Got Foreclosure! - Blog

This week’s “Noteworthy Foreclosure Blurbs” come from different areas in the country.
1. With abundant foreclosure opportunities everywhere it can be difficult to see the trees for the forrest. So here is a collection of areas that are becoming interesting for foreclosure buy-and-hold investment strategies.
2. This Minnesota foreclosure investor sheds some light on the 6-Million-Dollar question: [...]

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Foreclosure auctions are a potentially hot ticket in today’s buyers market.
Contrary to trustee sales, in an auction that is put on by an auction company on behalf of the owner (i.e. the bank), the bid amount does not have to be paid in full and in cash or equivalent at the close of the foreclosure [...]

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Foreclosures, banking and housing woes are front-page news almost every day these days. The subject has caught up with the War In Iraq as the most important battle in public attention.
Today’s WSJ discusses the prospect in it’s lead article that lenders could be compelled by the Feds to reduce principal balance on troubled loans where [...]

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