Foreclosure

Frank Warns Lending Industry not to Oppose New Foreclosure Assistance Legislation

US Financial Chairman Barney Frank warned lenders Monday that the new legislation proposed before the House that would require lenders to trim down the debt owed by some homeowners in danger of foreclosure so that refinanced loans for those borrowers could be sponsored by the federal government was their last chance to help the housing [...]

Bernanke Speaks out on Foreclosure’s Effect on Economy

Federal Reserve Chairman Ben Bernanke announced Monday that the mortgage market throughout the country remains strained due to defaults, and urged that something, anything must be done to halt foreclosure, as it is crippling the nation’s economy as a whole.

Speaking to the New York University School of Business, he remarked about how mortgage defaults and [...]

Maryland to Offer Foreclosure Information Session in Frederick

Citing the lack of assistance for Maryland citizens and the lack of information and effective resources being provided to help homeowners avoid foreclosure, a new foreclosure prevention / education meeting is being held by the Maryland Department of Licensing, Labor and Regulation in Frederick, Maryland on Monday night. The meeting will help to inform citizens [...]

Foreclosure Bus Tour in Florida Seen as Part of a Growing Trend

As the foreclosure inventory climbs around the country and buyers start to take an interest in the low prices foreclosure homes and properties available through foreclosure auctions present, some real estate agents and specialists have discovered a new way to market these properties to potential buyers—and it involves a big green bus.
The “Foreclosure Tours R [...]

Foreclosure Basics: Three Keys to Negotiation Success

Negotiation is actually a very complicated matter. You can not determine the outcome of any sales transaction despite similar circumstances. This is because both seller and buyer would try to make the result as balanced as possible, if not favorable to them. For this reason alone, it is important that you obtain a dominant bargaining [...]

Foreclosure Hunting Basics

With the housing market filled with millions of foreclosure for sale, maybe it is time you consider them as great investment opportunities. You will be surprised to know that many investors have actually bought these foreclosure homes because of their amazingly-huge return potential. Besides, these foreclosed properties are sold at very cheap prices and you [...]

Foreclosure Business: Tips to Finance Foreclosures

If you have been in the foreclosure business, it is important that you know how to finance it. Many people have the wrong notion that money is necessary. But you would be surprised that you actually do not need to have money if you decide to invest in foreclosure properties. Here are some tips that [...]

Denton County Sees 40% Spike in Foreclosures

Texas has been a well known hotspot for foreclosure homes for some time, but most of the attention has been focused in the media on cities like Dallas and Houston. However, we are also seeing great amount of foreclosures in smaller areas that are just as desirable among homebuyers and investors as these cities, and [...]

Increase Foreclosure Value in Three Ways

Now that you have successfully purchased one of these foreclosure homes, there is only one thing left to do and that is to increase its value in the market so you can sell it at a considerable profit. Since most of these repossessed homes are purchased as is, it would be safe to assume that [...]

Foreclosure Seller Tips that Will Beat Competition

The large selection of foreclosure properties for sale has created a market that clearly favors buyers. Such market conditions make seller anxious to sell their homes. But with the large supply of available foreclosure homes, you can expect these sellers to compete with each other. If you are hoping to sell your home during the [...]