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Toledo, Ohio offers investors the opportunity to purchase cheap foreclosed homes right now. In fact, there are over 2,507 foreclosures according to Trulia. Auction homes are available and can be bought at substantial discounted prices if you are lucky enough to be selected as the winning bidder. As of March 9, 2012, there were 6,866… Read More »
Buying a Grand Rapids, MI foreclosure homes allows you to purchase a property right now instead of having to wait to save a larger down payment or more money to buy a resale or brand new home. There are many homes to choose from as well as apartment buildings, multi-family homes, land, townhouses, condos and… Read More »
Distressed homes in Bakersfield are selling for way below market value. There are bargains in just about all price ranges and neighborhoods. The average foreclosure sales price in January for a Bakersfield home was $125,865 according to RealtyTrac data. There are many REO’s and pre-foreclosure homes for sale as well in Bakersfield and the surrounding… Read More »
Miami, FL offers investors a large opportunity to find foreclosure properties at auctions and bank owned REO’s as well. According to Realtytrac, there are approximately 9,043 properties in default right now with 2,156 homes being offered at foreclosure auction sales. If you are looking for bank owned REO’s, there are 5,213 homes available. With numbers… Read More »
Cheap Corpus Christi foreclosure homes are a great investment. There are many different ways to find bargain homes. One of the best ways is to attend a foreclosure auction. In fact, there are 246 properties being offered at foreclosure auction sales in the area according to RealtyTrac. There are also bank owned REO homes that… Read More »
Alaska foreclosure actions are conducted by judicial or non-judicial process. If the deed of trust contains a power of sale clause, the lender may foreclosure by private trustee sale. Most foreclosures in Alaska are conducted by judicial foreclosure which means the sale needs court approval before the title can be transferred to the new owner.… Read More »
According to RealtyTrac, there are 3,332 notices of default that have been filed in Milwaukee, WI. There are also 3,203 bank owned REO’s available for purchase. With such a large inventory of foreclosure homes available, investors have been flocking to Milwaukee, WI to take advantage of these bargain prices and purchase a foreclosure property. One… Read More »
There are approximately 789 pre-foreclosure notices that have been filed, 1,114 foreclosed homes and 117 bank owned REO’s available in the Charleston, SC area according to RealtyTrac, Investors have a variety of opportunities to purchase Charleston real estate at deep discounts at either foreclosure auctions, from banks that own foreclosed homes (REO’s) or from sellers… Read More »
There are various state and federal grant funds available to U.S. first time home buyers through the United State Department of Housing and Urban Development (HUD) and various state agencies. Federal grants are normally given to states or organizations, which in turn give them to eligible home buyers to use towards repairs, energy savings improvements… Read More »
For November 2011, there were 474 foreclosures with 1 in every 954 houses receiving some sort of foreclosure notice in Rhode Island according to RealtyTrac. The average foreclosure sale price was approximately $117,000. With prices like that, it is no wonder so many investors/buyers are purchasing Rhode Island repossessed homes and pre-foreclosure short sales. Obtaining… Read More »
Accordingly to RealtyTrac, there are 40 trustee sales, 70 banks owned REO properties and one government foreclosure in the Gulfport, MS area. With so many foreclosure opportunities waiting, investors and buyers are scooping up foreclosed homes left and right in the area. It’s now possible to get homes at such bargain prices that first time… Read More »
According to Florida based Lending Processing Services, the time it takes an average delinquent loan to be processed through the foreclosure process is now 631 days. Bank repossessions rose in October 2011 in many judicial foreclosure states. Judicial foreclosures are foreclosures that need court approval. For instances, foreclosures rose 48% in New Jersey and 73%… Read More »
Before you decide to purchase a home, you need to check your credit report and score. Lenders decide to extend you credit based upon your credit worthiness. High risk borrowers may still be able to obtain a mortgage, but at higher interest rates. Borrowers with high credit scores and good credit get the best mortgages… Read More »
A number of investors are investing in Main tax deeds foreclosure properties at tax deed sales. When property owners default on paying their property taxes, the county forecloses on them and in return auctions the properties to investors for substantial discounts. When you purchase a Maine tax deed foreclosure property, all you are paying for… Read More »
When you are looking for foreclosure bargains in the D.C. area, you may want to start checking online at various websites by searching under foreclosures, bank owned or foreclosure auctions. A number of websites will come up. Then you can also search by neighborhood or price range. Looking at local Realtor websites is another place… Read More »
Before bidding online at West Virginia auctions, it is a good idea to educate yourself about the West Virginia market prices so you know whether or not the home is a good deal. Just because the home is a foreclosure, does not mean it is always the best deal if it needs a lot of… Read More »
There are several different ways to purchase Athens, GA foreclosed homes. Foreclosure auctions, REO properties that are owned by banks and listed with local Athens Realtors and pre-foreclosure short sales negotiated with sellers and their lenders. Foreclosure and pre-foreclosure short sale homes give buyers an opportunity to purchase a home under market value. That is… Read More »
Buyers who are purchasing foreclosures have several mortgage options today depending on how they intending on using the property and how long they intend to keep it. For buyers who are going to live in the property as their primary residence or plan on keeping the property as an investment for awhile, the 30 year… Read More »
Nebraska distressed homeowners can find free housing counseling help by dialing 2-1-1 to access a housing counseling service to assist with their mortgage delinquency or foreclosure situation. The information can also be accessed online as well by going to the state website and searching under foreclosure help or by calling (402) 444-666. Other free non-profit… Read More »
Now that you have found the right property, made an offer and closed on your bargain Florida foreclosure property, the next step is to rehab the property and get it ready to either lease or sell. The best ways to use your rehab dollars are to follow the 1:3 rule that every dollar you spend,… Read More »
