Real Estate Foreclosures - A Real Estate Agent's Guide Part 1

This series of 3 articles will provide the reader a general overview of Foreclosures and is targeted towards helping Real Estate Agents and how they can tap into Foreclosures as a source of Leads & Listings.

Foreclosure Investing 101

Want to learn how to make money investing in foreclosures? Well take a seat, class is in session!

Top 7 Reasons to Invest in Real Estate Foreclosures

Foreclosures can be a great way to enter the real estate market with a great deal on a house. Here are the Top 7 reasons to consider investing in a foreclosed home.

How Do I Find Free Foreclosure Listings

Finding your dream foreclosure home is always a challenge. The competition is fierce and the best deals usually have the life span of a mosquito. So what can you do to gain an edge against your competition, how can you get your eyes on these amazing deals before anyone else does?

Short Sales An Answer For Tough Times

Well you bought your home during good times and now times have changed. Your property rentals are down or you’ve lost your job and cant carry the mortgage. Worse than that, the markets have changed and you cannot sell for what you've paid. Still you have no choice but to sell or foreclose. There is one possibility besides foreclosure and that’s a short sale.

Foreclosure - Understanding the Pros and Cons of the Short Sale

Homeowners facing foreclosure in California have approximately 120 days from the Notice of Default (about 4 months) in order to resolve their outstanding mortgage debt. When a homeowner finds themselves in this situation, the most proactive step a homeowner can do is to act...

Irish v. Woods - Which Surety Was Left Holding the $500,000 Bag?

A secured lender's primary source of recovery when a project goes bad usually is the loan collateral. Secondary sources could be the assets of a guarantor, a surety or an accommodation party, labels that often are used interchangeably to describe a person who signed a loan document but who did not directly benefit from the loan. (See, March 23, 2007 post, Liability of Guarantors or Accommodation Parties when the Original Obligation Is Materially Altered. The April 24, 2007 decision by the Indiana Court of Appeals in John T. Irish v. F. Lawrence Woods, 2007 Ind. App. LEXIS 786 addresses some general rules applicable to these secondary sources and also provides a good suretyship vocabulary lesson.

Frequently Asked Questions About Foreclosures

Not sure how to purchase a foreclosure or where to start? Do you have questions about how to purchase a foreclouse at an auction? If you answered yes, then read our frequently asked questions about foreclosures.

Learning Real-Estate Foreclosures

Foreclosure ensues when a person borrows financing from a lender for real estate and cannot pay their mortgage payment. This develops when the mortgagor is unable to comply with the terms made by the lender in the contract. Usually the terms laid out by the lender state that the borrower’s real property is used as security for the loan.

Understanding The Foreclosure Process

Foreclosure comes about when a person borrows money from a lending institution to fund a piece of real property and have insufficient funds to pay the monthly mortgage payments. This culminates when a mortgagor is unable to conform to the terms in the contract agreed to.

Focus on Foreclosure, Part 3 - Buying Foreclosures After the Auction

Foreclosures are on the rise in the U.S., creating tremendous opportunities for savvy investors.

Pre-Foreclosure Properties And HUD Foreclosures

Pre-foreclosure is the time between when a property owner gets a notice that he is in default on a mortgage and when he loses his home.

Interesting And Uncommon Things Found At Foreclosure Auction

What do you suppose happens to items or belongings that are financed and then not paid for. Many people buy big items that they have full...

Making Dallas Foreclosures Work For You

In November of 2006, according to the RealtyTrac™ U.S. Metropolitan Foreclosure Market Report, RealtyTrac™ U.S. Metropolitan Foreclosure Market Report the number Dallas foreclosures rose 67%, and the eight counties surrounding Dallas saw a new foreclosure for every two hundred and eighty-six households.

Foreclosure Real Estate - Attending The Auction

Anyone wanting to buy foreclosed properties at an auction should attend a few to get familiar with the way they work. They do present some great opportunities but some trappings as well. Some things you can expect are: