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Candis Pressley

HomeOwners/HomeBuyers Relief Initiative Saturday May 30, 2009

Philadelphia Metropolitan Board of Realtist present

HomeOwners/ HomeBuyers

Relief Initiative

WHEN:May 30, 2009

TIME:9:00 am-1:00 pm

WHERE:Mt. Carmel Baptist Church

5732-36 Race Street

Philadelphia, PA 19139

Free Giveaways, Prizes, Light Refreshments

WHO SHOULD ATTEND

  • ANYONE who is at risk of losing their home to foreclosure
  • ANYONE is interested in learning the steps needed for homeownership
  • ANYONE interested in learning about ReverseMortgages

www.PreventPhillyForeclosures.com

Making a difference in the Real Estate Community

Philadelphia Homeowners Offered Education and Relief

State Representative Jewell Williams Joins with Philadelphia Metropolitan Board of Realtist to Announce City-wide Homeowner Foreclosure Initiative

PHILADELPHIA, PA, - In light of the distress in the housing market, the Philadelphia Metropolitan Board of Realtist (PMBR) and NID-Housing Counseling Agency (NID-HCA) of Philadelphia are planning a one-day prevention workshop to educate Philadelphia residents currently at risk of losing their homes. Joining the effort is State Representative Jewell Williams, who has pledged his support.

PMBR is the local chapter of The National Association of Real Estate Brokers, the nation's oldest minority trade association, whose goal is to ensure that all citizens have the right to equal housing opportunities under the law.

Foreclosure Prevention Awareness Day, is scheduled for Saturday, May 2, 2009 at 1:30PM at the Lonnie Young Recreation Center 1100 E. Chelten Avenue- Philadelphia, PA

Expected in attendance are Candis Pressley-Blackwood of Trinity Real Estate and president of PMBR, along with vice president Derrick Jackson. Pressley-Blackwood also spearheads the local NID-HCA as a Certified Housing Counselor and will represent their interests during the one-hour press announcement. Also in attendance will be State Representative Jewell Williams of the 197th Legislative District.

"We remain hopeful that the housing market will stabilize itself in the coming months," Pressley-Blackwood, who was named 2008's 30 Under 30 REALTORS® by the National Association of Realtors ® shared. "In the meantime, we will do our part to educate and support residents, and everyone who will listen."

For more information, call 267-385-7624

Ever consider a career in Real Estate? Think now's a bad time

Ever considered a career in Real Estate? Enroll in our Pre-Licensing classes starting January 26, 2009 in convenient Mount Airy- Philadelphia, PA at the Real Estate Learning Annex. Visit www.RealEstateLearningAnnex.com or call 215-525-0138. We have convenient payment options available. Seating is limited so don't delay. Classes are held twice a week on Mondays and Wednesdays. All Instructors are seasoned Real Estate Brokers. If you're on the fence about entering the Real Estate business consider this: There is always a need for housing and Real Estate is the backbone of our economy.

Also, the Pennsylvania Real Estate market has been very stable. For instance, in Philadelphia the average sales price of a home was $185,000 in 2007 and in 2008 the average sales price was $180,000. I love being in the Real Estate business and the various opportunities it has afforded me. Right now, as an expert in my field I have increased my education efforts not only for myself as the consummate Real Estate professional but I have also re-focused my efforts on educating consumers so they can make informed decision on buying a home. I have found this quite necessary with the many challenges in obtaining financing. I encourage you to attend our classes so you can become licensed. We will soon offer online pre-licensing courses as well as Continuing Education courses. EDUCATION IS THE KEY. Email me or call me if you have any questions

Food for thought: Up is the movement towards possibilities.

Candis Pressley-Blackwood Director, Real Estate Learning Annex 3212 W Cheltenham Avenue Philadelphia, PA 19150 215-525-0138 www.RealEstateLearningAnnex.com

Are you a member of NAREB? Are you a Realtist?

