2010 | The REO & Foreclosure Specialist

Property not selling?

1. June 2010

Do you have a property that is not selling? Are you looking to buy a property and can’t find what you want? Are you looking for a rental and need help? Are you looking to rent a property? If so we at NyOnlineRealty.com can help. Call us today at 516-798-3000 and tell us how we […]

Open house 6/6/2010: Massapequa

1. June 2010

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Magnificent custom built 4 bedroom colonial with all the extras in prestigious Nassau shores, this home features 3 full baths, large cherry wood eat in kitchen, 2 fireplaces, master suite, cathedral ceiling custom moldings, terra cotta and hardwood floors, finished 8 ft basement, huge front porch, park like property, 2 car driveway, walking distance to […]

Ocwen Buys HomEq Servicing for $1.3 Billion

1. June 2010

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By: Carrie Bay Barclays said Friday that it has agreed to sell HomEq Servicing, its U.S. mortgage servicing business, to Ocwen Loan Servicing, LLC. Ocwen will pay $1.3 billion “in cash on completion,” Barclays said. The transaction aligns the two companies with the highest modification conversion rates under the Home Affordable Modification Program (HAMP). The […]

Johnny O and Jenna want to come to your Memorial Day Party…

28. May 2010

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Johnny O and Jenna want to come to your Memorial Day Party… …..But Mark is staying behind!! …So what time should we get there? Have a Great Memorial day from your friends at NyOnlineRealty.com! Have a happy day… let’s be in the solution together! John E. O’Neill IV NyOnlineRealty.com Sales & Marketing Supervisor Real […]

State Group Estimates 37% of California Foreclosures Involved Renters

28. May 2010

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The foreclosure crisis in California has taken a toll on not only homeowners, but a large number of tenants in the state. According to a new study from Tenants Together, California’s statewide organization for renters’ rights, at least 37 percent of residential units in foreclosure in the Golden State last year were rentals, directly affecting […]

Survey Finds 76% of Consumers Favor Renting to Homeownership

27. May 2010

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As the real estate market continues to fight an uphill battle towards recovery, the dream of homeownership seems to be dying out for some consumers, at least for the time being. According to a new online survey of more than 2,000 U.S. adults conducted in May by Harris Interactive and commissioned by the Arlington, Virginia-based […]

Commercial Real Estate agent needed

26. May 2010

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Highly motivated commercial sales agent/broker privately owned company seeking to greatly expand it commercial division. “Commercial foreclosures will be at an all time high next year” and we will get many of these listings. If you are interested in a career not a job send us your resume. Must be a team player, hard working, […]

U.S. Thrifts Turn $1.8B Profit Despite Mounting Foreclosures

26. May 2010

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The nation’s thrift industry posted profits of $1.82 billion in the first quarter of 2010, the Office of Thrift Supervision (OTS) reported this week. According to the regulator, the Q1 data indicates that thrifts generally are stabilizing despite continued pressures stemming from delinquent loans and still-rising foreclosures. The positive first quarter earnings were up from […]

Home Prices Show Renewed Weakness, Dropping 3.2% in Q1

25. May 2010

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One of the industry’s most-closely watched barometers has quelled recent optimism that residential real estate had found its footing on solid ground. The S&P/Case-Shiller Home Price Index released Tuesday revealed a 3.2 percentdrop in property values during the January to March quarter of 2010, when compared to the level of home prices at the end […]

Homeowners ‘Overconfident’ About Home Values: Zillow

24. May 2010

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By: Brittany Dunn In just one quarter, homeowners have gone from being overly cynical about the state of their own home’s value to being overly confident. According to the Q1 Homeowner Confidence Survey conducted by Seattle-based Zillow, 50 percent of homeowners nationwide believe their own home’s value declined in the past year. But in reality, […]

New Survey Finds 36% of Homebuyers Expect Half-Off on REO

21. May 2010

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A new survey conducted by Harris Interactive found that 36% of homebuyers expect to receive a 50% discount or more when purchasing an REO property. Harris conducted the survey of more than 2,500 homebuyers between May 10-12 for the online foreclosure marketplaces Trulia.com and RealtyTrac. While the survey showed homebuyers are beginning to expect more […]

HUD Lobbies for More Federal Funding to Stabilize Housing Markets

20. May 2010

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HUD Secretary Shaun Donovan is asking Congress to release additional funds to help communities combat the ongoing effects of the housing crisis and home foreclosures. He says the Obama administration is committed to working with lawmakers to secure a third round of funding for HUD’s Neighborhood Stabilization Program (NSP). The federal agency has disbursed $6 […]

Lenders Moving Faster to Auction Foreclosed Homes in Massachusetts

19. May 2010

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The time it’s taking for a property to move from the first stage of the foreclosure process to auction has shrunk in Massachusetts, according to a new study released Tuesday by the Warren Group. The Boston-based research firm found that it is taking an average of about 4.6 months from when a lender files a […]

Are you looking for New Opportunity in this REO Market?

18. May 2010

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Who We Are: NYOnlineRealty.com is a large foreclosure firm in NY that is looking to aggressively expand. We have 17 years of experience in this REO business and have proven to be very successful working with our banks. We currently have relationships with all of the major players (Bank of America, Chase, Wells Fargo, Indymac, […]

Sales agents needed

18. May 2010

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Would you like a Career Opportunity in the Fastest Growing Foreclosure Real Estate Industry? Learn from a leader in the industry NyOnlineRealty.com We are a successful Real Estate Property Owner and Foreclosure Management firm located in Massapequa Park, NY. We are seeking NEW and EXPERIENCED sales associates to become a part of our growing company. […]

Archive | 2010