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Update :: March 09, 2010
 

News Desk

 
Newsdesk | Volume 3 | Issue 226 | June 16, 2009

Top News
Foreclosure Numbers Don’t Paint the Real Picture - CNBC - - Yesterday RealtyTrac, an online foreclosure sale site, reported that the number of properties receiving , while they are still up 18 percent from May of 2008.
Savvy home shoppers can save at settlement - USA Today - - Home buyers dicker about appliances, cabinet styles and the move-in date but often question little when it comes to a pricey part of their purchase. Closing costs fees paid at settlement can add up to thousands of dollars.


Market News

Real Estate Weekly: Mortgage-fraud cases nearly double in 2 years - MarketWatch - - Mortgage rates leap A breather on foreclosures The number of mortgage-fraud cases the FBI is investigating is on the rise as scammers prey on unsuspecting homeowners behind on their mortgage payments and nearing foreclosure.

Technology News

Your Facebook business name: Already reserved? - CNET News.com - - Facebook employees and tech journalists aren't the only ones whose names have been reserved ahead of the big that will open up at midnight Eastern time Saturday morning.
iPhone 3G S: What you need to know - Macworld - - Magazine Subscribe & Get a Bonus CD Customer Service All about the iPhone, iPod touch, and App Store from the Apple


Other News
New foreclosure rules to start Monday - Sacramento Bee - - severe economic storm of more than 365,000 California foreclosures since early 2007, the state's long-awaited 90-day foreclosure moratorium law goes into effect Monday. But it doesn't mean foreclosures will stop. Supporters acknowledge the state is
Bargain Hunters Buying Foreclosed California Homes - CNBC - - Text Size Matt Bording doubts many in his financial bind would agree that home prices in California are near a bottom. And there are many in his predicament.
So, You Want to Be an REO Agent? - RIS Media - - Foreclosure Fundamentals by Rick Sharga RISMEDIA, June 13, 2009-According to the National Association of Realtors, between 40% and 45% of homes sold in the month of February were distressed properties-foreclosures, short
How to Market to Sellers Facing Foreclosure - RIS Media - - your marketing to their needs. Fifty percent of homeowners in a distressed situation do nothing to stop their foreclosure. Many feel embarrassed, overwhelmed and don’t even realize that there may be options. This is critical in understanding how you
Reel In First-Time Home Buyers - Wall Street Journal Online - - at the beginning, says Heather Joubran, an agent with Re/Max Central Realty in Lake Mary, Fla. If rising mortgage rates have your buyer spooked, consider paying the points to bring the interest rate down, says Mr. Mangan. But consider a buyer's timeline

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