foreclosures // Posts tagged as "foreclosures"
JPMorgan and Citigroup to Halt Foreclosures Temporarily
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JPMorgan and Citigroup announced last Friday that they would temporarily halt their foreclosures while they wait for the government to finalize some of its foreclosure relief package. The foreclosure relief package was a portion of the $700 billion under the Troubled Asset Relief Program (TARP) and was outlined by Secretary of the Treasury Tim Geithner...
Fannie Mae to Suspend All Foreclosures until January 2009
Fannie Mae has just issued a press release letting it be known that they have ordered their loan servicers and attorneys to suspend any and all foreclosures scheduled from next week to the end of the year in homes that are owner occupied. This is being done while Fannie figures out how to implement a...
Minneapolis and St. Paul to Pilot The First Look Program | Will be able to purchase foreclosures
The city of Minneapolis and the city of St. Paul will be the first 2 cities to pilot the National First Look Program, which “coordinate the transfer of real estate-owned properties from financial institutions nationwide to local housing organizations, in collaboration with state and local governments”. Basically allows communities to purchase foreclosed homes from banks...
What Every Buyer Should Know About Short Sales
There are currently at least 29 short sales that are available for sale in the Edina and Southwest Minneapolis markets (found by searching in agent comments for “bank approval” and “short sale”). In the Camden area of Minneapolis, there are at least 70. If I look at Minneapolis proper, the number is over 315…St. Paul...
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5 Minneapolis Metro Suburbs listed in CNN Money’s Top 25 Places to Live in 2010
CNN Money just came out with its latest "Best Places ...
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First-Time Homebuyer Tax Credit Extended (Closing Date Only)
Legislation was signed over the weekend to extend the closing ...
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Edina Housing Stats – May 24th 2010
Current Edina Housing Activity
There are currently 488 active properties for ...
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We’re remodeling!
Hang with us for the next couple days weeks ;) as ...
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