Foreclosure Alert System

Dear sir or madam, I would like to know if this system is still available and how much do you charge. And if it's no longer available do you have any other system's lke or any kind of deal finding systems. Thank you. Please email me at my wifes email address Catishapinnock@****

FHA Dropping Upper Loan Limits
The Federal Housing Administration has announced that it is reducing its stake in the home market by dropping the upper limit for loans from $729,750 to $625,500 in around 650 counties nationally. This is primarily due to higher home prices, and the FHA says it will allow it to concentrate more on less wealthy homeowners.

Foreclosures Drop to Low Level
RealtyTrac reports that foreclosure filings dropped in November by 15% to a total of 113,454 properties. This includes default notices, auctions, and bank repossessions. This represents the biggest monthly decline since November of 2010, and it’s the lowest level of foreclosures since December 2006. Filings are down by 37 percent year-over-year.

Wheelbarrow for Mortgage Applications

I recently acquired a waterfront property here in Arizona that is about 50% completed but was abandoned several years ago.
Shortly after getting the deed I get a notice from the sanitary district with a billing of almost $6,000.00.
They never put a lien on the property so there was no public record. The interest alone is going up over $85.00 a month.
I have filed a court case on this so we will see what happens.

John

Old Dust

NEW YORK (CNNMoney) -- Foreclosure filings in April fell for the third straight month to the lowest level since July 2007.

Total foreclosure activity for April, including default notices, scheduled auctions and bank repossessions, was down 5% from March, according to RealtyTrac.

More than 30% of mortgage borrowers still underwater
Foreclosures fall to lowest level since 2007
Logjam in foreclosure filings breaking up
How our home was saved from foreclosure
What the foreclosure settlement means for you

Bank repossessions declined significantly -- there were 51,415 repossessions last month, down 26% from a year ago, and about half the 102,000 monthly repossessions at the peak in September 2010.

Does anyone know the possible causes of the foreclosure alert website to freeze during the loading phase? When I login, all it does is give me a "loading, please wait..." notice. It never loads the page. I've waited as much as 30 minutes...

Article Source
http://www.deseretnews.com/article/700073068/GMAC-to-review-foreclosure-...

WASHINGTON — GMAC Mortgage says it will review all its foreclosures nationwide to determine whether documents contain errors. But it's stopping short of a nationwide foreclosure freeze.

The company says its review will determine whether foreclosures in all 50 states were handled according to state laws.

GMAC's move expands its response to evidence that its employees signed foreclosure documents without reading them. GMAC is still initiating foreclosures nationwide. But it's stopped evicting homeowners and selling foreclosed homes in the 23 states that require judges' approval.

My first post so please bear with me. When I select a property to view and it has a judgemnt amount, a sales price, and a transfer price, what number would you base your bid on? If it has a Trustee Deed who would the bid be submitted to? What about a sherriff's deed? Totally new to the real estate game and want to jump into it with both feet, I would rather do something and make a mistake than do nothing at all. Thank you, Ward