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Entries Tagged ‘Foreclosures’

What’s the difference between a regular foreclosure and an REO foreclosure?

BlackDahlia asked:

I’ve been looking up foreclosures at the county office to buy a foreclosure (the ones about to be auctioned). Someone said I should be looking at REO foreclosures. What’s the difference, and how do I buy one and or get info on these?
 

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Given Michigan’s bad economy, if we lose our jobs (not unlikely), will the bank work with us to save our home?

Fancy That asked: (there are 4,500 homes for sale in one county, about 25% of which are foreclosures). I mean, with a backlog of repossessed and abondanded homes, it should take over a year to sell ours.
Any info on this process will be appreciatedCaffeinated Content

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How To Stop Foreclosure Before It Happens

Your home is your castle and nobody wants to lose his or her home. Have you seen all the foreclosures in the news lately? If you are facing this dire situation as well, there may be a few things you can do to help yourself. Learn how you can stop foreclosure before it is too late.

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Foreclosure Short Sales and the Tooth Fairy

Mark Walters asked: For the last two years the real estate short sale has been a popular topic of conversation with investors as well as home buyers and sellers. Yes, but is the idea of a short sale much like kissing a frog with the hope it will turn into a handsome prince?A short sale [...]

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