Archive for October, 2009
Profiting From Handyman Specials HomesOctober 30th, 2009
Handyman specials homes are getting a lot of attention from savvy investors who want to earn huge profit for just a small cash outlay. A handyman special home is purchased at a very low … More >>
Distressed Properties Increase in Alabama CityOctober 30th, 2009
The Alabama city of Birmingham experienced a drastic increase in the number of distressed properties in the third quarter. According to recent market data, Birmingham's foreclosure … More >>
A Foreclosed Home Can Have a Positive Impact on Your Finances for Years to ComeOctober 29th, 2009
A foreclosed home is attractive not only because it usually has a very low asking price. A foreclosed home is also a smart investment for your financial future because it can have a … More >>
Freddie Mac Foreclosures to Rise as Delinquencies AcceleratedOctober 27th, 2009
Freddie Mac foreclosures are expected to grow in the coming months following reports of an increase in the number of delinquencies on loans guaranteed by the Federal Home Loan Mortgage … More >>
VA Foreclosures Homes Now Managed by BAC Home LoansOctober 26th, 2009
VA foreclosures homes are now managed by BAC Home Loans Servicing LP, a subsidiary of Bank of America Corporation. Previously, VA foreclosures were being managed by Florida-based Ocwen … More >>
Lis Pendens Filings Slowed Down But Still RisingOctober 26th, 2009
Lis pendens filings continued to rise in seven counties across the country, albeit at a slow pace. Lis pendens, or notice of default in states with non-judicial foreclosures, is a written … More >>
Buy VA Foreclosures under the VA Vendee Financing ProgramOctober 23rd, 2009
You can buy VA foreclosures under the Veterans Affairs vendee financing program, and you need not be a veteran to be able to qualify under this financing program. You can also buy VA … More >>
Arizona Communal Properties Facing Tax Lien ForeclosuresOctober 23rd, 2009
Colorado City, Arizona's 35 communal properties are facing tax lien foreclosures if they failed to settle unpaid taxes and interest within three years with lien purchasers. About 150 … More >>
Rhode Island Rules Aimed at Staving Off REO HomesOctober 22nd, 2009
The city council of Cranston in Rhode Island is considering rules aimed at containing the number of REO homes in the area. Under the rules, lenders are required to renegotiate the loans of … More >>
Pre Foreclosures Strategy to Help Borrowers Avoid ForeclosuresOctober 22nd, 2009
Some industry experts are leading the way in helping distressed homeowners avoid the trouble of foreclosures by creating a short sale or pre foreclosures strategy. The strategy is designed … More >>
