Published: Fri, 20 Jan 2017 18:51:22 -0600
Mon, 16 Jan 2017 14:56:50 -0600With today's real estate market, it is easy to purchase a wonderful property at a fantastic price. There are numerous foreclosed residences now available on the market. These residences are listed at rock bottom prices as the mortgage loan providers simply want to get the amount of revenue due to them. Using the services of a realtor can assist you locate the best package available on the market.
Mon, 12 Dec 2016 08:20:33 -0600Is your house on foreclosure? Can you buy it back when it is foreclosed? This article answers these questions.
Thu, 08 Dec 2016 09:14:39 -0600The real estate market is showing increasing signs of recovering and there are great investment opportunities to be found. Home prices are still relatively stable and interest rates are still very attractive. However, whether buying for a primary residence or for investment purposes, there are still some basic guidelines to follow when considering buying foreclosure properties.
Mon, 28 Nov 2016 07:26:01 -0600When you are considering buying a home looking at foreclosed homes may seem like a good idea. You can get a good property at a good price but it may not be possible to build a relationship with the previous owner.
Mon, 28 Nov 2016 07:18:35 -0600A lender, which can be a bank or financial institute, claims possession of the property that belongs to the person who borrowed the money and used the property for collateral. This legal process is done because the borrower stopped making payments to the lender.
Mon, 26 Sep 2016 08:18:28 -0500This article offers basic guidance when purchasing a distressed property. Rehabilitation mortgage types are reviewed and seller complications are discussed that may affect or delay closing.
Thu, 25 Aug 2016 09:00:02 -0500Real Estate, at least in Florida, is back to being a hot market again. Everybody wants in and you can tell by the Real Estate 'Auction' sites such as Auction.com and Hubzu.com. These sites previously would simply work with the banks and 'Auction' off their REO inventory, but now everywhere you go you see these $100 minimum bid auctions being advertised on these sites and others like Zillow, Trulia, and Realtor.com
Mon, 08 Aug 2016 14:03:01 -0500It patently requires time, work and ability to get an incredible deal for land. We will let you know why individuals offer property below market value, what its real market worth is and how you can purchase land below market value.
Fri, 29 Jul 2016 13:32:01 -0500Introduction: Quick Sale is a kind of real estate, where you can owe more than the estimation of your property. Lending institutes, for example, huge banks or other money related establishments will permit you to run with a short sale, so you can abstain from experiencing foreclosure issues and undoing in your credit rating over the long haul. You can undoubtedly get rid of issues on your credit rating on the off chance that you go through this short sale process.
Tue, 19 Jul 2016 10:11:18 -0500Foreclosure affects 5 million people. This article will talk about 4 ways a borrower can fight foreclosure.
Fri, 15 Jul 2016 13:18:22 -0500Find out the 7 most common liens that affect your home and how to avoid them. Learn the exact foreclosure steps lenders go through in Florida and how to navigate your way through the timeline.
Fri, 10 Jun 2016 06:53:33 -0500Find the latest available statistics on Frederick County, Maryland. The county varies widely in its rate of foreclosures, as does the rest of the state.
Fri, 10 Jun 2016 06:42:26 -0500Maryland has the highest rate of closure in the United States. Take a closer look at the latest figures on the Maryland foreclosure rate and other trends and statistics.
Thu, 09 Jun 2016 09:40:01 -0500What does bankruptcy do to a foreclosure sale? Let's take a look at what happens when someone files a bankruptcy petition. Immediately at the time of the bankruptcy filing, an automatic stay goes into affect. The automatic stay is governed by federal law specifically 11 USC ? 362.
Tue, 07 Jun 2016 11:19:09 -0500Foreclosure: A foreclosure occurs when a property owner cannot make payments on their loan. If a homeowner unable to keep up with payments he simply had to relinquish the property back to the bank that holds the mortgage on the house. A bank can bring a foreclosure action against the homeowner. They can sell or repossess (take ownership of) a property in order to recover the amount owed on a defaulted loan secured by the property. A homeowner's rights to a property are forfeited because of failure to pay the mortgage. If the owner cannot pay off the outstanding debt or sell it via short sale, the property then goes to a foreclosure auction. If the property does not sell at auction, it becomes the property of the lending institution. Foreclosures are fairly straight-forward sales because the banks typically do not want to be "home owners", they want to be "home loaners".
