Real Estate

Foreclosures Forecast To Top 2 Million Homes

Foreclosures Forecast To Top 2 Million Homes

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At least 2.1 million homes, condos and townhouses will be foreclosed in the U.S. in the next two and a half years, accounting for the highest number of foreclosures since the U.S. Savings and Loan Fraud Crisis, according to a new forecast by Housing Predictor.

The forecast is based on an analysis of the nation’s largest 100 metropolitan real estate markets by researchers during the month of May. Housing Predictor.com forecasts more than 250 local housing markets futures in all 50 U.S. states and since it’s inception the web site has maintained more than an 85% accuracy rating.

How to look after property insurance

How to look after property insurance

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Property insurance is the kind of insurance that provides protections against certain risks on property like fire, theft or weather damage. This also incorporates socialized insurances like fire insurance, flood insurance, earthquake insurance home insurance or boiler insurance.

But before opting for any kind of insurance, one must keep in mind certain points that explain the best way to look after your property insurance. You must know how it works and your reasons for opting for one.

1) Analyze your need for property insurance - There are many reasons that may call for property insurance. If it's a fire accident or burglary or vandalism, insurance is the best option to face. You may also need property insurance as you may need to replace, repair or rebuild your home after any accident. Apart from home you may also need to protect your jewelry, silverware, business property, cameras, phones etc.

Orange County Buyers Looking At Rancho Cucamonga CA Real Estate For Easier Entry Into Marketplace

Orange County Buyers Looking At Rancho Cucamonga CA Real Estate For Easier Entry Into Marketplace

map of Rancho Cucamonga - Google Maps screenshot

“With the increase of property prices in Orange County young families are finding it harder and harder to get into the real estate market. They have the choice of renting or moving inland to Rancho Cucamonga and becoming home owners,” states Krista-Leanne Yates of Alcco Realty located in Rancho Cucamonga.

Alcco Realty is one of the fastest growing real estate companies in the Inland Empire. Krista-Leanne Yates specialises in Rancho Cucamonga CA real estate and enjoys helping young families with starter homes or those looking to upgrade.

“A growing number of these young families that want to become home owners are purchasing in Rancho Cucamonga as the real estate is far more affordable than the equivalent in Orange County and therefore easier to purchase,” continues Ms Yates.

5 Tips For Buying Dirt Cheap Repossessed Homes At Foreclosure Auctions

5 Tips For Buying Dirt Cheap Repossessed Homes At Foreclosure Auctions

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Foreclosure auctions are the modern way of disposing or selling homes. The activity also makes up for a proper venue where home buyers and sellers meet up, interact and exchange ideas. They are really fun and exciting at the same time.

When homes are repossessed and sold at foreclosure auctions, sometime people find them more appealing and more convenient to buy.

During foreclosure auctions, potential home buyers are also given the opportunity to choose from a wider array of asset and homes for sale. Thus, they are given the free hand to decide and choose the particular type and style they want and prefer.

Here are some tips on how the transaction for buying homes at foreclosure auctions could be made more bearable, convenient and reliable:

Manufactured Home Mortgage Loans

Manufactured Home Mortgage Loans

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Many potential home buyers find the price is right on a manufactured home and a record number of 10,783 Californians purchased them last year. This is no surprise when the prices can be as low as $129,000 for a new 2,600 square foot home. Another attraction is the increased customization available on manufactured homes.

Buyers can get wood burning fireplaces, stucco exteriors, even attached garages, making manufactured homes look more like a standard home. The price and extras may be right, but getting manufactured home financing can be a difficult endeavor.

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