May RealtyTrac Newsletter

Dated: 05/29/2015

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Agent Photo Len Hart ReMax Advantage Realty , ,I am available to assist you in purchasing a foreclosure property or another property best suited to your needs. Buying or selling, I am here to act as your local real estate specialist.
Phone: 410-465-8130 Email: lenhart3963@gmail.com License #: 579895
May 2015 Volume 9, Issue 6
Foreclosure Market Trends Report Download PDF File
6 month Maryland Foreclosure Trends

NOD NTS NFS LIS REO
Search for Investment Properties>

Why We Finally Have A Borrower’s Market

Borrowers rejoice. If ever you will have a glorious moment in the financial sun this is it. What we have today is a borrower's market, a time with both low interest rates and easy access to home loans. Borrowers should be giddy. Whether you need to finance or refinance you have to have been happy with 2014 — and 2015 looks like more of the same. Let’s start with interest rates. If you’re a borrower lower is better. According to Freddie Mac, interest rates for fixed-rate, 30-year mortgages in 2014 started at 4.53 percent and ended at 3.87 percent. By historic standards, 4.53 percent is ridiculously low and 3.87 percent is even more ridiculous.Complete Story

4 PERCENT OF ALL U.S. SINGLE FAMILY HOME SALES IN FIRST QUARTER WERE FLIPS ACCORDING TO REALTYTRAC U.S. HOME FLIPPING REPORT

By RealtyTrac Staff

— RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released its Q1 2015 U.S. Home Flipping Report, which shows that 17,309 single family homes were flipped — sold as part of an arms-length sale for the second time within a 12-month period — in the first quarter, 4.0 percent of all single family home sales during the quarter. The share of homes flipped in the first quarter was the lowest since the second quarter of 2011, when 3.4 percent of all single family home sales were completed flips. Complete Story

Here are some of the most recent Investment opportunities in the area.

Pre-Foreclosure
River Rd
Sykesville,
MD 21784
  • Amount

  • $413,779

  • Beds/Bath

  • Sq. FT

  • 0/0

  • 0

Property Type Address Amount Default Sq. Ft.  
Bank-Owned Church St,
Sykesville, MD 21784
$225,643 N/A 1,296 GET DETAILS
Auction Auction Date: 5/28/15 Sykesville Rd,
Sykesville, MD 21784
N/A N/A 1,494 GET DETAILS
View more properties in Carroll County

Has Equity Sharing Finally Arrived?

By Peter G. Miller, Contributor

Equity sharing has long been touted as the magical solution to every real estate problem since the use of caves. If you want more first-time buyers, additional investment or fewer foreclosures then equity sharing is the way to go. Everyone from Mark Cuban to the Urban Institute has latched onto the idea, and now there’s some reason to believe that equity sharing is about to become more popular. People have always bought together but traditionally there was a problem: Only one owner could write off costs. This meant if you had one owner who lived on the property and a second owner who didn’t only one could deduct mortgage interest and property taxes. Complete Story
FORECLOSURE TRENDS : MARCH, 2015
NATIONAL MARYLAND CARROLL CTY
NODs 8,469 0 0
NTSs 24,750 0 0
NFSs 26,010 1,346 29
LISs 26,679 2,143 26
REOs 36,152 976 29
Search for Investment Properties
Foreclosure Terms
Notice of Default (NOD)A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD
Lis Penden (LIS)Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process.More about LIS
Auction / Notice of Trustee's Sale (NTS)A filing by notice announcing a public auction. More about NTS
Notice (Judgment) of Foreclosure Sale (NFS)An order signed by a judge directing to sell the property at public auction. More about NFS
Real Estate Owned (REO)The final step in foreclosure process in which property ownership returns to lender. More about REOs
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The information in this e-mail is provided solely for informational purposes and does not constitute an offer by Renwood RealtyTrac LLC. to sell, rent or lease real estate. Renwood RealtyTrac LLC. disclaims any warranties or representations concerning the information contained in this email. Renwood RealtyTrac LLC. does not guarantee the accuracy of the information contained in this e-mail and instructs you to independently verify the accuracy of the information provided. All intellectual property rights are retained by their owners. This e-mail contains advertisement(s).

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