Wed, 30 Mar 2016 14:24:31 -0500Have you missed a mortgage payment yet? Are you already behind on your payments? Now is the time to get foreclosure help and save your home.
Thu, 10 Mar 2016 14:36:14 -0600We are finding out the hard way in a Contract for Deed we purchased in Alabama about the Power of the Power of Sale Clause. The Power of Sale clause is one of many clauses written into most mortgages which will allow the lender or owner of the mortgage the power to sell the property in the event of a default by the homeowner, in order to pay off the mortgage debt. It is for all purposes the equivalent of a foreclosure, without having to foreclose judicially in non-judicial States.
Mon, 09 Nov 2015 10:39:26 -0600Do you fully understand the Nebraska foreclosure process? By understanding the foreclosure it can help ease you mind and feel more in-control of the situation.
Tue, 06 Oct 2015 13:03:40 -0500IS IT BETTER TO BUY A SHORT SALE OR A REO BANK OWNED HOME? This can be a hard decision after you read this article. You might find a beautiful short sale home in your favorite area and it may be remodeled and upgraded and also in your price range too. But you will have to be patient and wait for the short sale approval if you want to buy it. Are you looking for a bargain? I'm sure your answer is Yes.
Tue, 29 Sep 2015 10:43:38 -0500Trying to do a loan modification to save your loan? If it seems that things are not working on that front, i.e. your house is going to be put up for sale, you may want to try a chapter 13 bankruptcy and then pursue your loss mitigation options.
Mon, 28 Sep 2015 12:42:00 -0500Foreclosure is never a pleasant experience, so it is important to be aware of where you stand once your property has been foreclosed. Once the proceedings have been put in place, you will have a limited amount of time to catch up on your mortgage payments before your lender accelerates the payments to the point where they will accept nothing less than full payment if you intend to keep the property. The amount of time you have for this will differ depending on the loan provider, but it will usually be no more than a couple of months.
Tue, 15 Sep 2015 09:16:07 -0500Owning a home is the dream of a lot of people and it is for this reason that many get mortgages to push them closer and closer to their dream homes. However, you need to be very careful when choosing a mortgage to ensure that you remain consistent with your payments. Foreclosure is attracted by failure to pay mortgage and your house is possessed by the institution that offered you the mortgage in the first place. It can be a terrible thing to lose your house especially when you face foreclosure because of situations beyond your control like loss of jobs or being incapacitated to continue working to pay your mortgage.
Tue, 11 Aug 2015 13:52:48 -0500Buying a foreclosure property could be a very smart financial move for a savvy buyer. After all, most foreclosure properties will trade under market value, some as low as 85% of the value. What are the most important things to remember when buying a foreclosure property?
Mon, 03 Aug 2015 06:18:46 -0500Buying a foreclosed home involves a few different processes than simply buying a property directly from a seller, so it pays to be aware of the amount of time that you're going to have to wait before you can finally call the property your own. The key is putting yourself in a position to make an as-is offer quickly, while being able to prove that you can secure the necessary funds to make the purchase. If you have to wait to secure a loan then the process takes a little longer, as you would expect from any house purchase...
Fri, 24 Jul 2015 10:48:10 -0500One of the worst situations that a tenant can find themselves in is to be renting a house that is going into foreclosure. It's an uncertain situation and may eventually see the tenant evicted through no fault of their own.
Wed, 22 Jul 2015 10:31:49 -0500Thousands of homes go into foreclosure in the United States every single year, which means that there is currently a fairly healthy market for those who want to purchase such properties, either with a view to living in them and to sell them on for a profit at a later date. Before you can get started on that though, you are going to need to know where to look and what you should be looking for before you commit any of your cash to a sale. Here we offer some advice on buying foreclosed homes using the internet.
Fri, 10 Jul 2015 06:17:36 -0500This article discusses where to find help if you are facing foreclosure. It also reviews alternatives to foreclosure that are less damaging to an individual's credit history.
Wed, 24 Jun 2015 06:22:09 -0500Being foreclosed on is not a pleasant event, and it can haunt your credit score and make it unbearably difficult or even impossible to get a mortgage loan over the next seven years. Seven years! To prevent this kind of credit catastrophe, one of your best options to consider is selling your home. In many situations though, you'll need to do this quickly in order to prevent being foreclosed on. While foreclosure is a process that can take a few months to a year to happen, selling a house can also be a bit of a lengthy process as well, so you should start thinking sooner rather than later, "I need to sell my house fast!" If foreclosure is coming and you know it, read on to minimize the damage to your financial future.
