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More ponzi, to renter, to possible ponzi again newsarticles

Some of these people are on their 3rd house! Foreclosed Homeowners Getting Back In The Market by Yuki Noguchi November 14, 2012 Buyers are coming back into the housing market after losing their homes during the financial crisis — returning to homeownership more quickly than lenders have typically allowed. With millions of families with recent foreclosures on their records, some report that they are having luck buying a house — in some cases within three years. Jason Strotheide, for example, bought his house in Charlotte, Mich., from his grandfather. After Strotheide refinanced the house to pay for renovations, payments increased, causing the family to rely more on ballooning credit. In early 2010, he and his wife filed for bankruptcy protection [Read More...]

 
Rents are still rapidly increasing

October home prices rise 2.9% as rents soar above 5% By Kerri Ann Panchuk November 5, 2012 • 9:14am Home prices rose 2.9% over last year in October, but had nothing on the rental market which saw rates rise 5.1% from 2011 levels, Trulia said Monday. The numbers show a national real estate market that is experiencing gradual price appreciation. Yet, the impact of potential buyers unable to obtain mortgages is exemplified by climbing rental rents, especially in markets like Houston and Miami, where rents rose 16.5% and 10%, respectively. The online real estate site released this data from its Trulia Price Monitor and Trulia Rent Monitor for the month of October. Prices from September to October edged up 0.7%, [Read More...]

 
We'll sell your property in 49 days or we'll pay you $2,500! List with us today!

Market your home with Akason Realty Consulting and OC Housing News Why partner with Akason Realty Consulting and OC Housing News to market and sell your home? We likely have a buyer for your home now. We are so confident, we will sell your home 49 days or less we will pay you $2500 if we don’t! Real estate has changed. Eighty-two percent of buyers find their homes online, Akason Realty Consulting has been the number one team out of over 900 agents at Evergreen Realty for the past three years in a row. No local team has a stronger Internet presence. People choose to hire a professional when they want to sell their home faster, for more money, and [Read More...]

 
Frustrated by low inventory? Find tomorrow's listings today with our exclusive pre-MLS search tool.

If you are searching for a home in today’s market, you know how difficult it is to find the right property. Inventory is extraordinarily low, and there is little sign that the banks are going to release more properties to the market soon. There is still a tremendous inventory of distressed properties, and our foreclosure search too can prove it. This tool is useful for more than just indulging idle curiosity. If you are searching for your next home, this tool can help you find properties before they hit the MLS. With our fundamental value reports, we can help you research bank-owned properties before they are released so you can be ready to pounce if it meets your needs. Have [Read More...]

 
Wouldn't you be embarrassed to overpay by $100,000? Our report saves you money.

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

 
Tighter lending rules for Condo, Townhomes, and the self-employed

These are not so much new rules but a return to old rules. Tighter rules for some borrowers By Polyana da Costa · Bankrate.com Tuesday, October 16, 2012Posted: 1 pm ET Condo buyers and self-employed borrowers may soon have to jump through additional hoops to get a mortgage as Fannie Mae tightens underwriting standards. Starting Oct. 20, borrowers who put less than 20 percent down on a condo will have to provide documentation to demonstrate that the homeowners association is financially stable. Fannie currently requires the info for buyers putting less than 10 percent down. The documentation includes a reserve study to show that the association has enough cash saved for emergencies, a request for proof that the association has [Read More...]

 
Only fools buy houses without knowing neighborhood values. Don't be a fool.

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

 
Smart buyers find undervalued neighborhoods. Our report shows you how.

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

 
Don't suffer the pain of an underwater mortgage. Get this report before it's too late.

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

 
Is it a good time to buy a home and get a bargain? Get this report now!

Don’t bid on a house until you see our report! It’s that important. Are house prices inflated or undervalued? What should house prices be in your search area? Are the neighborhoods and cities you are looking in overvalued? Are you missing opportunities in nearby communities? Our report has those answers. Are you better off renting instead of buying? Will your cost of ownership be more or less than a comparable rental? Is it currently cheaper to own or rent? Has it always been that way? Our report has those answers too. Save thousands on your next home. Be smarter than bubble era sheeple who overpaid and lost their homes. Get the OCHN newsletter right now. You can’t afford to wait. [Read More...]

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