Tag Archives: Foreclosure
Resource Video: Homeowners Edition
Tips for Homeowners Facing Foreclosure Today’s video centers on the hard subject of foreclosure and what you as the homeowner can do to protect yourself. This informational video provides key points if you are having a hard time keeping up …
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Shorewest Reports: More Buyers Are Returning to the Housing Market
The housing market and the economy took a dive in 2008, where many Americans could no longer afford the mortgage payments on their homes. This resulted in a flood of housing inventory through short sales and foreclosures, with their occupants …
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Foreclosure Rates Fall to 1.9% in Southeastern Wisconsin, Down Nationally
Foreclosure rates continue to decline in southeastern Wisconsin, reaching a new low of 1.93% in February for the Milwaukee region. According to CoreLogic, this is down .7 points from the same month year-over-year. This local foreclosure rate is higher than …
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Shorewest Reports: US Banks Pay $8.5 Billion to End Foreclosure Reviews
The U.S. government currently mandates a case-by-case review of housing crisis foreclosures. Because of the large amounts of homes in foreclosure during the recession, it could take months or even years of waiting for courts to process the paperwork. On …
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Foreclosures Hit 5-year Low
Foreclosure activity hit a 5-year low in September 2012 according to RealtyTrac, a national resource on distressed properties, with only 180,427 filings for the month. Overall, the numbers were down 7% from August and 16% from September 2011. Last quarter …
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What is a Short Sale?
The economy has people looking for ways to save their homes. What if you can’t refinance to make lower payments or can’t sell your home in this market? DON’T go into foreclosure. Try to work with your bank to work …
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