Friday, March 12, 2010

Oh No…Here We Go… Charleston, SC Area Foreclosures

Oh No…Here We Go… Charleston, SC Area Foreclosures

February 21, 2010 by Steve deGuzman · Leave a Comment 

The residential real estate market has been in a very odd state of nothingness if you will every since the moratarium on foreclusres of 2009. It looks like the market is poised to clean these residential defaults up and with swiftness. The local paper has posted this article:
http://www.postandcourier.com/news/2010/feb/20/foreclosures-leveling-off/
Lenders began foreclosing on 1,196 properties [...]

In Pictures: The Severity Of The Foreclosure Crisis Depends On Where You Live

February 11, 2010 by Steve deGuzman · 1 Comment 

For as much as the foreclosure filing statistics can be astounding — over 300,000 homes were served last month alone — the prevalence of foreclosures depends on where you live.

Simple Real Estate Definitions : Short Sale

Simple Real Estate Definitions : Short Sale

February 2, 2010 by Steve deGuzman · Leave a Comment 

A “Short Sale” is when a home seller sells his home for a lesser amount than what is owed on his mortgage, and the mortgage lender agrees to accept the lesser amount in lieu of a full payoff.

Realty Check: CNBC.com Video

January 29, 2010 by Steve deGuzman · Leave a Comment 

Housing Permits Spike For The Second Straight Month

January 22, 2010 by Steve deGuzman · Leave a Comment 

After posting a 7 percent gain in November, permits rose by another 8 percent in December. It’s a signal that housing is in recovery. More permits mean that builders plan to bring more homes on the market for what’s expected to be a very busy spring home-shopping season.

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