Articles
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 ›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 ›What is Time Limit Bidding?
Do you know what time limit bidding is? In this post we go over what it is, how you can find the best homes on time limit bidding sites, and what you should know about the process.
Read Article ›Are Foreclosed Homes Affected by the New Lead Paint Regulations?
Find out how the new federal regulations governing remodeling in homes with lead paint affect individuals buying foreclosure homes in our new blog post.
Read Article ›Getting Your Home Foreclosed On Doesn’t Have to Be a Disaster—It Can Help You Turn Your Life Around!
For most people, having their home foreclosed upon is a nightmare to be avoided at all costs; for other Americans, it’s the answer to their prayers. We discuss how sometimes foreclosure can help you turn your life around.
Read Article ›Know Before You Buy – Home Inspections Can Protect REO Home Buyers
Do you know all you need to know about home inspections? We discuss the steps you should take to know all you need to know before you purchase a home.
Read Article ›Will the Shadow Inventory of Unsold Homes Crush the Foreclosure Market?
If you understand what the so-called shadow inventory is, it can help you to understand how it is impacting the market for foreclosed homes. We give you the details and information you should know about the shadow inventory.
Read Article ›“First Look” to Benefit Local Communities
The Federal Housing Authority (FHA) is hoping to help revitalize communities hard-hit by foreclosure through its “First Look” initiative, according to Realty Times. In concurrence with the Department of Housing and Urban and Development’s (HUD) Neighborhood Stabilization Program (NSP) (which gives a discount to non-profit organizations and government entities when purchasing REO properties) the FHA [...]
Read Article ›Inspecting a Foreclosed Home Before Buying
So perhaps you’ve already decided on purchasing an bank-owned Property or REO property and now all you have to do is actually look for that home to fix up. Sellers and agents will most likely allow you to go to the property of course, and be glad to show you around. It is, of course, [...]
Read Article ›The Home Buyer Tax Credit: Success or Not?
Recently, the Home Buyer Tax Credit program was extended to September 2010. As part of the American Recovery and Reinvestment Act of 2009, this program gave first time home buyers a 10% tax credit for qualified transactions. The credit was later extended to repeat home buyers. So, the question is, has this tax credit been [...]
Read Article ›