Foreclosure Listings: Get best deal ever Foreclosure listings are very beneficial as they guide people while buying a property at auctions. The properties being sold there are in a very good condition. When a person buys home through foreclosure listings, then he can certainly earn some instant equity as he buys below market value. The national foreclosure rate is rising day-by-day which has led to decrease in the prices further....more
How to Buy Foreclosures Jedi Moves How to buy foreclosures buying low and selling high. Hmmm. It's hard to sort through all the info. But we agree it looks appealing. Properties at auction seem like a great deal given the press. My background is in real estate. As an investor and a broker. Prior to talking more about the course that's out there, allow me to tell you the truth on investing in bank reo's.The main issue right now?...more
A More Effective Way To Stop Foreclosure: How To Sell Without Going Thru A Short Sale Turning to a short sale is fast losing popularity as a way to stop foreclosure. Short sales have proven to be ineffective in stopping foreclosures in that there are a number of variables involved when going into them. Through a short sale, you attempt to sell your property to another for only a fraction of the amount that you owe your lender. You will have to make an offer to your bank to signify your intention to go into a short sale. When your bank agrees to this, you can then proceed to find a buyer. In an unattractive real property market, there are not a lot of buyers even for properties that are being sold on a short sale. There are times when possible sales fail to fall through, causing the foreclosure proceedings to go on as scheduled. Not all banks would agree to a short sale. For some lenders, short sales would only result in more difficulties for them to be able to recover what the borrower owes them in full. For borrowers, short sales do not necessarily free them from all their obligations. Some lenders still hold on to their legal right to go after the...more
Avoiding Foreclosures with Short Sale Experts If you're like millions of Americans, the recession is hitting you hard. With unemployment up there pretty high, and more and more companies cutting jobs and hours to stay afloat, many people are finding it difficult to keep their homes. With foreclosures rates as high as they are, many...more
The Short Sale and Foreclosure Stampede Short sales and foreclosures can be a waiting game for everyone; the home owner, the buyer, the lender, and even the real estate agent. The challenge is, in the year 2010 we are seeing so more of them and everyone is feeling the impact. So, what does this all mean? Short sale inventory is...more
How to Buy Foreclosures Newest Secrets How to buy foreclosures and buy it cheap. I hear you. After all, regardless of whetheryou are an investor or even want to purchase to live in it, bank properties appear - on the surface - to be a great option.Probably won't surprise you. My experience includes being a real estate agent. As a realtor, there are some truths about reo sales that I need to give to you before I talk about this insanely lucrative technique.Do you know the most important factor these days: Foreclosures are attracting more competition. That's jacking prices up. The problem is exacerbated when you consider repairs which frequently plaque property bought this way. A builder pre-built home is a better way to go That's not even considering the cost of cosmetic and mechanical repair issues. No, I'm not kidding. That's not the only concern. Are you a real estate flipper and/or short sale kinda guy? Read on. The short sale methods are not new. They have been around about as long as realtors. In addition, mort co's are extremely careful. These guys don't fall for bs. No, noone's being allowed a super low escrow. Further, you won't be allowed to list the house...more
st charles il foreclosures http://www.stcharlesilforeclosures.com is an article about buying st charles foreclosures that I transcribed from a video interview. Enjoy. I know it will give you a ton of good info. Cost of HomeownershipIs...more
Stop Massachusetts Foreclosure: Understand The Various Ways So, what have you finally decided to do with your default notices which are streaming in at a regular interval? Are you still in dilemma waiting to make a decision or is it...more
A Way to Find Foreclosure Listings A lot of homebuyers are favoring foreclosed houses over new or existing homes mainly because of their affordable prices. However, before making any purchase, they should consider several options first...more
Minimizing the Effects of Your Foreclosure Procedure There will be many effects that your foreclosure procedure will have on your life. It will affect your credit, your emotional wellbeing, and your finances in a major way. So what can...more
What Must Be Done To Stop Foreclosure It is natural to feel humiliated when your property is being subjected to foreclosure. It also creates a feeling of helplessness because you were not able to pay for your home. The feeling of...more
Boston Foreclosure Attorney: Helping You to Halt Foreclosure Do you know that foreclosures in Massachusetts were up close to 50% for the first four months of 2010 compared to the same period last year?Yes,it is a fact and if you have...more