Increase in median home prices – this news is welcome for those home sellers keeping their fingers crossed after listing their homes for sale; not so sweet for buyers sitting on the wall, before taking a final decision in the clumsy market conditions, without any certainty. But what is undeniable fact is – the housing [...]
Alan and Kelley Anderson, Collin County residents filed a lawsuit against CitiMortgage Inc. and Mortgage Electronic Registration Systems, also known as MERS in their attempt to stop a non-judicial foreclosure on their property. The lawsuit was filed on July 23 in Collin County District Court. The defendants removed the case to the Eastern District of [...]
The economic woes of the country are attributed to the unemployment growth whereby the people are left with no money for spending, as they are accustomed to over decades. It may sound odd how such a sudden downfall in their spending habits can occur, but it is the truth revealed by many circumstantial evidences, as [...]
If you go through market reports in the recent months, you will never fail to see that home sales are picking up in many housing markets – particularly Dallas, Austin, Houston, and Irving housing markets in Texas. This is not the case with other prominent locations, which attracted buyers prior to the housing bubble like [...]
Remember last year invariably all the media news columns and market reports were crying about the sluggish real estate markets, with staggering inventories? Slowly, but gradually it seems the scenario is changing – at least in important metros like Austin, Dallas, Fort Worth, Irving and also smaller towns of Texas. Looking back, what made the [...]
Real estate business anywhere in the country is reeling under pressure, because of the weak economy. The national scenario reflected by many housing markets convey the same message of dullness – with minor changes here and there in markets like Dallas, Austin and similar others in Texas. People should have surplus money for investments like [...]
With short sales becoming ever more popular as an alternative to foreclosures, an alarming trend dampens the irrefutable success the process offers all parties. Of course the short sale process requires the approval of the lender. Large portion of the short sales have been severely hampered by lenders failing to respond timely to the short [...]
With the Eureka Short Sale Program the homeowner’s details are withheld from the market while the conditions of the settlements are being negotiated. Subsequently the property will never be marketed as distressed sale; it will be presented to the market based on its features, not on the vulnerabilities of the parties involved. So the Eureka [...]
While Eureka is able to negotiate an agreement with the timely approval of the lender then simultaneously utilize its immense marketing capabilities to off load the property is a tremendous value to a homeowners flailing in financial uncertainty. Since the property is not marketed as short sale it gives an instant boost in marketability. Real [...]
All categories of foreclosure, (freshly instituted foreclosures, foreclosures in progress, and completed foreclosures) experienced solid gains of almost 20% from Q4 in 2009. Clearly the legal system is being tested to the very boundaries of its capacity. With fundamental assistance from the Home Affordable Modification Program (HAMP) loan modifications have increased slightly by approximately 5%. [...]
