Foreclosure is not a word that any of us wants to even hear, let alone think about the process happening to us. But, financial hardships may befall the most responsible people and the foreclosure process may look more and more like it may happen in your life or the life of someone you love. Thankfully, there are some things that…
Tag: Foreclosure
Is Refinancing An Option When Facing Foreclosure
A property that is already in foreclosure may at first seem a difficult task. Granted, foreclosure may make it more difficult to obtain a loan and may require you to aggressively shop around. You’ll want a loan to either pay off your foreclosing lender entirely or bring your foreclosing loan current. It is most important to know that time is…
Foreclosure Rescue And Foreclosure Options
Foreclosure rescue, also known as equity skimming or equity stripping, is any of various predatory real estate practices aimed at vulnerable, often low-income, homeowners facing foreclosure in the United States. Most often, these transactions take advantage of uninformed, low-income homeowners. The term “foreclosure rescue” has sometimes referred to subprime lending refinance practices that charge excessive fees thereby “stripping the equity”…
Avoid Foreclosure Save Your Credit
Are you several months behind on your mortgage? Is the phone ringing off of the hook? Do you feel like just giving up? This is the scenario that is sweeping across America! The banks made it way too easy over the last few years to get more money out of our homes. Property values kept rising, the real estate market…
Real Estate Slowdown Opportunities Ahead
With national foreclosure default filings continuing to soar in the five months of 2006, evidence mounts that increasing numbers of U.S. homeowners are struggling to stay current on their monthly mortgage payments. Now builders are facing a downward market pressure from the rising numbers of foreclosures. As evidenced by the drop in home sales reported by builders, speculators are realizing…
Foreclosure Loss Mitigation Business Opportunities Are All Around Us
Tampa, FL – There has been a lot of talk in the media about the real estate investing market and the increasing number of bank foreclosures. The media is showing a negative outlook on the real estate market because they are saying that home sales are slow. The general public believes this because during a downturn it takes longer to…
Getting Started In Real Estate Foreclosure Investing
Deciding to Invest in Real Estate Foreclosure Investing With the increase in Real Estate property appreciation rates across America, a prospective foreclosure buyer may want to fix up a property to improve its value to live in, to rent out or to resell. The strategy a buyer pursues will determine which foreclosure property to buy and the location. For example…