Mon, 15 Jun 2015 09:37:26 -0500How to avoiding Foreclosure is one of the most common questions of home owners. So, here are some easy ways, which you can consider for avoiding foreclosure.
Mon, 08 Jun 2015 10:58:27 -0500Foreclosure is a process with few absolutes, including no absolute start-to-finish time frame. Consider your own pre-foreclosure timeline. You may have agonized for months over how to make each mortgage payment, possibly underpaying a bit, and finally choosing food or medical care over the mortgage.
Mon, 08 Jun 2015 10:57:02 -0500The "Great Recession" may be the first great misnomer of the 21st century. What was so "great" about it? An estimated 6.7 million Americans lost their homes since 2006, and another 800,000 may still lose their homes by the time all delinquent mortgages are settled. Perhaps you are one of these millions who face losing your home to foreclosure.
Wed, 27 May 2015 08:49:37 -0500Short sales have grown to become more prevalent simply due to the fact we have been in a recovering economy. They happen when a homeowner cannot maintain keep the mortgage current along with other financial issues.
Tue, 26 May 2015 07:57:06 -0500"Foreclosure" is a word that leaves a bitter taste in many people's mouths, yet it is a term that some eventually must come to terms with. Once the property is foreclosed and bank-owned, selling it generally lies in the hands of the bank, and, therefore, some common problems begin to manifest.
Mon, 18 May 2015 06:32:38 -0500In this high-strung real estate market, securing your beautiful home can be a herculean task. While you are busy building your dream home, the mortgage rates are soaring high. If you miss making a couple of payments, your property is likely to undergo foreclosure. Here's how you can save your home in such an instance.
Wed, 06 May 2015 07:04:21 -0500When people buy a home, they usually do so with a mortgage. A requirement of having a mortgage is that buyers the payments on time every month for the life of the loan. If they don't, the home will eventually fall into foreclosure, and the bank will take control over it. The bank will eventually sell the real estate using a foreclosure sale. For buyers, foreclosure sales have some advantages and disadvantages.
Fri, 01 May 2015 12:35:45 -0500Purchasing a foreclosure home may appear to be a deal of a lifetime. What could be better than buying a home for a portion of the market value? Many individuals believe that some of these homes may even be too good to believe.
Thu, 16 Apr 2015 06:48:16 -0500Borrowers usually dread reaching the property foreclosure stage of a loan transaction. But what most of them don't realize, is that foreclosures can also lead to profits, if they proceed cautiously. Read on to discover 3 secret to gaining profits from property foreclosures.
Mon, 09 Mar 2015 14:18:39 -0500Few things in life are more difficult than dealing with the process of foreclosure. Neither party wants to have to engage in a foreclosure but lenders have to protect their investment in any way they can so sometimes it is an inevitability if the mortgage isn't getting paid in the agreed fashion.
Wed, 25 Feb 2015 08:43:05 -0600So now the unfortunate has happened to you and you have no choice but to allow foreclosure proceedings to begin on your home. Now what? How long will this process take? When will you need to leave your home? We will examine the answers to those questions in our article.
Wed, 25 Feb 2015 08:40:14 -0600Home Owners Associations are far more prevalent today than perhaps a few decades ago. Nowadays if you buy a condominium or a townhouse or even many average single-family homes; like it or not, you will most likely be a part of an HOA community. That means there will be various fees that you will need to pay on top of your mortgage. So what happens when your home is foreclosed upon? What fees can you expect to owe to your HOA? We will proceed to discuss this subject right now.
Wed, 25 Feb 2015 08:37:35 -0600Let us say the unfortunate has happened to you and despite all of your efforts your home is in foreclosure. What are your rights as far as what you are allowed to take with you? Can you take all of the appliances? Can you take lighting fixtures or perhaps fancy sink and faucet sets you paid for yourself? We will attempt to shed some light on this topic and help you determine what you are and are not permitted to take when your home is foreclosed on.
Wed, 25 Feb 2015 08:36:55 -0600Are you dangerously close to foreclosure proceedings on your home? Are you feeling like there is no help for you and that you will lose your home? Well, fear not! There are now a number of United States federal programs available to such homeowners now. We will discuss some of them here. Perhaps one of these options will offer you a viable way out of your current situation.
