Lenders are finally coming to terms with short sales – and it’s about time. In the past, it has taken anything up to six months to get anywhere near a settlement on a short sale, and while the timelines are not dropping dramatically, lenders are starting to look favorably on the short sale principle. On [...]
As property prices slowly start to rise, many buyers are looking for bargains that could and should almost immediate gain equity. This occurs when a buyer can find real estate that is selling for below its current market value. Where do you find those properties? In the foreclosure market. There are three areas that are [...]
Foreclosures are fairly common at present and savvy buyers are finding real estate bargains everywhere. However, sometimes the real key to finding a foreclosure bargain is knowing when to act. The foreclosure process may be relatively short, however, you buying opportunities could be much longer. Traditionally, those looking for foreclosure bargains made their purchases on [...]
