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http://www.housingwire.com/2010/01/20/fha-raising-insurance-fees-and-certain-down-payments/

Ohio's Foreclosure filings down 9% from 11/09.

December 2009 Foreclosure Rate Heat Map

Fayette

70 foreclosure properties
1 in every 181 housing units

Fulton

63 foreclosure properties
1 in every 273 housing units

Cuyahoga

2,159 foreclosure properties
1 in every 287 housing units

Butler

498 foreclosure properties
1 in every 288 housing units

Trumbull

311 foreclosure properties
1 in every 311 housing units

Lucas

644 foreclosure properties
1 in every 315 housing units

Richland

164 foreclosure properties
1 in every 335 housing units

Huron

72 foreclosure properties
1 in every 344 housing units

Stark

474 foreclosure properties
1 in every 347 housing units

Marion

76 foreclosure properties
1 in every 363 housing units

Lorain

337 foreclosure properties
1 in every 364 housing units

Licking

173 foreclosure properties
1 in every 381 housing units

Columbiana

123 foreclosure properties
1 in every 381 housing units

Portage

170 foreclosure properties
1 in every 383 housing units

Delaware

160 foreclosure properties
1 in every 384 housing units

Fairfield

145 foreclosure properties
1 in every 386 housing units

Montgomery

656 foreclosure properties
1 in every 388 housing units

Seneca

62 foreclosure properties
1 in every 393 housing units

Crawford

52 foreclosure properties
1 in every 396 housing units

Franklin

1,311 foreclosure properties
1 in every 398 housing units

Wood

130 foreclosure properties
1 in every 399 housing units

Medina

165 foreclosure properties
1 in every 401 housing units

Clermont

191 foreclosure properties
1 in every 407 housing units

Lake

239 foreclosure properties
1 in every 413 housing units

Clark

150 foreclosure properties
1 in every 413 housing units

Auglaize

47 foreclosure properties
1 in every 414 housing units

Allen

108 foreclosure properties
1 in every 419 housing units

Wyandot

23 foreclosure properties
1 in every 421 housing units

Warren

179 foreclosure properties
1 in every 424 housing units

Morrow

31 foreclosure properties
1 in every 424 housing units

Hancock

78 foreclosure properties
1 in every 432 housing units

Hardin

29 foreclosure properties
1 in every 454 housing units

Union

41 foreclosure properties
1 in every 455 housing units

Brown

42 foreclosure properties
1 in every 458 housing units

Madison

33 foreclosure properties
1 in every 469 housing units

Ross

63 foreclosure properties
1 in every 479 housing units

Hamilton

781 foreclosure properties
1 in every 491 housing units

Champaign

34 foreclosure properties
1 in every 495 housing units

Ashland

44 foreclosure properties
1 in every 499 housing units

Wayne

89 foreclosure properties
1 in every 513 housing units

Muskingum

67 foreclosure properties
1 in every 529 housing units

Logan

41 foreclosure properties
1 in every 563 housing units

Pickaway

35 foreclosure properties
1 in every 565 housing units

Perry

25 foreclosure properties
1 in every 566 housing units

Summit

410 foreclosure properties
1 in every 592 housing units

Tuscarawas

63 foreclosure properties
1 in every 618 housing units

Ashtabula

72 foreclosure properties
1 in every 633 housing units

Coshocton

25 foreclosure properties
1 in every 646 housing units

Paulding

13 foreclosure properties
