Comments on: Foreclosure, REO, bank-owned or short sale?

By: herir

herir — Mon, 26 Dec 2011 05:57:21 +0000

http://prescott-area-foreclosures.com/wordpress/foreclosuredreobank-owned-or-short-sale/

By: baton rouge short sale

baton rouge short sale — Mon, 10 Jan 2011 05:43:15 +0000

It has almost always been my opinion that it was the lack of government over sight of the mortgage/banking industry that caused the problem. For those that are calling for the breakup of fanny/Freddy, I think you are miss guided. Both Wall Street and the GSI’s were greedy, nothing more. Wall st via fees and the GSI’s via yield. Both have strong lobbyist arms which have deep and troubling influence. The public was, at the highest levels of government and wall st miss lead. This is not giving the public a pass on being stupid, but the piper played and everyone went along. You will never have a strong consumer advocate government while you have over whelming corporate lobbyist influence over our elected officials. To those of you who still subscribe to laissez-faire capitalism, until you control greed and ignorance, you will continue to doom us to these cycles of boom and bust. Ayn Rands mind set will continue to fail.It is a mess no doubt and with any luck our current government will make good decisions to do the “right” thing and teach people how to fish again so we can get out of this mess!!! They no doubt will hold the largest influence in the solution as it continues to unfold. I know one thing is for certain and that is to get informed and VOTE!!

By: baton rouge foreclosures

baton rouge foreclosures — Mon, 10 Jan 2011 05:37:20 +0000

Many people pushing for Mortgage Tax deduct repeal. Especially other investment brokers as they push for people to invest in other things other than their homesYou mentioned mortgages harder to get. Yes, they are all full doc but the looser loans are creeping in and providing stability for the low end homes. You can get a 30 year fixed at 4.5% No Money Down with a FICO of 570 and dtI 46%. With loans like that again available the low end is being allowed to crash as it should to get this market moving again.

By: Buy Foreclosed Houses - The Big Picture

Buy Foreclosed Houses - The Big Picture — Mon, 02 Feb 2009 19:04:44 +0000

[...] Foreclosured/REO/Bank-Owned or short sale? While both of these types of properties can offer great value, the data shows that buyers in the Prescott area are much more likely to purchase a foreclosed property than a short sale property. [...]