http://www.bankforeclosuressale.com/wp/article-0111128.html Foreclosure News, Homes Information, Articles, All About How to Find Bank Foreclosures for Sale Sun, 23 Nov 2008 21:03:09 +0000 http://wordpress.org/?v=abc http://www.bankforeclosuressale.com/wp/article-0111128.html#comment-2689 Thu, 05 Jun 2008 19:37:35 +0000 http://www.bankforeclosuressale.com/wp/article-0111128.html#comment-2689 there is so much more to it than this... an expert will clue you in on how to get a great deal - but knowing the pre-foreclosure game is even better. I don't charge for this help - advice is free to any wanting to listing to my ranting (that makes money!) I do this full time - I am an investor and got my license to supplement my investment activities now I own the brokerage and do a ton of " Short Sales" and foreclosure sale brokerage... there is so much more to it than this… an expert will clue you in on how to get a great deal - but knowing the pre-foreclosure game is even better. I don’t charge for this help - advice is free to any wanting to listing to my ranting (that makes money!) I do this full time - I am an investor and got my license to supplement my investment activities now I own the brokerage and do a ton of ” Short Sales” and foreclosure sale brokerage…

]]> http://www.bankforeclosuressale.com/wp/article-0111128.html#comment-928 Tue, 05 Feb 2008 12:47:19 +0000 http://www.bankforeclosuressale.com/wp/article-0111128.html#comment-928 Foreclosure is actually good for a lot of homeowners. For those who bought at low price and kept refinancing to extract cash from their home as home price rose, they have little equity on that ATM machine. Foreclosure is equivalent to selling the home at inflated price to the bank. For those who bought at high price with little down payment, they could just return the home to the bank, the bank would fire-sell the home to some vulture investors at low price, and the vulture investor would rent this home back the previous homeowner with much lower monthly payment. The only loser would be the bank and people with enough equity to stay at their home. Foreclosure is actually good for a lot of homeowners.
For those who bought at low price and kept refinancing to extract cash from their home as home price rose, they have little
equity on that ATM machine. Foreclosure is equivalent to selling the home at inflated price to the bank.
For those who bought at high price with little down payment, they could just return the home to the bank, the bank would
fire-sell the home to some vulture investors at low price, and the vulture investor would rent this home back the previous
homeowner with much lower monthly payment.
The only loser would be the bank and people with enough equity to stay at their home.

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