Archive for 'Foreclosure homes'
Foreclosure Buyers’ Don’ts
28 July 2008Buying a foreclosure home for the first time requires careful consideration of all the possible things that could go wrong. Obviously, you will have to gain a little knowledge about the entire foreclosure process and market conditions as well as get pre-approved for a mortgage loan even before your foreclosure search begins.
Renters Haunted by Foreclosure Stigma
8 July 2008Losing your home to foreclosure is surely something that can considered as traumatic. But if you think that things can not get worse, you might actually find yourself having some trouble looking for an apartment because of your foreclosure record.
Home Builders Competing with Foreclosures
1 July 2008It seems that the problem in the mortgage industry has claimed another victim. This time around, it is the home builders. It is not enough that they are trying to sell these newly-built homes in a sluggish market but to makes matter worse; they are now competing with foreclosure properties – some of which were their own creation.
Key to Fast Sale: Paint
30 June 2008In 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.
Selling Foreclosed Homes
24 June 2008To 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.
Foreclosure Backlog: Florida’s Biggest Concern
23 June 2008Ever 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.
Interested in Foreclosure Homes? Go on a Tour!
18 June 2008In 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.
Are Foreclosure Homes Worth Renovating?
5 June 2008When the subprime mess exploded, there were many casualties including homeowners, brokers and mortgage lenders. But it can not be denied that for some people, this foreclosure crisis has turned out to be a wonderful investment opportunity.
Foreclosure Home Purchases Increasing in California
30 May 2008It seems that after a prolonged slide where the housing market saw little demand, the amount of home sales in California are beginning to increase again thanks to the interest of foreclosure investors looking to buy foreclosed homes for discounted prices at auction.
Home Prices at Lows and Encouraging Purchase in Some Areas Due to Foreclosure
28 May 2008It’s now no secret that rising levels of foreclosures have contributed to steadily falling home values across the nation. In many instances, this trend is viewed as alarming and destructive. Falling home values mean homeowners are not earning equity on their purchases, and as a result the foreclosure problem is actually worsened. Many buyers who bought homes during the housing boom are unable to escape foreclosure through refinancing or a sale because they can no longer get the same price on their home.
