From the category archives:

Foreclosure Business

Bank Owned Listings Can Boost Your Real Estate Portfolio

by William Dover on September 24, 2010

Bank Owned Listings Can Boost Your Real Estate Portfolio

Most real estate investors turn to bank owned listings because they realize the potential to turn a good profit on these properties. Banks appoint licensed real estate brokers and agents to sell off their inventory of foreclosed homes, after these homes failed to sell in auctions. Banks are usually keen on selling off these homes as this is the only way that they can recover their losses from the mortgage default that caused the foreclosure.

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Foreclosed for Sale Prices Influence Rent or Buy Decision

by Paul McCain on August 11, 2009

Foreclosed for Sale Prices Influence Rent or Buy Decision

As foreclosed for sale prices pushed down the prices of all types of homes, the rent or buy decision is again becoming the focus of discussions among individuals, couples and families.

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Letting a Home Go into Foreclosure and Buying a Cheaper One

by Elizabeth Rush on August 3, 2009

Letting a Home Go into Foreclosure and Buying a Cheaper One

Because of the sharp declines in home prices across the country, many underwater borrowers are thinking of letting their homes go into foreclosure and just buy another one.

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NABE Sees Recovery from Foreclosed Homes List Inventories

by William Dover on May 28, 2009

NABE Sees Recovery from Foreclosed Homes List Inventories

The nation’s economy will start to recover from the effects of foreclosed home list inventories in the next several months of 2009, according to a survey of 45 economists who are members of the National Association for Business Economics.

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NC Governor Okays Foreclosure Bills

by Jason MacDowell on August 20, 2008

NC Governor Okays Foreclosure Bills

In an effort to reduce the number of foreclosure filings in the state, North Carolina Governor Mike Easley signed into law three bills that will give homeowners a chance to win their struggles with foreclosure.

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Foreclosure Seller Tip: Following Up on Your Potential Buyers

by Jason MacDowell on August 7, 2008

Foreclosure Seller Tip: Following Up on Your Potential Buyers

Following up on potential buyers, contrary to what many people believe, should not only be done when a potential buyer says “Goodbye” after checking out the foreclosure property you are selling. You should know that the follow up process actually starts as soon as potential buyers walk thru the front door.

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Foreclosure Seller Tips: Getting Your Asking Price

by Paul McCain on July 29, 2008

Foreclosure Seller Tips: Getting Your Asking Price

Market conditions dictate who will have the upper hand. Right now, buyers have all the advantage. With the large inventory of homes for sale, declining home prices and sluggish home sales, you can expect buyers to have the leverage.

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Haggling Makes Winners Out of Buyers

by Elizabeth Rush on July 1, 2008

Haggling Makes Winners Out of Buyers

Any consumer advocate will tell you that haggling is something usually encouraged. Some consumers feel like they are forcing the seller to negotiate, but this is not the case. Keep in mind that sellers usually have a wiggle room whenever they put a price tag on their products.

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