Foreclosures
Homes in Foreclosure –Foreclosures and Their Impact on Borrowing
Article by G. Mundy The free-wheeling, frenzied-borrowing casual lending practices in play over the last few years have generated warnings from all quarters of the financial sector about the danger of overextended consumers and irresponsibly designed loans. The first signs of these warnings becoming reality became apparent this week as the Mortgage Bankers Association issued [...]
Capitalizing on Foreclosures as a Real Estate Investor
Article by business.fundifau There are foreclosures everywhere due to the global economy. Many investors have a prime opportunity to take advantage of these foreclosures and make a huge profit off of them. If you?re not an investor that has been around for a while then these tips will allow you to take advantage and capitalize [...]
Quick Definition of a Short Sale
A short sale is basically quicker and not as expensive as a foreclosure. A short sale is nothing more than negotiating with lien holders a payoff for less than what they are owed or rather a sale of a debt, generally on a piece of real estate, short of the full debt amount. It does [...]
Jackpot: Las Vegas Foreclosures
Fairly recently it had been announced that a foreclosed residence in Las Vegas that has been bought by the actor Nicolas Cage sold for almost five million dollars. This individual acquired the home for $8.5 million less than a decade ago, which means the commercial lender kissed goodbye nearly $3.5 million in the recent “investment”. [...]
