Despite the high foreclosure rate in Michigan, investors are still faced with many wonderful opportunities. First time home buyers also have a lot to be excited about. With the growing inventory of Michigan foreclosures, buyers can choose the best property and buy it at the lowest possible price. How? Here are some helpful tips when [...]

Almost 125, 000 Florida properties entered some stage of foreclosure last year, an increase of 13% from 95,269 homes in 2005. Homeowners with sub-prime and adjustable rate mortgages are the ones at great risk. Experts are expecting more foreclosures in 2007 once these loans reset.
There are several factors which contributed to the high Florida [...]

With the increasing mortgage interest rates and high cost of living, it is not surprising that many people are facing foreclosure. If you are among these homeowners, you should not waste time in getting foreclosure help since it takes only about 120 days from the time you missed a single mortgage payment to complete a [...]

The housing climate of California is certainly ripe with plenty of possibilities and opportunities. With the many homes entering into some stage of foreclosure, real estate investors are already circling and waiting for the perfect property to buy.
Subprime loans are considered to be at high risk of foreclosure in California. The 5/1 hybrid ARM, [...]

You may not know this but many real estate investors have profited from investing in HUD homes foreclosure. These properties are owned by the Department of Housing and Urban Development and the agency Federal Housing Administration (HUD/FHA).
A property becomes an HUD home when a real estate loan is obtained from an approved HUD lender. [...]

Current housing market condition in San Diego has shifted the advantage to the buyers. As high foreclosure rates hit many states including Ohio, Illinois, Colorado, Nevada and California, more and more golden opportunities are presenting them selves to these real estate investors.
The high foreclosure rate in San Diego has been brought about by several [...]

Foreclosures filed in Texas last December 2006 reached an amazing 14, 195 or 1 for every 567 homes. This number includes loans that are considered delinquent and/or in stages of foreclosure like notice to cure, default notice and posting, foreclosure for sale and finally the active foreclosure inventory.
In 2000-2001, Texas has a foreclosure rate [...]

Other states are battling skyrocketing numbers of foreclosures but for the state of Oregon, the story is quite different. According to the Portland Business Journal, at the end of 2006, Oregon posted a total of 13,000 foreclosures, down by 5.4% compared to the last quarter of 2005.
The performance of the real estate market, particularly [...]

A report from the Associated Press stated that Ohio currently has one of the highest foreclosure rates in the United States. If foreclosure rate is an indication of how a state’s economy is thriving, then Ohio is a good example.
Faced with a high unemployment and interest rates, Ohio homeowners are having a tough time [...]

December 2006 reported an increase in New York bank foreclosures. According to CNNMoney.com, foreclosure rates have hit the 100,000 mark for the fifth time since August. With 109, 652 homes in some stage of foreclosure nationwide, New York officials are also worried.
New York is not the only state suffering from this unfortunate situation. Still [...]