The Moeller Team Blog

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Real Estate Agent - Seven Gables Real Estate - BRE 01727426
As a CPA and Realtor, I provide my clients and Real Estates associates insight into both tax issues and market issues impacting our industry.
RECENT BLOG POSTS
New data released by RealtyTrac Thursday shows that distressed homes - including those in default, scheduled for foreclosure auction, and REO - accounted for 25 percent of all U.S. residential sales during the third quarter. These properties sold at an average of 32 percent below the price of the...
12/02/2010
There are more than 7M mortgages in the US that are at least 30 days past due or in the process of foreclosure, according to Lender Processing Services. Of the more than 7 million home loans in the country going unpaid, 2,090,000 have been referred to an attorney for foreclosure, LPS says. Anothe...
11/18/2010
Free Education EventPre-ForeclosureNegative Equity SeminarForeclosures - Short Sales - Loan Modifications Bankruptcy  - Taxes - Deficiency JudgmentsCurrent Market ConditionsThursday, November 18, 20106:00 p.m. - 7:00 p.m.Canyon Hills Branch Library400 Scout Trail, Anaheim HillsRefreshments provid...
11/11/2010
New figures released by Fitch Ratings put the industry’s shadow inventory at 7 million homes. The agency defines the shadow supply of properties as loans that are delinquent, in foreclosure, or real-estate-owned (REO) by the servicer. According to the ratings agency’s analysis, the latest industr...
11/03/2010
Our negative equity division includes licensed real estate agents, in-house bank negotiators, a Certified Public Accountant and the resources you need to explore all of your options when faced with negative equity and possible foreclosure. We invite homeowners in Orange, LA and Riverside counties...
10/15/2010
Thirty-year fixed-rate mortgages (FRMs) have been under 5 percent for 23 weeks in a row, according to data gathered by Freddie Mac. This week, the GSE reports that the average 30-year rate fell again to break the survey's all-time low, hitting 4.19 percent (0.8 point). Last week, it was 4.27 perc...
10/15/2010
The Federal Housing Finance Agency (FHFA), which oversees Fannie Mac and Freddie Mac, has issued a directive outlining specific steps servicers should take to identify and correct potential deficiencies in foreclosure paperwork. "Delays in foreclosures add cost and other burdens for communities, ...
10/15/2010
According to an article in the Washington post this morning, the attorneys general of every state, except Alabama, are joining forces to probe mortgage loan services accused of making fraudulent statements, not properly reviewing files and other violations of procedure and law. At this point, the...
10/13/2010
Recent news has reported that many banks, including giant Bank of America will be stalling foreclosures, causing an expected potential delay of 30 - 90 days. (There is no way to know for sure) You are currently selling a home, fewer bank owned homes on the market is good news for you. According t...
10/12/2010
Friday, October 8, 2010: Bank of American announced today that it is expanding it's foreclosure moratorium to all 50 states. From their statement, "Bank of America has extended our review of foreclosure documents to all fifty states. We will stop foreclosure sales until our assessment has been sa...
10/08/2010
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Nancy Moeller

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