1 in every 677 housing units

Knox

34 foreclosure properties
1 in every 708 housing units

Erie

52 foreclosure properties
1 in every 721 housing units

Mahoning

156 foreclosure properties
1 in every 731 housing units

Shelby

27 foreclosure properties
1 in every 741 housing units

Preble

24 foreclosure properties
1 in every 750 housing units

Miami

56 foreclosure properties
1 in every 753 housing units

Lawrence

36 foreclosure properties
1 in every 759 housing units

Williams

22 foreclosure properties
1 in every 771 housing units

Van Wert

15 foreclosure properties
1 in every 849 housing units

Highland

21 foreclosure properties
1 in every 871 housing units

Greene

74 foreclosure properties
1 in every 886 housing units

Sandusky

28 foreclosure properties
1 in every 932 housing units

Scioto

33 foreclosure properties
1 in every 1052 housing units

Defiance

15 foreclosure properties
1 in every 1126 housing units

Henry

10 foreclosure properties
1 in every 1223 housing units

Hocking

9 foreclosure properties
1 in every 1392 housing units

Athens

17 foreclosure properties
1 in every 1482 housing units

Holmes

8 foreclosure properties
1 in every 1582 housing units

Jefferson

21 foreclosure properties
1 in every 1593 housing units

Jackson

9 foreclosure properties
1 in every 1626 housing units

Guernsey

12 foreclosure properties
1 in every 1630 housing units

Ottawa

16 foreclosure properties
1 in every 1694 housing units

Clinton

10 foreclosure properties
1 in every 1799 housing units

Geauga

18 foreclosure properties
1 in every 1967 housing units

Pike

6 foreclosure properties
1 in every 2060 housing units

Belmont

14 foreclosure properties
1 in every 2238 housing units

Darke

9 foreclosure properties
1 in every 2481 housing units

Harrison

3 foreclosure properties
1 in every 2579 housing units

Carroll

5 foreclosure properties
1 in every 2609 housing units

Putnam

4 foreclosure properties
1 in every 3361 housing units

Adams

3 foreclosure properties
1 in every 4007 housing units

Mercer

3 foreclosure properties
1 in every 5575 housing units

Gallia

2 foreclosure properties
1 in every 6668 housing units

Monroe

1 foreclosure properties
1 in every 7221 housing units

Morgan

1 foreclosure properties
1 in every 8039 housing units

Washington

3 foreclosure properties
1 in every 9323 housing units

Vinton

No data available

Meigs

No data available

Noble

No data available

Foreclosure Rate Heat Map
What are new foreclosures as a percentage of the housing market?
More info

1 in every 431
housing units received a foreclosure filing in December 2009

Foreclosure Savings Heat Map

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Foreclosure Savings Heat Map
Where do foreclosures represent the biggest savings?
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Foreclosure Activity Counts - OH

New Foreclosures
What areas have the highest amount of new foreclosure activity?
More info

Total New Foreclosure Activity

Currently Utah is ranked #6 in the nation in Foreclosure Filings. 12/09 Utah had 1712 Notice of Default Filings up 73% from 11/09 and 146% from 12/08, 1636 Notice of Trustee Sales are currently scheduled, and 1267 REO Properties, 4618 Total. This will continue to increase due as the Option Arms are adjusting and some homeowner mortgages will double or triple! 1 in every 45 in US households have received a NOD. 

