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Government Foreclosures. Foreclosed Homes, Properties & Real Estate Auctions
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The sale of condominiums (condos) in Las Vegas have rose since July of this year as real estate investors and first time home buyers have continued to reach out for the foreclosure deals that are hitting the market. The median price of a condominium in Las Vegas was 4% higher than it currently is which… Read More »
Statistics do not reveal the true figure of how many tenants are displaced due to the foreclosure process. Some landlords are not forthcoming and do not end up telling the tenant that they are going through foreclosure. Instead, most of them keep it a secret from their tenants and do still collect the rent. However,… Read More »
Real estate investors are making some strategic moves into the Las Vegas real estate market as the word gets out about the increase in foreclosures in Summerlin, Las Vegas. Of all the home buyers in Las Vegas, about 38% of those buyers are real estate investors according to the most recent statistics. This is an… Read More »
Is there a specific time to invest in real estate? Well, if you are a first time home buyer, there is really no particular time because if you want somewhere to live, you have to do it when you are ready and when you have the money to do so. However, with that being said,… Read More »
People all over the United States are walking away from their homes because of foreclosure. They have exhausted all their resources and simply cannot make the monthly mortgage payments. The social mismanagement of the housing market by the banks and politicians in high places has made Foreclosure trends in Las Vegas are very similar to… Read More »
There is an enormous database of bank foreclosures in Arizona as some real estate investors are realizing and taking advantage of. If you are in the market to buying property for any reason; whether to live or rent it out, then you will do good in the foreclosure market located in Arizona. You will be… Read More »
Now you know what a foreclosure sale is, how do you go about finding them? Well there are a number of places you can look. In this guide we will go through the pros and cons of each to give you a better idea of what to expect and the savings you can make. 1.… Read More »
The US Government has established a program to assist with modifying loans for properties under foreclosure distress. The Home Affordable Modification Program (HAMP provides incentives to loan servicers and financiers willing to modify loans for real estate with loans at the risk of foreclosure. HAMP was set up to have 500,000 high risk loans under… Read More »
Government foreclosures are becoming increasingly high and so has Bank REO foreclosures as well. If you are one of those individuals that are currently experiencing the doom of foreclosure, there is help. The loss mitigation department of your bank will usually help you to do a short sale. What is a short sale? It is… Read More »
It seems there is a never ending supply of foreclosed homes to auction. While it can be difficult to figure out exactly the number of properties sold at foreclosure auctions, it is difficult to dispute that the number of foreclosed properties for auction is not rising. Auction events are auctioning off up to 100 properties… Read More »
What is a tax Lien? All US County’s levy a property tax on real estate; this is then used to pay for local county services such as street lighting and trash collection. But what happens if the property owner fails to pay the tax? Well a lien is placed against the property by the County… Read More »
REO foreclosures are intimidating to many home owners as they are on the increase. There are so many companies that have come out of the “wood works,” attempting to offer loan modification methods to help in the foreclosure process. Some of these loan modification companies charge exorbitant fees and some are shady and cannot help… Read More »
Most days across the US, investors attend foreclosure auctions to seek and pick up bargains. However, the clearance rates of these auctions are very low showing a continuing underlying situation of over supply and under demand. Nevertheless, those buoyed by recent optimizm resulting of a small increase in home prices and buying at these auctions… Read More »
These days just about anything can be, and is, sold at online auctions. Due to the size of the transaction, buying and selling real estate at online auctions has been almost non existent. This is all changing with some US counties moving toward using online auction systems to sell foreclosed properties. Florida is one such… Read More »
Since the top of the housing market in November 2005, US house prices have been on the decline – and a rapid decline in many areas of the nation. According to the Financial Post, it is too early to call a definitive bottom in home prices in the near term. Mortgage delinquencies continue to increase… Read More »
Since the decline of the housing market and the ongoing economic crisis that people are facing across the nation in the United States, it has become apparent that there are more foreclosed properties than usual. In Orlando, Florida, there is an inventory of loads of foreclosed properties being auctioned off. Some of these foreclosed properties… Read More »
By now it is pretty well known that foreclosure auctions are fast becoming the best place to look for bargains when it comes to getting hold of “distressed” properties at prices that cannot be beaten! This is a “secret” that’s not really that much of a secret anymore. There are more and more people that… Read More »
In today’s freefalling economic situation there are going to be a good many people that think that there is nothing that they can do if they have gotten a Foreclosure Notice from your lender. The truth of the matter is that you actually do have a few options open to you if you are about… Read More »
The real estate market is currently at a standstill due to the economic crisis that the nation experienced in the mid 2008 until this time. Many people all across the nation are losing their homes to foreclosure due to the rapid decline in the real estate market. Real estate investors are taking advantage of this… Read More »
Families across the nation are victims of the foreclosure process due to the declining real estate market and the economic crisis. There have been so many job losses that result in nonpayment of so many bills. Paying a mortgage has become very difficult for many American families. The foreclosure process is an ugly experience and… Read More »
