Bob Smith

Foreclosure rates have jumped dramatically in 2006

Merrimack County foreclosure rate has jumped dramatically during 2006 with the rate up over 60% over 2005. In 2004 the number of homes lost due to foreclosure was 33, but the figure of 1991 when there were 610 foreclosures in the County was the highest i... Read >

Foreclosure Real Estate: Untapped Resources

With changes in the homeowners' financial situation like divorce, medical emergencies or losing a job, being able to pay their monthly mortgage payments have become difficult. If their financial situations do not change for the better, a foreclosure is us... Read >

Simple Guide to Repo Homes

For first time buyers, investing in repo homes will be more profitable compared to brand new homes. Sold up to almost half their market prices, these properties are just brimming with return potentials. Repo homes are also known as foreclosed homes. T... Read >

Foreclosure consultants are expected to increase

When homeowners receive a home foreclosure notice they often look for help from consultants who may not have the homeowners' best interest in mind and may instead take title to the about-to-be-foreclosed property, thereby cheating the owners out of any eq... Read >

Sizable growth in the number of foreclosures

Tracking of foreclosures in California's San Bernardino County shows a sizable growth in the number of foreclosures, in spite of the region's economic growth. Economic growth is ongoing, featuring development of the Southern California Logistics Airport a... Read >

VA Foreclosures: Golden Opportunities

The Department of Veteran Affairs has a program designed for assisting US veterans in purchasing their own homes. The program involves securing the mortgage loans of these veterans. In cases of mortgage default, the lender will have to foreclose the prope... Read >

Real Estate Foreclosures: Why They Are Hot Right Now

It has become common knowledge that investing in real estate can be very profitable. But with the many available real estate foreclosures, investing has even become more profitable. Since real estate foreclosures are usually sold at below average market p... Read >

Advantages of Bank Foreclosure Properties

In general, foreclosure properties can be classified into pre-foreclosures, bank foreclosures and government foreclosures. Pre-foreclosures are properties in distress and owners would like to sell it immediately to recover some equity they might have on t... Read >

Bank Foreclosure Homes: The Alternative to Renting

There exists an old argument between buying and renting, many people say that buying a home may mean more trouble especially if you are planning to move in 3 to 5 years. With the large amount of money paid for the mortgage, these people were better off re... Read >

How to Find Foreclosure Homes

Many people think they know how to find foreclosure homes. They may have some inside information about a few properties, or a friend in the banking or real estate business that can provide the details about some foreclosed homes. The fact is, however, tha... Read >

Bank Foreclosures – One of the Easiest Ways to Buy Foreclosures

Bank foreclosures are homes and properties that are currently owned by various banks or lenders. These banks own them because they are the result of foreclosure actions. The previous owners of the home had fallen behind in their mortgage payments and the ... Read >