Alternatives to Foreclosure – A Homeowner’s Worst Nightmare

Alternatives to Foreclosure – A Homeowner’s Worst Nightmare

July 14, 2010 by Victoria Stankard · Leave a Comment 

Across the country bank foreclosures are at an all time high, with approximately 1.4 million mortgages in serious delinquency and another 1.5 million homeowners already in foreclosure.  If a homeowner can’t pay the obligations of their mortgage, their property rights are basically stripped away.  Foreclosure is a homeowner’s worst nightmare! Foreclosure is the legal process by which [...]

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Commercial Real Estate Delinquencies & Defaults on the Rise

Commercial Real Estate Delinquencies & Defaults on the Rise

February 1, 2010 by Victoria Stankard · Leave a Comment 

Although the U.S. housing market is showing glimmers of recovery, the commercial real estate sector is another story. The weak economy, rising unemployment rate, falling real estate values and more stringent than ever underwriting standards have made refinancing much more difficult for commercial real estate property owners.   Phillip F. Blumberg, chairman of Blumberg Capital Partners, says [...]

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Quickening the Short Sale Process with Standardization

Quickening the Short Sale Process with Standardization

January 27, 2010 by Victoria Stankard · Leave a Comment 

There has been much caviling in the past few years from homeowners and realtors about inconsistencies and the time it takes to process a short sale. Lack of Short Sale Standardization In response to the situation, the National Association of Realtors® (NAR) created a task force to address the the lack of standardization from one lender [...]

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Three Ways to Purchase Foreclosures and Bargain Real Estate in Charlotte, NC

Three Ways to Purchase Foreclosures and Bargain Real Estate in Charlotte, NC

October 16, 2009 by Victoria Stankard · 5 Comments 

According to MSN Money, one of the best places to invest your hard earned dollars is in foreclosures and bargain residential real estate. Interest rates are at all time lows and with the stock market looking a bit too dicey for the average investor, many are choosing to invest in bargain real estate and foreclosures. [...]

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