Wed, 25 Feb 2015 06:58:31 -0600Roadside signs and online ads can commonly be found stating things like, "We buy houses." These ads are typically from real estate investors looking to obtain a discounted property, such as a property heading into foreclosure. A foreclosure, often referred to as a REO or bank owned property, is a type of distressed property that has reverted back under the control of the original lender. Real estate investors and discount home buyers often seek out these types of properties as an alternative to paying higher prices on traditional retail properties. In many cases, a foreclosure property will be sold at or below market value. In some situations, however, they will be sold for well above market value. For this and many other reasons, those who are interested in purchasing foreclosure properties should become familiar with the way foreclosures are transacted before attempting to invest large sums of money in this type of asset.
Mon, 09 Feb 2015 08:38:26 -0600Does it make any sense to seek foreclosure proceedings after you have been successful in your bankruptcy case? Is this legal? What is the difference between foreclosing on your home before or after your bankruptcy case? What are the correct processes for doing this? There sure are a lot of questions regarding this matter. Yet all of them are good questions and deserve good answers. We are going to take a look at some of these answers right here in this article.
Mon, 02 Feb 2015 13:35:38 -0600Unfortunately it does happen, especially when economic times are tough - people need to file for foreclosure on their home. It is not something that anybody liked to do. But sometimes it is necessary. Quite often other people jump to conclusions when someone loses their home to foreclosure. They chalk it up to irresponsible behavior. This is frequently not true. Most of the time; the circumstances are beyond the family's control. This article looks at some of the common reasons people decide foreclosure is their only way out. We hope to help shed some light on this subject for you.
Mon, 02 Feb 2015 13:35:20 -0600Let us say the unfortunate has happened to you and your home was foreclosed upon. Now you most likely will need to rent an apartment. This will not be easy as most landlords will run a credit check on you. In that case your foreclosure is sure to come up. What do you do now? We have some tips for you on how to successfully be able to rent a place after you have been the victim of a foreclosure. We hope these tips prove helpful.
Thu, 29 Jan 2015 13:47:48 -0600This article discusses the foreclosure process and how it impacts the sale of the property. There are many advantages and disadvantages in purchasing a foreclosed home. This article reviews some of the main drawbacks in a foreclosed home and how to protect yourself from financial harm.
Mon, 26 Jan 2015 07:16:34 -0600When a home goes into foreclosure, the bank is starting a process of reclaiming property that they have a lien on. Generally, foreclosure proceedings start after one or two missed payments and can take up to a year or more to complete. While the foreclosure process is ongoing, a homeowner has a variety of options.
Thu, 08 Jan 2015 07:21:46 -0600When looking for help in handling a foreclosure cleanup that needs to be done. It is strongly advised that they seek the services of a professional foreclosure cleanup firm. This would be to avoid the possible pitfalls of selling a foreclosed home.
Tue, 06 Jan 2015 08:28:44 -0600Buying a foreclosed home is certainly a profitable property investment. But before you make that investment, you need to acquaint yourself with a few tricks of the trade. Here are five tips that'll help you in the buying process.
Mon, 05 Jan 2015 07:41:37 -0600Are you thinking about investing in foreclosed homes to drive a profit? This article shows the different ways in which you can profit from investing in foreclosed homes.
Mon, 05 Jan 2015 07:18:03 -0600If you are in the middle of a financial crisis then you are most likely feeling like your world is caving in. Dealing with a potential foreclosure on your home is scary. Don't run from your problems face them head on. Let me help you.
Mon, 22 Dec 2014 09:37:15 -0600In today's world the sad reality is a lot of people are going into foreclosure on their homes. If you are contemplating that yourself, there are some things you ought to know first. Things such as how the foreclosure process works and what some ramifications are. We will discuss this topic in this article.
Thu, 18 Dec 2014 12:28:01 -0600If you have fallen behind on your mortgage payments, your lender could choose to foreclose on the loan. This means that you will lose your house and suffer a huge hit to your credit score. However, you may be able to sell your home to stop foreclosure. How does selling your home potentially put an end to your foreclose dilemma?
Fri, 12 Dec 2014 12:29:32 -0600Deemed Sale - When you lose your home to foreclosure, or the property is given back to the lender (Deed in lieu of foreclosure), a deemed sale or exchange has taken place under Section ?1001(a) of the Internal Revenue Code. This sale or exchange of property could result in a tax gain or loss, and the recognition of cancellation of debt (COD) income to the taxpayer. Cancellation of indebtedness will result in taxable income to the taxpayer unless there is an exception within the statute (IRC Section 108) which is...
