05th November 2009
Copyright (c) 2009 Frank Patrick
Foreclosure Trash Outs Make the News
As foreclosures continue to mount and unemployment continues to increase, it�s only natural that the media would begin to focus on the property preservation business opportunity...
07th September 2009
Copyright (c) 2009 Frank Patrick
A Growing Problem for Cities: Overgrown Lawns of REO Homes
Agents and brokers for REO (Real Estate Owned) homes � unoccupied homes where the owners have been evicted due to mortgage default � are finding that if...
02nd September 2009
Copyright (c) 2009 Frank Patrick
How Foreclosure Contractors Make the Difference in the REO Marketplace
Knowledgeable real estate experts know that foreclosed properties are taking a long time to finally making their way back on the market � to tr...
02nd September 2009
Copyright (c) 2009 Frank Patrick
Foreclosure Filings Rise 32% Year-to-Year
REO properties will continue to make up a large part of the housing market for some time to come, judging by the latest foreclosure and mortgage data.
In July, foreclosure...
25th August 2009
Copyright (c) 2009 Frank Patrick
Million-Plus �McMansions� To Be Next Big REO Listing Category
Up until now, the middle class has been hardest hit by plummeting home prices and a bad real estate market. This has resulted in massive mortgage def...
20th August 2009
Copyright (c) 2009 Frank Patrick
Abandoned Foreclosure Home Pools are Potential Disease Pits
Foreclosures that have been abandoned by their owners are at historic highs. For many holders of mortgages left owing a lot more than their house is actual...
16th August 2009
Copyright (c) 2009 Frank Patrick
The Next Foreclosure Wave is Just Beginning
You probably already saw the news trumpeted at the end of May that said a record 12 percent of homeowners with a mortgage had fallen behind in their payments in the first q...
11th August 2009
Copyright (c) 2009 Frank Patrick
How Reckless Lending Fueled Foreclosures
Everyone knows the economy is bad � and that it all started with the housing crash. Foreclosures continue to fill up the airwaves � but just how bad is it? We often hea...
31st July 2009
Copyright (c) 2009 Frank Patrick
Experts Predict Elevated Levels of Foreclosures for Next Three Years
Just when everyone thought the level of mortgage defaults couldn�t get any worse, it did in the second quarter of 2009.
It�s now clear the R...
09th July 2009
Copyright (c) 2009 Frank Patrick
$89,000 Revenues in One Month - One Couple's Amazing Story
It hasn't been a good economic time for most Americans. And Matt and Carrie Singleton were certainly no exception.
They had always run their own business...
28th June 2009
Copyright (c) 2009 Frank Patrick
Why the Housing Market Won�t Improve Soon
While most real estate agents and brokers are desperately searching for signs that the housing market is recovering, those signs are simply not there yet. The foreclosures...
16th April 2009
Copyright (c) 2009 Frank Patrick
Mortgage Defaults Continue to Grow at Record Rates
The initial wave of toxic Subprime Mortgages that caused so many foreclosures and put so many REO (Real Estate Owned) properties on the market may have subsided � ...
03rd March 2009
Copyright (c) 2009 Frank Patrick
Why the Foreclosure Market Will Continue to Soar
Countrywide Financial regularly updates an online chart showing how the numbers are trending on its REO properties. Back in August, that chart looked like this:
A ...
20th February 2009
Copyright (c) 2009 Frank Patrick
The Housing Bubble Pops for the Hollywood�s Elite
In 2008, the U.S. housing market lost over 3 trillion dollars in value � with an overall decline of over 11% of the average house price and over 2.3 million homes...
