Sharon's Blog on Bank Foreclosures and REO properties

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Real Estate Agent - RE/MAX
Over the next 2 years bank foreclosures and REO homes as well as short sales are going to be an all time high. Our office has been successful in helping home owners avoid foreclosure by doing short sales. Investers & owner occupied can take advantage of these bargain prices.

ARCHIVED BLOG POSTS

2013 

Several economists have recently revised their predictions on housing values to reflect a stronger-than-expected real estate rebound, and some have even doubled their original forecasts over the rise in home prices. For example, economists at Bank of America revised their home price forecast from...
03/20/2013
RealtyTrac counted a total of 154,281 U.S. properties with foreclosure filings — default notices, scheduled auctions, or bank repossessions — last month. The number is up 2 percent from January, but is down a full 25 percent from February 2012. The number of American homes entering the foreclosur...
03/15/2013
Looking to benefit from rising home values, credit card lender Discover Financial Services announced it will begin offering home-equity loans in the second half of this year.  Discover says that about 80 percent of its customers are home owners. It plans to offer fixed-rate, closed-end loans valu...
03/15/2013
A small portion of banks are servicing the majority of the mortgages in foreclosure.  1. Bank of America (which includes Countrywide’s portfolio from its acquisition) Loans in foreclosure: 96,319 Percentage of loans underwater: 61 2. Wells Fargo Loans in foreclosure: 84,903 Percentage of loans un...
03/14/2013
Sharon Sigman | Weichert,REALTORS Graham Welch | (913) 381-6794 2642 Armstrong Ave, Kansas City, KS 2BR/1.0BA Single Family offered at $49,900 Year Built 1937 Sq Footage 919 Bedrooms 2 Bathrooms 1.0 Floors 1 Parking 1 Lot Size 4,792 sq ft description REDUCED!! Seller is motivated bring us an off...
03/14/2013
Sharon Sigman | Weichert,REALTORS Graham Welch | (913) 381-6794 4706 Antioch Rd, Merriam, KS 3BR/1.5BA Single Family offered at $92,900 Year Built 1963 Sq Footage 1,104 Bedrooms 3 Bathrooms 1.5 Floors Unspecified Parking 2 Lot Size 12,197 sq ft description Nice ranch in Merriam. Large corner lot...
03/14/2013
Growing confidence among home builders about the housing recovery is prompting more of them to go on a hiring frenzy to meet increasing buyer demand. Government data shows that 48,000 construction jobs were added last month, the highest number since March 2007.  Across all industries, about 8.8 m...
03/14/2013
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03/13/2013
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Sharon Sigman

Sharon Sigman
local_phone913-381-6794
smartphone913-488-8300
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Kansas City is a very good area for investers in both single family homes to apartment & commercial buildings.We have lots of inventory for residential and commercial listings.