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Marvin Arrieta's Blog (11)

Wishing You Happy Holidays and an Amazing 2013!

Added by Marvin Arrieta on December 22, 2012 at 12:27pm — No Comments

U.S. consumers owed $8.995 trillion on their residential loans at the end of March — the lowest debt figure recorded in almost five years

Housing Debt (MSRs) Fall to Lowest Level in Five Years

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Added by Marvin Arrieta on June 16, 2012 at 9:43am — No Comments

Is the Miami Mansion Boom Becoming a Bubble? Published: Tuesday, 12 Jun 2012 | 2:02 PM ET Text Size By: Robert FrankCNBC Reporter & Editor Twitter 25 LinkedIn…

Is the Miami Mansion Boom Becoming a Bubble?

Published: Tuesday, 12 Jun 2012 | 2:02 PM ET
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Added by Marvin Arrieta on June 16, 2012 at 9:24am — No Comments

1031 Exchanges

Field Guide to 1031 Exchanges

(Updated July 2010)

Section 1031 of the U.S. Internal Revenue Code allows investors to defer capital gains taxes on the exchange of like-kind properties. 1031, or tax-deferred, exchanges hold great advantages for both investors and REALTORS®. This Field Guide provides access to articles, manuals, forms, ideas, and other information to help you start building your 1031…

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Added by Marvin Arrieta on March 22, 2012 at 4:44pm — No Comments

The Mortgage Credit Crunch That Isn't

By Peter G. Miller

It's gotten a lot harder to get a mortgage we're told, something routinely blamed on Wall Street Reform. If only we had less regulation, goes the cry, then lenders could surely make more home loans.

In fact, numbers from the Federal Reserve tell a different story. Residential real estate debt today is actually higher than in 2006 when home prices were soaring. Not only that, loan-to-value ratios…

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Added by Marvin Arrieta on May 28, 2011 at 7:54pm — No Comments

Foreclosure Homes Account for 28 Percent of Q1 2011 Sales

By RealtyTrac Staff

 

Average REO Discount 35 Percent; Foreclosure Discount Drops to 9 Percent

Average Time to Sell at 176 Days for REOs; 228 Days for Pre-Foreclosures

IRVINE, Calif. – May 26, 2011 — RealtyTrac® (…

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Added by Marvin Arrieta on May 28, 2011 at 7:51pm — No Comments

How to Buy Foreclosures

By: RealtyTrac

Overview

Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing the loan. The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice. The foreclosure process can end one of four ways:

  1. The borrower/owner…
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Added by Marvin Arrieta on May 28, 2011 at 7:45pm — No Comments

Debt and Mortgage Solves Foreclosure

Are you interested in buy a house? Well, if you are then, here are some pointers that might help you go through the process easily. More and more people are dealing with bad debts these days. This might be a result of over spending and uncontrolled self-discipline. If you are suffering from having bad debt ratings, you probably know that you cannot buy a house if you have a bad debt; they go along together so you cannot buy a house if you have a bad credit…

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Added by Marvin Arrieta on May 28, 2011 at 7:30pm — No Comments

Financing Foreclosed Homes



Most of what people call foreclosed homes are being sold by lenders saddled with a property because there were no…

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Added by Marvin Arrieta on May 28, 2011 at 3:39pm — No Comments

As Lenders Hold Homes in Foreclosure, Sales Are Hurt

By ERIC DASH

Published: May 22, 2011

EL MIRAGE, Ariz. — The nation’s biggest banks and mortgage lenders have steadily amassed real estate empires, acquiring a glut of foreclosed homes that threatens to deepen the housing slump and create a further drag on the economic recovery.

All told, they own more than 872,000 homes as a…

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Added by Marvin Arrieta on May 23, 2011 at 12:36pm — No Comments

When Mortgage Borrowers Don't Pay, Should Taxpayers Be On The Hook?

by JACOB GOLDSTEIN

Or, to re-phrase the headline in a more boring way: What, if anything, should replace Fannie Mae and Freddie Mac?

It's a hugely important question. The bailout of the two companies has cost taxpayers well over $100 billion.

And the mortgage market is still being propped up by the federal government. For roughly 90 percent…

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Added by Marvin Arrieta on May 23, 2011 at 12:27pm — No Comments

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