Mortgage Rates for Investment Properties – New Florida Mortgage Mortgage insurance doesn’t cover investment properties, and as a result, you’ll need to plunk down a minimum of 20% to get financing. A higher down payment can get you a bit further, proving you’ve got the funds to avoid defaulting on the loan.
That was nearly four times higher than a year ago.. Foreclosure filings jumped to a total of 86,465, up more than 50 percent from the previous quarter and nearly doubling from last year.
LOS ANGELES — Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure, a real estate information company said Thursday.
They have one thing in common: Both homes recently went into foreclosure, with the lenders repossessing after the owners quit paying. Both were part of a rush of Muskegon county home foreclosures.
By Alex Veiga, Associated Press – Oct 11, 2007 Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on their loans or came closer to losing their homes to foreclosure, a real estate information company said Thursday.
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LOS ANGELES – Foreclosure filings across the U.S. nearly doubled last month compared with September 2006, as financially strapped homeowners already behind on mortgage payments defaulted on.
Foreclosure filings decreased 15.44 percent nationally from August to September. According to ATTOM Data Solutions, a firm that tracks foreclosures, this is how the 50 states and the District of.
The prior record was 3.1 million filings last year, up from a more typical year when about 800,000 foreclosure actions would be made. The highest unemployment rate in nearly 26 years is the biggest.
Foreclosure filings rose 133 percent in Florida, 96 percent in Palm Beach County and 81 percent nationwide from 2007 to 2008, RealtyTrac says today. Palm Beach County ranked 16th among U.S. metro areas in percent of housing units in foreclosure. Here’s the partial list: 1. Stockton, Calif., 9.
The firm reported a foreclosure rate of one foreclosure for every 557 households, with Nevada, Florida and California being hit the hardest. Nevada had the highest foreclosure rate, 1 in 185 households, and nearly triple the filings it had in September 2006.
Foreclosure Sales Nearly Double from Prior Year.. number of properties in Preforeclosure dropped 8.0 percent due to the relatively high number of Notice of Trustee Sale filings. Properties exiting the foreclosure process nearly matched the number of new Notice of Trustee Sale filings, leaving.