The country is still reeling under the clutches of the foreclosure crisis, caught up 4 years back. The housing markets are beleaguered by the impact, bringing in dramatic changes in the real estate business – sluggish home sales; dropped down home values; tightened up housing loans; and ultimately a downward economy. During the third quarter [...]
NATIONWIDE Third Quarter sees record Bank repossessions and scheduled foreclosure auctions It was rather expected result – brewing for the last few months. Lending banks were rather slow in rushing to foreclose homes, with the obvious reason of not flooding the home markets with distressed properties and dilly-dallying with finalizing foreclosures – protracting the [...]
If you look at the statistics provided by market experts, you will come to know that the foreclosure activity increased by 4 percent nationwide during the quarter ended September, compared to the previous quarter ended June; but what is significant is it is less than what many of us feared in 2009 – going down [...]
It was rather expected result – brewing for the last few months. Lending banks were rather slow in rushing to foreclose homes, with the obvious reason of not flooding the home markets with distressed properties and dilly-dallying with finalizing foreclosures – protracting the suspense of loan modifications, for making them permanent from temporary and all [...]
NATIONWIDE Job growth is there but not enough to make amends – Economists How to put back U.S. economy on its original track from the present recessionary trend? The answer to this million dollar question, tendered unanimously by economic experts is to concentrate on job growth. While the mortgage crisis in the real estate [...]
How to put back U.S. economy on its original track from the present recessionary trend? The answer to this million dollar question, tendered unanimously by economic experts is to concentrate on job growth. While the mortgage crisis in the real estate industry triggered the down-turn of the economy – the reason found out during the [...]
When you think of buying a home for residing with your family, invariably your first choice will be a newly designed, built and painted one with pleasing colors. After years of residing in a rented house, it is but natural you long for all the perks and conveniences are there in the new house, where [...]
NATIONWIDE Spurt in new home construction reported for August Home buyers in the down-turned housing markets were disappointed that they could not have a brand new home, when they searched the listings. The reason was most obvious – in all the home markets, the never-before flooding of foreclosure properties posed an unfair competition, to [...]
Where there are not murmurs and musing about the way foreclosures are handled and inordinate delay in banks’ dealing with foreclosures? Yes – there were complaints from distressed home owners – already hit by the foreclosure tragedy – and yet further distressed by the inefficient handling of their cases, by lending institutions that include some [...]
Home buyers in the down-turned housing markets were disappointed that they could not have a brand new home, when they searched the listings. The reason was most obvious – in all the home markets, the never-before flooding of foreclosure properties posed an unfair competition, to the existing pre-owned homes, with their distress sale prices. The [...]
I had two properties with no renters, and both were “under water”. I had resolved myself to letting them go into foreclosure. This would have crushed my credit and I was unsettled about it to say the least.
I had a credit score of 770 and was in danger of loosing the good credit my wife and I had worked so hard to get. I decided to give Eureka a try and I am very glad I did. I just closed one loan and the other is in the process of negotiations and should close very soon.
As soon as I had this service on my side, I was able to point the creditors to them for any questions. Once the creditors had this information on file, their calls slowed to a crawl, almost overnight. I have not heard from any of the creditors from either property for a long time. I felt like I finally had someone on my side. For the first time in months, I was able to sleep without worrying about what the future held in store.
If you are in a situation where you need to sell your property and get out from under that debt, Eureka is your answer. I do not need to wish you “good luck” as Eureka will do everything they can to make your problems a thing of the past. The sooner you act, the better things will be. Give them all the information they ask for and let them take over. You’ll be glad you did.
Alan Moses
Germantown, MD
