Steps to follow to stop foreclosure Many homeowners worst night mare as their home sold in foreclosure. It may leave a person homeless, depressed and also in bad credit. You will want to take any actions within your power to avoid foreclosure occurring, and the time to start taking action is right now. If you have received a notice of default you have to act immediately as every day counts. You may face foreclosure problems do to one of...more
Foreclosures high in Southwest and North Counties The US economy is on a tailspin. Unemployment is at its peak. As people lose jobs, even those with excellent credit scores are faltering on mortgage payments. Hence, foreclosures are high.The Federal Government had come up with a program – Making Homes Affordable – to help the harassed homeowners. As part of this program, loans of homeowners are being modified, first on a temporary...more
The Ease of Owning BofA Foreclosures BofA foreclosures are quite popular across the country and this is in no small part to the bank's image of stability and dependability. People usually entrust banks with their money and this is no different when they purchase property. They would rather deal with a bank than with anyone else.These BofA foreclosures come up in most property listings. The bank would typically commission listings services to push their properties to the market. A good resource would be those online foreclosure listings sites that maintain a huge database of foreclosures in the country.Bank foreclosures usually follow the same process but may vary depending on the types of documentation they will require from their buyers. Buyers can either deal directly with the bank-appointed realtor or they may hire a real estate agent to handle their purchase. Either way an offer would have to be submitted to the bank's property manager along with a good-will deposit and the buyer's loan pre-approval certification.Perks Offered By BanksApart from the discounted value of the property, BofA foreclosures offer a host of added value products and services along with the...more
Investing in Florida is a smart idea considering that the area is considered one of the best places to get a good bargain foreclosure from. Foreclosures in Florida are fine properties that every investor should consider buying. They have a wide array of cheap properties that will satisfy every buyers need for good options. These properties include...more
Effective Ways to Stop Foreclosure Sale Foreclosures are very common and a foreclosure occurs when individuals cannot pay their debts due to unexpected circumstances such as illness, job loss, and difficult life situations. While you are working very hard to meet financial responsibilities you realize that it is not enough to bear the cost...more
Foreclosures are a lot harder to come by I'm Dan Polimino with ColoradoDreamHouse.com and this week's market update for the week of June 21st, I hope everyone had a great father's day weekend. Alright, this week, we're talking about foreclosures.Back in 2006, Colorado was all over the news as leading the nation in foreclosures, both rate and the amount of foreclosures. Well, fast forward to 2010 and I'll tell you what, it's getting pretty hard to find foreclosures. It's either been bought up or they're just not coming back on the market, which are good things. It's even more difficult to find a good foreclosure and when we do, I'd tell buyers ahead of time that there is probably going to be two maybe even three offers going on at the same time and you could get into a bidding war, which most buyers don't want to do.So I began counseling a lot of my clients and saying, hey, let's not focus in on foreclosures. Let's go after private sellers because we can probably find the house that you're looking for and a better price, with really no need to get into a bidding war!Alright, this week's home, I want to highlight, it's 5740 Lambert Ranch Trail in Sedalia, Colorado. Check it...more
Foreclosures in Fort Wayne almost do not need selling as many people are attracted to the city. With its affordable cost of living, the short commutes, excellent community services, the city is an ideal place to reside in for single people and entire...more
While foreclosures are an ugly truth and side to the foreclosure market, people are not entirely helpless from stopping them. Banks are required to exercise prudence in their dealings with struggling owners and borrowers especially those who have...more
A quick look at the Arizona foreclosure market reveals that it is booming right now, and a lot of people are finding themselves put out of their homes after falling behind on their mortgages. If your home was one of the Arizona foreclosure properties...more
Foreclosures in Dearborn: Responding to Buyer's Needs There are multitudes of foreclosures in Dearborn that can respond to any buyer's needs and demands. The homes are affordable and financing is not hard to find. If you are a first-time...more
The falling economy has home foreclosures at an all time high. High unemployment rates, a stalled job market, and the high cost of living have affected homeowners all over the country. While Texas has fewer foreclosures than many other states, such...more
STALL Them! STOP Them! Foreclosure Sucks! Allow me to share A few Secrets to CLOBBER The Foreclosure Process! Here lately have you been feeling like you want to Strike the Foreclosure Process over the head to make it disappear? Or maybe you've...more