Anything But Foreclosure By Daren Blomquist, RealtyTrac Vice President December 13, 2012 A trend I wrote about for the December 2012 edition of Scotsman Guide on how lenders are shifting toward short sales and away from foreclosure has become even more pronounced since I wrote it. $7.6 Billion Available for Millions Facing Foreclosure By Octavio Nuiry, Staff Writer December 12, 2012 Distressed homeowners at risk of foreclosure can get emergency financial aid from the federal government, but they have to act fast. Deadlines are tight, and struggling borrowers are already flooding the program with inquiries, according to the nonpr REO Sales Not Dead Yet By Daren Blomquist, RealtyTrac Vice President December 12, 2012 The rumors of the demise of REO sales may have been greatly exaggerated — at least in some markets. Are Mortgage Rates Too High? By Peter G. Miller, Contributing Writer December 11, 2012 As 2012 comes to an end, we are closing out the year with mortgage rates at or near the lowest levels on record. $26.1 Billion Paid By National Mortgage Settlement, Report Claims By Octavio Nuiry, Staff Writer December 10, 2012 The nation’s largest lenders have distributed $26.1 billion in direct relief to nearly 310,000 borrowers, or roughly $84,385 per homeowner as part of the National Mortgage Settlement, according to a progress report released recently by Joseph A. Smit The Coming Housing ‘Fiscal Cliff’ By Octavio Nuiry, Staff Writer December 6, 2012 Most Americans have heard of the “fiscal cliff.” Short Sales Outnumber REO Sales in Third Quarter By Joel Cone, Staff Writer December 6, 2012 More than 193,000 U.S. properties in some stage of foreclosure were sold during the third quarter of 2012, according to RealtyTrac’s Q3 2012 U.S. Foreclosure & Short Sales Report. On the Road to Homeownership: The Search Begins in Earnest By Joel Cone, Staff Writer December 5, 2012 Armed with the knowledge of how much home we can afford without becoming house poor, and a pre-qualification letter in hand, I gave our Realtor the parameters of what type of home we were looking for. Frozen Chicago Foreclosure Activity Thawing By Daren Blomquist, RealtyTrac Vice President December 3, 2012 After a long winter frozen foreclosure activity in Chicago is finally beginning to thaw. And that’s good news because the market is hungry for more inventory, according to area real estate experts. Win the Foreclosure Bidding Wars By Daren Blomquist, RealtyTrac Vice President November 30, 2012 Buying foreclosures with retirement funds gives investors an edge over other buyers relying on traditional financing.

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