There are many unique financial opportunities for every buyer such as investing in bank owned houses. However, you need to be aware that having the right information is important if you want to be successful in foreclosure investing. Foreclosure listings are good places to start with since they can provide you with the latest information about the market and they cover listings of properties in all states across the country. You can also find […]

The prices of houses in some areas of Michigan, including BofA foreclosure homes, declined during the month of October 2010 when compared with the same 2009 month. In metro Detroit, the decline for the month was 23% according to a report from Realcomp.

A lot of people opt to buy bank foreclosures for sale now because the prices are at their lowest. Buying bank owned properties are virtually risk free and offers great savings for buyers. It is a good way to secure one’s financial future as it is also a lucrative profit source for property investors.

Buying bank owned for sale has become a common practice of property investors and individuals wanting to become home owners. The homes are priced lower than their actual value, obtaining financing is quite easy and there are multitudes of properties to choose from. Anybody considering an investment should really take a closer look at this opportunity.

Sales of residential properties, including Wachovia bank homes for sale, declined in Massachusetts in September 2010 compared with the same month of 2009. According to housing industry observers, the uncertain future of the nation's economy has made buyers wary of making any investment in residential real estate.

Planning and preparation is key to combating the risks present when you buy foreclosure houses. Ensuring that your finances are in order is the first step. Make sure your credit score is high so that you may be approved for a home loan enough to purchase a foreclosure property. When you go to a bank and ask to be pre-qualified for a home loan you will be able to know your price range. This can simplify your search to only the properties that […]

The Washoe County Senior Services Department has launched the Senior Law Project (SLP) which aims to help senior homeowners facing the possibility of losing their properties to foreclosures, including Suntrust bank foreclosures. Although the project specifically targets senior homeowners, they also provide help to other homeowners in various areas of Reno, Nevada.

The housing market of Southwest Florida is taking a beating from the foreclosure moratorium, according to a number of analysts, with realtors unable to continue selling Fort Myers bank foreclosures. Lee County, in particular, is feeling the impact of the nationwide mortgage industry investigation.

The mortgage for several apartment buildings that are Bronx foreclosures for sale would have been transferred to a buyer a few days ago, but news have emerged that the unnamed buyer has withdrawn the offer. The apartment buildings concerned were said to be suffering from multiple violations and the deal had been criticized by tenants, housing advocates and even public officials.

Housing units located near major employment areas in the city remain unaffordable for most workers despite the decline of housing values caused by the recession and the large number of Boston foreclosures for sale. This finding is part of a research study from the Urban Land Institute Terwillinger Center for Workforce Housing.

The prices of houses in Indiana, including Suntrust foreclosures, existing dwellings and other types of distressed homes, have declined in July 2010 when compared with the same period in 2009. According to CoreLogic, prices for all types of homes declined by 1.1% in July, ranking the state 22nd among all U.S. states in terms of highest drops in home prices.

Even if you are a rookie to the real estate business, you can still grab the lucrative opportunities present in the market. However, you must learn some essential things to put your foreclosure investing to a good start. The easiest and safest method to break into the market is to buy bank foreclosed homes, or more popularly known as REO homes. This is because banks make sure that you get clean titles to the property when you buy them which […]

Various local communities in Illinois will be receiving their share of the U.S. federal government aid that totals $30 million. The funds will be distributed among local neighborhoods suffering from the impact of foreclosures, including foreclosed homes for sale in Chicago.

Almost 50% of the total number of owners of foreclosed homes for sale in Miami has not taken part in the state-sponsored mediation program. Data for the Miami-Dade metro in Florida showed that almost half of the more than 24,000 foreclosure cases in the city for the current year had no participation in the program.

Support for the bill designed to help homeowners who are facing potential government and bank foreclosures, including Wells Fargo home foreclosures, has diminished in the past few weeks. Senate Bill 1275 initially had the support of majority of legislators, but has lost steam following an alleged intense lobbying effort from the banking industry.