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How Do You Buy A Foreclosure?

This Post Has 9 Comments
  1. From the first 10:30 video:

    How To Buy A Court Ordered Foreclosure In BC | 2022 UPDATE
    Karrasch Real Properties
    Nov 7, 2022
    How do you buy a foreclosure or “court ordered sale” in BC? Why do some properties get to the point of a forced sale and how do buyers go about purchasing these properties?

    In this video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty walks through the process of purchasing a court ordered sale and everything you need to take into consideration prior to purchasing such a property.

    The second 9:10 video:

    Austin, Texas Housing Market Update, November 8 2022
    Nov 8, 2022
    At the beginning of 2022 Austin was the best performing market in the U.S., and now it is one of the worst. In today’s video we’re going to look at where things went wrong for the Austin market as well as how bad it could get.

    The third 7 minute video:

    OVERPRICED HOUSING MARKET. Are Sellers Over Pricing their homes??
    Lisa McBride- Sarasota Neighborhood Experts
    Nov 7, 2022
    Overpriced Housing Market. Do sellers need to rethink their home prices? In today’s video, we dive into the housing market and discuss if sellers need to stop overpricing their homes.

    00:00 Intro
    00:47 Understand Today’s Market
    01:33 Pricing Right
    03:37 How To Price Your Home
    04:43 Demand for Housing
    05:52 Know Your Competition
    06:14 Prepare for Today’s Market

    The fourth 16 minute video:

    Major Disconnect In Toronto Real Estate – Nov 2
    Team Sessa Real Estate
    Nov 8, 2022

    Toronto Real Estate Market Report for the week of Oct 27 – Nov 2, 2022.

    The fifth 10:36 video:

    Ajax, Oshawa, Whitby & Pickering Unbiased Market Update For October. No Sales Pitch.
    Vic Singh
    Nov 8, 2022
    Ajax and Oshawa real estate update for October 2022. See how much home prices have dropped in Whitby and Pickering. Also, how have they compared for the past 4 years. Durham real estate update covering Ajax, Oshawa, Pickering and Whitby for October 2022.

    1. “Major Disconnect In Toronto Real Estate”

      Justin Trudeau might have the Canadian liberals attention like the Pied Piper, but he isn’t going to pull-off a housing rescue or mortgage payment moratorium especially with rising U.S. bond yields attracting global investor’s attention.

  2. NPR raised eyebrows for its slanted coverage of the Arizona gubernatorial race between GOP hopeful Kari Lake and Democratic rival Katie Hobbs.

    “An election-denying Republican is on the ballot to become Arizona’s next governor. She’s challenged by a Democrat who has spent the past two years defending the state’s election integrity,” NPR wrote in its election live updates page on Tuesday.

    Lake has repeatedly cast doubt in the validity of the 2020 presidential election while Hobbs has overseen both that election and the 2022 midterms as Arizona’s secretary of state.

    NPR similarly tweeted out, “In Arizona, an election denying Republican faces off against a Democrat defending election integrity in the state’s gubernatorial race.”

    Critics panned the overtly partisan framing on social media, many calling for any taxpayer funds NPR receives to be revoked. “Good to see NPR still doing the whole ‘fair and balanced’ thing. Way to go, folks,” Salem Media editor Jazz Shaw quipped.

    “The new Congress should stop giving these guys our tax dollars,” Unleashed Prosperity president Phil Kerpen tweeted. “It’s a travesty that American tax dollars fund this leftist propaganda,” combat veteran and author Sean Parnell similarly wrote.

    “This is why people call NPR ‘National Propaganda Radio,’” The Federalist correspondent Tristan Justice tweeted. Others simply tweeted “Defund NPR.”

  3. goes bust with up to 500 jobs lost
    BBC on|2 hours ago
    The fashion and furniture retailer Next is buying the brand name and intellectual property. Thousands of customers face uncertainty over whether they will receive a refund for outstanding orders with Made.

    Where do California home sellers cut prices the most?
    East Bay Times|16 hours ago
    The average California metro area in this study had 24% of its listings with a reduction in the asking price – a share that’s grown from 8% a year earlier. In the other 44 metros, asking prices were cut on 22% of listings vs. 11% in October 2021.

    As Meta prepares to cut thousands of jobs, is the Bay Area headed toward another dot-com-scale meltdown?
    The Business Journals|3 hours ago
    As the Federal Reserve has raised interest rates aggressively to fight inflation, share prices for the tech stalwarts and up-and … Corp. and San Francisco-based Lyft Inc., which just cut 13% of its workforce, nearly 700 people, in its second round …

    Greystone, Inlet Real Estate Prepare for Market Distress with New JV|20 hours ago
    Greystone Commercial Mortgage Capital, an affiliate of CRE finance firm Greystone, and Inlet Real Estate Capital formed a joint venture “to provide short-term, floating rate capital solutions for commercial real estate owners,

    Chinese Developer Sells L.A. Luxury Tower at Steep Discount
    Wall Street Journal|14 hours ago
    The price of $504 million is a record for a single rental property in the city, but much less than Greenland wanted.

  4. Carvana Co. wiped out about half of its market value in just two trading sessions as the stock plunged to an all-time low on deepening gloom about used-car sales. Shares of the online dealer have sunk 49% in the two trading days since the company reported disappointing third-quarter results late on Thursday, bringing its once-lofty market capitalization down to about $1.3 billion from $2.6 billion before the earnings miss. That’s a far cry from the $60 billion valuation the firm commanded last year.

      1. A giant, unprofitable used car dealer
        As discussed yesterday. One pay profits are going to be required. I am expecting that to occur soon as I am sure you are as well.

  5. CBRE unit takes loss on $61M Northbrook retail deals
    The Real Deal|12 hours ago
    A CBRE venture netted just over $60 million for a grocery-anchored shopping center in suburban Chicago, about $5 million less than what it paid for it in 2015.

    Apartment Loss to Lease is Plunging. Here’s What That Means|19 hours ago
    For real estate investors: Loss to lease is a measure of upside and helped justify low cap rates the past couple years. Cap rates will have to expand somewhat given both a) higher rates and b) lower loss to lease.

    Warehouse REIT swings to loss but properties can “withstand downturn”
    Buy|1 day ago
    Warehouse REIT PLC swung to a loss in its first half amid a difficult backdrop, but remains confident that its portfolio can withstand a downturn, it said on Tuesday. In the six months ended September 30,

    Last year’s losses at California pension systems were larger than initial reports showed
    Sacramento Bee on|17 hours ago
    California’s two giant pension systems lost a couple billion dollars more than was previously reported in the volatile markets of the first half of this year. The Public Employees’ Retirement System and the State Teachers’ Retirement System recently published more complete financial figures for the fiscal year that ended in June,

    Radian joins ranks of companies doing layoffs
    HousingWire|15 hours ago
    Mortgage insurer Radian Group Inc. announced it will lay off 166 employees, effective Dec. 1 from two of its offices in Pennsylvania. Out of these workers, 66 employees are from Radian’s Delaware County headquarters and 100 are from the Allegheny County …

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