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Foreclosures

A foreclosure is a proceeding initiated by a creditor to repossess the collateral for loan that is in default. During a foreclosure process relating to residential mortgage loans a bank or other secured creditor sells or repossesses a parcel of real estate after the owner has failed to comply with mortgage terms. When the process is complete, the lender can sell the property and keep the proceeds to pay off its costs.

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    kimgandyWORRIED YOU COULD BE FACING FORECLOSURE?
    Kim Gandy, Broker/REALTOR®

    As a Certified Distressed Property Expert, I am qualified to represent a homeowner that has a hardship and cannot make their mortgage payments. The process is called a “Short Sale” and can help » Read more  

    michaelheratyForeclosure Homes and Other Realities of the Market of 2009
    Michael Heraty, Managing Broker

    Last weekend I was working with a local young couple looking to purchase their first home here in Pagosa Springs. They both graduated from high school here and returned after pursuing their educations along » Read more  

    gracehughesWaiver of Hud 90-day Rule Should Help Speed up Resales of Foreclosed Properties in Jacksonville Beach
    Grace Hughes, REALTOR®

    Acquiring, rehabilitating and reselling foreclosed properties to prospective homeowners often takes less than 90 days in today’s market.   In the past, FHA restrictions did not » Read more  

    judykivelaNational Foreclosure Trends and Butte Real Estate
    Judy Kivela, Broker/Owner

    Everybody wants to know how the housing market is doing, especially if they own Butte real estate. I try to keep the newsy pieces to a minimum and spend most of my Internet space on helpful pointers, but a » Read more  

    judykivelaDoes Your ARM Increase Mean Butte Foreclosure?
    Judy Kivela, Broker/Owner

    With the current Butte foreclosure woes, and the strains of the economy these days, many people are worried about what they’ll do when their ARM (adjustable rate mortgage) resets. Here are a few » Read more  

    judykivelaHelping Families Save Their Butte Homes
    Judy Kivela, Broker/Owner

    By now, everyone knows that, just like the Dot Com bubble, the real estate market grew its own bubble to a degree that it finally popped.  Foreclosure numbers went up, sales went down and everyone, from the » Read more  

    debbiewongFoster City, CA Housing Market: Now is the Time to Take Advantage of Special Financing Incentives!
    Debbie Wong, Managing Broker

    Attention Home Buyers, time is running out for you to take advantage of special incentives from Fannie Mae and Freddie Mac! Contact your Realtor today! Here’s an brief explanation about the program from » Read more  

    howardfreissSouth Jordan Short Sales, Foreclosures and Regular Homes for Sale.
    Howard Freiss, Branch Broker

    It seems like the number of short sales is decreasing and the number of foreclosures is increasing. This is good news for buyers and sellers. Buyers can now make offers on foreclosures and not have to wait » Read more  

    JBBank Owned Property!
    Joshua Brandner, REALTOR®

    571 Two Mile Run Johns Island, SC 29455 PRICE: $135,900 LOT: 0.31 Acres Marsh Front Description: BANK OWNED! LOWEST PRICED LOT ON THE MARSH IN GRIMBALL GATES! Here is your chance to build your dream home on a » Read more  

    judykivelaForeclosures in Butte: Title Searches and Title Insurance
    Judy Kivela, Broker/Owner

    When you’re looking to buy a home, and especially when you’re looking at foreclosures in Butte or anywhere else, title searches are important. Many buyers make the mistake of settling for a » Read more  


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