Buying Foreclosures
How to Buy Foreclosure Properties
For as long as banks have been foreclosing on real estate properties, so have investors been taking light of this opportunity to buy real estate for up to 50% off its real value. Imagine that a home owner has lived in a house for 10 years, has built up a substantial amount of equity... »
Foreclosure Process
*This is a generalized breakdown of the foreclosure process. Foreclosure laws and legal procedures vary from state to state. What is a foreclosure? A foreclosure is legal proceeding usually followed by a court order which allows the lender, mortgagee or lien holder to redeem the property from the property owner. Foreclosures are most commonly used by... »
Economic Downturn
The Housing Market Crash of 2007 The United States is being faced with one of the worst economic periods of it’s history. Many economists agree that the state of the US economy is the worst that that it has ever been next to the Great Depression of the 1930’s. Many factors led up the current... »