Wherever there are opportunities existing lenders and underwriters would not let go the chance of milking an extra measure from prospective home buyers. They are not to blame, because they are operating on a difficult ground of bleak real estate business, compared to what they were used to, prior to the mortgage crisis. This has [...]
The down-turned economy has inflicted innumerable woes to the Texans, but it should be thanked for the change of mind-set – waking up to the realities of life and changing attitudes from extravagant spending to thrift and saving for the future. This is evident from the latest survey conducted among home buyers, which shows a [...]
Texas shows the way to others as how to come out of the ongoing real estate crisis and its most growing Collin County has managed the budget deficit, arising out of the much-talked about thinning property tax revenues. It has become a contagious issue that the housing bubble has impacted on the home values, to [...]
Texas is the State seen as a progressive one in the lead, towards faster recovery from the real estate gloom by industry experts. While many of its metros are wading through the glut of foreclosure homes for the last few years – Dallas seems to be struggling with the problem of condos available for sale [...]
Across the country the foreclosure activity position is still fluid without grips to judge which way all the housing markets are heading. In Dallas-Fort Worth area also the reduced number of foreclosure filings during the first half year of 2010 kept analysts and market watchers guessing. If you see the statistics during the first six [...]
It is an acceptable fact that real estate activities hinge upon wealthy economy. Home buying and selling are not everyday affairs in people’s life and they involve money in sizeable volumes. We have seen when U.S. economy was the leader to be emulated by world-countries, the real estate business was flourishing like anything and when [...]
Although the housing market and the Texan economy gives positive signs for recovery, a recent report published by the Mortgage Bankers Association show that the second quarter is registered more Texan homeowners who fall behind with their mortgage payment. They registered 9.28% Texans with loans who had late payments, which is up from 8.77% in [...]
After two weeks of a Fox 4 investigation, the Texas Attorney General file a lawsuit against a mortgage servicing company in Dallas. The lawsuit documents say the company is accused American Home Mortgage Servicing Inc. of aggressive and unlawful tactics to collect mortgage payments from Texas homeowners. One of the hundreds of Texas consumers who [...]
It seems like the housing market isn’t recovered yet: after three whole months of declines , the North Texas foreclosure filings are on the rise. There are around 6,000 Dallas Forth North homes threatened with foreclosure in September. This number means an 18% up compared to this period in 2009, according tot Addison-based Foreclosure Listing [...]
