Foreclosures Raleigh
All Triangle MLS Bank Owned, REO, Fannie Mae foreclosed homes, HUD, VA, Federal Housing, Short Sales and Distressed Properties are available at RRG-Foreclosures.com. Request your FREE Foreclosure List today!
Please visit WakeGov.com Real Estate Foreclosures list to see pre-listed properties, courthouse step sales and recently sold properties. Search our listings to find your next home or investment property.
Homeowners Facing Foreclosure
- 1 out of every 200 homes will be foreclosed upon. – Mortgage Bankers Association
- Every three months, 250,000 new families enter into foreclosure. – Mortgage Bankers Association
- One child in every classroom in America is at risk of losing his/her home because their parents are unable to pay their mortgage. – Based on information from the Mortgage Bankers Association
- A slower real estate market can translate into falling prices and home values. As a result, homeowners who opted for adjustable rate mortgages may now find that as their mortgage rate adjusts higher, their home value is lower and therefore refinancing is no longer an option.
- Six in 10 homeowners wish they understood the terms and details of their mortgage better. – Freddie Mac/Roper poll of 2,031 U.S. homeowners, conducted 2005.
- More than 6 in 10 homeowners delinquent in their mortgage payments are not aware of services that mortgage lenders can offer to individuals having trouble with their mortgage. – Freddie Mac/Roper poll of 2,031 U.S. homeowners, conducted 2005.
Real Estate In The News
Former NYPD Officer Accused in $4.7 Million Real Estate Scam
Filed under: NewsA former police sergeant and a New York attorney are being charged with stealing $ 4.7 million from investors using an elaborate … [Read More...]
Listing of The Week: A ‘Hobbit House’ at Lake Tahoe
885 Hill Lane, Lake Tahoe, Nevada For sale: $ 3,700,000 When Paul Arnold and his wife Elizabeth decided to build their custom home, they wanted … [Read More...]
A Stingy Spirit Lifts Airline’s Profit
Spirit Airlines has scrimped its way to become, pound for pound, the most profitable airline in the U.S., helping reshape budget air travel by … [Read More...]
Losses Shrink For U.S. Stocks
U.S. stocks erased most of their losses, though concerns continued to hover around the euro zone. WSJ.com: What's News US … [Read More...]
Property Investment Blog
Fannie Mae 3MaxExpress Product Overview
I searched on the Subject title on BP, without results. Specifically, Fannie Mae MultiFamily loan programs. For example, this bank: http://www.commercialbanc.com/fannie-mae-products.html Is anyone familiar with (or used) this program? Thanks in … [Read More...]
Are You the Best Landlord in Town
Aaron Mazzrillo thanks for chiming in. I was doing a quick repair under a sink. Your definition of "best" was from a landlord's point of view. My message is to current and potential tenants who, as you know, don't care about my vacancy rates, but … [Read More...]
What is a good FSBO site?
have you tried craigslist? BiggerPockets Forums … [Read More...]
More Raleigh NC Foreclosure Stats
- - 50 plus percent from the employees at present danger falling behind on the mortgages once they miss just one paycheck.
- - Over 40 % of households can't conserve a three month emergency fund, and simply about 50 % get access to lots far more than $5000 in liquid assets in the course of an urgent scenario.
- - The most standard reason behind foreclosure is job loss, health crisis and debt.
- - Statistics indicate that every four out of 5 persons knowledge no less than 6 months or even more of unemployment throughout their lives due to some form of illness or disability.
- - A minimum of a single child from every single classroom in the US reaches opportunity of becoming homeless, simply simply because their parents may well be facing foreclosure sooner or later of one's time.
- - Most of lenders lose money on foreclosures, with regular losses ranging amongst 20 cents to six cents on every dollar. A lender or maybe a mortgage holder prefer to gladly use the present homeowner whenever we are able to.
