Got Foreclosure! - Blog

Few creative ways of boosting affordability are as effective as a lower purchase price.
You may have thought so, but take a look at these charts to get a real feel for how large an impact the purchase price actually has on affordability, when compared to the effect of a wide range of interest rates.
However, in [...]

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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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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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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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