Find Trusted Vendors, eg, Foreclosure Lawyers, Mortgage Consultants, Cleaning Co’s, Etc. New foreclosures on homes fell in fourth quarter: The amount of new foreclosures initiated in the fourth quarter fell by 16 percent from the previous quarter and by 17.9 percent from a year earlier, . Part of the decline can be attributed to efforts.
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"We expect a gradual and progressive contraction in the shadow inventory in 2013 as investors continue to snap up foreclosed and REO properties and the broader recovery in housing market.
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In the past two weeks, I have listed three foreclosure homes that were held in "shadow" inventory for a time; the longest of which was two years. All three of these properties have gone under contract.
· My partners and I have lost count to the amount of times new or starting out investors miss out on deals because they think they could do it better themselves, or do a backdoor deal with the seller, only to have the experienced investors snap it up from under them. All they have left are the average deals that make a minimal profit.
What if you could find out what REO 'shadow inventory' some of the. You are here: Home / Foreclosures & REO / Shining the Light on Shadow Inventory to. Some will snap them up because or the discounts and they don't.
· REO Could Become A Serious Problem For HUD/GSEs.. the shadow inventory falling into foreclosure could considerably swell HUD and.
· "We expect a gradual and progressive contraction in the shadow inventory in 2013 as investors continue to snap up foreclosed and REO properties and the broader recovery in.
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CoreLogic: Investors continue to snap up foreclosures. Homes classified as "shadow inventory" fell to 2.3 million units in October, down 12.3 percent from a year ago but still representing a seven.
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Thank you Dr. Bubble. I think shadow inventory is key to understanding why there will be no real estate price recovery in the near future. It’s physically impossible for home prices to increase or even stabilize with funding for cash strapped potential home buyers tightening coupled with the foreclosures and potential foreclosures banks are refusing to recognize.