Tag Archives: Real Estate News

Foreclosure Rate Heat Map for Nevada

Posted on January 19, 2012 by admin

Tweet We know that Nevada leads the nation in foreclosures but seldom with little supporting data. This heat map from RealtyTrac shows the foreclosure data for Nevada county by county. One out of 177 housing units received a foreclosure filing … Continue reading →

Posted in Foreclosure, Nevada, Real estate news, Reno Real Estate, Sparks Real Estate | Tagged , , , , , , , | Leave a comment

Would You Catch a Falling Knife?

Posted on January 18, 2012 by admin

Tweet The question arises, has the real estate market bottomed out? And is this a good time to buy? Can you compare buying real estate today to catching a falling knife? If you ever wanted to see a super analysis … Continue reading →

Posted in Economy, Financing, Foreclosure, Real estate news, Reno Real Estate, Sparks Real Estate | Tagged , , , , , , | Leave a comment

Unemployed Borrowers Get Break from Fannie Mae

Posted on January 14, 2012 by admin

Tweet New guidelines from Fannie Mae followed similar guidelines from Freddie Mac on forbearance for homeowners that are unemployed and facing foreclosure. The loan servicer can grant six months forbearance without the GSE’s approval. If the borrower is still unemployed … Continue reading →

Posted in Economy, Financing, Foreclosure, Government, Real estate news, Reno Real Estate, Unemployment | Tagged , , , , , , | Leave a comment

Nevada Notaries Charged With Fraudulent Foreclosure Documents

Posted on December 30, 2011 by admin

Tweet Just in case you may have forgotten about the robo-signing scandal that first came to light in Florida, I thought that I might jar your memory. Florida happens to be a judicial foreclosure state while Nevada is non-judicial. In … Continue reading →

Posted in Financing, Foreclosure, Fraud, Government, Mortgage Fraud, Nevada, Real estate news | Tagged , , , , , | Leave a comment

Mortgage Interest Rates at Record Low

Posted on December 23, 2011 by admin

Tweet The rate on the 30-year fixed mortgage reached a new record low of 3.91 percent. This marks the third new low this year. The 15-year fixed mortgage rate, remained unchanged at a low of 3.21 percent. The exceptionally low … Continue reading →

Posted in Economy, Financing, Nevada, Reno, Reno Real Estate, Sparks Real Estate, Unemployment | Tagged , , , , , , , | Leave a comment

NAR says Over Counting was Minor

Posted on December 14, 2011 by admin

Tweet The NAR ( National Association of Realtors) Has been fudging the data on the sales of esisting homes for at least the last four years. Just in case you didn’t make the connection, that’s at least since the Obama … Continue reading →

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Has the Housing Market Hit Bottom?

Posted on December 9, 2011 by admin

Tweet Luxury home builder, Toll Brothers entered the Seattle market by buying CamWest development. So what does this mean for Reno, and why should we care? Motley Fool takes this as a sign that we are now at the bottom … Continue reading →

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How Hard is it to get a New Mortgage Loan?

Posted on December 9, 2011 by admin

Tweet Is it really hard to get a mortbgage loan? Some folks think so, but is it really the case? According to stan Humphsries, it”s acturally easier today than it was in 2000 or 2006. In 2000, 54 percent of … Continue reading →

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New Short Sale Rules From Freddie Mac

Posted on November 22, 2011 by admin

Tweet Effective Jan, 1, 2012 everyone involved with Freddie Mac short sales will be required to sign an affidavit and be held liable for any misrepresentations they may have caused. This is purportedly to ensure that the transaction is at … Continue reading →

Posted in America, Financing, Foreclosure, Fraud, Government, Mortgage Fraud, Real estate news, Short Sale Fraud, Short Sales | Tagged , , , , , | Leave a comment

MERS Foreclosure Upheld by California Courts

Posted on September 29, 2011 by admin

Tweet Two different courts in California have upheld foreclosures by MERS corp. The court ruled the statute cited by plaintiffs to prove an improper foreclosure applies only to mortgages, not deeds of trust, and other state laws give MERS authority … Continue reading →

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