Finding Homes That Are About to go Into Foreclosure
Obviously it’s hard to find homes about to go into foreclosure, or pre-foreclosure homes. Pre-foreclosure is the period before the notice of default is filed and the distress becomes public knowledge. In fact, this is the hardest thing about investing in this area. You need to develop a simple, orderly system that collects all the [...]
Tips for Avoiding Foreclosure
No one ever plans to go into foreclosure, but sometimes it seems unavoidable, due to sudden unemployment or sickness, a divorce, or other emergency. However, lenders don
How Does A Foreclosure Work?
“Foreclosure” is a commonly used word, both in the news and in public discourse. It means that someone has lost their house because they have not paid their mortgage. However, what really happens during the foreclosure process is unknown to many people. Foreclosure is actually the last resort of a lender who …
Is Foreclosure an Option For You?
Foreclosure is not a very happy event. If you foreclose on your property you may face years of public embarrassment and when applying for credit, new real estate purchases or even when trying to rent a place to stay, you may have trouble being accepted. Borrowers have been tempted by greedy loan officers who offered [...]