Foreclosure Investing
Buying a Home? A Guide to Getting the Right Score to Qualify
A couple wants to buy a home and begins the paperwork for a mortgage, but is surprised to learn that the bank has turned them down due to having a low credit
Interested in a California Investment? Time is Running Out!
If you are like many other people who are waiting for the perfect time to jump on real estate investment opportunities, the time is now—especially if you seek to invest in California real
More Investors Showed Interest in Foreclosures for Sale in March
More low-priced foreclosures for sale are getting snatched by investors as the month of March starts. Mortgage applications rose in the U.S. during the first week of the month and analysts have revealed that the rise was mostly accounted for by investors. Although more home sales are needed right now, analysts stated that it would have been better if the majority of mortgage applicants had been first time home buyers.
Real Estate Boom in Brazil: Campinas is a Great Option for Foreign Investors
With a thriving economy and growing attention to international investment opportunities, Brazil's housing market is quickly becoming considered one of the most valuable and in-demand real estate opportunities in the world. Cities like Sao Paulo, Rio de Janeiro and especially the thriving techno-hub of Campinas are all seeing increased interest and home values in the real estate market.
Investors Cautious Over Washington Distressed Properties for Sale
Washington is currently sitting on more than $3 billion worth of distressed properties for sale. However, investors are not rushing to buy these properties as they look for more stable investments and those that will bring regular cash flow.
Bank Owned Homes Still Putting Pressure on East Bay Prices
Bank owned homes are still putting downward pressure on residential prices in the East Bay counties of Contra Costa and Alameda. The largest cities in these counties are Oakland, Richmond, Berkeley, Concord, Fremont, Livermore, Hayward and Antioch.
Why a Repo Property for Sale in Florida Is Good Investment
Every repo property for sale that gets closed in Florida represents one good investment decision, particularly for buyers who can afford to wait for several years before reselling at a great profit.
Staggering Cost of Foreclosed Homes to Investors
Each one of the millions of foreclosed properties for sale across the country since the start of the subprime credit crisis costs investors a total of $151,000, according to a study done by the Congressional Joint Economic Committee. The investors referred to in the study are the homeowners, mortgage lenders, local governments and neighborhoods.
Housing Starts Down Due to Foreclosures
In 2008, banks, financial institutions and other mortgage lenders made over 860,000 foreclosures. According to RealtyTrac, which collects and compiles foreclosure data from more than 2,200 counties in the United States, over 3 million notices were received by homeowners which sets the motion for the foreclosures process.
Americans Invest in Foreclosures in 2008; 2009 Prospects not Good but Better
Economic conditions in 2008 spelled bad news for Americans. The housing sector was very much affected, experiencing erratic mortgage rates and a pronounced increase in foreclosures. However, there were those who were wise enough to take advantage of the situation.
