June 27th, 2009 by admin
Former heavyweight champion Evander Holyfield is yet again faced with the threat of foreclosure on his 54,000- square foot home in suburban Atlanta. It is reported that Holyfield expects an agreement to be arrived at before the 235- estate is auctioned. Evander Holyfield has earned more than $120 million throughout his entire career but at the ripe age of 46- despite Evander claiming he is still an active fighter- there is no big money coming in. Holyfield must reduce himself to a humbler abode that does not include 109 rooms, 17 bathrooms, three kitchens and a bowling alley. Holyfield is going through some rough times……
Natasia DaSilva
Foreclosure Expert
June 16th, 2009 by admin
One of our internal commitments is to our staff at Foreclosure.com. We actually take our employees to live foreclosure auctions at the Palm Beach County Court House in West Palm Beach, Fla., each week to teach them the foreclosure process.
This experience, which we offer to introduce new employees to the actual experience, as well as keep the topic fresh on the minds of our more experienced team members, helps them better understand the value we bring our subscribers. From customer service to human resources to programming, all personnel types from every department at Foreclosure.com are invited to participate in the weekly excursions.
NOW WE WANT TO INVITE YOU TO COME ALONG AND JOIN US!
Linda Yates, Director of Education at Foreclosure.com, is now conducting FREE auction education classes at the Palm Beach County Courthouse every Thursday morning. The class will teach you how to look up information on the properties for sale, then you will attend a live auction to see how the auction process works.
You’ll become a pro in no time!
So if you are ever in the South Florida area and want to learn the tips and tricks to finding a great home and/or make a fortune at foreclosure auctions then you need to give us a call at 1-866-382-2439 to make a reservation for the class.
You MUST have a reservation because class sizes are limited. Classes, which are again FREE to attend, are held from 9:30 am to 11:30 am every Thursday.
Hope to meet you on the court house steps real soon!
June 16th, 2009 by admin
The Foreclosure.com Community Expert Program (CEP) continues to roll, connecting real estate agents with 1,000’s of potential buyers in their local areas for less than the cost of one open house ad.
Sounds too good to be true, right? Well, the good news is that it is indeed a fact.
Community experts appear directly on the property details pages for all the listings that we have in our massive nationwide database (more than two million and counting) in their designated communities. It’s the best and most cost effective online marketing program available anywhere.
Especially when you consider that Foreclosure.com is getting crushed around the clock and setting new traffic records month-over-month because of the interest in distressed real estate.
In fact, Foreclosure.com — already America’s largest and most trusted source for distressed real estate information — is among the top 20 online real estate destinations on the Web, placing twelfth for visits on a recent report from HitWise.com — the leading online competitive intelligence service — for the week ending on Feb. 28.
This business has always been about “Location, Location and Location.” And it doesn’t get any better for real estate agents right now than marketing their services on the hottest Web address on the Internet to find buyers, Foreclosure.com.
We can tell you about how successful Community Expert Program agents are until we’re blue in the face, but it might be better if we let you hear it straight from them. Check out our latest testimonials after the jump, as well as instructions on how to get in on all the scorching action.
Community Expert:
Kristin Triolo
Sarasota, Florida
Five CEP zip codes
“You were right about the 34205 zip code! I already got a call this afternoon. Thank you!”
Community Expert:
Dennis Hearing
Broward, Florida
25 CEP zip codes
“I would caution anyone considering sponsoring zip codes. If you hate it when the phone rings-ALOT, this program is definitely not for you! Since we have been on we have connected with several serious investors and many, many serious RTG qualified buyers. We are currently in contract on several properties and have closed several others from leads we received from Foreclosure.com”
Community Expert:
Jennifer Nelson
Buffalo, New York
Five CEP zip codes
“You were right about the 34205 zip code! I already got a call this afternoon. Thank you!”
Community Expert:
David Offutt
Brockton, Massachusetts
Five CEP zip codes
“Being a Community Expert has brought me a whole new group of buyer leads, helps keep my pipeline full, and has introduced me to lifetime colleagues & business partners.”
Community Expert:
Sean Sweeney
Johnson, Texas
Five CEP zip codes with 11 homebuyers to date
“The program is going great. I just wish i did it sooner. I know have 9 buyer under agreement with me, 2 pending contracts already and phone is still ringing with newbies. 110 percent completely satisfied with you.”
If you are a real estate agent/broker who would like more information on the Foreclosure.com Community Expert program click here or call us at 866-382-4445 — we’ll set you up fast!
Interested buyers/investors who would like to connect with CEPs in their areas should begin their searches right here.
June 16th, 2009 by admin
Mortgage Bankers Association today released a report that revealed 12 percent of borrowers with home loans are behind on their payments or in foreclosure, setting a record that is a 36 basis point increase from just one year ago.
In fact, it’s the highest seasonally adjusted rate since the MBA National Delinquency Survey began tracking defaults in 1972.
Here’s a snip from Jay Brinkmann, MBA chief economist, on the sobering findings:
“The increase in the foreclosure number is sobering but not unexpected. The rate of foreclosure starts remained essentially flat for the last three quarters of 2008 and we suspected that the numbers were artificially low due to various state and local moratoria, the Fannie Mae and Freddie Mac halt on foreclosures, and various company-level moratoria. Now that the guidelines of the administration’s loan modification programs are known, combined with the large number of vacant homes with past due mortgages, the pace of foreclosures has stepped up considerably.”
The report confirms that adjustable rate mortgages (ARM) that have re-set to higher interest rates and rising unemployment figures are likely the two key contributing factors behind the spike. And it’s being felt the most in Arizona, California, Florida and Nevada, which remain the hardest hit states in the nation, accounting for nearly half (46 percent) of all new foreclosure filings.
For information on foreclosure assistance remember that professional consultants can be reached right here. It’s free help. To check out the latest on the “Making Home Affordable” program and see if it will work for you go here.
June 16th, 2009 by admin
Foreclosure filings were reported on 342,038 U.S. properties during April, an increase of less than 1 percent from the previous month and an increase of 32 percent from April 2008.
June 16th, 2009 by admin
A $789 billion economic stimulus bill signed into law by President Obama on Tuesday, Feb. 17, 2009, included a generous tax break for first-time homebuyers.
June 16th, 2009 by admin
News on the employment front is grim and getting grimmer. It’s being widely reported that job losses are the highest they’ve been in 50 years. Actually though, that’s not quite the whole story.
June 16th, 2009 by admin
Foreclosure filings were reported on 321,480 U.S. properties during the month, a decrease of 6 percent from the previous month but an increase of nearly 18 percent from May 2008.
June 16th, 2009 by admin
RealtyTrac and Primedia Inc. announced a partnership that allows users of several Primedia websites to search foreclosure properties nationwide.
