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From the monthly archives:

June 2008

Key to Fast Sale: Paint

by Robert ShultzJune 30, 2008

In today’s tough market, selling a home particularly one in the pre-foreclosure stage can be very challenging. Considering the millions of foreclosure homes for sale, sellers should find a way to make their homes stand out in the market.

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Falling Victim to Mortgage Fraud

by Mark GoodmanJune 27, 2008

Buyers of real estate properties, even foreclosure homes, should be cautious about mortgage fraud. Falling victim to one can prove to be a painful experience, both financially and emotionally. As the saying goes, prevention is always better than the cure. Even if you are dealing with a supposedly-reputable mortgage provider, you should still be able to protect yourself from fraud.

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New Florida Law Protects Against Mortgage Fraud

by Mark GoodmanJune 25, 2008

For the month of May, Florida posted the 4th highest foreclosure rate in the nation, with one out of 228 homes entering some stage of foreclosure. Considering this, it is not surprising that the local government is doing everything in its power to stem the rising tide o foreclosure.

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Selling Foreclosed Homes

by Danny GibsonJune 24, 2008

To date, there are over a million homes in some stage of foreclosure and 700,000 foreclosed properties up for sale. The large inventory of repossessed homes has certainly dampened the moods of some brokers. Some have even decided to quit the business altogether but there are other brokers who recognized the hidden opportunities offered by these foreclosed properties.

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Foreclosure Backlog: Florida’s Biggest Concern

by Anthony ParkerJune 23, 2008

Ever since the subprime mess erupted, Florida has been on top of the list of states with the highest foreclosure rate. Last month, the state had the second most number of foreclosure filings in the nation.

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Troubled Homeowners Turn to Short Sale, Discouraged by Slow Process

by Anthony ParkerJune 20, 2008

For many distressed homeowners facing foreclosure, an option that is usually considered after refinancing and loan modification, is a short sale. However, it seems that the process involved in this option is relatively slow.

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Interested in Foreclosure Homes? Go on a Tour!

by Robert ShultzJune 18, 2008

In San Francisco, the ever-growing number of foreclosure properties has become too much to handle. Real estate agents needed to become more efficient when it comes to showing homes in order to take advantage of the opportunities that these bargain homes offer. Thus, the birth of foreclosure tours.

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Poll Revealed 50% of Mortgaged Americans Worried about Foreclosure

by Anthony ParkerJune 16, 2008

In a recent poll commissioned by the American Bar Association, it was discovered that about 50 percent of Americans who currently have a mortgage are having concerns about staying in their homes and avoiding foreclosure.

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Philadelphia Sheriff Helps Distressed Homeowners

by Danny GibsonJune 13, 2008

he foreclosure crisis has actually given birth to a slew of non-profit organizations with goals to provide assistance to troubled homeowners in order to avoid foreclosure. But in Philadelphia, one sheriff has decided to help in his own way by refusing to conduct any foreclosure sales.

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3 Factors to Consider in Foreclosure Buying

by Robert ShultzJune 12, 2008

Many real estate experts will vouch after the fact that buying foreclosed properties is indeed a good decision. Not only will you be enjoying much savings but you also get to choose from quite a large inventory of foreclosure homes.

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