Monday, March 13, 2006

New Site from E-Loan Cofounder: Chris Larsen Prosper.com

E-Loan cofounder starts new Internet lending site Chris Larsen, co-founder of Pleasanton, Calif.-based E-Loan, which was bought by Puerto Rican bank Popular last year for $300 million, has launched a new online loan venture, reports say.
Prosper.com is a kind of eBay for loans, an online marketplace where lenders bid to provide loans to borrowers, according to reports. Like other Internet businesses that eliminate the middleman, its proposition is that everyone involved reaps the rewards of lower costs; borrowers get better interest rates than they'd pay on credit cards or bank loans, and lenders earn more interest than they would from money-market funds or savings accounts, accounts say.

ABAWatch.org and RESPA Guides

Colorado probe of real estate business partnerships, a source alerted to ABAWatch.org, a watchdog site for affiliated business arrangements. The site includes definitions and descriptions of ABAs and discussion boards, though it looks as if the last comments were in March 2005. (Note: Affiliated business arrangements among real estate service providers are legal under the Real Estate Settlement Procedures Act, known as RESPA, as long as certain guidelines are followed and companies disclose their relationship to consumers.) Another online venue that might be of help to real estate professionals trying to figure out how to stay out of trouble: HUD's guide to RESPA.

Sunday, March 5, 2006

TIPS ON BUYING PROPERTIES

TIPS ON BUYING PROPERTIES
Be Persistent! Can't find what you are looking for today? We add new inventory daily. The most successful investors view many properties before finding the right investment. Your hard work may pay off in a huge savings!

Available Property: Foreclosures.com is the most current and comprehensive data source for distressed properties on the Internet today!

The Best Source: With 100's of thousands of homes offered annually, we are the largest & most comprehensive database of Real Estate Nationwide.

Your Future: Investing in Real Estate may be one of your most financially rewarding experiences. Whether this is your first real estate purchase or you are a seasoned investor, buying a property can give you instant savings and equity in your home.

Monday, November 14, 2005

List of Foreclosed Homes

target=_top>Free List of Foreclosed Homes: No Money Down!

Foreclosure Trends October 2005

Foreclosure Trends October 2005
Re-Listing of HUD Properties in Southern States Results in New Foreclosure Increase BOCA RATON, Fla., Nov. 8 /PRNewswire/ -- According to data released todayby Foreclosure.com, 87,794 foreclosed residential properties were availablefor sale in the United States during October -- almost unchanged fromSeptember. The total number of new foreclosures listed for sale in October --21,998 -- increased eight percent from September. The re-listing of available U.S. Housing and Urban Development (HUD)-ownedproperties in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana,Mississippi, Oklahoma, South Carolina, Tennessee and Texas, resulted in theincrease of new foreclosures in October. By September 29, HUD identified allthe properties it would set aside for the victims of the storm and started re-listing inventory on October 6. For the remaining areas of the country, therewas less than a one percent increase in new foreclosures from September toOctober. "Foreclosure levels in the U.S. remain low compared to the beginning ofthis year," said Brad Geisen, president and CEO, Foreclosure.com. "While thereare still pockets of increasing inventory in the Midwest and Northwest,foreclosure levels in most of the country have remained flat during the pastsix months." Foreclosure Inventory in South Remains Affected by Hurricanes Some states in the southern region of the United States such as Florida,Georgia, Mississippi, Oklahoma, Tennessee and Texas, showed a significant risein the amount of new foreclosure listings in October. However, the totalforeclosure inventory in these states stayed flat or decreased from Septemberto October. Foreclosure inventory in these states remains below pre-hurricanelevels. In Louisiana and Alabama, foreclosure inventory remains very lowbecause of the federally mandated moratorium on new foreclosures in disasterareas. "Foreclosure inventory in the south will be affected by the hurricanes forat least the remainder of the year as the government continues its reliefefforts and displaced residents continue to move back into the area," saidGeisen. "We anticipate a higher than normal buyer demand for foreclosedproperties in the south, which will keep the total inventory levels low untilthe end of the moratorium period."

Sunday, November 6, 2005

Foreclosure Sites

Welcome to TheForeclosures.com
This site will be your source for foreclosure information. Are you tired of getting the runaround regarding foreclosures? Bookmark this site, we will have all the information you need here.
You will find information on foreclosures, pre-foreclosures, for sale by owner, new homes, probate, bank homes, reo, and auction homes.
This is a new site designed to discuss all aspects of services and offerings related to foreclosure, pre-foreclosure, reo, hud, bank homes, and other distressed homes.
What we will do is educate you about the process and direct you to some of the resources available. The concept is that if you do your research and educate yourself about the process you can in fact save money, in some cases as much as 50%. You do have to be careful, because there have been many cases where auctions have been held and the price of the home was more than the market value.
These are a few of the sites that are available for those searching for foreclosure information. Most of the information available on these sites is available for free at the county court offices. What these sites do is aggregate the data and sell you a subscription. Most of these sites are updated daily and offer some sort of email notification system of properties.
Foreclosure Sources
RealtyStore - newDescription/Information - Reviews - ****
REO Zone - over 250,000 foreclosuresDescription/Information - Reviews - ***
Default ResearchDescription/Information - Reviews - **** ForeclosureFreeSearchDescription/Information:"ForeclosureFreeSearch.com has the largest and most up-to-date foreclosure listing service available online. The data base is updated twice daily to reflect the most current home buying opportunities available anywhere in the U.S. And, you may know that ForeclosureFreeSearch.com has become the “go-to” expert in the national media when it comes to reporting on the status of defaulted real estate."
Buy Foreclosures & Save! 1000's of properties, Updated Daily. Sign up for Free 7-day access. No strings-no contracts-no hassles, cancel any time. Your next investment is waiting for you!
- Reviews - ***ForeclosureNetDescription/Information - Reviews - **BargainDescription/Information - Reviews - *RealtyTracDescription/Information - Reviews - ***ForeSaleByOwnerDescription/Information - Reviews - **Simple Real Estate SecretsDescription/Information: *Free Foreclosure Listings!*Where Investors Look For Homes*Finding Foreclosed Homes: All 50 States*Real Estate Investors: Foreclosure Listings! Investors: Foreclosure Listings! - Reviews - **CRNHome.comDescription/Information - Reviews - *** Simple Real Estate Secrets - FREE Foreclosure Listings Simple Real Estate Secrets - FREE Foreclosure Listings!
Regional Services: ForeclosuresMASS - Foreclosures in MassachusettsDescription/Information - Reviews - *****

Educational ProductseBooks: Real Estate Foreclosure books by Lance Young Description/Information - Reviews - ****
Online Classes:Online Classes in Real Estate Description/Information - Reviews - ***
Car/Auto Repo Listing Services:Up to 90% Off Book Value!Seized Cars, Trucks, SUV's and More!Thousands of cars become government & bank property every day through various seizure and surplus laws. The constant exchange of vehicles and the enormous expense to store them, means amazing deals and guaranteed rock bottom prices for you! All makes and models, cars, SUV's, trucks & more! Auctioned for up to 80% - 90% off the retail value. Purchase Directly from the source and save. Clean title cars, listings in every state, cars starting at $100. The Best Deal for Cars Onlinehttp://www.adreporting.com/dir.php?a=677636&p=645
Several services release trend data on foreclosures county by county and state by state.
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