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 [...]
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 [...]
Filed under North Carolina Real Estate Investments, Real Estate News · Tagged with Bargain Real Estate Charlotte NC, Buy Investment Real Estate Property in Charlotte NC, Charlotte NC Short Sale Expert, Commercial Mortgages, Commercial Real Estate Charlotte NC, Commercial Real Estate Foreclosures, Commercial Real Estate Loans, Commercial Real Estate Short Sales, Foreclosure Expert Charlotte NC, Short Sales in Charlotte NC
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 [...]
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. [...]