Welcome to Blair Webb Brunswick Real Estate Sign in | Help

Browse by Tags

All Tags » Brunswick Georgia Foreclosure Property   (RSS)

4 Questions to Ask Before Buying a Foreclosure

Foreclosures can offer big bargains, but buyers need to be careful that they don’t get over their heads in purchasing a home that may need more repairs than they bargained for. Foreclosures are usually sold as-is, and homes that are left vacant

Banks, Gov't Near Deal on Foreclosure Settlement

Up to 1 million at-risk, underwater borrowers may be eligible for a reduction on their mortgage principal, if a settlement between big banks and government officials gets the final approval. The mortgage aid is reportedly on the table as big banks and

Foreclosure Alert: Banks Clearly Preparing For REO Avalanche

It is not unusual to see foreclosures slow for the holidays, and the this year is no exception. Foreclosure starts were up slightly in Nevada and Washington, but the increases were insignificant given the recent declines in those states due to legislative

Report Predicts Drop in Delinquencies Next Year

--> The number of borrowers behind on their mortgage payments is expected to drop sharply by the end of next year, according to a new report released by TransUnion. Mortgage delinquency rates reflect the ratio of borrowers 60 or more days behind on their

Buy a HUD Home for Only $100 Down?

In several states, the U.S. Department of Housing and Urban Development is offering home buyers foreclosed homes with only a $100 down payment, in trying to unload some of its inventory. The incentive runs until October 2012. To qualify, purchasers must

Housing Is Key in 2012 Elections, Voters Say

Nearly seven out of 10 American — seven more so for the millennial younger generation — say that candidates’ positions on housings will be very important to them in the 2012 presidential and congressional elections, according to a new

10 States With the Highest Foreclosure Rates

For the 56th straight month, Nevada continued to have the highest foreclosure rate in the country, where one in every 118 homes received a foreclosure filing during August, according to the latest figures from RealtyTrac. Nationally, 1 in every 570 households

More Banks Offer Incentives to Unload REOs

--> Banks facing high inventories of REOs are turning to financial incentives in the hopes of accelerating sales of these often vacant, deteriorating properties. For example, Fannie Mae and Freddie Mac are trying to liquidate its REOs, the National Mortgage

Foreclosure Delays Reach New Records

--> Delinquent home owners are living in their homes longer, rent-free. Home owners with a loan in foreclosure haven’t made a payment, on average, for 20 months or 599 days--a new record, according to new data by Lender Processing Services Inc.

Second Chance for Owners Who Lost Homes

More than 2 million home owners who were foreclosed on or were in the process of a foreclosure during 2009 or 2010 can now ask for a review of their case, banking regulators announced this week. The move is to help identify home owners who may have been

Revamped Foreclosure Procedures Coming Soon

The country’s top mortgage servicers have reportedly reached an agreement on changes to their foreclosure procedures. The consent agreement has not yet been made public, but The New York Times was able to get a preview of what the agreement contains

Foreclosure Notices Reach 3-Year Lows

Fewer homes entered the foreclosure process in January than in any month in last three years, RealtyTrac Inc. reports. What's more, homes that received an initial default notice has fallen 27 percent when compared to January 2010. Why the drop? Lenders

Buyers: Keep the Dream Alive After Foreclosure

Lost your home to foreclosure? In most cases, that won't keep you from owning another home as far into the future as you likely feared. It's true that a foreclosure can remain on your credit record for up to seven years, but government-backed

Foreclosures Fall 4 Percent in October

Foreclosures declined by 4 percent in October compared to September, putting the level of foreclosures exactly where it was a year ago, one in every 389 homes in some stage of foreclosure, according to foreclosure sales site RealtyTrac. RealtyTrac CEO

Wave of Foreclosure Sales Could Hurt Prices

More foreclosures could move onto the market as borrowers fall out of the government's loan-modification program. That, coupled with weak demand, could lead to lower home prices across the board, suggests an article in the The Wall Street Journal.
More Posts Next page »