Total Pageviews

Showing posts with label Owned. Show all posts
Showing posts with label Owned. Show all posts

Friday, May 13, 2011

California Real Estates » Blog Archive » <b>Real Estate</b> Owned <b>...</b>

Price: $82,923, City: Oakland, Square feet: n/aLocation: Olive St, Oakland, CA, 94621

This property is an REO (Real Estate Owned). This is the final step in the foreclosure process. Ownership has reverted to the lender. This 1021 square foot property has 2 bedroom(s) and 1 bath(s). The estimated sale price is $82923. To access more

Property Type: Single familyListing type: ForeclosureListing status: ActiveBedrooms: 2Bathroom: 1Agent: n/aBroker: n/aAuthor: RealtyTrac

View the original article here

Thursday, May 12, 2011

<b>Real Estate</b> Owned and Foreclosure Problems Impact School Children

Total Articles: 11588
Total Downloads: 5368756 By : John Cutts    99 or more times read
Submitted 2011-03-11 20:08:30 The Baltimore Neighborhoods Indicator Alliance has recently released a study showing that an increasing number of children are affected by real estate owned and foreclosure numbers in Baltimore, Maryland. The Alliance's study covered the period 2008-2009.

According to the study, around 2,400 school children studying in public schools are currently residing in distressed homes in Baltimore or in houses under some stage of foreclosure. The figure represents a 20% rise when compared with statistics gathered five years ago. What is even more significant than the rise is the fact that, according to the report, almost half of the children actually live in rental properties.

Prior to the real estate crisis, the number of rental distressed properties in Maryland that accounted for total foreclosure numbers were fewer than 30%. The data presented by the Alliance showed that in the Patterson High and Brehms Lane Elementary schools, over 50 students are living in houses under foreclosure. This means that around 7% of Brehms' students are affected by foreclosure, while in Patterson; the figure is over 3.5%.

The study highlighted the extent of the impact of real estate owned and foreclosure problems on the city. Analysts have also stated that students who are living in a property under foreclosure will be at higher risk of not finishing school since they could be forced to live in another place and switch schools or end up not going to school altogether. They stated that problems at home often affect students' academic performance, with some of them facing the possibility of dropping out and discontinuing their education.

Analysts have also highlighted the increasing number of rental distressed properties for sale in the city, stating that some landlords are unable to collect rent due to high unemployment levels, while others have probably taken out loans during stronger economic times and were later caught by the real estate crisis.

Housing industry observers have stated that the number of foreclosures and real estate owned properties in Baltimore will likely continue to increase in 2011. The study by the Alliance also showed that, at this time, rental housing is taking as much of the worst of the crisis as residential homes.

Bookmark and Share


View the original article here

Tuesday, May 10, 2011

Louisiana Real Estates » Blog Archive » <b>Real Estate</b> Owned property <b>...</b>

Price: $69,000, City: Jeanerette, Square feet: n/aLocation: Katherine St, Jeanerette, LA, 70544

This property is an REO (Real Estate Owned). This is the final step in the foreclosure process. Ownership has reverted to the lender. This 1918 square foot property has 4 bedroom(s) and 2 bath(s). The estimated sale price is $69000. To access more

Property Type: n/aListing type: ForeclosureListing status: ActiveBedrooms: 4Bathrooms: 2Agent: n/aBroker: n/aAuthor: RealtyTrac

View the original article here

Sunday, May 1, 2011

Number of <b>Real Estate</b> Owned Foreclosures for Sale Up in San Francisco

Total Articles: 11562
Total Downloads: 5309210 By : John Cutts    99 or more times read
Submitted 2011-03-07 08:15:23 The number of real estate owned foreclosures for sale in San Francisco, California, has increased last year compared with previous periods. Since the start of the housing market crisis around four years ago, the city has been able to keep its foreclosure numbers low, allowing it to have one of the lowest rates of foreclosure among all metro areas in California, a state that has been hit hard by the foreclosure crisis.

Foreclosed and repossessed homes in Fresno and in other metro regions of California have been some of the highest recorded in the U.S. in the past four years. Not so in San Francisco. The metro region was able to maintain a relatively stable housing market since the crisis started; but last year, signs have emerged that the San Francisco area is starting to feel the impact of the foreclosure problem.

California repossessed homes and foreclosures have declined in most markets last year, but have increased in the San Francisco metro. Majority of counties in the Bay Area where San Francisco is included posted lower numbers of foreclosures, with San Francisco going in the opposite direction.

According to housing industry experts, the rise in the number of real estate owned foreclosures for sale in the area has more to do with the economy than with bad loans. During the start of the foreclosure crisis, neighboring counties were hit hard as subprime loans failed in majority of these areas. San Francisco was not affected. Being a pricey neighborhood, its properties are not financed by subprime loans.

However, even a city as affluent as San Francisco is not immune from the impact of the recession. Analysts stated that the increase in the number of repo house for sale and foreclosures in the area is a late reaction to the recession that started a few years ago. Most residents of the metro area had the means to ride out the economic downturn, so the impact was not immediate.

This time though, most of them are out of options, and the downturn is starting to creep in to the high-income communities, leading to more real estate owned foreclosures for sale. Local data showed that high-priced properties have started falling into distress in the city in the past few months.

Bookmark and Share


View the original article here

Monday, April 18, 2011

Michigan Real Estates » Blog Archive » <b>Real Estate</b> Owned property <b>...</b>

Price: $75,600, City: Waterford, Square feet: n/aLocation: Plains Dr, Waterford, MI, 48329

This property is an REO (Real Estate Owned). This is the final step in the foreclosure process. Ownership has reverted to the lender. This 1691 square foot property has 3 bedroom(s) and 1 bath(s). The estimated sale price is $75600. To access more

Property Type: Single familyListing type: ForeclosureListing status: ActiveBedrooms: 3Bathroom: 1Agent: n/aBroker: n/aAuthor: RealtyTrac

View the original article here

Saturday, April 16, 2011

California Real Estates » Blog Archive » <b>Real Estate</b> Owned <b>...</b>

Price: $530,100, City: Irvine, Square feet: n/aLocation: Guama Ave, Irvine, CA, 92606

This property is an REO (Real Estate Owned). This is the final step in the foreclosure process. Ownership has reverted to the lender. This 1897 square foot property has 4 bedroom(s) and 2 bath(s). The estimated sale price is $530100. To access more

Property Type: Single familyListing type: ForeclosureListing status: ActiveBedrooms: 4Bathrooms: 2Agent: n/aBroker: n/aAuthor: RealtyTrac

View the original article here

Tuesday, April 5, 2011

California Real Estates » Blog Archive » <b>Real Estate</b> Owned <b>...</b>

Price: $90,985, City: Woodlake, Square feet: n/aLocation: N Pine St, Woodlake, CA, 93286

This property is an REO (Real Estate Owned). This is the final step in the foreclosure process. Ownership has reverted to the lender. This 1498 square foot property has 3 bedroom(s) and 1 bath(s). The estimated sale price is $90985. To access more

Property Type: Single familyListing type: ForeclosureListing status: ActiveBedrooms: 3Bathroom: 1Agent: n/aBroker: n/aAuthor: RealtyTrac

View the original article here