Buying pre-foreclosure property can be a real bargain; but, the process is complicated. The pre-foreclosure stage is in between the Notice of Default and the actual sale of the property. You should know that during this period, the house is not actually on sale because the owner may be able to pay off his loan […]
So, you’re all ready to invest in that remarkably beautiful villa with that “foreclosed” sign hanging up front! Investing in foreclosed properties seems like a great idea because the price you have to pay is not as much as buying a new home. However, there are certain aspects of investing in foreclosures which every new […]
There are both smart and dumb reasons to put money in the real estate market. And as a matter of fact, it’s difficult to gauge at any point in time whether the current real estate market is at its bottom-most point or not. It is highly probable that as soon as the current dust of […]
There are several reasons why one may consider turning to investing in real estate. Paltry bond returns, slighting bank interest rates and frenzied stock market fits are some of those. In such cases, resorting to rental real estate and generate supplementary income may seem like a good idea. Real Estate Investment, though, is not everyone’s […]
There are few markets as interesting and worth investing in as real estate markets. However, for beginners, certain pertinent terminology may sound like Greek and Latin. For instance, the phrase ‘pre foreclosure’ might come across as a tricky term, but it is not as difficult to understand as it seems. What is a Pre-Foreclosure? Among […]
The real estate world is not merely about seeking the right property and buying it for the purpose of using it as an owner or investor. There are numerous cases where a property owner, in the course of paying off the loan amount, defaults and stops making any further payments to the lender. One of […]
What is a Pre-Foreclosure Property? A pre-foreclosure property features an unpaid loan, and the lender is most likely to sell it at a foreclosure auction. Such a property can be bought for at about 40% less than its real market value, and the entire process usually winds up quicker than a foreclosure. How to Recognize […]
A foreclosure auction is a legal process that ensues when a mortgagee, other lien holder, or simply put, a lender, gets a court order to auction a foreclosed property. This auction normally happens in the event that the mortgager, borrower or the property owner fails to pay off a certain balance of his loan amount […]
Foreclosure properties have always enjoyed a steady run in the real estate race but as of lately, foreclosure investments and auctions have been grabbing a lot of eyeballs and their fair share of attention. A property gets assigned Foreclosure status when the owner of the property has missed more than the threshold limit of mortgage […]
Everyone wants to try their hands on real estate investment which is considered to be the most common and safest way of becoming rich. But they are all reluctant to put their steps forward due to lack of proper knowledge. If you are reading this page I assume that you are one of them. The […]
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