New Realty News ... July's bank repossession ( REO ) total was the second highest monthly total since RealtyTrac began tracking the activity of REO properties in April 2005 and was 1% below the monthly REO activity peak of 93777 in May 2010. Nevada, Arizona, Florida post top state foreclosure rates in July With one in every 82 housing units receiving a foreclosure filing in July, Nevada continued to document the nation's highest foreclosure rate for the 43rd straight month [...more]
Yet another way of buying foreclosures in Nevada is through bank listings of real estate owned or REO properties . [...more]
Not including REO properties , nearly 6.3 million loans were noncurrent in May. When REO properties were included, the total jumped to nearly 7.4 million. On a state-by-state basis, Florida and Nevada continued to hold the most ... [...more]
Please visit our REO ResQ™ franchise site at www.REOResQ.com for more information about how to join the fast-growing and lucrative property preservation industry. [...more]
At the state level, the range in market share accounted for by REO properties and homes in foreclosure ranged from a high of 63 percent of sales in Nevada, to a low of less than 8 percent of home sales in Iowa. [...more]
Good news on the residential foreclosures front: They're down. The May total was 3% lower than in April, according to the newest tabulations by Irvine, CA-based RealtyTrac. On another related front, bank repossessions and auction sales .. [...more]
Beginning May 3, Fannie Mae will extend the waiting time investors in Nevada must wait before offering a bid on an REO property from 15 days to 30, according to. [...more]
Beginning May 3, Fannie Mae will extend the waiting time investors in Nevada must wait before offering a bid on an REO property from 15 days to 30, according to. [...more]
66 homes are on the market and only 4 are REO's or short sale listings. Does this mean that the flood of distressed properties has abated [...more]
The house next door had two large vehicles parked on it's front lawn and a huge piece of machinery thrown on the lawn (it may actually have been on the REO ''s property , it was right on the line). When I was there seeing the house, ... [...more]
