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You hear it on the nightly news and read it in your local newspapers, foreclosure home lists are growing daily and so are the potential opportunities. The escalation of foreclosure filings means that those in the market to buy or invest in a home can find great deals.

continued...› | 8/21/2008

California has experienced some of the highest foreclosure numbers in the country. The state earned the dubious distinction of being #2 in foreclosure activity; for every 200 households in California, there was 1 entering into some stage of the foreclosure process. In terms of trending predictors, California is not faring well because in the first three months of 2008 foreclosures soared more than 300%.

continued...› | 8/21/2008

Only a few years ago, Florida could boast of being at the top of most real estate hotspot lists and surveys. However, today the state holds a much less prestigious distinction - ranking #2 for the highest foreclosure counts in the country. For well over a year, the number of foreclosed Florida homes has been growing consistently placing the state in one of the top five spots for foreclosure filings nationwide.

continued...› | 8/21/2008

Because most real estate buyers do not have enough cash available to buy a home outright, a mortgage is required to finance the purchase. And because a purchase will likely be contingent upon obtaining a mortgage, the seller has the right to be informed of the buyer's financing plans

continued...› | 8/21/2008

Georgia, like a majority of other states, has watched the number of foreclosure filings rise significantly over the past year. With a large percentage of adjustable rate mortgages (ARMs) expected to reset in the next two years, many local experts believe the number of GA foreclosed homes will only continue to grow.

continued...› | 8/21/2008

Dallas, San Antonio, Austin, and Dallas-Fort Worth may be in the top ten of the Forbes list of "America's Recession Proof Cities" (announced in spring 2008), but it has not exempted them from experiencing a sizeable increase in foreclosure activity. In fact, foreclosure filing activity in Texas during the first quarter of 2008 increased between 20% - 28% from the first quarter of 2007 (based on two industry sources).

continued...› | 8/21/2008

The list of Ohio foreclosed homes is growing as a weakened economy and relaxed mortgage practices takes its toll on the Buckeye State. At the end of 2007, the Mortgage Bankers Association (MBA) reported that the state had one of the country's highest percentage foreclosure rates of outstanding home loans in foreclosure at 3.9 percent. Regionally, foreclosures in Columbus Ohio rose in the first quarter of 2008 by 50 percent over the previous year, according to one source. Foreclosures in Cleveland Ohio were also up 50 percent for the same period.

continued...› | 8/21/2008

Foreclosedhomes.com has created a detailed glossary of real estate terms with clear definitions. To get started select the appropriate letter for a listing of all glossary terms that begin with that letter. Then, locate the word you are looking for.

continued...› | 8/22/2008

Selling rarely happens until you first do effective marketing, and one of most popular and proven techniques Realtors use for advertising their listings is the Open House. New home construction, existing home sales, and FSBO offerings all respond to the Open House technique, making it a versatile and wonderful sales tool.

continued...› | 10/1/2008

The pros and cons of "For Sale by Owner"

As you contemplate listing your home as a “For Sale by Owner” property, you probably have a growing curiosity about the role you will play as you wear two hats – one as a homeowner, and the other as a newcomer to the world of residential real estate sales and marketing.

continued...› | 10/1/2008