Author: Aly Chiman

All Posts TaggedTag: ‘fraud’ Posted by in , , , , with Short sales may be targeted for fraud A study estimates that banks and distressed home sellers will lose more than $375 million this year when they sell undervalued houses to tag teams consisting of realty agents and investors. Are banks and distressed home sellers getting rooked on a massive scale in the booming short-sale arena … Weather Forecast: Sun Valley, Idaho Select Category…

Posted by in , , , with KETCHUM – Four hotel and residential projects valued at $2 billion in the central Idaho resort area of Ketchum and Sun Valley that have all been approved by local officials remain stalled due to the difficult economy, developers and city leaders say. Developer Jack Bariteau wants to build a four-story, 73-room hotel called Hotel Ketchum but said he can’t find any banks or private investors willing to put…

Posted by in , , with WASHINGTON (AP) — Foreclosures made up roughly one-third of all home sales this spring. While that’s a smaller share of sales from the previous quarter, it’s six times the percentage of foreclosures in a healthy housing market. Foreclosure sales, which include homes purchased after they received a notice of default or were repossessed by lenders, accounted for 31 percent of the market in the April-June quarter, foreclosure listing firm…

By Having trouble paying your mortgage? What if you got an ad in the mail asking you to join in a lawsuit against your lender? The ad looks like a government form and claims you can get large principal reductions or other monetary relief by joining the suit. Bad news: Idaho State Attorney General Lawrence Wasden is warning consumers that . “The scam is a pretext to collect an unlawful $5,000 upfront fee from homeowners,”…

All Posts TaggedTag: ‘foreclosure’ Posted by in , , with Below is a graph that shows the real estate activity in the Wood River Valley, i.e. Sun Valley, Elkhorn, Warm Springs, Ketchum, Hailey and Bellevue areas. The chart shows the percent of properties that are financially distressed properties, i.e. short sales and/or bank owned REOs. If you have any questions regarding the chart please feel … Posted by in , with Foreclosures are still big…