How to Buy a Pre-Foreclosure

Whether a market is a buyer’s market, seller’s market, or balanced market there are always foreclosures available, And where there are foreclosures there are pre-foreclosures. But first, you need to understand the differences between pre-foreclosures, foreclosures, and real estate owned by the lender (REO). The actual foreclosure is a very short process that typically takes

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RealtyTrac Reports Increase in Short Sales Over Second Quarter

US banks are finally making a difference in the battle to clear the large distressed property inventories plaguing real estate markets by agreeing to increased numbers of short sales, it’s been revealed. What’s more, the average short sale transaction is being completed much faster than before, reports real estate analysis firm RealtyTrac. Speaking to Bloomberg,

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