by Elizabeth Rush on April 14, 2011
Bank foreclosure listings in the metropolitan region of Raleigh-Cary, North Carolina rose in January 2011, according to a report recently released by CoreLogic. However, although the rate of foreclosure in the region increased during the first month of the year, it remained way below the average of foreclosure recorded nationwide during the same month.
Continue Reading: Bank Foreclosure Listings Increased in Raleigh
by Elizabeth Rush on February 14, 2011
by Elizabeth Rush on February 9, 2011
by Elizabeth Rush on January 21, 2011
by Jason MacDowell on December 22, 2010
Investors rely on their bank foreclosure list because they are aware that bank foreclosures are the most investor-friendly type of foreclosure. When banks repossess homes after a foreclosure they extinguish all traces of the mortgage to clean up the title for future buyers. Investors are assured that there are no hidden obligations to fulfill in terms of the property’s title.
Continue Reading: Breaking Through the Real Estate Industry with a Bank Foreclosure List
by Jason MacDowell on December 2, 2010
Bank owned foreclosures take place whenever a house owner falls behind on his home loan repayments. The loan provider will begin the property foreclosure proceedings and attempt to offer the home in public sale or auction. Should the house remain unsold following the auction, it goes back to the financial institution that provided the loan in the first place and become REO property. This can results to advantageous possibilities for individuals [...]
Continue Reading: Essential Information that you should Learn About Bank Owned Foreclosures
by William Dover on November 24, 2010
by William Dover on October 26, 2010
While the main draw of a bank foreclosure for sale is its discounted price, there are still a lot of pitfalls that can trap a buyer into a less than ideal purchase if they are not cautious. Some fail to plan for the long term considering that a home loan stretches out for up to a decade. Others get lured by the low cost of the property without properly considering the cost of repairs nor the location. Still others just are not up to the [...]
Continue Reading: Choosing a Bank Foreclosure For Sale Wisely
by William Dover on October 20, 2010
by Jason MacDowell on October 20, 2010