Thursday, August 28, 2008

More News from Chicago Title

So the newly updated exciting Foreclosure Report is out.

Jan. 08 (Remember we were cold and wondering when we would be warm again)
we had 35 trustee sales in Apple Valley, fast forward to July (now we are wondering when it's going to be cold again) there where 114 trustee sales. June was the high month with 130 houses going to Trustee Sale.

It isn't over my friends, but what changed is that down payment assistants through the Nehemiah and Hart programs are gone. You MUST have direct underwriting approval by Sept 30. So if it's not a deal today we need to fry the fish a new way.

That's the hot news from the housing front. Be well and Happy House Hunting,

Karen

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