Fri, 21 Nov 2014 06:35:31 -0600If there is any investment we would never want to let go, that would be our house. We worked so hard just to build it so why not keep it? If you are thinking of selling your house due to foreclosure, here are some insights so you can avoid it while you can.
Thu, 20 Nov 2014 11:29:48 -0600The consequences of a foreclosure can haunt you for years. Help is available! Be proactive! It's worth the effort!
Mon, 13 Oct 2014 05:35:35 -0500One of the main reasons why families end up foreclosed is because of money. Sometimes people take too big of a step on getting a home and later can't afford it. Anyone with low income and low credit score are offered a "Subprime mortgage." Over time, they end up with higher interest rates and higher mortgages. But to make a great deal on foreclosed homes is what you're after. Then these helpful ideas can guarantee you a home without burning a hole in your pocket.
Thu, 09 Oct 2014 08:22:20 -0500The housing market is cyclical and it currently is on a gradual rebound from the real estate collapse of 2008. The number of foreclosed properties is fewer than a few years ago, but there still are opportunities to buy a foreclosure at a respectable price.
Fri, 03 Oct 2014 05:30:48 -0500Knowing when to walk away from a situational scenario that does not look promising, is not a prophetic science. Without question, some of the flips I closed and bought from builders in 2005 were clearly non-deal laggards that I should have walked away from. And I mean literally.
Tue, 23 Sep 2014 08:39:49 -0500The worst has happened, and your bank is threatening to foreclose on your home. What do you do? This is a trying time, and you might not be able to think of possible options. You might think that all hope is lost, and you're going to lose your home and ruin your credit. There are options, however, to stop that foreclosure in its tracks and preserve your credit and possibly even your home.
Mon, 15 Sep 2014 10:48:25 -0500In today's world, it's very difficult to truly have job security. All too often, homeowners lose their jobs and it becomes harder to make your mortgage payments. A paid off home is not subject to foreclosure, unless of course, taxes remain unpaid.
Tue, 02 Sep 2014 10:21:20 -0500Topic: It is time to expand our concept of the responsibilities of the ubiquitous auctioneers at the scheduled trustees' sales. They are not simply "criers" and have multiple other duties that are required to notify the defaulted property owners by posting Notices of Trustees' Sales and properly offering the properties in an acceptable fashion at the courthouse steps. What other duties must these criers perform as required in California Civil Code 2924?
Mon, 25 Aug 2014 12:45:48 -0500Today far too many hard working homeowners find themselves at odds with their bank or servicer. Frustration rises from botched modifications, predatory lending, mortgage fraud, illegal foreclosure and more. Homeowners turn to what at first appears to be the best solution for defending their home with an attorney. But buyer beware. More often than not money is unnecessarily drained away along with their home. Banking and finance are generally NOT specialties of the majority of lawyers. This article outlines key questions that must be answered to the homeowner's satisfaction before hiring the right foreclosure attorney if hiring one at all is even necessary to remain in your home.
Thu, 21 Aug 2014 15:29:25 -0500More than 4.9 million homeowners have been foreclosed upon since the financial crash of 2008. While the government has levied fines upon banks the assault continues. More often than not homeowners don't know where to get accurate information. This article features some plain talk about banking, attorneys and foreclosure.
Tue, 12 Aug 2014 13:07:32 -0500It does not come as a surprise. You have anticipated the moment when you open your mailbox and found a foreclosure letter from your bank. Take a moment, take a deep breath, and grab the bull by the horns. You don't have to lose your home.
Mon, 11 Aug 2014 13:11:25 -0500Having to go through Foreclosure is traumatizing and not just for everybody involved. You could be affected as well without knowing about it if somebody nearby you had to foreclose their home. The most obvious effect is that you and your family lose your home but there are also several overlooked effects that should also be considered.
Thu, 07 Aug 2014 05:18:54 -0500If you can't afford to make payments on your home loan, two options are foreclosure or short sale. Here's a look at each and how it impacts your credit score.
Fri, 01 Aug 2014 15:47:49 -0500If you are considering entering foreclosure mediation, but aren't sure what to expect, don't worry. You are not alone. This article is intended to help ease your fears and give you more confidence about moving forward by providing some additional insight into how it works.
