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Monday, March 01, 2010 7:29 AM

NAR Short Sales and Foreclosure Resource Certification [SFR]

The National Association of REALTORS ® (NAR) offers the SFR certification to REALTORS ® who want to help both buyers and sellers navigate these complicated transactions as demand for professional experience with distressed sales grows. I am pleased
Posted by Howard Arnoff | 0 Comments
Friday, February 19, 2010 7:26 AM

Will 2010 be the year of the Short Sale

Short sales, when the proceeds of the sale are less than what is owed on the mortgage, have been difficult at best for buyers to successfully purchase but that may change as banks are starting to be more responsive and are agreeing to short sales as a
Posted by Howard Arnoff | 0 Comments
Thursday, February 11, 2010 7:39 AM

January 2010 foreclosure report from RealtyTrac

Good news, bad news. According to RealtyTrac , January foreclosures were down nearly 10% from December 2009 but were over 300,000 for the 11th straight month and 15% higher than January 2009. Sadly, many more are expected. “If history repeats itself
Posted by Howard Arnoff | 0 Comments
Tuesday, February 09, 2010 8:13 AM

Foreclosures at the beaches of Charleston

Foreclosures are available at all price points and in all areas of Charleston. You can find lender owned homes in Historic Downtown Charleston, Mount Pleasant, Daniel Island, Summerville and at the beaches of Charleston. I just noticed two bank owned
Posted by Howard Arnoff | 0 Comments
Wednesday, January 13, 2010 8:08 AM

A story of foreclosure ... and lessons learned

Matt Stigliano, a real estate agent in San Antonio TX, lost his home to foreclosure and shared what happened to him with lessons learned not only for other real estate agents but that everyone can learn from. I've written about and seen a lot of foreclosures
Posted by Howard Arnoff | 0 Comments
Thursday, January 07, 2010 7:06 AM

[Ironic] Foreclosure.com declares bankruptcy

The South Florida Business Journal reports an ironic story . "Even though foreclosure filings and interest in purchasing foreclosed homes is at an all-time high, a Boca Raton based company that runs several prominent foreclosure search Web sites
Posted by Howard Arnoff | 0 Comments
Thursday, December 17, 2009 7:11 AM

Is interest in buying a foreclosure waning

In the Charleston real estate market, I would say not at all. But a recent poll from Harris Interactive says otherwise. The poll shows the percentage of buyers "somewhat likely" to consider buying a foreclosed property fell from 55% in May to
Posted by Howard Arnoff | 1 Comments
Wednesday, December 09, 2009 7:44 AM

House flipping making a comeback [Really]

James R. Hagerty has two interesting stories in the WSJ on the comeback of house flipping. His focus is on Phoenix and real estate investors who are buying at foreclosure auctions, fixing them up and turning a profit. But it's a risky business buying
Posted by Howard Arnoff | 1 Comments
Monday, December 07, 2009 7:54 AM

Getting a deal on Charleston foreclosures for sale

In today's market, everyone wants a deal and there is no better place to look for a deal in Charleston today than the many foreclosures that are available. And I've noticed some really nice foreclosures recently coming on the market. Many of my
Posted by Howard Arnoff | 1 Comments
Wednesday, November 25, 2009 11:48 AM

Underwater mortgages, beneath the numbers

A widely covered report by First American CoreLogic headlines that nearly 1 in 4 homeowners have negative equity in their home or in today's parlance, they are "underwater" on their mortgage. It's an important report because borrowers
Posted by Howard Arnoff | 0 Comments
Saturday, October 31, 2009 5:32 AM

There are some great deals in Charleston real estate

... and surprisingly, some not so great deals. I've been looking at foreclosures with several clients recently and there are some great deals to be had in the Charleston real estate market right now. The very best deals seem to be bank owned homes
Posted by Howard Arnoff | 0 Comments