Comments on: Another Foreclosure Wave Coming http://www.minnesotainvestmentrealestate.com/misc-real-estate/another-foreclosure-wave-coming/ How to find, buy, and own Minnesota investment property. Thu, 29 Jul 2010 15:13:01 -0500 http://wordpress.org/?v=2.9.1 hourly 1 By: First Time Home Buyers http://www.minnesotainvestmentrealestate.com/misc-real-estate/another-foreclosure-wave-coming/comment-page-1/#comment-1240 First Time Home Buyers Sat, 09 May 2009 23:41:54 +0000 http://www.minnesotainvestmentrealestate.com/?p=1022#comment-1240 Get your surf boards out...we're in for another wild ride!!! I think this will be good for some investors and new buyers in the market, since lately we've been up against not enough inventory and facing multiple offers on almost ever deal the past few months. Bring on some fresh blood! Get your surf boards out…we’re in for another wild ride!!!

I think this will be good for some investors and new buyers in the market, since lately we’ve been up against not enough inventory and facing multiple offers on almost ever deal the past few months.

Bring on some fresh blood!

]]> By: Arnold Haslek http://www.minnesotainvestmentrealestate.com/misc-real-estate/another-foreclosure-wave-coming/comment-page-1/#comment-1206 Arnold Haslek Sun, 26 Apr 2009 15:02:51 +0000 http://www.minnesotainvestmentrealestate.com/?p=1022#comment-1206 Scott, I also heard that too from other experts. One reason is a percentage knows that the 2010 foreclosure exception tax burden expires in 2010 and for most the appreciation happened at the end of 2005 and their 5 year ARM are coming due. And the stupid Loan Mod companies are doing temporary fixed again. Scott,
I also heard that too from other experts. One reason is a percentage knows that the 2010 foreclosure exception tax burden expires in 2010 and for most the appreciation happened at the end of 2005 and their 5 year ARM are coming due. And the stupid Loan Mod companies are doing temporary fixed again.

]]> By: Scott Ficek http://www.minnesotainvestmentrealestate.com/misc-real-estate/another-foreclosure-wave-coming/comment-page-1/#comment-1193 Scott Ficek Tue, 21 Apr 2009 05:06:20 +0000 http://www.minnesotainvestmentrealestate.com/?p=1022#comment-1193 I think the southern part of North (4th to 40th blocks) has sold everything there is. Happy or sad, as I drive through the neighborhoods, I feel like most of the houses have turned over and the ones that haven't are in good shape. I think we will see new waves of foreclosures in Brooklyn Center, Brooklyn Park, Crystal, Robbinsdale, SE Minneapolis, Richfield, Bloomington and outward. What do you think? I think the southern part of North (4th to 40th blocks) has sold everything there is. Happy or sad, as I drive through the neighborhoods, I feel like most of the houses have turned over and the ones that haven’t are in good shape. I think we will see new waves of foreclosures in Brooklyn Center, Brooklyn Park, Crystal, Robbinsdale, SE Minneapolis, Richfield, Bloomington and outward. What do you think?

]]> By: mls mn http://www.minnesotainvestmentrealestate.com/misc-real-estate/another-foreclosure-wave-coming/comment-page-1/#comment-1190 mls mn Mon, 20 Apr 2009 15:15:23 +0000 http://www.minnesotainvestmentrealestate.com/?p=1022#comment-1190 Great info Scott....yes, this really shows that retail sellers need to act now if they want to sell. Otherwise they will have to deal with another round of REO's to compete with.... Great info Scott….yes, this really shows that retail sellers need to act now if they want to sell. Otherwise they will have to deal with another round of REO’s to compete with….

]]> By: Dan Simon - Charleston SC Real Estate http://www.minnesotainvestmentrealestate.com/misc-real-estate/another-foreclosure-wave-coming/comment-page-1/#comment-1189 Dan Simon - Charleston SC Real Estate Mon, 20 Apr 2009 14:51:44 +0000 http://www.minnesotainvestmentrealestate.com/?p=1022#comment-1189 It looks like another wave of REO properties is coming. I heard a stat recently that in the US a home is being foreclosed on every 13 seconds! It looks like another wave of REO properties is coming. I heard a stat recently that in the US a home is being foreclosed on every 13 seconds!

]]> By: MN MLS http://www.minnesotainvestmentrealestate.com/misc-real-estate/another-foreclosure-wave-coming/comment-page-1/#comment-1188 MN MLS Mon, 20 Apr 2009 14:08:26 +0000 http://www.minnesotainvestmentrealestate.com/?p=1022#comment-1188 Scott, I agree the flood gates will be opening very soon. 60 mintues did a great piece on the upcoming foreclosures a few months back and I think they got it exactly right. The Alt-A and option arm's have yet to reset, along with higher unemployment rates buyers will have plenty of inventory to pick from. Scott, I agree the flood gates will be opening very soon. 60 mintues did a great piece on the upcoming foreclosures a few months back and I think they got it exactly right. The Alt-A and option arm’s have yet to reset, along with higher unemployment rates buyers will have plenty of inventory to pick from.

]]> By: John Hoff http://www.minnesotainvestmentrealestate.com/misc-real-estate/another-foreclosure-wave-coming/comment-page-1/#comment-1186 John Hoff Sun, 19 Apr 2009 22:05:12 +0000 http://www.minnesotainvestmentrealestate.com/?p=1022#comment-1186 Define "new areas." Do you mean neighborhoods other than North Minneapolis? Which neighborhoods? Define “new areas.” Do you mean neighborhoods other than North Minneapolis? Which neighborhoods?

]]> By: Another Foreclosure Wave Coming · Real-Estate.ExplainedHere.Com http://www.minnesotainvestmentrealestate.com/misc-real-estate/another-foreclosure-wave-coming/comment-page-1/#comment-1185 Another Foreclosure Wave Coming · Real-Estate.ExplainedHere.Com Sun, 19 Apr 2009 18:45:09 +0000 http://www.minnesotainvestmentrealestate.com/?p=1022#comment-1185 [...] Original post by Minnesota Investment Property Blog [...] [...] Original post by Minnesota Investment Property Blog [...]

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