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California Foreclosure Report Notes Big Lender Discounts In November
ForeclosureRadar today issued today its California Foreclosure Report which showed a total of 12,282 properties with a loan value of $4.91 Billion dollars sold at auction in November. In addition to a review of foreclosure stats and county rankings, the California Foreclosure Report notes a significant rise in lender discounts at the foreclosure auctions. This is an important precedent not only for investors, but for Realtors working to get short sale and REO offers approved. (PRWeb Dec 14, 2007)
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Freezing Mortgages or Freezing the Real Estate Market?
Eli Tene, the President of I Short Sale, Inc., a leading nationwide loss mitigation service provider, believes that the mortgage freeze plan is just another sign that the administration does not have the necessary tools to deal with a crisis. "If the goal is to help distressed homeowners, the mortgage rate freeze is missing the target," says Tene. (PRWeb Dec 13, 2007)
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Fierce Winter Weather Extends Scariest Utility Bill Contest
JELD-WEN awarding new ENERGY STAR Windows and Doors designed for energy efficiency to homeowners spooked by winter temperatures and higher utility bills. (PRWeb Dec 14, 2007)
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The buy-to-let conundrum
The woes of Paragon, the buy-to-let loan specialist, are likely to make mortgages for budding landlords more expensive. But it is far too early to call time on the sector as a whole, writes Paul Farrow.
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Mortgage borrowers: a survivors guide
The cost of mortgages has been rising for several months but there seems little respite. So what can homeowners do to alleviate the potential problems?
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