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If You Can’t Sell Them, Rent Them!
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April 6, 2011 (Jeff Alan)
mortgage-congress-image
Homebuilder Beazer Homes has started a new division to buy homes that were built after 2004 that are primarily foreclosures and short sales, and plans to rent them out in housing markets where many people are having trouble qualifying for home loans.

Starting in the Phoenix area, the builder hopes to have more than 100 homes in its portfolio by the end of fiscal 2011.

Beazer and other new home builders have been suffering declining sales as pre-owned home prices continue to decline due to the large amount of foreclosures hitting the market, making it difficult for new homebuilders to compete.

Beazer reports that orders for new homes fell 24 percent in the quarter ending in December 2010. The builder said that it may expand the plan to Nevada and California and that they expect to sell the homes when the housing market recovers.

The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) reported in March, that sales of new single family homes dropped 16.9 percent in February compared to January.

Tags: Beazer, new homes, foreclosures, short sales, rentals, declining sales, homebuilders, housing market

Source:
Reuters

FILL OUT THE FORM
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WE VERIFY & TRANSMIT TO LENDERS
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REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
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Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools
Mortgage
Calculator

Estimate your monthly mortgage payment
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about the different types of home loans
15 Year vs 30 Year
Loan Comparison

Compare 15 year and 30 year mortgage loans
Todays Mortgage
Rates

See today's mortgage rates. Shop, compare and save.

April 6, 2011 (Jeff Alan)
mortgage-congress-image
Homebuilder Beazer Homes has started a new division to buy homes that were built after 2004 that are primarily foreclosures and short sales, and plans to rent them out in housing markets where many people are having trouble qualifying for home loans.

Starting in the Phoenix area, the builder hopes to have more than 100 homes in its portfolio by the end of fiscal 2011.

Beazer and other new home builders have been suffering declining sales as pre-owned home prices continue to decline due to the large amount of foreclosures hitting the market, making it difficult for new homebuilders to compete.

Beazer reports that orders for new homes fell 24 percent in the quarter ending in December 2010. The builder said that it may expand the plan to Nevada and California and that they expect to sell the homes when the housing market recovers.

The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) reported in March, that sales of new single family homes dropped 16.9 percent in February compared to January.

Tags: Beazer, new homes, foreclosures, short sales, rentals, declining sales, homebuilders, housing market

Source:
Reuters

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Helpful Tools

April 6, 2011 (Jeff Alan)
mortgage-congress-image
Homebuilder Beazer Homes has started a new division to buy homes that were built after 2004 that are primarily foreclosures and short sales, and plans to rent them out in housing markets where many people are having trouble qualifying for home loans.

Starting in the Phoenix area, the builder hopes to have more than 100 homes in its portfolio by the end of fiscal 2011.

Beazer and other new home builders have been suffering declining sales as pre-owned home prices continue to decline due to the large amount of foreclosures hitting the market, making it difficult for new homebuilders to compete.

Beazer reports that orders for new homes fell 24 percent in the quarter ending in December 2010. The builder said that it may expand the plan to Nevada and California and that they expect to sell the homes when the housing market recovers.

The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) reported in March, that sales of new single family homes dropped 16.9 percent in February compared to January.

Tags: Beazer, new homes, foreclosures, short sales, rentals, declining sales, homebuilders, housing market

Source:
Reuters

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.