Foreclosures
Foreclosure is the legal process through which a lender takes possession of the asset, evicts the homeowner and sells the home after a homeowner is unable to make full principal and interest payments on his or her mortgage, as stipulated in the mortgage contract.
These foreclosures tend to be sold under market value as the lender doesn't wish to hold the asset for any extended periods of time. This leads to great opportunities for individuals and companies to purchase these assets for flipping, investment or for owner-occupancy.
Timing is everything with purchasing foreclosures. Check out the latest foreclosure listings on foreclosure.com.
The Exception to the Rule: How Buying a Foreclosure Makes Financial Sense Over Renting
Looking for a new home always has its complications. In the current real estate market, high property values and the significant upfront costs of buying a home can make renting...
How to Buy a Foreclosed Home in Florida
Are you looking to buy a cheaper home by searching for a foreclosure in Florida? You may be on the right track, as it can be a lucrative opportunity for...
Tips to Buy a House During High or Rising Interest Rates
Buying a house is a major life event that requires careful planning and preparation. One of the factors that can significantly impact your ability to purchase a home is interest...
Should You Consider Rent to Own
Rent To Own homes present a perfect solution for home buyers and sellers when it comes to preforeclosures, foreclosures and REO properties along with stringent credit policies. This alternative offers...
What is Foreclosure?
So you want to know what makes a property a foreclosure? Let’s define “foreclosure” first of all, as the term is used in a variety of ways. Foreclosure itself is...
Pros and Cons of the Short Sale Process
Short sale process tips you must know as a buyer and from the point of view as a seller on a property in default or in foreclosure.
What is a Zombie Foreclosure?
When a property owner defaults on a mortgage obligation, the bank or mortgage company that holds the mortgage may file a foreclosure action. If the property owner does not bring...
What is a Fixer Upper home?
Whether it’s been through pop culture, the news or even your neighbor you are bound to have heard the term “fixer upper” before, there is even a reality tv show...
What is a Preforeclosure?
As the name suggests, a pre-foreclosure (also spelled preforeclosure) is a property in the beginning of the foreclosure process. When a property is in this pre-foreclosure phase the homeowner still...
How to prepare for the Foreclosure home buying season
It is possible that you can purchase a home that meets your standards and budget as a homeowner. Experts have predicted that spring and summer would be the best seasons...
What is a HUD home?
There are many terms in the real estate industry that people are unfamiliar with when they begin to search for a new home. One of the most common terms that...
How to Stop a Foreclosure before it is too late
With the current trends of the U.S. economy, homes are still in danger of being lost by countless Americans. Foreclosures have been the most common way for a family to...
What is a Sheriff Sale?
When a property owner loses his property through foreclosure the courts can take it over and liquidate it in order to recover as much as possible for interested parties. As...
Pros and Cons of buying a Foreclosure
Foreclosure occurs when a borrower defaults on his loan obligation and the lender takes legal action to take possession of the property. Approximately 10% of all home sales are foreclosures,...
Buying a Foreclosure home? Get the Foreclosure Checklist
Click to download the Foreclosure.com foreclosure buyers checklist
How to get a good deal on a Foreclosed property?
Foreclosed properties often represent unique opportunities for real estate investing. At the same time there are risks that must be considered. This article sheds light on some of the common...
Checklist and Tips when applying for a Mortgage loan
Click to download the Foreclosure.com Mortgage Loan checklist
Investment Worksheet for Rental property cash flow analysis
Click to download the Foreclosure.com Investment Worksheet
Home Buying Checklist and organizing your approach to buying a home
Click to download the Foreclosure.com Home buying checklist
What is a Short Sale and what are the benefits?
Things you need to know about Short Sales.
2019 New Year’s resolution - Invest in Real Estate - Buy a Foreclosure
The best investment for 2019 is to buy real estate. Buy a foreclosure and maximise your return on investment.
How to buy a Foreclosure home? - Know the basics before you buy
Foreclosure is most often a regrettable tragedy for a homeowner. The circumstances that give rise to foreclosure, whereby a lender is forced to step in and perfect his interest in...
Zero down-payment: Possible when buying Foreclosed homes
How Does Zero Down Work Money has always been a major concern for homebuyers. It usually determines whether a person is ready to purchase his or her very own home...
Where to get Foreclosed home decorating ideas
Home Decorating Ideas Any home, whether brand new or pre-owned, deserves the proper treatment when it comes to interior design and home decorations. If you are ready to do some...