Foreclosure in Queens : Advice

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Manu Kapoor, Real Estate Pro in Queens, NY
In August the nation's mortgage loan delinquency rate increased nearly 5% over the previous month to its highest level since February, according to Black Knight Financial Services. Inventory rose by 146,000… Read more
Blogged Fri Sep 26, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
An improving economy and better execution of loan modifications have meant fewer redefaults on restructured mortgages, the Office of the Comptroller of the Currency said Thursday. The OCC's Mortgage Metrics… Read more
Blogged Fri Sep 26, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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JIM TURANO, Real Estate Pro in Middle Village, NY
Recent Article in the Queens Chronicle,May 8th "Four Real Estate tips for Buyers!My comment is from 35 years of experience in the Business.One fantastic tip for all Buyers-Bank Owned Properties, Short… Read more
Blogged Fri May 9, 2014 by JIM TURANO Home Buying Foreclosure Home Ownership
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Manu Kapoor, Real Estate Pro in Queens, NY
The Truth About NAR’s Home Sales Numbers The National Association of Realtors (NAR) released their latest Existing Homes Sales Report last Friday. The year-over-year comparison of overall sales did not… Read more
Blogged Sun Mar 30, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Foreclosures, Delinquencies Fell in February Foreclosures and home loan delinquencies dropped in February while the refinancing slowdown continued, according to a monthly report from Black Knight Financial… Read more
Blogged Mon Mar 24, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Significant Progress Made for Negative Equity Homes Nearly four million homes last year returned to a position of positive equity, leaving about 6.5 million upside-down, CoreLogic reported Thursday. As… Read more
Blogged Mon Mar 10, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Foreclosures Decrease as Market Recovers DataQuick revealed its monthly Property Intelligence Report (PIR), showing that foreclosures have decreased in 31 of the 42 reporting markets over the last month,… Read more
Blogged Sun Mar 9, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
12.2M Homeowners Underwater  The national negative equity rate continued to drop in the second quarter as home values marched upward. Zillow's most recent Negative Equity Report shows approximately 12.2… Read more
Blogged Sat Mar 8, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Home Price Growth Slows  An early look at housing data in February shows a severe slowdown in home price growth as distressed sales activity grows stronger. Clear Capital released earlier this week its… Read more
Blogged Sat Mar 8, 2014 by Manu Kapoor Home Buying Foreclosure Investment Properties
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Manu Kapoor, Real Estate Pro in Queens, NY
 Incentives to Purchase REO Properties Fannie Mae announced Thursday that homebuyers can now receive up to 3.5 % in closing cost assistance. The help is available within the FirstLook period of Fannie… Read more
Blogged Tue Feb 18, 2014 by Manu Kapoor Home Buying Financing Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Reduce Foreclosure Timelines – A New Analysis Oversite Data Services, a national provider of docket-based legal compliance and management solutions, released a white paper Tuesday that demonstrates how… Read more
Blogged Tue Feb 18, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
BOA slashes more mortgage jobs Bank of America has slashed still more mortgage jobs, according to a St. Louis Post-Dispatch report.  The lender laid off about 280 mortgage employees in the St. Louis area… Read more
Blogged Sun Feb 16, 2014 by Manu Kapoor General Area Financing Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
HOPE NOW Completes 768,000 Modifications HOPE NOW, a voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers, and non-profit counselors, released a press release Thursday… Read more
Blogged Sun Feb 16, 2014 by Manu Kapoor General Area Market Conditions Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Foreclosures Rise in January RealtyTrac released its U.S. Foreclosure Market Report for January, 2014. The report noted an 8%  increase of reported properties from the previous month, citing 124,419 properties… Read more
Blogged Sun Feb 16, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Decline in Foreclosures Outpaces Decline in Loan Modifications An estimated 44,000 homeowners received permanent loan modifications from mortgage servicers during the month of November under both proprietary… Read more
Blogged Sun Feb 16, 2014 by Manu Kapoor Market Conditions Home Selling Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Despite Fewer Foreclosure Starts, Distressed Sales Rose in 2013 Despite declining foreclosure starts over the year, distressed sales made up a higher percentage of overall home sales in 2013 than they… Read more
Blogged Thu Jan 23, 2014 by Manu Kapoor General Area Home Buying Foreclosure
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Manu Kapoor, Real Estate Pro in Queens, NY
Underwater Residential Properties Dropping The number of homeowners deemed to be deeply underwater has been dropping in the last 12 months, but 19% of all properties with a mortgage accounted for this… Read more
Blogged Thu Jan 23, 2014 by Manu Kapoor Home Buying Home Selling Foreclosure
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