foreclosure learning center articles
How to Buy a Foreclosure
According to the Mortgage Bankers Association the rate of foreclosure starts and the percent of loans in the process of foreclosure are at the highest levels ever. Opportunities abound in the foreclosed home market. Knowing the foreclosure process and understanding the foreclosure market can only increase your success. There are three phases of the foreclosure process where you can buy a home or investment property.
continued...› | 8/21/2008
What is the Foreclosure Process?
More often than not, whenever you turn on your TV or open a newspaper these days you are inundated with stories about foreclosures. You think that you know what foreclosures are, but do you? The term foreclosure is a term used to describe the process in which legal action is taken by a lender or mortgage holder when the terms of the mortgage or trust deed are not met and the borrower is in default.
continued...› | 8/21/2008
How to Find a Foreclosure
According to the first-quarter 2008 National Delinquency survey released by the MBA more than 5% of all loans were at least 60 days delinquent or in foreclosure compared to just over 3% the year before. When buyers have the upper hand in negotiations, the market
continued...› | 7/30/2008
Tips for Buying Foreclosures at Auction
The Auction sale represents the ending of the pre-foreclosure phase. If a borrower fails to cure their loan during the pre-foreclosure phase the property will be sold at public auction. The auction sale takes place at the county courthouse in a public sale to the highest bidder.
continued...› | 7/30/2008
What to Look for When Buying a Foreclosure
If you are interested in buying and/or investing the foreclosure market offers abundant opportunities. Foreclosure filings for May 2008 were up 48% compared to the same time last year. The record number of foreclosures has made it easier than ever for even the beginning homebuyer or investor.
continued...› | 7/30/2008
Finding a Foreclosure
If you are interested in buying a foreclosure you need to know where to look. After all, if you can’t find a foreclosure you have no chance of buying one. The good thing is that there are plenty of resources you can use to find foreclosures.
continued...› | 7/29/2008
Getting Started in Foreclosure Investment
Real estate investing continues to make Americans wealthy, even during the current housing market downturn. In fact, some investors have waited years for the real estate price bubble to finally burst, just so that they could step in and acquire discounted properties at wholesale or below wholesale.
continued...› | 7/29/2008
Foreclosure Investing Checklist
Real estate investing in foreclosure homes can be a profitable endeavor. However, it does typically carry with it a pretty hefty learning curb for those who have never purchased properties for investment purposes. This by no means should deter you from foreclosure investing if you are genuinely interested.
continued...› | 7/29/2008
Buying Pre Foreclosures
The foreclosure process is often a stressful process for the homeowner. In many situations, they believe that they do not have any alternatives available and are frustrated that their home will soon become one of many bank foreclosure listings out there.
continued...› | 7/29/2008
Multiple Ways to Buy a Foreclosure
Foreclosures can be bought in a variety of ways. Some investors focus on buying properties when they are in the pre-foreclosure stage directly from the homeowners. Others prefer to buy foreclosures from banks that have retaken ownership of the property.
continued...› | 7/29/2008