What percentage of for sale homes in the US are in foreclosure?

February 13th, 2010 admin Posted in homes for sale 2 Comments »


There are plenty of statistics on the web. My guess is, that from about 120 Million homes in the USA, 15 Million are on sale and 1 Million are or will be soon in foreclosure.
Now, the exact numbers may vary, but how exact are they?
For instance, banks don’t like to get into foreclosure sales, they rather make a deal before. Some Owners opt for running away, leaving the house behind, some houses just stay there, like 76,000 in Detroit, unoccupied, falling apart.

It’s really all meaningless, because statistics can be trimmed, by whichever political party is in power.
That is how Bush covered up, that the housing market was in bad shape since 2004, when he signed a bill, that people can get a mortgage without a penny down payment.
That was the beginning of the end.

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Late for the Sky Purdue University – Purdueopoly

February 11th, 2010 admin Posted in homes for sale No Comments »

Late for the Sky Purdue University - Purdueopoly
Boiler Up! Hey all you Boilermakers! Ever imagine being in the Glee Club? What about owning Ross-Ade Stadium? Or the Triple XXX? Purdue University is up for sale in Purdueopoly, a game designed for alumni, students and fans of Purdue University. Choose your token and advance to West Lafayette, Indiana. Who knows? You may soon be the proud new owner of Harry’s Chocolate Shop

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Mobile Homes Parks for Sale and Rent – an Excellent and Attractive Real Estate Investment

February 11th, 2010 admin Posted in homes for sale No Comments »

From an investment point of view, owning a Mobile Home Park is one of the most appealing aspects to investors. It is one of the most profitable niches in the real estate sale investment. It is seen that most of the real state investors are stepping all over each other trying to buy and sell single-family stick built houses and properties sale. But at the same time there is a small group of investors that are quietly making excellent profits with little risk in the mobile home and mobile home park business.

Many experienced commercial real estate investors are turning to mobile home parks for strong returns on their investment. Due to its high CAP rates and stability with lower sale prices. They have opened the door for many investors. Great opportunities are available for Colorado Mobile Home Parks for sale which includes park amenities like spacious clubhouse and laundry facility.

California is one of the original destinations for mobile homes. Choosing California Mobile Home Parks for sale as investment can increase the value of a rental property for various reasons:

• It is a land play with incredible cash flow

• It requires a minimum of maintenance and management

• There is a significant barrier to entry

• Provides an opportunity for creating additional profit centers.

Mobile Home Parks are believed to be the “step-children” of the real estate investing community. The reason why most investors ignore this lucrative asset class is because according to them it requires too much up front cash and a personal income statement and this is true only if you are trying to finance your property from a large bank. On the contrary many area parks are purchased with much less than 20% down and with little financial reserves in the bank.

Mobile Home Parks for sale in Texas is a world away from the cares of city life. It’s a beautiful thing to invest in Mobile Home Parks. Being a long term play, there are various ways to make money through many “profit centers“ in your park. The parks are usually in less than favorable parts of town as a result the land is cheap. This will help you to spread the cost over numerous mobile parks. You can purchase mobile homes at a 40%-50% discount and resell them on terms (either with a lease option or note). Moreover even a smaller park can produce a healthy return without a great deal of capital.

Minimum maintenance and management also makes this an appealing investment. Little maintenance is required by leasing the land to residents. All you have to do is to ensure that the infrastructure is in a good condition and the utilities are working properly. Once the Mobile Home Parks are stabilized, you can hire a care-taker to collect the rent and enforce the park’s rules.

Now it might be possible for you to see how Mobile Home Parks for sale by owners are an amazing real estate investment. No where you can get an income property with so many profit centers (with the exception of self storage). Mobile home parks for sale are huge cash cows and ultimately will become a land play. So before it is discovered by the masses, you must take advantage of the untapped opportunity that exists today in the mobile home park industry.

