Comments on: Foreclosures up 45% in January http://www.biggerpockets.com/renewsblog/2006/02/21/foreclosures-up-45-in-january/ Learn, Network, Invest Mon, 23 Nov 2009 15:55:06 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Foreclosures Portland http://www.biggerpockets.com/renewsblog/2006/02/21/foreclosures-up-45-in-january/comment-page-1/#comment-53246 Foreclosures Portland Sat, 29 Dec 2007 08:09:54 +0000 http://biggerpockets.com/renewsblog/index.php/2006/02/21/foreclosures-up-45-in-january/#comment-53246 Oh yeah its only getting worse. In my city its seems like the foreclosures are doubling every 6 months, for the part year. The short sales are really hot right now also. I'm wondering if there would be more foreclosures if it wasnt for the short sales. I guess will see what happens in the next few years. Oh yeah its only getting worse. In my city its seems like the foreclosures are doubling every 6 months, for the part year. The short sales are really hot right now also. I’m wondering if there would be more foreclosures if it wasnt for the short sales. I guess will see what happens in the next few years.

]]> By: Joshua Dorkin http://www.biggerpockets.com/renewsblog/2006/02/21/foreclosures-up-45-in-january/comment-page-1/#comment-7678 Joshua Dorkin Sun, 08 Oct 2006 17:27:29 +0000 http://biggerpockets.com/renewsblog/index.php/2006/02/21/foreclosures-up-45-in-january/#comment-7678 Thanks for all of your comments Thanks for all of your comments

]]> By: Tommie W. Gibson http://www.biggerpockets.com/renewsblog/2006/02/21/foreclosures-up-45-in-january/comment-page-1/#comment-7675 Tommie W. Gibson Sun, 08 Oct 2006 16:06:58 +0000 http://biggerpockets.com/renewsblog/index.php/2006/02/21/foreclosures-up-45-in-january/#comment-7675 All the gloom and doom and "real estate bubble" articles are an easy find. Houston continues to be a hot market. With strict 80% max LTV's on cash out loans, and being late to the cash-out loans free for all, all together, I dont see the crunch anywhere near all the pesimistic descriptions on the national front. Not yet anyway.... Love the blog, great info. All the gloom and doom and “real estate bubble” articles are an easy find. Houston continues to be a hot market. With strict 80% max LTV’s on cash out loans, and being late to the cash-out loans free for all, all together, I dont see the crunch anywhere near all the pesimistic descriptions on the national front. Not yet anyway….
Love the blog, great info.

]]> By: We Buy Houses in RI http://www.biggerpockets.com/renewsblog/2006/02/21/foreclosures-up-45-in-january/comment-page-1/#comment-1210 We Buy Houses in RI Mon, 06 Mar 2006 03:19:40 +0000 http://biggerpockets.com/renewsblog/index.php/2006/02/21/foreclosures-up-45-in-january/#comment-1210 Just today our main paper here in RI ran an article titled <a href="http://www.projo.com/news/content/projo_20060305_fsold05.34130e1.html" rel="nofollow">Foreclosed</a> that claims we lead the country in higher-risk mortgages going into foreclosure. I think the real problem, across the country, is banks that loan to anyone who can fog a mirror, with things like "no doc" 95% financing and ARMs. You'd think the banks might have learned from what happened in the early 1990s, but I guess not. Or maybe the ones that learned got out of the business and these are the new guys, the rookies who think "this time it's different." And Aliyu is right, there are <b>many</b> sites out there aimed at helping people <a href="http://www.webuyri.com/" rel="nofollow">stop foreclosure</a>. Just today our main paper here in RI ran an article titled Foreclosed that claims we lead the country in higher-risk mortgages going into foreclosure.

I think the real problem, across the country, is banks that loan to anyone who can fog a mirror, with things like “no doc” 95% financing and ARMs.

You’d think the banks might have learned from what happened in the early 1990s, but I guess not.

Or maybe the ones that learned got out of the business and these are the new guys, the rookies who think “this time it’s different.”

And Aliyu is right, there are many sites out there aimed at helping people stop foreclosure.

]]> By: Aliyu http://www.biggerpockets.com/renewsblog/2006/02/21/foreclosures-up-45-in-january/comment-page-1/#comment-960 Aliyu Sat, 25 Feb 2006 19:31:08 +0000 http://biggerpockets.com/renewsblog/index.php/2006/02/21/foreclosures-up-45-in-january/#comment-960 Foreclosure is surely on the rise because so many people are jumping into the foreclosure support business. As an internet marketer, I see so many sites and blogs like this one http://foreclosuresupport.blogspot.com popping up all over the web. Foreclosure is surely on the rise because so many people are jumping into the foreclosure support business. As an internet marketer, I see so many sites and blogs like this one http://foreclosuresupport.blogspot.com popping up all over the web.

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