Got Foreclosure! - Blog

Here is a sign of a shift in the REO market dynamics.
I just got off the phone with one of my REO listing agents that are supplying me with deals, and she told me that her own listings have been bought up left and right over the past 2 months. In fact, she said, her [...]

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Finding good property deals in a market that is flooded with foreclosures can be tricky. What is the best way to find and buy in this market?
Working foreclosure lists yourself, or following the constant stream of new MLS listings are good methods, but it takes a lot of time and/or a sophisticated system to keep [...]

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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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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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