Is foreclosure armageddon upon us?


Some headlines have hit the foreclosure panic button. Let the RebelBroker sooth your nerves.

You just gotta love some of the headlines that get written in todays media! From the good folks over at Realtor Magazine online, we get a headline sharing the startling fact that foreclosures are up by huge margins in some metros and across the country! Is it time to panic? Sell your home and move into a cave? Stockpile dental floss and those weird little weiners they put in pop top cans? Probably not. Today, we will chat about that article and how to spot info that should have you thinking a little more deeply about what they are trying to tell you. What can I say, it’s an awesome show today, really.

 

Articles and Info:

  • https://magazine.realtor/daily-news/2019/11/18/metros-where-foreclosures-are-increasing?
  • https://www.realtytrac.com/statsandtrends/foreclosuretrends/
  • https://www.attomdata.com/news/market-trends/foreclosures/attom-data-solutions-october-2019-u-s-foreclosure-activity-report/

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#realestate,#investing,#realestateinvesting,#foreclosure,#entrepreneur, #california, #armageddon

Delaying foreclosure process, smart or not so much?


Rep. Maxine Waters, D-Calif. wants to pass a bill that will end up delaying the foreclosure process

Truth be told, I am not a huge fan of Rep Waters. In fact, if you look back on her political history, a whole lot of what got us in trouble last time can be laid at her feet. Now she wants to make it harder to work through foreclosures that relate to FHA. Of course, you can bet she will try to have that apply to Fanny and Freddie as well – which accounts for the vast majority of loans out there. This could be a really bad thing and we will chat about its likely effects.

Plus, we cover some of the latest news relating to home prices, bidding wars and how half the markets out there are going nuts!

 

HELP THE SHOW GROW by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show“. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate exclusives? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222 – or click the button below. When prompted, text your email address and you are in!

JOIN THE REBEL UNDERGROUND!


SPONSOR

Audible.com – Audible is offering real estate realities listeners a free audiobook of your choice and a free 30-day trial membership. Just go to http://audibletrial.com/rebel and choose from over 180,000 audio programs – download a title free and start listening!

SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE BOOK AND 30 DAY TRIAL!

 

Podcast: FHA facilitating the next foreclosure boom?

In this weeks show we will spend some time looking into how the practices of the FHA are actually creating a new pool of possible foreclosures.

The market and the news seems very short sale focused these days. We will get up to date on that.

A new segment has been added to todays show. Each week we will explore – live – the worst recent listings. A little something we like to call “The Listings of Shame”. Is a real estate agent doing their job when a multi-million dollar home has only 1 photograph in the MLS? I don’t think the seller would think so.

Here is the image I mentioned during the show as well:

 

We also cover the resurgence of bidding wars and how some are saying prices will not recover. All that and more on this weeks show!

 

Listen to internet radio with The RebelBroker on Blog Talk Radio

Real Estate Realities Live Podcast – April 20, 2012

In this weeks show we say good-bye to a loved family friend.  On Thursday I attended a memorial service for Michael Heavyside. The world is poorer for his loss and I hope we all take the time to reflect on the people in our lives that we would miss when they are gone.

We also take a look at the latest news.  We also have some fresh off the presses info from my inside source in the Bank of Americas short sale and borrower to tenant programs.

There have also been some indications in the economy at large that things are slowing down. We will look at those items and see how they would likely effect the real estate world.

Short sales are outnumbering foreclosures. This is actually good news and it is starting to look like banks are starting to realize how stupidly they have been shooting themselves in the foot regarding short sales – and it only took about 3 years for them to figure it out!

Also the folks at FHFA have issued some short sale approval guidance.

Check out this weeks show for all that and more

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I am passionate about real estate and helping people understand more about the world of real estate and how it can enrich their lives. Managing your home and growing your resources allow you to focus on the important things in life like family, friends and personal growth. Through this newsletter I will share my 30 years of experience to help you make the kinds of decisions that maximize your ability to achieve success.

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