You should contact the Philadelphia Metropolitan Board of Realtist for membership information or visit www.PhillyMetroRealtist.org

Philadelphia, PA Foreclosure Market Trends

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Nationwide Agent Network

Agent Photo Candis Pressley-Blackwood Trinity Real Estate 3212-16 W. Cheltenham Ave, Philadelphia, PA 19150 "Trinity Real Estate "Your Realtors For Life" My business philosophy is to treat each & every client as if they are the only clients we have. My goal is to provide prompt, professional service and keep"
Phone: 215-381-0774 Email: candis.pressley@trinityrealestate.net
October 2008 Vol 2 Issue 22
Download PDF File
6 month Pennsylvania Foreclosure Trends
NOD NTS NFS LIS REO
Search for Investment Properties>

PENNSYLVANIA FORECLOSURE ACTIVITY DOWN 15 PERCENT IN SEPTEMBER

Pennsylvania reported 4,189 properties with foreclosure filings in September, a 15 percent decrease from the previous month but 10 percent ahead of the level reported for September 2007, according to the latest RealtyTrac® U.S. Foreclosure Market Report. "Although Pennsylvania foreclosures decreased in September, the numbers are still up from this time last year," said James J. Saccacio, chief executive officer of RealtyTrac. "Statistics show that the state's home sales decreased further than the national average during the past year. This, in addition to the overall decline in the housing market, is likely contributing to the rise." Complete Story

The Government Goes After Loan Officers

By Peter G. Miller

Few mortgage loan officers or underwriters have been held responsible for mortgages that turned sour, in some measure because blame is often difficult to establish. The result is that fees and commissions earned during the past few years have been virtually untouched, even as substantial numbers of lenders, investors and borrowers have failed. Now the immunity enjoyed by lenders may be at an end. A new and surprising player is looking at failed mortgages, and looking in a way which may suggest that many loan officers will have to pay up. Complete Story

Here are some of the most recent Investment opportunities in the area.

Pre-Foreclosure
W Montgomery Ave
Philadelphia,
PA 19131
  • Market Value
  • Default Amount
  • $45,000
  • N/A
  • Beds/Bath
  • Sq. FT
  • 0/0
  • 0
Property TypeAddressMarket ValueDefaultSq. Ft.
Pre-Foreclosure Pennsgrove St,
Philadelphia, PA 19131
N/A N/A 0 GET DETAILS
Bank-Owned N Creighton St,
Philadelphia, PA 19131
$3,900 N/A 0 GET DETAILS
View more properties in Philadelphia County

Is Now The Time To Buy Foreclosures?

Assets worth trillions of dollars have been wiped out in the past year, and it's difficult to look at investing in stocks or property and not wonder makes sense in such troubled times. It's often said that some of the most successful investments have been made by going against the grain, by selling when most are buying and vice versa. In the context of foreclosures, going against the grain now would mean buying while others are selling. Is there any sense to such a strategy? Not a guarantee of profits, but some lucid and reasonable case for such purchases? Complete Story
Foreclosure Trends : August, 2008
NationalPennsylvaniaPhiladelphia CTY
NODs 61,892 0 0
NTSs 69,693 25 3
NFSs 24,234 1,777 452
LISs 57,156 2,197 1,013
REOs 90,893 922 134
Search for Investment Properties
Foreclosure Terms
Notice of Default (NOD)A non-judicial document filed by a trustee that starts the foreclosure process. More about NOD
Lis Penden (LIS)Notification of pending lawsuit. A judicial document filed by an attorney or trustee that starts the foreclosure process. More about LIS
Auction / Notice of Trustee's Sale (NTS)A filing by notice announcing a public auction. More about NTS
Notice (Judgment) of Foreclosure Sale (NFS)An order signed by a judge directing to sell the property at public auction. More about NFS
Real Estate Owned (REO)The final step in foreclosure process in which property ownership returns to lender. More about REOs
30 yr fixed mtg 6.20% 15 yr fixed mtg 5.88% 5/1 ARM 6.19%