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First-Time Buyers, Distressed Properties Drove California's Housing Market in ... - Article Ant (press release)

First-Time Buyers, Distressed Properties Drove California's Housing Market in ...
Article Ant (press release)
The large number of distressed properties led to more than half of all first-time buyers purchasing an REO/foreclosure or short sale property. ...

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Short Sale Fraud Fears Grow as HAFA Gets Set to Pop - Housing Wire

Short Sale Fraud Fears Grow as HAFA Gets Set to Pop
Housing Wire
Lenders are building buffers to protect themselves from borrower fraud when the Home Affordable Foreclosure Alternatives (HAFA) program ...

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Hard Times Update: Tales of Foreclosure Schemes, Mortgage Misfortune - True/Slant

True/Slant

Hard Times Update: Tales of Foreclosure Schemes, Mortgage Misfortune
True/Slant
That nearly half of the tips we received dealt with loan modification or foreclosure rescue schemes came as no surprise — complaints about advance-fee loans ...

Local home sales up, prices down - Las Vegas Review - Journal

Local home sales up, prices down
Las Vegas Review - Journal
... positive developments such as an increase in short sales, or homes sold for less than the mortgage balance owed, and a decrease in foreclosure sales. ...

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Ottawa Home Foreclosures

Purchasing a home foreclosure is an excellent way to obtaining real estate that would otherwise be unaffordable. Home foreclosures are a result of when the homeowner is unable to make principal and/or interest payments on their mortgage, so the bank or lender, can seize and sell the property as set in the terms of the mortgage contract.

This site is a resource for buying, selling, stopping and help for home foreclosures. Ottawa Real Estate