NATIONWIDE Moody’s forecast for housing and economy Moody’s Investors Service see a narrowed future of the US economy and housing market. In the agency’s ResiLandscape report issued last week they warn that there’s a stronger chance the country will slide back into a recession and they are foreseeing a longer and deeper housing correction. [...]
Moody’s Investors Service see a narrowed future of the US economy and housing market. In the agency’s ResiLandscape report issued last week they warn that there’s a stronger chance the country will slide back into a recession and they are foreseeing a longer and deeper housing correction. "We have lowered the near-term econonomic outlook and [...]
The ostentatious reason for the introduction of the latest “Short Finance” Program is helping out underwater home owners, by converting their mortgages into loans backed by the Federal Housing Administration. While doing so, the mortgage servicers have to agree for reducing the loan balance by at least 10 percent. But there are innumerable hurdles this [...]
NATIONWIDE Disappointed applicants for loan modification file law suits Government proposes but bank disposes – this seems to be the latest and fitting idiom applicable in the case of distressed home owners, approaching the lending banks for modification of their mortgages, but get frustrated by the indifferent attitude of banks. Instances have come to [...]
Trends are confusing in most of the real estate markets of the country, whereby different opinions from financial analysts and market watchers emanate, adding up to the confusion in peoples’ minds. But what is more authentic and coming from a long experience of experts in the know, ultimately counts. In that sense, what the Chief [...]
Government proposes but bank disposes – this seems to be the latest and fitting idiom applicable in the case of distressed home owners, approaching the lending banks for modification of their mortgages, but get frustrated by the indifferent attitude of banks. Instances have come to the fore that some borrowers seeking the help of banks [...]
NATIONWIDE Success rate of mortgage-relief plans not impressive – Experts Right from their introduction, the mortgage relief programs of the federal government met with criticism from knowledgeable circles, on their inadequacy to meet the needs and address the woes of the distressed home owners. There cannot be two opinions about the good intentions behind, [...]
Right from their introduction, the mortgage relief programs of the federal government met with criticism from knowledgeable circles, on their inadequacy to meet the needs and address the woes of the distressed home owners. There cannot be two opinions about the good intentions behind, but the way in which these programs were devised and executed, [...]
Based on purely the data relating to U.S. real estate activities till July and not going into the economic conditions and unemployment, market analysts are of the view that prices of residential properties will be going down further and this position will continue till 2012. What are all the basic data to put this prediction [...]
NATIONWIDE U.S. households suffer from “financial distress” Is it not a well-known fact already? Day in and day out, media carries loads of news stories about it. But what we are apprised by CredAbility, an Atlanta-based non-profit agency engaged in credit counseling and education is not one that is a passing reference on it, [...]
Eureka was incredibly patient and assured me that we would close on our contracted close date. Although, we had a few sticking points come up with the short sale, they were right, we closed @ 10am on our contracted close date!! My fellow realtors couldn’t believe that we closed on time…their experiences with short sales have been “nightmares”. Thank you Eureka!
Jonna Juul-Hansen
Pacesetter Properties
