Foreclosure in Columbus : Blogs

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Brad Brandt, Real Estate Pro in 43065
What You Should Know Before Buying A Foreclosure Home - As a buyer, you want to get the“best deal” on a home and have been turning towards foreclosures because they are under the impression they… Read more
Blogged Tue Aug 12, 2014 by Brad Brandt Home Buying Foreclosure How To...
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Judy Gang, Real Estate Pro in Pickerington, OH
Tips for Successfully Buying a Foreclosure - Buying a foreclosure can be an intimidating process.  Will you be able to make better financial decisions than the previous home owner?  Will the house… Read more
Blogged Mon Mar 31, 2014 by Judy Gang Foreclosure In My Neighborhood Property Q&A
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Art Travis,C…, Real Estate Pro in Columbus, OH
The process of buying a home can be daunting and confusing, regardless of whether you’re a first time homebuyer or an experienced homebuyer. Here are the steps you need to take to buy a home in 2014…1.… Read more
Blogged Fri Feb 7, 2014 by Art Travis,CRB Home Buying Foreclosure Investment Properties
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Teresa Butler, Real Estate Pro in Gahanna, OH
The foreclosure picture is improving across the country. Completed foreclosures fell in December by 14 percent compared to a year earlier, according to new data by CoreLogic. What’s more, the national… Read more
Blogged Thu Feb 6, 2014 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
Short sales are on the decline, as home prices inch up and more home owners stay current on their mortgages. Daren Blomquist, vice president at RealtyTrac, says short sales started to trend lower in the… Read more
Blogged Tue Feb 4, 2014 by Teresa Butler Market Conditions Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
As the foreclosure crisis continues to recede, some parts of the country remain at elevated levels. Five states now account for nearly half of all the completed foreclosures in the nation —Florida,… Read more
Blogged Mon Feb 3, 2014 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
While foreclosures have fallen by 26 percent nationwide in the past year, Florida continues to be a hotbed for foreclosures, according to recent data from RealtyTrac. Among the top 10 cities with the… Read more
Blogged Thu Jan 23, 2014 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
Last year, the foreclosure crisis began dissipating. Foreclosure filings -- including default notices, scheduled auctions, and bank repossessions -- were down 26 percent in 2013 compared to 2012, and were… Read more
Blogged Tue Jan 21, 2014 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
Several myths persist about short sales. Tracy Mooney, senior vice president at Freddie Mac, dispels some of the following common myths on the mortgage giant’s blog, including: Myth 1: “A… Read more
Blogged Tue Jan 21, 2014 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
Shadow inventory -- also often known as “pending supply” -- dropped to the lowest level since August 2008, to 1.7 million homes, CoreLogic reports in its latest report. The shadow inventory… Read more
Blogged Tue Jan 21, 2014 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
The National Association of REALTORS® recently reported that foreclosures nationwide sold for an average discount of 17 percent below market value in November. But in some places, the discounts… Read more
Blogged Tue Jan 21, 2014 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
Banks are trying to capitalize on rising home prices by selling seized homes more quickly. States with some of the largest backlogs of foreclosures are seeing an upswing in properties that are moving to… Read more
Blogged Tue Jan 21, 2014 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
Foreclosures are falling, but they still remain a problem in some pockets across the country. Foreclosure activity in November was found to be the highest in the following states, according to RealtyTrac: Florida:… Read more
Blogged Tue Jan 21, 2014 by Teresa Butler Foreclosure
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Anita Graves, Real Estate Pro in Columbus, OH
Because of today’s extremely low interest rates, now is the best time to buy a home. But the supply is limited, and the demand is growing. So how can you, as a buyer, increase your odds of… Read more
Blogged Tue Oct 16, 2012 by Anita Graves Home Buying Foreclosure Investment Properties
Teresa Butler, Real Estate Pro in Gahanna, OH
Freddie Mac and Fannie Mae announced a holiday moratorium on all foreclosed single-family homes that the mortgage giants own or guarantee, suspending all evictions between Dec. 18 and Jan. 3. Processing… Read more
Blogged Mon Dec 16, 2013 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
Though foreclosures have fallen nationwide, one housing sector has seen a big increase: ultra-high-end homes. Foreclosure activity on homes valued at $5 million or more has soared 61 percent since October… Read more
Blogged Mon Dec 9, 2013 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
Those who lost their home due to financial hardships may get another shot at being home owners again soon. The Federal Housing Administration recently announced that they would shorten the waiting period… Read more
Blogged Mon Dec 9, 2013 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
As home prices rise, lenders are showing less willingness to grant short sales, RealtyTrac reports. The number of short sales has been gradually dropping the last few months. Short sales represented… Read more
Blogged Mon Dec 9, 2013 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
When helping struggling home owners, principal reductions on mortgages tend to help them avoid foreclosure more than reducing the interest rates on the loans, according to analysts at Standard & Poor’s… Read more
Blogged Mon Dec 9, 2013 by Teresa Butler Foreclosure
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Teresa Butler, Real Estate Pro in Gahanna, OH
National foreclosure pre-sale inventory is at its lowest point since 2008, Lender Processing Services reports. The inventory—which reflects the number of loans that are in some stage of fore… Read more
Blogged Mon Dec 9, 2013 by Teresa Butler Foreclosure
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