Delinquent Florida homeowners could be getting long-delayed foreclosure notices after a court ruling cleared the way for lenders to bring back cases that have stalled for several years. The Florida Supreme Court ruled last month that lenders can refile foreclosure cases against owners still in ... » Learn More about Could court ruling bring about more foreclosures to market?
Foreclosure
5 fairly typical errors when purchasing short-sale homes
A foreclosure or short-sale home might tempt a buyer with the promise of a great deal, but it's important for buyers to protect yourself from common mistakes. A short sale occurs when a homeowner sells a property for less than the total amount owed on the mortgage, therefore the lender isn't ... » Learn More about 5 fairly typical errors when purchasing short-sale homes
Loan problems and misrepresentation declines nationally
Low interest rates and far better loan processing have produced the smallest national degree of loan defect and misrepresentation in the recent past, according to First American Financial Corp. The financial firm’s Loan Application Defect Index shows defect and fraudulent information submitted on ... » Learn More about Loan problems and misrepresentation declines nationally
Tax Lien Investing Consider these 5 Important Risks
Purchasing a tax lien or tax deed may sound easy. You go to an auction, buy a lien or deed, and after that collect interest on the lien or take title to the property. An investor could possibly get some really good returns (as much as 18%) or get a property for pennies on the dollar. But those ... » Learn More about Tax Lien Investing Consider these 5 Important Risks
What buyers should be aware of before purchasing public auction foreclosures
When investors purchase foreclosures through the MLSs, they normally are capable of gaining access to the interior of the property before making an offer and know that they will be guaranteed clear title before they close. But, with these two benefits comes the fact that numerous investors are going ... » Learn More about What buyers should be aware of before purchasing public auction foreclosures