Nationwide Agent Network Chaundra Berghoefer NuView Realty 87595 Roses Bluff Rd, Yulee, FL 32097 “I am available locally to assist you in purchasing a foreclosure property or another property best suited to your needs. Buying or selling, I am here to act as your local real estate specialist.” Phone: 904-335-0369 Email: berghoefer@comcast.net April 2009 Vol 3 Issue 9 Download PDF File 6 month National Foreclosure Trends NOD NTS NFS LIS REO Search for Investment Properties>   U.S. Foreclosure Activity Hits Record High in First Quarter Foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 803,489 U.S. properties in the first quarter, a 9 percent increase from the previous quarter and an increase of nearly 24 percent from Q1 2008, according to the RealtyTrac Q1 2009 U.S. Foreclosure Market Report. One in every 159 U.S. housing units received a foreclosure filing during the quarter. Foreclosure filings were reported on 341,180 properties in March, a 17 percent increase from the previous month and a 46 percent increase from March 2008. Complete Story Why Not Streamline Toxic Mortgages? By Peter G. Miller Ask someone about refinancing a mortgage and you'll typically hear a tale of complications, costs and paperwork. In fact, it doesn't have to be this way. For years the federal government has refinanced FHA loans without even looking at property values with a program that has saved big money for homeowners and lowered foreclosure claims from lenders. Broad use of the FHA “streamline” concept would instantly make millions of homeowners with toxic loans eligible for financial relief, and it would keep huge numbers of homes off the foreclosure rolls. Complete Story   Here are some of the most recent Investment opportunities in the area. Pre-Foreclosure Pringle Rd Bryceville, FL 32009 Market Value Default Amount $59,250 N/A Beds/Bath Sq. FT 0/0 0 Property Type Address Market Value Default Sq. Ft.   Bank-Owned   Brookhill Pl, Fernandina Beach, FL 32034 $224,900 N/A 2,649 GET DETAILS Auction Auction Date: 4/27/09 Cayman Cir, Fernandina Beach, FL 32034 $291,607 N/A 2,880 GET DETAILS View more properties in Nassau County Five Reasons Why Good People Can't Get Good Loans There's been a price to pay for toxic mortgages. You're paying in the form of lower home values, fewer jobs, falling stock prices, massive deficits and a government that is printing money at an unprecedented rate — a rate that could result in substantial levels of inflation if we're not careful. The situation is even more severe if you want to finance or refinance real estate. Why is it that good people with good credit and cash in their pocket are having so much trouble getting home loans? There are five key reasons which explain why the credit crunch is crunching even the best of us. Complete Story   Foreclosure Trends : February, 2009 National Florida Nassau CTY NODs 79,818 0 0 NTSs 110,810 8 0 NFSs 41,842 17,026 2 LISs 80,764 39,287 82 REOs 105,009 8,316 6 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 4.82% 15 yr fixed mtg 4.48% 5/1 ARM 4.88%

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