Hey there, it’s Marvin Morrison, your friendly Realtor over at Brookstone Realtors. I wanted to shoot you a quick update on what’s happening in the real estate scene. Things have cooled down a bit lately, and it’s no surprise with interest rates climbing and prices hitting the roof. It’s like the market caught a chill. …
Foreclosure and the Domino Effect of Procrastination As a foreclosure specialist, I’ve come across countless homeowners who’ve found themselves facing the daunting challenge of a looming foreclosure. It’s a distressing situation, compounded by the complex emotions and stressors attached. The age-old saying, “This too shall pass,” may bring solace to some, but the timeline of …
Zombie Foreclosures on the Rise but Poses Little Threat to Housing Stability The U.S. housing market, having experienced significant turmoil in the past, now faces another concerning trend – the rise in vacant homes under foreclosure. But, how concerning is this uptick? Let’s delve into the recent findings from ATTOM, a leading real estate …
Dead Debts Walking: The Rise of Zombie Properties Read More »
Reinstating a Defaulted Mortgage Prior to a Sheriff Sale Mortgages, like other financial obligations, come with the expectation of timely repayments. But life sometimes throws curveballs — job losses, medical emergencies, or other unforeseen financial challenges — that make it tough for homeowners to keep up. If mortgage payments are missed, the loan can …
Reinstating a Defaulted Mortgage Prior to a Sheriff Sale Read More »
Recent data by property data curator ATTOM has shed light on the dynamics of the U.S. foreclosure market in July 2023. The insights reflect both optimistic and cautious perspectives, demonstrating the continually evolving nature of the housing market. Let’s delve deeper. Snapshot of the Foreclosure Numbers – July 2023 saw 31,877 U.S. properties with foreclosure …
Foreclosure Trends in July 2023: A Deep Dive into the U.S. Housing Market Read More »