December 2009 Foreclosure Rate Heat Map

Summit

284 foreclosure properties
1 in every 77 housing units

Washington

454 foreclosure properties
1 in every 120 housing units

Wasatch

72 foreclosure properties
1 in every 128 housing units

Uintah

79 foreclosure properties
1 in every 130 housing units

Iron

137 foreclosure properties
1 in every 131 housing units

Box Elder

119 foreclosure properties
1 in every 140 housing units

Weber

472 foreclosure properties
1 in every 173 housing units

Salt Lake

1,823 foreclosure properties
1 in every 193 housing units

Utah

702 foreclosure properties
1 in every 196 housing units

Tooele

80 foreclosure properties
1 in every 228 housing units

Davis

274 foreclosure properties
1 in every 337 housing units

Sevier

19 foreclosure properties
1 in every 407 housing units

Juab

8 foreclosure properties
1 in every 430 housing units

Cache

65 foreclosure properties
1 in every 532 housing units

Duchesne

9 foreclosure properties
1 in every 881 housing units

Morgan

3 foreclosure properties
1 in every 938 housing units

Emery

4 foreclosure properties
1 in every 1076 housing units

Beaver

2 foreclosure properties
1 in every 1436 housing units

Rich

2 foreclosure properties
1 in every 1551 housing units

Kane

3 foreclosure properties
1 in every 1618 housing units

Millard

2 foreclosure properties
1 in every 2419 housing units

Sanpete

3 foreclosure properties
1 in every 2865 housing units

Garfield

1 foreclosure properties
1 in every 3326 housing units

Carbon

1 foreclosure properties
1 in every 9070 housing units

 1 in every 200
housing units received a foreclosure filing in December 2009

Foreclosure Savings Heat Map

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Foreclosure Savings Heat Map
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Foreclosure Activity Counts - UT

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By Mary Umberger
Inman News

Anyone who's even remotely interested in buying a home these days has heard the term "short sale" -- and if the phrase isn't familiar to you, it ought to be.
Short sales occur when a homeowner is willing to sell his property for less than the amount owed on the mortgage, and the lender agrees to the deal. In many cases, these sales can turn out to be genuine bargains.
It's the phrase du jour in housing: A recent Zillow.com survey estimated one in five mortgage holders are "under water" -- their homes are worth less than the balance on their mortgages. Another study, from the National Association of Realtors, found that one in 10 recent buyers purchased through a short sale.
But short sales are a different animal than traditional real estate transactions, and they've been known to frustrate and disappoint buyers who are unschooled in their complexities.
Five things short-sale buyers ought to know:
1. Short sales are almost never short, so to the patient buyer go the spoils. The process, from making an offer to the closing, can take anywhere from a few weeks to more than a year -- sometimes longer, according to Bonnie Overbeck, a Cincinnati-area real estate agent who specializes in short sales. She says, however, that in her area they typically take 90 to 120 days.
The basic reasons for the delays, Overbeck said, are twofold: One, the bank is taking a loss on a deal, which it obviously isn't eager to do. Two, some lenders are awash in foreclosure and pre-foreclosure properties these days, and they're just not staffed to process these home sales in volume.
"Banks are flooded with these deals, and they're trying to put a Band-Aid on the problem," Overbeck said.
"(Some short-sale) negotiators have 300 and 400 files on their desks," she said. "These employees are working from a script, and are paid by the hour to process a file."
2. Work with an agent who has a track record in short sales. These can be complex deals with their own rules and etiquette, and they require knowledge of what's reasonable and customary.
Overbeck is one of a growing number of agents in the newly emerging short-sale specialty. Three years ago she and two colleagues formed a team, Three Blondes and A Short Sale, at Huff Realty in Cincinnati. In addition to representing buyers and sellers, the group also trains other agents in short sales and acts as a short-sale negotiator for other agents.
"When we talk with agents (about the process), we tell them the typical real estate agent is a general practitioner," she said. "A short-sale practitioner is your cardiologist."
A common mistake is that inexperienced agents unknowingly submit incomplete documents, and wait for the bank to get back to them, she said.
But human nature means that those who are processing the documents will take the path of least resistance, she said: With hundreds of pre-foreclosure files on their desks, many negotiators will simply push the most complete offers to the head of the line.
3. Buyers need to impress lenders that they're serious. Overbeck said buyers need a "very strong" preapproval letter from their lender with a solid financial package and proof of funds for their downpayment, or cash.
Buyers also should invest in a thorough home inspection before making an offer, she said.
"I don't want them waiting for three months for the bank to respond and then find out the furnace is bad or the roof needs to be replaced," she said.
4. Pricing is critical. The homeowner's listing price isn't necessarily a good guideline. And super-lowball offers probably will go nowhere, Overbeck said.
There are rules of thumb in the industry about making an offer just under either the bank's appraised value for the home or the broker's price opinion, which is an estimated value derived by a real estate agent hired by the bank.
However, Overbeck warned that many short-sale properties come with pricey strings attached: The homeowner may not have paid his property taxes for some time or owes homeowners association dues, etc. Those expenses will be liens on the property that also have to be resolved in the transaction, she said.
5. Be prepared to walk away. Banks aren't required to agree to these deals.
"Closing a short sale is a huge balancing act," she said. "When I work with buyers, I'm up-front. I say, 'You must have patience and fortitude and you cannot be emotionally tied to this investment. It might not work.' "