Wed, 30 Jul 2014 07:40:41 -0500Buying a house is exciting especially if it's your first time to have one. Just make it sure that it is in a safe location.
Thu, 03 Jul 2014 10:29:18 -0500Up to now the most prevalent broker price opinion automation processes have used iMacros software. iMacros enables a user to call up a CSV export at the start of the script, followed by tags which direct the data from each spreadsheet cell to the corresponding field on the BPO form.
Thu, 03 Jul 2014 10:25:48 -0500iMacros has Achilles' Heels and I'm going to exploit them. Find out why this automation isn't the automation of the future for the Broker Price Opinion industry.
Wed, 02 Jul 2014 15:55:01 -0500As the market improves and less foreclosures hit the market, the volume of Broker Price Opinion's decreases significantly. Many realtors find it easier to acquire business on the listing end, and thus many drop out of the BPO scene altogether for greener pastures. What does that mean for the remaining BPO agents?
Mon, 23 Jun 2014 08:11:06 -0500There are a number of programs to assist homeowners who are at risk of foreclosure that the Obama Administration has implemented. Many of these programs are administered through the United States Department of Treasury and HUD. Today I want to talk about what refinance or modifications programs that are available. Below is a brief description of these various programs.
Wed, 18 Jun 2014 06:40:17 -0500A distressed property can be a beneficial buy but it can provide one with a lot of issues, too. The article provides you with a list of seven things to watch out for before buying a property of this sort.
Tue, 17 Jun 2014 07:32:19 -0500When you're in a position where you need to sell your house but can't quite get it done due to amounts owed or legal obligations, there might be a way around it. At the end of the day all it comes down to is how serious you are about moving on with your life.
Tue, 27 May 2014 14:45:05 -0500Here in this post we're going to discuss solutions to foreclosure and the aftereffects that may occur if you decide to let the bank forcefully reclaim your property. We'll go over subject to, short sales, straight purchases and a few other options.
Wed, 21 May 2014 06:59:16 -0500Foreclosed homes are tricky business. This article will educate you on the pros and cons of buying a foreclosed home. Read on and find out what they are.
Tue, 20 May 2014 11:01:15 -0500Banks are the last people that you want to negotiate with when you're looking to do a short sale or save your home. You need a seasoned professional on your side to fight the big bad wolf the right way. I can help.
Wed, 14 May 2014 16:30:03 -0500Today's mortgage market now includes home purchase and renovation loans. These loans are becoming more popular with first time homebuyers and those who want to live in primary residences. They make it easier to purchase foreclosures, bank owned properties and properties in need of repair. Learn more about rehab loans.
Mon, 05 May 2014 14:16:37 -0500Why are the Courts Charging Homeowners for a crime they didn't commit? Why are the courts siding with the Banksters in foreclosure cases?
Mon, 05 May 2014 12:51:26 -0500The process of selling your home can be a very complicated thing, and if you have distressed homes in your area it will make it even harder because they can lower the value of your house. Sadly, in today's market, it is a very real possibility even if your house is in great condition, if you are in an area that has a high number of foreclosures and short sales, that your house will suffer right along with those houses.
Mon, 05 May 2014 12:50:34 -0500There are not a lot of people that think about the possibility of losing a house to foreclosure when they first purchase the home. The process of foreclosures is not something that happens right away and in the following article we will talk about the various steps that a lending institution can take during the process.
Fri, 02 May 2014 07:14:29 -0500Making sure that you have carefully examined all of the pertinent documents affecting title and debt on your chosen foreclosure property prior to purchase is an unquestioned necessity. Are you comfortable with your understanding of the apparently innocent documents such as the abstract of judgment, assignment of the deed of trust, and conditions, covenants, and restrictions which can have a huge impact on the equity you seek? Take a look at these comments.
Mon, 21 Apr 2014 08:40:03 -0500If a homeowner is facing foreclosure it will turn their dreams of homeownership into a nightmare. The process of foreclosure doesn't just hurt the owner and the bank, it also will take a toll on the entire neighborhood. You may ask yourself how does another owner's problem affect your property?
Tue, 15 Apr 2014 06:08:22 -0500Over the last few years all I have heard on the news is how good things are and that recovery is in full swing. At the beginning of 2014 Janet Yellen got appointed as the new Fed chair and immediately started pumping up her plans of tapering quantitative easing. Since the last QE began, the Fed has admitted to printing $85 billion a month to add liquidity to the market.
