The number of completed foreclosures is down both nationwide and within the state of Texas. Real estate tracking service CoreLogic reports that the nationwide numbers for March 2012 were down 19% compared to the same month a year earlier. As foreclosure inventory is decreasing as well, analysts believe that more defaulted mortgage cases are solved [...]
Bank owned foreclosures and short sales hinder the housing recovery, according to analysts at CBS Market Watch. Inventories are at their peak levels, and the rumors about “shadow inventory” are holding up strong. However, most analysts are basing their findings on national data, which can be far more convoluted and confusing than local data sets. [...]
Finding a real estate agent who will help you as an investor or home buyer to find the best foreclosure deals can be tricky. “If you make persistent calls to different listing agents you will eventually find some who can be helpful”, says Thomas Bartke of CaWholesaleDeals.com. Different strategies can be used by investors to [...]
When buying bank owned properties, you will have to deal with real estate agents in most cases. This is a good thing, because as a real estate investor this “forces” you to leverage your time, knowledge and influence which most beginning investors are scared to do. Between all the different real estate agents out there, [...]
Mark Walters has an amazing arsenal of foreclosure and bank owned information, and he can tap into some experience. Not months or years, but 3 GENERATIONS of real estate investing experience. Do you think he knows a thing or two about different real estate markets? – You bet! Read his informative article about buying REO’s [...]