Archive for January, 2012

Don’t Forget Your Paper Trail While Dealing With Foreclosures

ByCharles Sokolow Buying your first home will most likely be one of the most significant purchases you will make in your lifetime. Whether it’s a purchase and mortgage or a foreclosure auction, you want to make sure that you keep everything documented. This article will delve into the idea behind why and how you should [...]

Real Estate Foreclosures and Short Sale Transactions – Time to Get Educated

The increase in real estate foreclosure by lenders over the last several years has caused a corresponding increase in home buyer complaints about the foreclosure industry. Many businesses have taken profits from the housing crisis by taking advantage of unsuspecting home buyers looking to purchase a first home or vacation home. The sad reality is [...]

REO Property Vs Foreclosed Property

ByKarim El Sheikh Many people will tell you that the market is ripe with investment opportunities. On one hand, many will point to foreclosures as the proverbial cash cow. On the other, Real Estate-Owned (REO) property is the preference. While both are good investments, it is better to look at the facts and prepare yourself [...]

Which Is My Best Option? A Foreclosure Or A Short Sale?

ByOlivia L Blakely Whenever you make a financial decision that impacts your finances, it will most likely have an effect on your credit score. In this mortgage crisis, there are endless numbers of families experiencing a “ding” on your credit due to the devastating effects of the turbulent real estate climate. This “hit” to your [...]