Tue, 08 Apr 2014 06:28:49 -0500Back in 2008 the national debt was at $10.02 trillion, now that number is closing in on $18 trillion. It's crazy to think that it's almost doubled in five years.
Sat, 05 Apr 2014 11:58:56 -0500To a mortgage company, having a BPO, or Broker Price Opinion, is a must when processing their foreclosures. Real Estate agents and Brokers play a important role in the accuracy of these BPOs.
Mon, 31 Mar 2014 10:26:20 -0500Do you want to know the easiest way to buy foreclosures? I am a long-time Realtor, and I am going to share the best ways to purchase foreclosures. I can tell you there are many misconceptions about buying foreclosures. Such as, you have to buy them at the court house steps or take big risks when buying foreclosures. There are many rewards in buying foreclosures but also many risks especially if you are not prepared. This article will give you some tips on the best approach to buying foreclosures.
Thu, 27 Mar 2014 10:23:16 -0500So many home buyers still do not know what a REO is. Your agent should know. You will come across REO properties if you are actively looking for a home, so here is at least the basics on what you need to know.
Mon, 24 Mar 2014 13:41:25 -0500Some of the options available to property owners in mortgage default are presented with a synopsis of the loss mitigation process. The applicability of the options depends on the stage of the delinquency, property profile, borrower profile, etc.
Thu, 20 Mar 2014 06:20:46 -0500Keeping perspective for the future and weighing one's options is vital if one plans to buy a home again. There are also a number of programs to assist homeowners who are at risk of foreclosure and struggling with monthly mortgage payments.
Tue, 04 Mar 2014 06:02:04 -0600In 2007, realtors were shocked when the prices of homes started plummeting. I guess they never really looked at the true reasons for why the bubble was created. They sold houses for exorbitant prices to people that could not afford them based on a stated income that these folks really didn't make.
Thu, 27 Feb 2014 12:45:22 -0600There are some major trends right now in the marketplace. It's important to know exactly what the latest Maryland bankruptcy trends and statistics are to help prepare yourself and know what to expect.
Wed, 26 Feb 2014 06:15:52 -0600Over the recent years, most Americans have heard quite a bit about the foreclosure problem and how many Americans have had to file bankruptcy to stop creditors from their aggressive behavior. Because there is so much information out there, many Americans have become armchair lawyers and offer up their opinions to their friends and family members. Everyone has an opinion and has their story, but what an individual needs to do is decipher the truth from exaggeration.
Tue, 25 Feb 2014 11:34:30 -0600When shopping foreclosed homes you never know what kind of unexpected obstacle you might meet. They may come from the bank, past homeowners, or even the market itself can prove as worthy adversary. In this article I explain four common issues that you might face while trying to buy a home that has been foreclosed.
Fri, 21 Feb 2014 15:59:34 -0600Pursuing and purchasing foreclosed homes is full of potential pitfalls for the uneducated buyer. Between buyer competition and emotional former tenants you never know what you may encounter when looking in to buying a home. In this article I have provided a few pros and cons for those that are still on the fence about getting in to this market.
Thu, 20 Feb 2014 14:39:27 -0600Getting involved in foreclosure home buying can be intimidating for first time buyers. It was for me because I had a huge learning curve to overcome. In this article I will explain five tips that I learned along the way that helped me and will hopefully shorten your learning curve.
Wed, 19 Feb 2014 07:12:24 -0600A person just can't be too careful these days. Those of us who research title and debt documents before buying at the trustees' sales have to be unusually careful when searching title and debt properties at the county recorder's offices. Sometimes we become too complacent when dealing with similar sounding documents like "Assignment of the Deed of Trust" and the "Deed of Trust with Assignment of Rents". Each of these documents commonly found in residential property research must be examined with special care so that a serious equity loss does not arise unnoticed. Have you found similar documents which require special care when researching?
Mon, 17 Feb 2014 09:19:01 -0600Whether it is for renting or simply you want your own home, buying a Foreclosed house can be a great way for you to own a house. Foreclosure is a legal procedure that allows people to buy homes at a price that is less than the actual market value. It is important to note that buying foreclosed homes is not for the faint hearted as it can be a long and tiresome procedure and there are certain risks involved in the procedure.