Sentences with phrase «to foreclose the home»

Prosecution of the Brooklyn Democrat was originally based on a charge he embezzled funds he received for serving as a referee for the sale of foreclosed homes in Brooklyn.

Married couples have tended to put off expanding their families when they see friends and neighbors being laid off and a greater number of foreclosed homes in their neighborhoods.

There is a bevy of foreclosed homes for sale in the United States, and these can serve a lucrative investments for investors willing to put forth the time and money needed to flip a home.

His representations in this area have included clients who purchased foreclosed homes at Sheriff's Auctions.

Well - known government agencies with foreclosed homes for sale include the Department of Housing and Urban Development and the Department of Veteran's Affairs.

In recent years, private investment firms sold foreclosed homes on high - interest installment contracts to poor Cincinnati residents who could not get traditional bank mortgages.

According to a recent report aired on CBS News program 60 Minutes, as foreclosed homes flood the market...

As HUD secretary, Cuomo chose Auburn and Syracuse as «Good Neighbors Program» revitalization areas, allowing teachers, police officers and corrections officers to buy foreclosed homes at a 50 percent discount.

A moratorium on all foreclosures could cause home sales to plummet, as mortgage lenders can not sell foreclosed homes until they acquire the title through a sheriff's sale or public foreclosure auction.

Independence Realty is the exclusive realtor who handles Kent County Land Bank Foreclosed homes.

Development opportunities are plentiful, with many foreclosed homes in excellent locations needing rehab & repair but returning excellent equity and returns once done.

That said, if you can possibly help it, stay away from foreclosed homes until the scene shakes out a little bit.

As more foreclosed home owners seek a new residence, the rental market continues to soar as vacancies shrink and rents rise, a new study finds.

Online and Direct sale of residential as well as commercial real - estate, Specializing in bank owned foreclosed homes.

If more foreclosed homes come up for sale that may provide an opportunity for some institutional investors to resume buying.

From the Great Depression of the 1930s to the Great Recession of the 2000s, one of the signature traits of financial crises is the trail of foreclosed homes when people can not keep up with their mortgage obligations.

A new FHFA policy allows previously foreclosed home owners to buy back their homes, but the switch may not benefit every market.

Fannie Mae temporarily offers 3.5 % in closing cost incentive to home buyers purchasing a Fannie Mae HomePath eligible foreclosed home.

JPMorgan also is scheduled to get credit for demolishing foreclosed homes to reduce urban blight.

Agreeing to write off less than the estimated amount and save the time and expense associated with foreclosing home loans.

Of particular concern to home builders: the impact that appraisals in deals involving foreclosed homes, short sales and distressed real estate has had on the real estate market, particularly when appraisers use these properties as comparables for brand new homes — doing so, brings down the appraised value of the new home unfairly and inaccurately.

Home mortgage interest rates have never been lower, foreclosed properties are available for bargain prices, special grant programs even pay down payments and on - line tools let you shop for foreclosed homes across the country.

I have gone in plenty of foreclosed homes where the owner has taken out their anger on the home.

The number of available foreclosed homes is a serious drag on home prices and new home sales.

The report also surmised that «the overhang of vacant units for rent, for sale, or held off the market (including foreclosed homes) is another serious concern.»

Establishing credibility with banks also gives salespeople a chance to sell other foreclosed homes for the same lender.

«Vacant foreclosed homes tarnish neighborhoods and communities and leave neighbors living on these streets with no recourse,» Higgins said.

Dozens of foreclosed homes still sit empty around the City of Poughkeepsie while homelessness is on the rise.

Foreclosed homes often are sold for a great deal less than the original cost of the home because the bank wants to stop paying to maintain the property.

Subprime loans and individuals who could not afford the loans that they received led to a flood of foreclosed homes entering the market, causing housing values to plummet.

Large numbers of foreclosed homes hitting the market could drive prices down.

Additionally, the number of foreclosed homes coming to market has dropped significantly.

The discount on foreclosed homes compared to other homes has fallen to a 12 percent average, according to Diggle.

In the rental market, The Times found, other big private equity firms largely bypassed the nation's poorest neighborhoods as they scooped up and renovated foreclosed homes across the country.

What's a bit more apparent is that there are fewer REOs hitting the market (REOs are foreclosed homes taken back by the banks).

The increase follows a 0.8 % rise in May and a 0.5 % increase in April, the company's residential price index that covers existing and new home sales, but excludes foreclosed homes shows..............................................

States where a foreclosure is possible without a court order have seen their inventories of foreclosed homes fall as investors have snapped up homes to convert them into rentals or to resell them.

Florida also has a large number of «zombie homes,» which are abandoned, unsold foreclosed homes.

It can help to understand how foreclosed homes end up in auction.

Good foreclosed homes are merely houses that have sat empty and neglected for months, with dead lawns, peeling paint and other relatively minor problems.

Banks will now allow local governments and non-profits the ability to buy foreclosed homes before they are sold to private investors.

Foreclosed homes blight neighborhoods, encourage crime, reduce home values, and cause losses of local property tax revenue.