Published by REALTOR Magazine on August 20, 2020 A two-bedroom, two-bath home—that comes with nine jail cells in the basement—is for sale in Fayette, Missouri A two-bedroom, two-bath home—that comes with nine jail cells in the basement—is for sale in Fayette, Mo. It’s that last part that’s making people pause. “WAIT until you get to …
Does That Home Have a Jail?! This $350k Listing Is Going Viral Read More »
Published by DSNews on August 11, 2020 U.S. mortgage performance was showing signs of sustained improvement in the months preceding the pandemic. In May, 7.3% of mortgages were at least 30 days late, according to CoreLogic. The cause? Reverberations of the recession on loan performance. CoreLogic’s latest Loan Performance Insights Report reveals that, compared to the …
Published by DSNews on August 11, 2o2o It’s not too late for mortgage servicers to prepare for the next pandemic-driven event—a likely rise in loan modifications and loss mitigation requests. Charles Dickens and Mark Twain may have been contemporaries, but they sure didn’t see eye to eye when it came to time management. Dickens is known …
By Renee Beninate | Published by WEARTV on August 14th 2020 Florida’s eviction moratorium is set to expire on September 1, 2020 PENSACOLA, FL — The eviction moratoriums are meant to help tenants struggling to pay their rent during their pandemic, but one landlord says they’re now stuck bearing the burden. Michael Herring owns more …
Landlords face struggles of Florida’s eviction moratorium Read More »
Published by Fox Business on August 15, 2020 The state reported a monthly record of 10,771 home sales in July alone As the coronavirus prompts exoduses from New York and California, more and more people are committing to buying homes in Colorado. The Colorado Association of Realtors reported a monthly record of 10,771 single-family home sales in July— a 21 percent …
Published by REALTOR Magazine on August 14, 2020 In June, distressed sales—foreclosures and short sales—comprised just 3% of sales, according to the National Association of REALTORS® Even as mortgage delinquencies climb, foreclosure activity continues to be low. Foreclosure moratoriums ordered by federal and state governments during early phases of the pandemic likely helped to minimize the …
Moratoriums Keep Foreclosures Nearly Nonexistent Read More »
By Dan Harkey, Business & Finance consultant Large and small businesses are by the millions becoming insolvent and filing insolvency actions or bankruptcy. Going out of business has become the norm. Industries such as retailing, dining, air travel, hospitality, entertainment, etc. are purposely and systematically being destroyed. Family, social units and wealth creation are being …
Published by REALTOR Magazine on August 12, 2020 The FTC warns that some scammers are duping homeowners to make them believe they need to pay up front for mortgage help. Americans have lost about $106 million to fraud related to COVID-19 so far this year, the Federal Trade Commission warns. That prompted the commission to …
FTC: Beware of Scammers Eyeing Mortgage Assistance Read More »
Published by REALTOR Magazine on August 12, 2020 More employees are working remotely since the COVID-19 pandemic, a trend that may last for some companies. America’s business districts may be poised for a metamorphosis, Realtor.com® reports. More employees are working remotely since the COVID-19 pandemic, a trend that may last for some companies. High-rise office …
Published by AttomData on July 17, 2020 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2020, hit an all-time low with 165,530 filings reported. According to ATTOM Data Solutions’ recently released Midyear 2020 U.S. Foreclosure Market Report, U.S. properties with foreclosure filings — default …
Top 10 U.S. Metros with the Highest Foreclosure Rates in Q2 2020 Read More »
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