If you are planning to make money on foreclosures make sure you know what your doing. Read on for some common pitfalls.
Latest Foreclosures Articles
Hazards to Avoid When Buying a Home in Foreclosure
Posted on December 31, 2008 by Lee BellWhat are the Differences Between Foreclosure Homes and Short Sale Homes
Posted on December 29, 2008 by Lee BellYou don't just have to walk away from your home. Some people are able to get the lenders to go for a short sale, this can be a great solution for all parties.
Stay Safe When Investigating Foreclosures!
Posted on November 30, 2008 by Tina FountainTake a self-defense course that will enable you to break free and/or momentarily incapacitate an attacker. Explain to the instructor your specific circumstances and ask for recommendations for moves/strategies that will be most helpful.
Stop Home Foreclosure - Follow These Simple Steps
Posted on November 30, 2008 byMortgage foreclosure issues are nightmares. Getting a barrage of notices from the legal department of financial institutions isn't fun at all. Worse, you can lose your home anytime. If this is the situation you are in right now, do not panic. All the more you shouldn't ignore the matter right in front of you. Your efforts should be directed to finding ways on how to stop home foreclosure the easiest way.
Mortgage Foreclosure Process - What is It?
Posted on November 30, 2008 byMortgage foreclosure is an official, legal process wherein a person, a group, or a company owes money to a lender and can't pay. In which case, the lender would force the sale of a real estate property involved in order for them to pay off the loan completely.
The Phases of Mortgage Foreclosure
Posted on November 30, 2008 byPreviously, the concept of the whole mortgage foreclosure process is discussed, including the steps that the bank or the lender can undertake to recover the money involved in the property in question. Now, the steps that the lenders can take as far as the mortgage foreclosure process is concerned will be talked about. This may vary from state to state.
Albuquerque Bank Foreclosures - A Real Estate Heaven
Posted on November 29, 2008 by Joseph SmithThe Albuquerque Bank Foreclosure listings database is your guide to finding that perfect home you always dreamt of.
Facing Foreclosure? You May Have Other Options
Posted on November 28, 2008 by Lee CameronIf you are facing foreclosure, you're not alone. Help may be out there if you know where to look for it and what to look for.
The 'Walk Away' Phenomenon
Posted on December 10, 2008 by Andy AsburyOn the Internet, walking away from a mortgage has become a hot topic for real estate bloggers. Many people writing about the phenomenon are quick to condemn 'walk away homeowners' as irresponsible, selfish, and wrong. They feel that despite the fact that walking away from a mortgage won't land a person in jail; they have a moral obligation to satisfy their end of the contract.
Foreclosure Listing Services: What to Look Out For
Posted on November 16, 2008 by Tom NoonanThere are plenty of paid foreclosure listing services on the web today. To an inexperienced real estate investor, it is difficult to tell any of them apart. The nominal monthly fee seems reasonable if you actually find an undervalued foreclosure and make some big bucks flipping it.
Popular Foreclosures Articles
Making Partial Loan Payments to Stop Foreclosure
Posted on April 23, 2008 by Dave DinkelFind out if lenders take partial loan payments to save a homeowners from foreclosure what to do if they won’t cooperate.
What Are Your Redemption Rights in Foreclosure?
Posted on April 23, 2008 by Dave DinkelDiscover how a homeowner can get his home back after a foreclosure sale for as much as one year in some states.
The Phases of Mortgage Foreclosure
Posted on November 30, 2008 byPreviously, the concept of the whole mortgage foreclosure process is discussed, including the steps that the bank or the lender can undertake to recover the money involved in the property in question. Now, the steps that the lenders can take as far as the mortgage foreclosure process is concerned will be talked about. This may vary from state to state.
Preforeclosure and Bankruptcy Solutions
Posted on July 13, 2009 by Randell K KellyAre you worried about the possibility of your property heading into preforeclosure? Then foreclosure assistance is available, for free. If yes, help is available at no charge whether you need foreclosure assistance, are in bankruptcy and want to avoid foreclosure, or just concerned that you may be at financial risk and you want to learn more about the preforeclosure definition. It's too bad, many USA citizens actually lose their property to foreclosure every single year. The ...
Government Auctions - The 3 Types of Tax Sales Properties
Posted on July 28, 2009 by Nolan SpeersWhy not look into property taxes as a potential investment idea? The local government takes it very seriously when a person doesn't pay these taxes. Obviously they need these taxes in order to subsidise local schools, police, infrastructure, etc. They also realise that if one person is excused from paying taxes then everyone will expect the same break, so they will always enforce a zero tolerance when it comes to paying taxes. There are three ways the government can attem...
Writing a Working Business Plan
Posted on August 9, 2009 by Yatin KhannaMany women are so confused by the words - "Business Plan". What is it? Who do I show it to? Do I really need it? What is it really going to do for me? A business plan is a written blueprint for your business. It describes a summary of what your business is about and it's goals. It also outlines how your business will function. The term "business plan" was first developed by bankers who wanted a detailed report of how a business would result in profits before they would make a decision on lend...
Can the Bank Ever Prove a Foreclosure Case?
Posted on August 21, 2009 by Nick AdamaMany homeowners are not quite clear on how the foreclosure process works in their state, especially due to differences between judicial and nonjudicial foreclosure proceedings. State law and federal lending law may also affect how the process moves forward, as HUD-guaranteed loans or those insured by the FHA can complicate the matter even further.
Short Sale Definition - What is a Short Sale?
Posted on September 13, 2009 by Mark SumpterThe short sale definition is easy to grasp: a home is transferred for a discount from the balance owed on the mortgage loan. The procedure, though, is a good deal more convoluted. Short sales are considered under certain circumstances, and sometimes only come about as an option when it is obvious to a lender that the entire financial worth of the mortgage will not be paid. Convincing the mortgager to see that this is the top option for all involved is delicate and uses some k...
How Banks Overcharge Homeowners in Foreclosure
Posted on September 13, 2009 by Nick AdamaWhen homeowners begin to fall behind on their mortgage, almost immediately, the bank begins adding numerous fees to the balance. A default of a couple months can balloon into a total amount behind equaling nearly half a year's worth of principal and interest payments.
Fighting Foreclosure in Court and Using Discovery to Uncover Illegality
Posted on October 3, 2009 by Nick AdamaWhen homeowners are involved in a foreclosure lawsuit, either defending against the bank or initiating their own to stop a sheriff sale, there is a vast amount of information that can be obtained from the bank.