Maurice
http://www.articlesbase.com/business-articles/mobile-homes-parks-for-sale-and-rent-an-excellent-and-attractive-real-estate-investment-98288.html

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Late for the Sky University of Mississippi – Ole Missopoly

February 8th, 2010 admin Posted in homes for sale No Comments »

Late for the Sky University of Mississippi - Ole Missopoly
Go Rebels! Dixie Week, Colonel Rebel, Walk of Champions, The Lyceum, and Oxford, Mississippi are all up for sale! Buy, sell and trade Ole Miss in the game designed for alumni, students and fans of this great university. Who knows? You may soon be the proud new owner of The Grove

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Get benefits from Orlando foreclosure homes for sale

February 7th, 2010 admin Posted in homes for sale No Comments »

Many real estate experts believe that Orlando foreclosure homes for sale will continue to rise for sometime, which indicates the risk of increasing number of people losing their homes to foreclosures. Before the beginning of the housing crisis, sub prime lenders charged lower interest rates from people and borrowing money from lenders on easy repayment terms was the most viable option. However, with increasing number of people losing jobs and suffering pay cuts, it has become difficult for homeowners to sustain the mounting pressure on them to repay their mortgage loans.

As a result of this, many people have been forced to give up their homes for foreclosure sales. This has led to increase in the number of homes that are offered among foreclosure listings at lower prices, which has evoked greater interest among homebuyers for making investment in such properties. Even sellers are making use of this great opportunity and looking for potential buyers who can invest in their foreclosed properties. Banks and other government institutions are under a great pressure to offer such foreclosed properties on sale and recover their dues as soon as possible. At present, the market is in favor of the buyers as the sellers are offering huge discounts of foreclosed homes across Orlando.

Besides, many sellers are even offering different kinds of incentives on Orlando foreclosure homes for sale, which includes significant reduction of closing costs on such properties. You can purchase these properties through public auctions or transact directly from the sellers and get good bargains on foreclosed properties across Orlando. It is much easier to invest in foreclosed homes of your choice today in the preferred location at lower prices. This is the best time to invest in these properties, which require little investment in the initial phase with good returns in the future.

If you want to get good reduction on these foreclosed properties across Orlando, then you can get in touch with some of the best Orlando real estate agencies.

JosephSmith
http://www.articlesbase.com/real-estate-articles/get-benefits-from-orlando-foreclosure-homes-for-sale-1097962.html

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Homes for Sale Sarasota Florida

February 5th, 2010 admin Posted in homes for sale 13 Comments »

2 Homes for Sale Sarasota FloridaExquisite lakefront home in Sarasota, Florida. Beautifully designed by custom builder. Breathtaking sunset views over the lake and golf course behind house. Large 120″ Theater Screen and projection system and surround sound. Must see this home in beautiful Sarasota, Florida. Located in University Park Country Club. Enjoy outdoor Florida living at it’s finest.

Duration : 0:3:14

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10 MILLION DOLLAR Homes For Sale Arizona Mansions – Luxury Real Estate Video Tour

February 3rd, 2010 admin Posted in homes for sale No Comments »

2 10 MILLION DOLLAR Homes For Sale Arizona Mansions   Luxury Real Estate Video TourUpdate: Sold! Need to sell? See what a Next Edge Video tour can do for you. www.nextedgevideo.com

Take the Next Edge Video Tour of this 10 Million Dollar Luxury Home for sale in Scottsdale, Arizona. This is a mansion on an amazing scale. You literally feel like you are standing on top of the world. Must see! Spectacular View of McDowell Mountains, downtown Phoenix and more… all from one of the highest spots in Silverleaf, one of the finest gated luxury communities in the country. This mansion gives new meaning to life at the top. One of the best views you’ll find! Amazing pool, wine cellar, home theatre, gourmet kitchen. Arizona’s best. Luxury real estate video tour -Copyright Next Edge Video and www.nextedgevideo.com

