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Category — Foreclosures

Buying Pre Foreclosures



Pre foreclosures are known as properties that have reached the final stages before they get repossessed or taken back by the lender or bank.  The owner is still in complete control of the property or home, although the bank or lender will repossess the home if the owner doesn’t attempt to rectify the situation.  Normally, if the owner makes things right with payment, the pre foreclosure will settle [Read more →]

December 6, 2013   No Comments

How to Avoid and Stop Foreclosure



Mortgage delinquencies and foreclosures are at an all time high. If you fall behind on your mortgage the bank may repossess your home and sell it for less than what it they have on the books. You will still be responsible for the difference from what your loan is and what the bank sells the home for. There is nothing worse than continue payments of large sums of money for a home that is no longer yours. [Read more →]

November 28, 2013   No Comments

Steps You Can Take To Avoid House Foreclosure – Foreclosure Help



In light of the poor conditions of the current economy, more and more people are facing house foreclosure. Purchasing a home is extremely rewarding, historically, and it is one of the biggest assets that a person strives to attain in their lifetime. Unfortunately, these same individuals are losing their property due to the inability to pay their mortgage.

Real estate foreclosures have rocketed all [Read more →]

November 26, 2013   1 Comment

Should You Go Through a Real Estate Agent to Buy REO Property?



Purchasing foreclosed – also known as REO or bank owned – property seems like an opportunity that is too good to pass up for many prospective home buyers and investors. However, while it is a home purchase, it is a very different transaction on many levels. Therefore, utilizing the services of a real estate agent is highly recommended (especially for novices). A realtor with experience in negotiating [Read more →]

November 21, 2013   No Comments

How to Stop Foreclosure?



None of the mortgage really wishes to encounter a foreclosure. Not only does it mean that he will lose his property, it also lowers his credit ratings. Foreclosure is a process once the bank or financial institution declares the borrower faulty and offers the property or home to recover the loan amount. To avert this circumstance, many borrowers many need home foreclosure help to avoid the foreclosure [Read more →]

November 19, 2013   No Comments