Articles
What’s the difference between foreclosure homes and Real Estate Owned (REO) homes?
Simply put, a home goes into foreclosure when the home owner can’t pay the mortgage lender back for the home loan. When this happens, the lender attempts to sell the home in a foreclosure auction. During the auction, the minimum bid must include the amount of the outstanding loan, the accrued interest, attorney fees, and [...]
Read Article ›mHow You Can Take Advantage of Strategic Foreclosures
Image by Getty Images via Daylife Imagine purchasing a home that is being sold by a celebrity. It sounds impossible, doesn’t it? After all, celebrities have expensive mansions and you can barely afford the reo homes that you’ve been looking at. However, getting a fancy home just might be more plausible than you think. That [...]
Read Article ›Everything You Need to Know About Funding and Finding a Foreclosed Home
Purchasing a foreclosed home can be a very smart financial choice right now. There are many great homes on the market that are available at very low prices due to the fact that the economy has forced their owners into foreclosure. If you can locate the funding to purchase one now, you could be making [...]
Read Article ›The New Good Faith Estimate: What You Should Know
We examine the 2010 Good Faith Estimate: What are the changes? How are you effected? What should you know? We answer your questions with our most recent blog post.
Read Article ›Riding the Wave of Change in Real Estate: How Real Estate Agents Manage
How are real estate agents managing the wave of change in real estate? We detail a few of the ways real estate agents are coping with the changes in the economic climate.
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