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The Cautious Approach to Buying Foreclosures By Paul Cones, Guest Writer August 29, 2013 Many homebuyers are discovering the financial benefits of purchasing distressed properties. To avoid committing to a project that you can't afford, keep these things in mind during the search process. How to Navigate the VA Loan Preapproval Process By Jessi Hall, Guest Writer August 29, 2013 A key benefit of military service, Veterans Affaris (VA) home loans offer no-down-payment financing, no private mortgage insurance (PMI), and flexible credit criteria. Why Old School Mortgages Have Come Back By Peter Miller, Contributor August 27, 2013 After three years of debate and acrimony, the new mortgage standards which were supposed to be part of Wall Street reform are finally coming into place. The result is that mortgage shopping is about to be a new — and duller — experience. Eminent Domain: U.S. Warns Against Seizing Mortgages By Octavio Nuiry, Senior Staff Writer August 19, 2013 The nation’s leading housing finance regulator warned cities and counties last week that using eminent domain to seize underwater mortgages could be unconstitutional. Will Higher Mortgage Rates End The Real Estate Recovery? By Peter Miller, Contributor August 19, 2013 Just like the weatherman who would like to always predict sunny skies, there’s little doubt that everyone in real estate favors falling mortgage rates. U.S. Foreclosure Activity Up 2 Percent in July Boosted by Foreclosure Starts By RealtyTrac Staff August 15, 2013 RealtyTrac® today released its U.S. Foreclosure Market Report™ for July 2013, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 130,888 U.S. properties in July. How To Get Discounts Combining FHA 203(K) Loans & Foreclosures By Peter Miller, Contributor August 12, 2013 Everyone likes a discount but in the world of real estate discounts have become less common. Home prices have risen sharply in the past year but distressed sales continue to be available with significant write-offs. California City Sued Over Eminent Domain Plan By Octavio Nuiry, Senior Staff Writer August 8, 2013 Lenders and bond investors filed a federal lawsuit against the city of Richmond, Calif., on Wednesday to prevent the city from using eminent domain to seize mortgages of distressed residential homeowners. Mapping Prosperity: The New Geography of the ‘Flyover’ States By Octavio Nuiry, Senior Staff Writer August 7, 2013 Detroit is bankrupt. Should Borrowers Fear Deficiency Judgments? By Peter Miller, Contributor August 6, 2013 There’s little doubt that foreclosure, short sale and REO numbers are down. Print Email

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