Researches conducted nationwide have proofed that every year over two millions of people in the United States come under real estate foreclosure threats and most of them have no choice but succumb to the situation, thereby losing home. Most of the times, the homeowners owe more to the bank or the concerned mortgage company more than the actual worth or…
Tag: Foreclosure
Foreclosure Listings Know The Details
If you have access to forclosure listings in your area, you can take advantage of a really great way to pick up some inexpensive real estate. Even though foreclosure listings are nothing more than a list of properties that are available, they will go a long way in ensuring that you are successful in this industry. If you want to…
Boston Plans To Fight Off Foreclosure Crisis
Boston Plans To Fight Off Foreclosure Crisis Homeowners are crumbling under the pressure of Boston foreclosure homes. Boston has been facing foreclosure crisis for a couple of years and this is a critical moment for all homeowners in the state. When it looked as if things were going to go out of hand, the Mayor’s office stepped in to do…
Mortgage Broker Marketing Tips
After all, what are the formal mortgage broker training, attendance at mortgage seminars, and time and effort that you’ve put in doing for you now? There has to be something else in today’s market. As someone who has had mortgage loan training and who I’m sure pays attention to the news and realizes how many foreclosures are out there right…
Buying Bank Owned Properties Reo
Where do most investors turn to when they seek preforeclosure opportunities? Sure, they take a look at free foreclosure listings or even sources of foreclosure listings that they pay for. While these sources may lead to productive and profitable deals, they also require extensive marketing and business promotion in order for an investor to tap into these preforeclosure opportunities. To…
How The Foreclosure Process Works
I don’t know about the rest of the world, but there have been times in my life when I have felt as though I was one paycheck away from serious financial peril. Too bad Superman doesn’t come to the rescue for matters such as this. One of my greatest fears has been losing a home because I lost my job…
Hard Money Borrowers Solution For Low Credit Foreclosure And Bankruptcy
A couple from Palmdale, California called my office Monday afternoon asking if we can help them save their home. They are delayed in their mortgage payments for 3 months and their house is in foreclosure. They have kids, they love their house, and they don’t want to move anywhere else. They have low credit, in foreclosure and have high debt…
Bank Foreclosures
Bank foreclosure real estate, also referred to as REOs (Real Estate Owned), is foreclosed real estate that is owned by the bank due to an unsuccessful foreclosure auction. There are several reasons the home may have not sold at the auction. The most common reason is negative equity- the bank foreclosure real estate is worth less than the amount owed…
What To Expect At A Foreclosure Auction
Whether you are an investor that would like to get into buying foreclosed homes for your personal use or to flip the property or if you are having your home foreclosed on, you should know what to expect at a foreclosure auction. Of course, the actual steps that will be taken can vary a bit from state to state and…
Decision With A Mortgage Calculator When To Foreclose
One of the best places, you hope, to sink your capital for a good return is in real estate. However, when you provide the financing for someone to purchase their own home, your capital is tied to their ability to pay back the loan. If they start to miss payments, then you need to start considering your options. A mortgage…