Browsing Category 'News'

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A distressed title transfer is a change in real property ownership.  Most distressed ownership changes are either by short sale or through foreclosure auctions.  At the foreclosure auction either the lender takes back the property or sells it to a third party (investor) at the auction. In 2011, 62,156 single family properties in Maricopa County […]

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  Foreclosure activity continues to wane across the U.S. with 52,000 foreclosures completed in April, down 16% from 62,000 a year earlier, CoreLogic ($26.26 -0.51%) said Wednesday. On a month-over-month basis, the number of finalized foreclosures remains unchanged. Last month, 1.1 million homes lingered in some stage of foreclosure – making up the nation’s foreclosure […]

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The Department of Housing and Urban Development may announce smaller sized settlements along with home loan servicers and additional insurance high quality increases to cover a $688 zillion pit in the Federal Housing Administration. Based on the fiscal 2013 budget projection from the Office associated with Administration as well as Spending budget Mon, the FHA […]

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The U.S. Department of Housing and Urban Development granted nearly $1.8 billion to public housing regulators for making enhancements within their housing stock. HUD disbursed capital to all 50 states, the District of Columbia, Guam, Puerto Rico as well as the U.S. Virgin Islands. The funds may be used to develop, fix, refurbish or modernize […]

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Having a definite knowledge of these topics will certainly help buyers and sellers avoid potential challenges through the negotiating phase and even after title is moved. FIXTURES: A fixture is an item of personal property which is so attached or connected to the property that it loses its character as personal property and results in […]

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