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Tag Archive | "foreclosure"

Hudson & Marshall to Auction Nearly 250 Foreclosed Homes This Week

Wednesday, July 14, 2010

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Tweet By: Brittany Dunn In an effort to give investors and first-time homebuyers an opportunity to purchase a variety of homes at significant discounts, Hudson & Marshall of Texas, Inc., (H&M) is auctioning nearly 250 bank-owned homes this week in cities throughout Indiana, Illinois, Minnesota, and Wisconsin. “Foreclosures remain in high demand among buyers looking […]

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Cleveland Fed Examines Link Between Foreclosure and Unemployment

Monday, July 12, 2010

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Tweet By: Rachel Daniels According to an article released by the Federal Reserve Bank of Cleveland this week, much can be gleamed by studying the historic link between foreclosure and unemployment rates—including the fact that according to past patterns, we can expect the current high foreclosure rate to persist for some time. The article abstract., […]

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U.S. Banks’ Foreclosure Holdings Increased 12.5% in Q1:

Monday, June 7, 2010

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Tweet By: Carrie Bay Foreclosed property held by U.S. banks increased 12.5 percent to $41.5 billion during the first quarter of this year, according to a recent analysis by SNL Financial, a financial market research firm out of Charlottesville, Virginia. The company says banks’ aggregate foreclosed inventory is up from $36.9 billion at year-end 2009, […]

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How to buy a foreclosure

Thursday, May 6, 2010

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Tweet NEW YORK (CNNMoney.com) — You want to buy a foreclosure? Remember, there are both great opportunities and great pressures and pitfalls in this market. First, you have to decide at what stage of foreclosure you want to buy. There are three options: 1. pre-foreclosure; 2. sheriff’s auction; 3. repossession, called REO (for real estate […]

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House Bill Would Allow Those Facing Foreclosure to Stay on as Renters

Friday, April 30, 2010

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Tweet Two House Democrats have introduced a bill to create a “right to rent” for homeowners facing foreclosure. The bill, sponsored by Rep. Raúl M. Grijalva (D-Arizona) and Rep. Marcy Kaptur (D-Ohio), would allow a family receiving a foreclosure notice to petition a judge to stay in their home as renters under a 5-year lease. […]

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REO Foreclosure: Roosevelt, NY

Wednesday, March 17, 2010

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Tweet Check out this REO Foreclosure in Roosevelt, NY! A Must See for Investors! Land Value Asset! Cheapest House Available in Roosevelt!, Roosevelt, NY Distressed Property, Possible Mother Daughter with Permits!! A Must See for Investors!! Highly distressed property being sold at land value. House can be renovated and flipped! Possible Mother Daughter Setup with […]

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“The Johnny O Show” – Episode#3

Tuesday, March 16, 2010

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Tweet Today Johnny O was out in Rockville Centre, New York.  It was a gorgeous sunny day and Johnny was going to check out one of the REO foreclosed assets.  New York Online Realty just assisted in a ‘cash for keys’ in this situation… and Johnny explains exactly what that is. Check out today’s show: […]

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“The Johnny O Show”… Episode #2

Wednesday, March 10, 2010

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Tweet In today’s episode Johnny is on location at a property in the Copiague area of Long Island New York.  He’s there to do a walk through for the bank on an REO that has been sold to an all cash investor. Johnny’s humor and passion for real estate gives you a unique view on […]

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“The Johnny O Show”… Episode #1

Monday, March 8, 2010

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Tweet Welcome to the 1st episode of “The Johnny O Show”… The Internet’s Passionate REO & Foreclosure show! In today’s show, Johnny O takes you on a tour of one of our REO assets.  He shows you what we do when we go to check on our assets for the bank.  Johnny’s humor will keep […]

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