10 myths about buying a foreclosed home

Posted in News on June 11th, 2010 by admin | No Comments »

A recent survey of American adults by Trulia.com and RealtyTrac found that almost everyone believes foreclosed properties offer deep discounts, as well as giant repair bills — and many assume they are very risky deals, as well. Trulia’s consumer advocate, Tara-Nicholle Nelson, tells WalletPop that’s not necessarily the case. But, she... ...read the full story

Buyer Beware: Understand ‘as is’ when buying a foreclosed home

Posted in News on June 9th, 2010 by admin | No Comments »

Image by Getty Images via @daylife When it comes to the housing market for foreclosures, buyer beware. “One mistake that we see all the time is buyers going in and assuming all the mechanicals are working,” said Brandon T. Johnson, president of GTJ Consulting in Roseville, Mich., which maintains foreclosed homes. “You have to... ...read the full story

Buying foreclosed homes? Choose carefully.

Posted in News on June 7th, 2010 by admin | No Comments »

Image by Getty Images via @daylife Whether it’s investors looking to buy cheap and sell for profit, or families who want to bring their renting days to an end, foreclosed homes have a sure market. In the last couple of years, foreclosed properties being sold by banks have been gaining popularity on the idea that they fit more easily into... ...read the full story

Foreclosed Property Overview c/o lawyers.com

Posted in Guides on June 5th, 2010 by admin | No Comments »

Image by respres via Flickr Foreclosure occurs when a lender or other lien holder (person or organization that has the right to seize your property for payment on a debt) takes possession of a property because the property owner has failed to make regular, timely payments, and other efforts to collect the money have failed. Most people know... ...read the full story

What You Should Know Before Inquiring On Philippines Foreclosed Property

Posted in Guides on November 24th, 2009 by admin | No Comments »

Foreclosures occur when the owner’s financial situation changes and he/she can no longer keep up her mortgage payments. Dealing in foreclosures is a specialty in itself. Those who understand the process do very well because, by definition, they are always buying wholesale. You have to spend some time learning the process before you can be good at... ...read the full story

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