Category 'California'

Happy Days for Sacramento Foreclosures

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Dips in median sales prices in Sacramento have seen a new low. Compared with Jan 2007, prices have gone down 26.8% till Jan 2008. As compared to the high period of Aug 2005, the dip is 34.6%. According to CBS13.com Sacramento is now facing a new trend. Home owners are going in for what is [...]

Benefit from the Los Angeles Foreclosures

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With President Bush signing the “Mortgage Reform Bill”, help is definitely on the way for people in Los Angeles to either hold on to their homes or buy new homes. Frannie Mae and Freddie Mac, who together handle close to half the country’s mortgages, are to receive relief. An authorization to refinance mortgagees to the [...]

The Long and Short of Long Beach Foreclosures

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Data collected by E-Foreclosuresearch shows that in May 2008 there have been 616 new foreclosures across Long Beach. According to Default Research there has been a staggering increase in foreclosure properties in the last one year in the Los Angeles County; from 4,243 in June 2007 to 12,727 in June 2008. That is a 227.40% [...]

Riverside Foreclosures Flowing Well

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With President Bush signing the “Mortgage Reform Act” a whole lot of people can finally breathe easy. Local communities across the country are to receive $400 billion in Aid to help buy and recover foreclosure homes. Approximately 400,000 people all over the nation are to benefit from this in the form of government supported loans [...]

Glendale Foreclosures Receive a Boost

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Seen as a boon by most, the “Mortgage Relief Bill” has finally been signed by President Bush. Around 400,000 homeowners can now breathe easy with $3.9 billion dollars in grants for local communities to help properties in various stages of foreclosure. First time home owners are to get $7500 as tax credit for homes purchased [...]

There are more than 10,000 Anaheim Foreclosures to invest in

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In June 2008, Hudson & Marshall held a week of Anaheim Foreclosures auctions where the properties sold included single family and multi family homes and condos in Anaheim. The one week long auction featured in excess of 300 homes and the entire event took place at the Anaheim Marriott. The plan was to sell more [...]

California Dreaming in Fresno Foreclosures

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Homeowners facing a threat of foreclosures in Fresno can finally breathe a sigh of relief with President Bush signing the “Mortgage Reform Bill”. This will help people wanting to buy their first home besides saving a lot of home owners from seeing their properties slip away from them. Relief in the form of monetary aid [...]

Fremont Foreclosures – Better Times Ahead

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More than 400,000 homeowners are set to breathe easy with President Bush signing across the dotted lines of the “Mortgage Relief Act”. A $7500 tax benefit for first time home owners with a repayment time period of 15 years is one amongst many other things that the bill brings forth. $3.9 billion dollars in grants [...]

Bakersfield Foreclosures Looking Up

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Approximately 400,000 home owners can breathe a collective sigh of relief with President Bush signing the “Mortgage Relief Act”. Close to $3.9 billion dollars has been put aside to help local communities in buying and re-allocating foreclosure properties. Provisions are also made for the benefit of first time home owners. It is not surprising then [...]

Anaheim Foreclosures

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Wise and knowledgeable investors look for Anaheim foreclosures. The best real estate investors find highly valuable properties at discount prices because they don’t follow the crowd. They first investigate the foreclosure market as it offers the best real estate bargains. The reason for this is that homes in foreclosure are given an attractive price in [...]