The public, when it comes to investment opportunities, is usually late and guilty of betting on the wrong pony. It's just the way it is always been throughout the history of our republic. Depending on...
In earlier years, "Flipping" was a negative term utilized by governmental agencies to designate a mortgage fraud situation where there was massive collusion between, straw buyers, appraisers on the ta...
Calls for bids on mortgage portfolios containing lower credit score and higher risk loans based on Stated Income, No Income, No Ratio, No Doc are going unanswered. As originators of these "flavor ...
There is just too much at stake for the lender and the borrower. Being proactive is the rule of the day. In the area of Adjustable Rate Mortgages, lenders are pre-empting "payment shock" by calling mo...
Foreclosures in the country have pushed past over one million homes. Couple that with folks just trying to sell their home for whatever reason and there is a glut of homes in many markets. While this ...
Foreclosed homes are regularly set on the market by the two major home lenders: government agencies and banks. Be they government foreclosures or bank foreclosures, what matters most is that they c...
Buyers are seeing many more homes for sale today with terms like REO, foreclosure, short sale, and others. All these terms have something to do with a bank, but here's an explanation for each: Bank O...
REO property is one of the best ways to buy real estate at below market value. REO means real estate owned by a bank. When the owner of a property does not pay their mortgage the bank that holds the m...
Overpricing REO is a risky move for both agents and investors because of the consequences associated with vacant homes and time on the market. Some of the problems we can expect to see with overprici...
In the wake of negative news after negative news stories filling page after page of print media coupled with negative outlook stories air time on radio and TV the public is found pacing the floor wond...