With the economy on its back, more homeowners are being forced to foreclose on their homes than ever. While this is tragic, it can also offer opportunities to people who would not otherwise be able to afford to buy a home. If you are in the market for a new home, you may be wondering …
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If you’re a cash buyer or are able to qualify for conventional financing, there’s no better deal than foreclosure homes for sale. In many cases, you are able to purchase the home below market value and walk out of closing with instant equity! Buying a foreclosure isn’t easy which is why it’s important to seek …
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Foreclosures continued to plague the U.S. housing market last quarter, while a a growing backlog has caused the length of the foreclosure process to drag on and on. Nationwide, foreclosure filings totaled 610,337 in the third quarter, an increase of less than 1% from the previous quarter, said RealtyTrac, an online marketplace for foreclosed properties. …
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Update (3/17/11): The House of Representatives Republican majority voted on Wednesday to withdraw funding for HUD’s Neighborhood Stabilization Program. The vote was largely along party lines. The measure is not likely to be heard in the Democrat-led Senate. *********** Original post: Last week, the House of Representatives voted to end two foreclosure prevention programs and …
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