Rental going into foreclosure – will they come after my wages or will I be taxed?

Question by coral: Rental going into foreclosure – will they come after my wages or will I be taxed? We have a rental property that we can no longer afford payments. If it goes into foreclosure, will they come after our wages or make us do a 1099? We do not want to do a [...]

MegaChurch Foreclosures: Are They The Devil’s Fault? [ Earl Paulk/Thomas Weeks/Paula White]

MegaChurch Foreclosures: Are They The Devil’s Fault?Additional tags include: bishop, pastor, prophet, prophetess, apostle, evangelist, tbn, Ed Young, Juanita Bynum, Thomas Weeks, Eddie Long, Creflo Dollar, Thomas Alvin TA Body, Medina Pullings, Terry Hornbuckle, Renee Hornbuckle, Benny Hinn, TD Jakes, Robert Schuller, Marilyn Hickey, Paul & Jan Crouch, Rod Parsley, RW Shambach, Carlton Pearson, John [...]

Are REO’s typically sold “as is” or do they ever do repairs before selling?

Question by Disneyland Guru: Are REO’s typically sold “as is” or do they ever do repairs before selling? Just wondering if there is a market for REO repairs with all the foreclosures going on right now. Any advice or tips for taping into this market is appreciated. Would it be a good idea to list [...]

How To Make Money Buying Pre-Foreclosure Properties Before They Hit The County Courthouse Steps

How To Make Money Buying Pre-Foreclosure Properties Before They Hit The County Courthouse Steps Before Thomas J. Lucier wrote the first edition of How To Make Money Buying Pre-Foreclosure Properties Before They Hit The County Courthouse Steps in 1989, he was making time consuming and costly mistakes. The mistakes were inevitable; no one had written [...]

What’s the deal with government tax foreclosure properties? Are they a good deal or are there hidden risks? http://bit.ly/bWv5Iq

What's the deal with government tax foreclosure properties? Are they a good deal or are there hidden risks? http://bit.ly/bWv5Iq – by DJMortenson (DJ Mortenson)

What are the different stages of foreclosure, and what do they mean?

Question by juicyfruit: What are the different stages of foreclosure, and what do they mean? I’m interested in buying a home in foreclosure, but I don’t know what the different stages are or what they mean. I’ve seen “notice of default”, “real estate owned”, “notice of foreclosure sale”, and “pre-foreclosure.” Can someone please tell …