, Default Report, Foreclosures, Mortgage Payments




What are the main reasons for home foreclosures ?

Renting & Real Estate 7 Comments »
foreclosures
scoobyjim44 asked:


retiring in two years, best time to buy while market is down ?


July 7th, 2008 |

Tags: Best Time, Home Foreclosures




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