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James Foxx

20% Down Payment Proposed For Distressed Residential Condo Properties - 0 views

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    Federal housing regulators propose at least 20 percent down payment for distressed residential condo properties. This is to avoid risky loans.
James Foxx

Home Prices in Nebraska Not As Affected by REO Bank Owned Properties - 0 views

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    REO bank owned and foreclosed properties are not as high in Nebraska as in other U.S. states. This allowed home sellers in the region to maintain prices.
James Foxx

Previously Owned and Distressed Properties Listings Gain Interest - 0 views

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    Distressed properties listings and previously-owned residences gained the interest of buyers in February 2011. Pending sales involving these properties went up.
James Foxx

Fewer Bank and VA Foreclosures Give Nebraska a Low Stress Score - 0 views

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    VA foreclosures and bank foreclosures are not particularly high in Nebraska. Analysts stated that this is part of the reason for the state's low stress score.
James Foxx

Foreclosed and REO Homes Problem to Remain the Same in 2011 - 0 views

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    REO homes and foreclosed houses are expected to continue to remain high in 2011. According to analysts, recovery is unlikely this year, but may come in 2012.
James Foxx

Omaha Market Considered Strong Despite Bank Foreclosures Short Sales - 0 views

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    Bank foreclosures short sales and other types of houses posted higher sales in Omaha in 2010. For the current year, analysts are expecting more improvements.
James Foxx

Tax Credit for Buying Foreclosure Is Past, Budget Cuts Are Looming - 0 views

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    Tax credit for buying foreclosure is a thing of the past and states now have to face budget cuts. In Nebraska, the cuts are expected to hit various programs.
James Foxx

Surge of Bank Owned Rental Properties Offer Opportunities to Builders - 0 views

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    Bank owned rental properties and foreclosures caused home building to slowdown in Omaha. However, builders stated that there is a positive side to all of this.
James Foxx

Tax Cuts Try to Battle Impact of Foreclosed Homes and Condos for Sale - 0 views

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    Foreclosed condos for sale and distressed houses lessen a state's chances of attracting companies. Some states are relying on tax breaks to improve employment.
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