The beginning of 2010 seems to hold some good news for long suffering homeowners across the US. Statistics released by Bank Foreclosure Sale indicate that the rate of new foreclosure listings has shown a notable decrease in January. Is it possible that short sales and foreclosure figures in the residential market may be stabilizing. The [...]
The Home Affordable Modification Program (HAMP) has come under fire recently for what observers call its "total failure" to attain its goals. Federal Deposit Insurance Corporation (FDIC) chairman Sheila Bair begs to differ though. She has gone as far as to call the program the "most ambitious mortgage modification effort ever undertaken". In the face [...]
Some 2,700 Florida homeowners have recently received a collective payout of almost $17 million dollars as settlement in one of America’s biggest predatory lending cases. Countrywide Financial borrowers benefiting from this settlement will each received payouts of just over $6,000 from the lender which will, no doubt, go a long way to providing relief for [...]
Short sale transactions are traumatic and unpleasant events but can be the straw that saves many drowning homeowners. What happens though, in short sale and foreclosure cases where the lender still goes after the homeowner after the sale has been concluded? This was the case for one Fredericksburg resident who, after the successful conclusion of [...]
The implosion of the residential property market has spread a pall of doom over the lives of millions of homeowners and it is often impossible for many to see any light in the resultant financial gloom. Fortunately for some who have come to accept terms such as short sale and foreclosure as part of their [...]
In an attempt to institute actions to mitigate the present nationwide tidal wave of residential foreclosures and measures to prevent the recurrence of the phenomenon the US Department of Housing and Urban Development (HUD) has released a report to congress outlining these recommendations. According to the HUD report one of the biggest contributors to the [...]
Yes – there can be no better timing as of now, to get out of your impending foreclosure, by selecting the escape route of Short Sales. The foreclosure crisis is at its high in all parts of the nation, allowing certain fluctuations in the monthly statistics though. As of January 2010, totally 315,756 US properties [...]
A company of integrity is what I thought of Eureka. I was repaid for the roof repair as soon as I faxed the receipt. Everyone was happy. My clients got their new home that was a dream and a blessing for them. Thanks again. WILDA RODRIGUEZ Nations Realty
If you browse the authentic real estate sites online, you will invariably find two striking realities. One – the foreclosure crisis has hit very hard some of the most-sought after locations of the U.S. country and two – as an alternative to escape foreclosure, the troubled home owners select Short Sales in these areas. As [...]
Eureka, was instrumental in helping us sell our home. As our family experienced financial hardship we were left with limited options in dealing with our home. Because of our current financial situation and future plans to support our kid’s through college we chose to sell our home. Eureka was creative and always showed to have a solution regardless of the situation. If you are lost, facing foreclosure, or have any questions regarding selling your home, call Eureka a call they will have an answer.
Heriberto Garcia
Austin, TX
