New Mexico Foreclosures
May 3, 2010
HUD is a cabinet of the United States, it stands for Housing and Urban Development. The HUD is responsible for ensuring smooth policy for housing and city development. Its role is to assist people of low and mid-level income to get loans to spent on housing. In itself, HUD is not a lending institution, however,… Read More »
Ohio Foreclosures
April 30, 2010
Akron, OH’s large inventory of foreclosure homes has buyers/investors flocking to the area. There are many places to find foreclosed Akron homes such as property auctions, government foreclosures, foreclosure real estate listings on the MLS, Internet websites and newspapers as well as driving around neighborhoods looking for signs. According to Trulia.com, the median sales price… Read More »
Foreclosure Help
April 27, 2010
The very first thing that would probably come to your mind when you hear the terms foreclosure, foreclosed homes or foreclosed houses is a picture of shabby, small houses that need all the repair and renovation they can get. This is actually far from the real thing. The truth is that most of these houses… Read More »
Massachusetts Foreclosures
April 23, 2010
Pre-foreclosed homes are those that have been scheduled for a foreclosure sale but have not been auctioned or sold yet. A pre-foreclosed period can range from a month to a year. It mainly depends on the customs and laws of the state or country. Many owners sell their homes before the foreclosure takes place. These… Read More »
Foreclosure Help
April 19, 2010
Millions of homeowners have lost their homes to foreclosure. According to Realty Trac, 2.8 million households faced foreclosure in 2009, and the numbers are expected to rise to approximately 3 to 3.5 million homes for 2010. High unemployment rates are contributing to many homeowners defaulting on their mortgages. More than 315,000 households received a foreclosure… Read More »
Maryland Foreclosures
April 16, 2010
You can save tens of thousand of dollars if you buy a property in Baltimore, Maryland at a foreclosure auction. The steps are simple when it comes to buying a home through a foreclosure auction. But first, it is important that you understand the process. Sign Up Banks, government agencies, and public organizations use foreclosure… Read More »
New Jersey Foreclosures
April 13, 2010
If you want to find foreclosure bargains in Newark, NJ, it has never been easier. There are many REO’s and pre-foreclosure homes on the market in the area. Or if you are looking to purchase a foreclosure property at a public foreclosure auction, there are opportunities to do so as well. Here is what is… Read More »
Ohio Foreclosures
April 6, 2010
If you are thinking about buying bank foreclosures in Columbus, OH, here is what is going on in the area. According to Trulia.com, there were 2,924 bank foreclosures in Columbus, OH for the week ending February 17, 2010. The median sales price for the period November 9, 2009 through January 10, 2010 was $80,000, a… Read More »
Colorado Foreclosures
April 2, 2010
When a homeowner defaults on a FHA mortgage, the lender files a foreclosure claim for the loan balance, which is paid to the lender by FHA. FHA then transfers ownership of the home to HUD. If you are interested in buying foreclosed HUD properties in Colorado Springs, you can buy a HUD foreclosure with as… Read More »
Wisconsin Foreclosures
March 30, 2010
Buying foreclosed Real Estate in Milwaukee, Wisconsin is not as difficult as you think if you know and understand the process. Along with taking an educated approach to investing in the Real Estate market, diligence and patience are the keys to successful foreclosed Real Estate purchase. Here are some good tips that can help… Read More »
California Foreclosures
March 26, 2010
There are many condo deals in Long Beach, CA foreclosure market that buyers/investors can still take advantage of, with more foreclosures coming on the market. In fact, according to Trulia.com, there were 2,464 foreclosures for the week ending February 17, 2010 in the Long Beach area, of which 479 downtown properties were in the pre-foreclosure,… Read More »
Hawaii Foreclosures
March 23, 2010
If you are looking for a house in Honolulu, you can purchase one among the foreclosed homes. You can find a good deal when buying homes that are foreclosed. Even getting into the business of buying and selling foreclosed homes in Honolulu can be profitable. There are seven simple steps that you need to follow… Read More »
North Carolina Foreclosures
March 18, 2010
Charlotte, NC’s abundance of affordable inventory makes it attractive to buyers/investors to purchase foreclosures in Charlotte, NC and surrounding neighborhoods. According to economists at the National Association of Realtors, the Raleigh-Carey, Charlotte-Gastonia-Concord, and Greensboro-Highpoint markets of North Carolina have seen the median home prices decline through the third quarter of 2009. High unemployment in the… Read More »
Oregon Foreclosures
March 15, 2010
Situated in the northwest region, Seattle is a major sea port and the biggest coastal city in the United States. Seattle is a continually flourishing metropolis propelled by diverse and resilient economy, along with the city's strong entrepreneurial spirit. Finding your dream home in Seattle is not that difficult. Seattle actually tops the list of… Read More »
Loan Modification
March 11, 2010
If your lender has instituted foreclosure proceedings or you are in default on your mortgage, you may want to look into getting a loan modification. A loan modification can lower your monthly mortgage payment to one that you can afford so you don’t lose your home to foreclosure. What is a Loan Modification? A loan… Read More »
Kentucky Foreclosures
March 7, 2010
In Lexington, Kentucky, most of the foreclosure homes are foreclosed through the judicial process. Including the pre-foreclosure period, it takes about 6 months to foreclose a property. However, one of the exemptions is when the property has been abandoned. If this is the case, the court automatically rules in favor of the lender, allowing them… Read More »
Tennessee Foreclosures
March 4, 2010
REO is the term that the banks use to identify their foreclosure properties. It means Real Estate Owned. Recently in Nashville, Tennessee, because of their current and projected market value, Real Estate Owned properties have come to be wise investments. Currently, even amidst the economic crisis, many people are still taking advantage of the market… Read More »
Louisiana Foreclosures
March 1, 2010
Investors/buyers looking to buy foreclosure homes in New Orleans, LA have a large inventory to choose from right now. As of the week ending February 10, 2010, Trulia.com reported that there were currently 1,883 resale and new homes in New Orleans on Trulia, as well as 790 homes in foreclosure either pre-foreclosure, auction, or bank-owned… Read More »
Kansas Foreclosures
February 25, 2010
Pre-Foreclosed homes in Wichita, KS are available in every price range and neighborhood. For investors and buyers who are looking for pre-foreclosure homes, you will find many affordable homes right now. In fact, according to Zillow.com, Wichita home list prices have gone up 1.4% for the period January 31, 2010 compared to the same time… Read More »
Foreclosed Homes
February 22, 2010
According to RealtyTrac’s recent report, U.S. foreclosures declined 10 percent in January 2010 compared to December 2009. However, foreclosures are still up 15% compared to the same time last year. RealtyTrac reported the following states as having the highest numbers of foreclosures: 1. Nevada 2. Arizona 3. California 4. Florida 5. Utah 6. Idaho 7.… Read More »