Featured Articles
The First Big Bank to Blink
So here we are in 2012, and while the housing crisis is far from over, we seem to have passed the stage of being unsure just how damaged the market is. By now the wreckage has been assessed, understood, which leaves nothing left other than deciding how to … [Read More...]
Celebrity Foreclosure Autopsy Series – Celebrity #10: Vanilla Ice
The foreclosure phenomenon of the last few years has had an impact not just on the average Joe, but on the rich and famous as well. In this series we examine high-profile foreclosures, the decisions both personally and professionally that led to them, and … [Read More...]
Advanced Scouting for REO Buyers
As of Q3 of last year, bank-owned REOs made up roughly 20% of all home sales across America. While this total is down from a year or two ago, it is still alarmingly high when compared to better times. More importantly, it appears that foreclosures will … [Read More...]
The Politics of Housing
It’s January of an election year, meaning plenty of hot wind even in winter! Interestingly, the issues of housing such as difficulty in accessing funds and the fact that a startling number of Americans have lost their homes have not featured prominently … [Read More...]
What to Know about REO
What is the government doing about foreclosures?
As the housing market in America heads towards its fifth year of decline, many have grown angry at the government’s relative inability to make any significant improvement in the market. Like with many hot-button topics, the public is divided on whether Uncle Sam should step up their efforts, or let things play out. In this [...]
How to avoid getting burned when buying a REO foreclosure
Every day, people get ripped off when buying real estate in countless ways for innumerable reasons including lack of preparation, overzealousness, and/or all-around folly. Most buyers head into the process swearing that they won’t be the chumps, but somewhere along the way they get caught up in the momentum of the deal and stop asking [...]
Keys to getting the best deal on REO foreclosure properties
In real estate transactions involving owner-occupants, each seller has a unique set of goals and a unique mindset with regards to the best way to get things done. This can make things tough on a buyer because they are limited in their understanding of what it is that is making the person on the other [...]
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