Foreclosure Crisis

Why to Avoid Foreclosure Prevention Companies

There are numerous reasons to avoid foreclosure prevention companies with scams and fees coming in at the top of
Foreclosures

West Coast Begins to See Foreclosure Trends Decline in 2012

Those watching the domestic real estate markets for signs of any relief in the foreclosure market may have the beginnings of good news from the West
Real Estate Investing

How Home-buying is Affected with Children

Buying a home these days involves a lot of major decisions – one of which concerns some of the most important people in your life: your children. Having children changes the decision-making equation

More Latest News

Mortgage

Successful Steps to Getting a Mortgage Loan Modification

January 5th, 2012 by Simon Lindsay

Many Americans today cannot make their monthly mortgage payments. Additionally, for millions of Americans – approximately 11 million as of 2011 – owing more on their home than it is currently worth is a sad reality. This situation is especially bad considering median home prices are only expected to decrease over the next 6-12 months in most

Mortgage

Getting the Right Mortgage Rate

January 3rd, 2012 by Simon Lindsay

Buying a new home is still very much part of the American Dream. We, as citizens of the United States, long to have our own home that we can customize without restriction. When you rent a property, you are often unable to paint the walls and do even minor renovations. In comparison, when you have your own home your creation is no longer

Real Estate Investing

What’s in a Credit Check? Getting Approved for a Bank Sale

December 27th, 2011 by Simon Lindsay

With the large number of bank sale properties on the market, many potential homebuyers are filling out home loan applications and seeking approval from their lender. We all know that getting approved for a home loan is a bit more difficult due to the strict lending standards imposed by banks after the real estate market crash. As a result, it’s crucial to understand what banks look at when approving a home

Real Estate Investing

Tips for Finding the Best Land for Purchase

December 23rd, 2011 by Simon Lindsay

In today's real estate market, many have turned away from living in the city - especially with rental rates skyrocketing - and have instead decided to purchase land and build new homes. This decision works very well for some, but is a very important decision that requires a lot of thought, just like buying a

Real Estate Investing

Five Steps to Purchasing a Pre-Foreclosure Home

December 20th, 2011 by Simon Lindsay

Finding the right property to buy in today's real estate market seems harder than it really is to most. After all, plummeting prices and doom-and-gloom news have made it seem like housing is a bad investment - but it isn't. On the contrary, pre-foreclosure homes - homes that are facing foreclosure but haven't yet started the process - are terrific opportunities to obtain great homes at incredible

Foreclosures

How do I Contact the Owner or Trustee of a Home and Make an Offer?

December 12th, 2011 by Simon Lindsay

For homebuyers and investors who want to break into the foreclosure market and grab a great bargain for a particular home, timing is important. Some of the best deals can be had through pre-foreclosures, or homes that are in default but have not yet been repossessed and sold at auction. In other cases, the best deals can be found with homes that have been repossessed but have not yet been sold. In either case, a homebuyer can maximize value [...]

Foreclosures

Home Prices Go Down, but New Home Sales Go Up

November 30th, 2011 by Simon Lindsay

Making heads or tails out of this housing market is a tricky proposition at times. Data comes in on a weekly basis, and each set of numbers brings with it oodles of questions, concerns, estimates, and assumptions that are processed to create some semblance of reason and reality for the real estate

Foreclosures

Mixed Bag of News for Home Construction, Says the Commerce Department

November 17th, 2011 by Simon Lindsay

The housing market gained some good news and some bad news today with the release of the latest monthly new home construction report, released by the Commerce Department. According to the report, new home starts fell by 0.3% from September to October, coming in at 628,000 – or half of what most experts think is proper for a healthy

Foreclosures

October Foreclosure Numbers Go Up Again

November 10th, 2011 by Simon Lindsay

In what is no surprise to anyone who has followed the housing market for the past few years, the number of foreclosure filings increased nationwide in October, the third month in a row, by 7%. Even though the overall foreclosure rate is still down 31% year over year, the monthly increase is a troubling portent of the future for the housing market and foreclosures in

Foreclosures

An Update on Foreclosures

November 4th, 2011 by Simon Lindsay

Over the last years there have been a ton of distressed properties on the market, which are ideal for foreclosure investing. From residential foreclosures to commercial foreclosures, the opportunities to obtain an incredible property well below market value are still alive and well. However, everyone acknowledges that the key to real estate market recovery involves improving consumer/investor

Foreclosures

Maybe There’s Something To This Obama Foreclosure Plan After All

October 27th, 2011 by Simon Lindsay

A plan floated by the Obama administration a couple of months ago to sell off tons of government foreclosures to private investors is actually starting to take traction – contrary to the expectations of critics when the plan was