ByB. Rose “We believe people, not banks, should own homes!” In my opinion, this recession was caused by greed and more greed. As a result, you and I are walking through tumultuous times as never before. We hear about the Great Depression vs the Great Recession. To me, it’s just a matter of semantics. My [...]
ByCordell C Harris Forest Gump once said, life is like a box of chocolates, you’ll never know what you’re going to get. That is very true because you can go to bed tonight knowing tomorrow will be just as unpredictable as it was today. Some surprises tend to be good and others, not so and [...]
ByCordell C Harris Foreclosed homes or foreclosed property are assets that have been re claimed by the bank or the real owner. The reason why the asset is re possessed is because the current owner has failed to settle payments hence not living up to the agreement. Even though the property is re claimed out [...]
ByMykel Jenkins When payment for a house is not made, the house in question will become known as foreclosed. This means that the bank now owns the house and is looking to sell it again at a cheaper rate. Look out for these houses if you are thinking of getting that nice place at a [...]
If you want to buy a house for your family with the cheapest deal possible, your best option is buying a discounted house through the process of REO foreclosure. REO foreclosure stands for Real Estate Owned foreclosure. Through this, you will be able to find the house of your dreams in the cheapest possible price. [...]
Many people who have government-related jobs need to have security clearances. These jobs are dependent on the people employed to be of the highest moral character because of national security issues. Even local and national law enforcement agencies can be very strict to various degrees about the background of employees. The employee applying for a [...]
ByMark Moss Many people think that buying foreclosures isn’t really safe, especially in today’s market conditions. Most of today’s buyers prefer buying regular equity instead, because they think it’s the safest option for them. I have nothing against buying equity, but I have to tell you that buying foreclosed properties could be very rewarding; especially [...]
ByAnthony Simonie It’s now common knowledge that the economy is in a continual decline and the high unemployment rate isn’t coming down in the near future. The housing market is still very shaky, and the number of foreclosures is still on the rise. With everything else seeming so grim, how can people locate steady and [...]
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 [...]
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 [...]