Got Foreclosure! - Blog

Shocking reports of a rapidly declining real estate market are hitting the wires every day now. And not only the main stream media have turned their flag with the wind.
“The information that this house is worth somewhere around $280,000 is still unknown to Zillow’s computers. It is still unknown to DataQuick. It is a shoe [...]

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Many real estate agents and investors are diving into the foreclosure “short sale” arena these days, and are asking themselves not only how to get deals accepted but also how to get paid…
Here is the problem: A lender taking a hit on a loan that has gone bad doesn’t want to take a loss and [...]

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The reality of the foreclosure tsunami is slowly hitting home even with lenders and sellers. The constant pounding of the media is doing its thing. Eroding confidence in home prices is the first step to letting the market drop to where buyers might be willing to step up to the plate (if they can still [...]

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I can’t believe we’ve already hit the second quarter of this year… Are you setting yourself up for remembering 2008 for all the right reasons? Here is a run down of noteworthy foreclosure blurbs for the week:1. It seems that lenders have little left to hide among federal relief plans and in-house foreclosure ”work-out” schemes. This [...]

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