Featured News, Mortgage, US Real Estate

Realty Trac: Median Price of Distressed Homes up 18%

By Mike Wheatley | November 27, 2014
The median price of distressed residential properties, which are those that are either in the foreclosure process or owned by a bank, jumped up by 18 percent year-over-year in October
Real Estate, US Real Estate

Homeowners Haunted by Old Foreclosure Debt

By Allison Halliday | November 21, 2014
Many people who lost their homes to foreclosure between five and seven years ago have worked hard to repair their credit scores. Unfortunately just as things are getting better some are being chased by debt collectors for sums running into many thousands of dollars. They are being chased for the difference between the amount owed […]
Featured News, Real Estate Resource, US Real Estate

Follow These 10 Steps To Save Your Home From Foreclosure

By Mike Wheatley | October 24, 2014
If you are worried about keeping up with your house payments, you may be stressed, overwhelmed, depressed, or just plain tired. You're scared. But it's important to act quickly to find solutions. Keep in mind you can't save a home you've already lost.
Investing, Real Estate Investing, US Real Estate

Tax Lien Investing Pros and Cons

By Brian Kline | October 16, 2014
Tax lien investing has long been a popular method of investing in real estate but it should not be taken lightly. Although potential returns are huge, so are the risks. Approximately $425 billion in state and local real estate property taxes are owed across the U.S. each year. Of that, about $6 billion goes delinquent. […]
Featured News, Mortgage, US Real Estate

Post-Foreclosure Hell: Banks Still Chasing Ex-Homeowners Years Later

By Mike Wheatley | October 15, 2014
More banks are getting aggressive in pursuing deficiency judgments, finding that the proceeds of foreclosure sales may not have been enough to cover the amount of the loans, plus penalties, legal bills, and other fees.
Residential, US Real Estate

Boomerang Home Buyers Get Assistance

By Brian Kline | September 15, 2014
The rules keep changing but the time has come for many boomerang buyers to get back into home ownership. More than 4.7 million homeowners are estimated to have lost their home to foreclosures or short sales since 2007. Through the "Back to Work - Extenuating Circumstances" program, the FHA has relaxed its guidelines for borrowers […]
Real Estate, US Real Estate

Sales of Existing homes Continued to Rise Last Month

By Allison Halliday | August 28, 2014
Last month, sales figures for existing homes reached their highest annual rate for this year, while the number of distress sales continued to decline, according to an article in RisMedia. The number of completed transactions for existing home sales, which includes condominiums, town-homes and single family homes increased by 2.4%, reached a seasonally adjusted rate […]

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