Duration : 0:6:27

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HD Real Estate Video Tour – 70 Acre Colorado Luxury Horse Ranch & Lakefront Homes For Sale

February 1st, 2010 admin Posted in homes for sale 1 Comment »

2 HD Real Estate Video Tour   70 Acre Colorado Luxury Horse Ranch & Lakefront Homes For SaleHD Video jaw-dropping shots of Colorado! Take the Exclusive Next Edge Video luxury home tour of one of the most sought after pieces of real estate for sale in Colorado! This 70 acre ranch and house has the most spectacular Sangre de Cristo Mountains views and coveted lake front acreage. Tour the main house, the guest house and the 5,000 sq. ft. barn ready to convert into luxury horse stables, a car collectors showroom, art studio or whatever you can dream up. This is a rare look at a part of the US rarely seen and an exclusive look at one of the multi million dollar homes and ranches for sale in this part of Colorado known as an enclave for high-profile and celebrity homes. There’s a good reason those who want to get out of the spotlight choose this area. The ultimate in privacy is yours. Enjoy access to Westcliffe, Colorado by private road or its private airport with a 7,000 foot runway that makes any pilot happy. The airport easily accomodates private jets of all sizes. When it’s time to get away from it all, this is the perfect place to call home. For more information on this property please visit http://www.coloradohomesandranches.com

Video copyright Next Edge Video and http://www.nextedgevideo.com High-Definition Video Production

Duration : 0:7:36

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Encinitas Homes For Sale

February 1st, 2010 admin Posted in homes for sale No Comments »

image.out?imageId=media v197189002YBeDMAh1264475580 Encinitas Homes For SaleEncinitas Homes For Sale By: http://www.ViewSD.com Click on this link to see all Encinitas homes for sale! http://www.viewsd.com/encinitas-houses-for-sale.html San Diego homes for sale in Encinitas, we have them all. Search San Diego Homes Maps to see the location you want to live in, in Coronado! http://www.viewsd.com/san-diego-homes… Website: http://www.viewsd.com Contact: (619)987-6987 E-mail: Alvin@ViewSD.com

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Duration : 47 sec

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Foreclosures homes for sale

January 31st, 2010 admin Posted in homes for sale 7 Comments »

Experts predicted that the New Year would bring new results with respect to the foreclosure crisis. They expected the housing market to recover on a country wide level whereas what actually happened was that the country witnessed a remarkable increase in foreclosures homes for sale.

The first few months of 2009 showed a dramatic increase in the rate of foreclosures. The Washington to Arizona belt was most severely hit by the crisis. However county foreclosures seem to be slowing down as we move deeper into 2009. While people continue to lose their jobs home owners are receiving assistance from various sources which may help them to qualify for loan modifications.

When we look at the statistics we find a marginal decrease in county foreclosures homes for sales for April this year compared with last year. This year Butler County Sheriff’s Office reported 227 properties sold off in foreclosure auctions. Last year this number was recorded at 270 which means a difference of 43 homes has been witnessed.

The foreclosure trend however remains a mystery and the month of May seems to be revealing it self as a different story. With only a week in May already 199 properties are tied up in foreclosure proceedings. In 2008 the entire month of May recorded 254 foreclosure auctions in the county which is set to be surpassed this year for sure.

Losing homes in such large quantities to foreclosures is further straining the economy. This is why various steps are being taken to control the volume of foreclosures homes for sale. The idea behind the assistance is not really on sympathetic grounds towards those at risk of losing their homes, it is more of an attempt to bring down the volume of foreclosure homes.

Nonetheless there are good foreclosure pickings in many counties through out the country. Adams County for example has some excellent foreclosure homes in the city of Aurora. Similarly the city of Denver in the Jefferson County promises good bargains. Arvada too is a good place to look for foreclosures homes for sale at this point in time.

JosephSmith Jr.
http://www.articlesbase.com/real-estate-articles/foreclosures-homes-for-sale-1054461.html

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