All posts tagged distressed

Forget the golden goose investor-element that's helping fuel the housing recovery. Potential buyers? Your fence sitting days are numbered. Many investors are largely bottom feeders (buy low, rent and or

NEIGHBORWORKS AMERICA - NeighborWorks America (NWA) today announced that $70.1 million has been awarded to 30 state housing finance agencies (HFAs), 17 HUD-approved housing counseling intermediaries, and 72

Ask any underwater homeowner to tell you their biggest fear about selling their home and moving on and you get two answers: "I will never buy again." "I will not

There's something both benevolent and sinister about this real estate agent. You'd like to join him for a spot of tea, but you wouldn't want to meet him in

FEDERAL RESERVE BOARD - Payments to 4.2 million borrowers are scheduled to begin today April 12 following an agreement reached by the Office of the Comptroller of the

It should come as no surprise that nearly 80 percent of Americans aren't buying the housing recovery and many of them think the worst is still yet to

Struggling homeowners are getting a big break this summer from Freddie Mac's and Fannie Mae's Streamlined Modification program. Eligible borrowers won't have to submit documentation, but can accept a

Your dog's a pig, your lawn is scrub land, your driveway looks like a campground and your garage band sounds like someone is banging on all that junk

You can't or don't want to sell your existing home. You can move to another home for less than the income you could get for renting your home.

To help keep foreclosures moving through the home sales pipeline, the Federal Housing Administration (FHA) has, for the fourth time, extended a rule to make it easier for

Unemployed homeowners, concerned federal unemployment benefits could end if Congress doesn't provide a remedy for the fiscal cliff, could get help with their mortgage from the California Housing

The mortgage meltdown came with a rapid depreciation in real estate values resulting in financial crises for many homeowners who managed to get through it with a short

The Consumer Financial Protection Bureau (CFPB) announced Dec. 11 actions to halt two alleged mortgage loan modification scams it believes ripped-off thousands of struggling homeowners across the country.

CALIFORNIA ATTORNEY GENERAL - Attorney General Kamala D. Harris today announced a $10.4 million grant program for organizations that provide housing counseling and legal services to homeowners.

DEADLINENEWSROOM - It's a no brainer. We've said so all along and, apparently, our readers agree: Millions of jobs and real, staunch economic growth - not easy-money from lenders,

California's real estate agents say lenders are making some progress in processing short sales, but short sale problems persist for homeowners selling short to avoid foreclosure. The California Association

Home equity gain is good news, especially for underwater homeowners waiting to see home values return to and surpass their purchase cost. Unfortunately, homeowners who lost 50 percent or

One in three homeowners, 32 percent, say they "ain't afraid of no ghosts" and would consider buying a home perceived to be haunted. Another 33 percent said "maybe," but

DQNEWS - Three and a half years after peaking, the number of California homes entering the foreclosure process fell last quarter to the lowest level since the early