As we are all aware we are in some challenging times, and many are facing foreclosure and don't know where to turn for assistance.  Here is some helpful advice:

Don't wait for the Federal Government to Save you! Take Action ASAP!

1. Call your lender ask if you qualify for a modification
2. Call your local Fair Housing Agency, they have in house counselors that specialize in Foreclosure Intervention. They also have a list of Attorney's that work Pro-Bono (free) and have attorney's who will reduce their rates to individuals and families that are in need.
3. If you have to sell your home, then a Short Sale may be the best viable option. You need to do some research in searching for a Realtor who is experienced and educated in this area.
Ask the following questions;
What is your experience?
Are you Certified in Foreclosure Intervention? Education?
How many successful short sales have you done to date?
How many have not been successful? Why?
How many short sales have you closed this year?
How many short sale listings do you currently have?
Do you have a team of professionals who specialize in this area?
Do you have references of clients you helped?

It is imperative that you hire a professional that is educated and experienced, as your family, and credit are @ stake!  Hiring the wrong Realtor can put your family at risk!

Hope this provides some help for anyone who is facing foreclosure.

If you have any questions, or comments. please feel free to contact me.

http://go-to.realtor.org/r/C5L0ZQ/2OPRQ/Y3CRK/ZEI8Q/CE1LY/XL/h/

ENCOURAGEMENT CORNER...
 
The Paradox of our Time!
 
The paradox of our time in history is that...

We have taller buildings, but shorter tempers.
Wider freeways, but narrower viewpoints.
We spend more, but have less.
We buy more, but enjoy it less.

We have bigger houses and smaller families.
More conveniences, but less time.
We have more degrees, but less sense.
More knowledge,  but less judgment.
More experts, but more problems.
More medicine, but less wellness.

We drink too much, smoke too much, spend too recklessly,
laugh too little, drive too fast, get too angry too quickly,
stay up too late, get up too tired, read too little,
watch TV too much, and pray too seldom.

We have multiplied our possessions, but reduced our values.
We talk too much, love too seldom, and hate too often. 
We've learned how to make a living, but not a life;
We've added years to life, not life to years.

We've been all the way to the moon and back, but have trouble crossing the street to meet the new neighbor.
We've conquered outer space, but not inner space;
We've done larger things, but not better things.

We've cleaned up the air, but polluted the soul.
We've split the atom, but not our prejudice.
We write more, but learn less;
We plan more, but accomplish less;
We've learned to rush, but not to wait;
We have higher incomes, but lower morals;
We have more food, but less appeasement;

We build more computers to hold more information to produce more copies than ever, but have less communication.

We've become long on quantity, but short on quality.

These are the times of fast foods and slow digestion; tall men, and short character; steep profits, and shallow relationships.

These are the times of world peace, but domestic warfare; more leisure,but less fun; more kinds of food, but less nutrition.

These are days of two incomes, but more divorce; of fancier houses, but broken homes.

These are days of quick trips, disposable diapers, throw away morality, one-night stands, overweight bodies, and pills that do everything from cheer, to quiet, to kill.

It is a time when there is much in the show window and nothing in the stockroom; a time when technology can bring this letter to you, and a time when you can choose either to make a difference, or to just hit delete...

Dr. Bob Moorehead

http://www.kpho.com/video/21585164/

If you or someone you know is having trouble making their mortgage payments, please have contact me, I am here to help, so this type of situation doesn't happen to you!