All Posts Tagged With: "Foreclosures"

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Lehigh Valley Foreclosure Listings

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The amount of bank owned properties currently available in the Lehigh Valley has risen to new levels. Part of this is due to creative financing done by both banks and borrowsers in recent years. In addition many homes were over valued and therefore over priced, which lead to many buyers over paying. Add this [...]

9Sep2008 | admin | 0 comments | Continued
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Housing bill on track to pass Senate

Foreclosure aid: Measure would help about 400,000 homeowners.
The Senate cleared the last hurdle Friday to passing a housing rescue aimed at sparing hundreds of thousands of homeowners from foreclosure and bolstering troubled mortgage giants Fannie Mae and Freddie Mac.
The 80-13 test vote showed broad support for the election-year package and put it on track to [...]

28Jul2008 | admin | 2 comments | Continued
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Lehigh Valley Short Sales and Pre-Foreclosures

So what exactly is a shot sale anyway? A short sale is when a home is in pre-foreclosure and the bank allows the owner to list the home with a Realtor and try to sell the home and avoid foreclosure. In most cases it is being sold for less than what is owed to the bank. The [...]

9Jun2008 | admin | 0 comments | Continued