During tough economic conditions such as housing market downturn or period of high unemployment, it may be necessary for home owners to look at various options to avoid foreclosure. Fortunately, there are a number of different programs available offe...
A foreclosure will remain on a consumer's credit report for up to seven years and during that time can severely impact their ability to obtain a loan, get a job or rent an apartment. This is because a credit report is used for more than just getting ...
There are number of different reasons why individuals can no longer make a monthly mortgage payment. Job loss due to layoffs and downsizing or overwhelming personal debt for medical emergencies can put a strain on limited financial resources. Regardl...
Using real estate as an investment or purchasing a home for you and your family to live in has been one of the consistent reliable purchases that any person can make in the last 50 or more years. Fulfilling the dream of home ownership has been a life...
During the current economic crisis many individuals and families lost their sources of income and were unable to pay their monthly mortgages on time. In many situations residential homes fell into default due to the lack of payment which began the fo...
With the collapse of the housing market the amount of available foreclosures is higher than ever before. Foreclosures can be a great investment opportunity because distressed properties often go for significantly less than comparable market rates. Of...
For the right individuals, investing in foreclosures can lead to significant returns assuming you have a low risk aversion and are willing to put in the work and time required to be successful. Like any other investment, foreclosures have their pluse...
Are you thinking about the future yet? If your answer is no, then I honestly suggest that you stop for a moment and ponder your current situation. How old are you? How many dependents do you have? What is your income? How great is your debt? Will you...
While many fortunes have been made and lost in the real estate business, many people overlook the value of real estate investing when it comes to planning for retirement. There are many great ways that you can let real estate build a nice little nest...
Just because real estate prices seem to have hit a temporary ceiling in many countries around the world, that doesn't mean that profits from property investments are hard to come by. Even during a real estate market slowdown, stagnation or depress...
Thinking about refinancing your home? Interest rates are dropping and people across the country are looking for ways to make the most of their money. While refinancing can help put a little extra cash in your pocket and give you a little more wiggle...
The problem lies in the fact that many would be investors aren't exactly certain what specific types of investment they wish to make. Unfortunately, the type of investing will greatly affect the type of property that will best suit your real estate n...
If you are new to real estate investing and considering buying foreclosure properties, you need to be realistic about what you are facing. If you feel more sober about foreclosure investing after reading what I have written below, I will have accompl...
Some investors specialize in pre-foreclosures, real estate that is on the verge of being foreclosed but where the owner still has some time to sell the property or recover from the problems. Network with friends and family to help you find these indi...
Prior to a foreclosure property auction, you need to evaluate the property. The purpose, of course, is to determine if you want to buy it. Most, if not all, real-estate auctions include the term "as is." This means what you see, and don't see, is wha...
At the property auction the first bid offered is often what is owed on the property to the lender. This bid is usually placed by an attorney representing the lender. To buy the property at the auction, you must offer a bid for more than the amount ow...
If one word can be considered a symbol of today's market turbulence, that word is foreclosure. Over the last year, foreclosures have accelerated at a sometimes head-spinning pace as homeowners continue to default on their mortgage loans. This in t...
Buying foreclosed homes can be a profitable investment, especially if done properly. Since the goal of investors is to buy repossessed homes that are far below the current market value, their investments already receives significant equity once they ...