PNC Realty Services Property Search
On this website you will find information about properties that we own or that we service for other lenders, and the status of those assets. The VA program is one of the few remaining no-down payment programs in the market. In the case of foreclosure, the mortgage company retains all rights to proceeds from a sale or auction. The foreclosure hammer also recently fell on an Addison home valued at $1.5 million, a North Dallas house valued at nearly $870,000 and a Coppell property worth about $430,000.
To further my point, even if all of the foreclosures that are currently bank-owned homes all hit the MLS today in this Georgia county, foreclosures would still comprise less than 10 percent of total inventory in the market, compared with peaks as high as 30 percent to 40 percent a few years ago.
If it’s a short sale situation, the owner’s lender has …