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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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. …

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 …

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 …

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 …