California Foreclosures
June 28, 2011
If you talk to your lender as soon as you realize you are in financial trouble, you may be able to avoid foreclosure on your Downey home. There are several options that homeowners can take advantage of depending on their financial situation. The biggest mistake that many homeowners make is ignoring notices and letters from… Read More »
Missouri Foreclosures
June 25, 2011
If you find a government foreclosed home in Independence, MO, you should grab it because government foreclosures are sold up to 50% below market value. HUD and the VA offer their foreclosure properties for sale. HUD foreclosures can be found at the HUD website or by checking with a local Realtor. The VA website can… Read More »
Illinois Foreclosures
June 21, 2011
Finding quality foreclosed homes in Aurora, IL is easy these days. Foreclosure sales, REO’s and short sales are dominating the real estate market offering investors/buyers many opportunities to purchase these homes at bargain prices. There are 1,763 pre-foreclosure properties, 438 auction properties, and 1,274 bank owned REO’s in Aurora according to RealtyTrac’s data. So you… Read More »
Kansas Foreclosures
June 16, 2011
According to RealtyTrac’s data, currently there are 245 sheriff foreclosure sales in Kansas City. Foreclosure sale auctions give you an opportunity to purchase a foreclosed property at 30% to 50% of the market value of a Kansas City property. With prices so affordable right now, bargains at sheriff foreclosure sales should be pursued quickly because… Read More »
Foreclosure Help
June 11, 2011
Investors should consider taking advantage of the housing choice voucher program offered by HUD. The purpose of the program is to assist low income families and elderly or disabled people with clean safe housing by subsidizing their rent. Tenants are given vouchers by the local housing agencies to find their own housing. It can be… Read More »
North Carolina Foreclosures
June 8, 2011
If you are wondering what is going on in the Fayetteville, North Carolina foreclosure market, there are approximately 329 homes in some state of foreclosure. The average price per square foot for a home in Fayetteville NC is $85, which represents an increase of 10.4% compared to last year during the period January 11, through… Read More »
Landlords & Tenants
June 5, 2011
Section 8 tenants have their rent subsidized by HUD, which is the federal agency that administers subsidized housing funds to local public housing agencies (PHA’s). The PHA issues a Housing Choice Voucher to the tenant. The tenant has to find their own housing that meets the PHA and HUD minimum health and safety standards. Renting… Read More »
Loan Modification
June 1, 2011
If you are looking for a Texas loan modification for your Texas property, you will need to speak to your lender about the various programs that they are offering. Typical loan modifications are where the lender modifies your existing mortgage to lower your payment by lowering your interest rate at least 2% and extending your… Read More »