When super storm Sandy rocked the northeast in late October it left many homeowners with destroyed or damaged homes. Some of those owners were banks who owned foreclosed homes, also known as REO.
How Real Is The Mortgage Buyback Threat To Wall Street?
Despite recent good news from the financial sector the fact remains that concerns we reported five years ago regarding mortgage buybacks have never gone away.
I encountered what I'm dubbing the Recycled REO phenomenon when interviewing a real estate agent in the Chicago area for an article I was writing for the Foreclosure News Report.
For the first time in almost three years, Nevada is experiencing a spike in the number of foreclosure, causing concern too many houses will flood the market.
The number of U.S. properties with foreclosure filings dropped 19% in October from a year earlier, but rose from September, according to market researcher RealtyTrac.
The number of U.S. properties with foreclosure filings dropped 19% in October from a year earlier, but rose from September, according to market researcher RealtyTrac.
For the first time in almost three years, Nevada is experiencing a spike in the number of foreclosure, causing concern too many houses will flood the market.
The number of U.S. properties with foreclosure filings dropped 19% in October from a year earlier, but rose from September, according to market researcher RealtyTrac.
It’s been quite a while since my wife and I have owned a home. For any of you who followed my real estate investor series earlier this year, you know that we own real estate.
Video Webinar: How the Election Will Impact REOs and Short Sales
Last week I had the opportunity to participate in a video webinar panel discussion on how the outcome of the presidential election will impact bank-owned home (REO) sales and other distressed sales.
Holding 20 electoral votes in its grasp — tied for fifth highest in the country with Illinois — Pennsylvania was a major player in the outcome yesterday’s presidential election between President Barack Obama and Gov. Mitt Romney.
Three Foreclosed Homes on One Street No Match for these Self-Directed IRA Investors
After a thoroughly researched conversion three years ago Lorraine Walls has quickly become an enthusiastic evangelist for self-directed IRA real estate investing.