Real Estate Foreclosure Tips


should you buy a foreclosed home?

Should You Buy a Foreclosed Home?

Not long ago, you could spot a bank-foreclosed home a mile away. They were often abandoned, stripped of all appliances and fixtures, with neglected landscaping. Today, banks often renovate their Real Estate Owned (REO) properties before…
distressed real estate for sale

Distressed Real Estate for Sale: What You Need to Know

Even though the economy has improved, buyers are still likely to encounter foreclosures, short sales and Real Estate Owned sales (REOs) in the market. Here's what you need to know about distressed real estate…

Why Do Short Sales Still Take So Long?

The term “short sale” can be misleading. The truth is, many real estate agents call them “long-and-drawn-out sales” because they can seemingly take forever to close. So why do short sales still…

Mortgage meltdown trend: The wealthy are walking away from their homes too

There’s an old saying: The rich are different. But lately, that difference is shrinking, as some affluent homeowners face foreclosure and struggle with mortgage payments just like everyone else. Folks who bought…

How does foreclosure work

Around the country, home values have dropped dramatically in the past few years. Some people who bought with 'zero down' or even 10 percent down when lending was easy, find themselves with…
distressed real estate for sale

Top 5 tips for buying a foreclosure or short sale in real estate

Nowadays, it's likely you'll come across a short sale or a foreclosure in your home search, no matter the price range. You may be lured by the low price or the terms…