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  • Current Trends in Pennsylvania Foreclosures and Real Estate By:-Jacquelyn Marks
    Although many states saw rates of foreclosure completion decline in March, a handful of states saw rates rise, including Pennsylvania, where foreclosures were up. Pennsylvania has a comparable foreclosure inventory to the national rate as measured against total available distressed real estate inventory.
  • Property Flippers Getting Flipped Off Foreclosures By:-Jacquelyn Marks
    During the real estate buying balderdash investors enjoyed from the late 1990s into the early 2000s, purchasing distressed real estate was commonplace, especially in large portfolios. The concept was simple: Purchase devalued land or property at massive discounts, renovate as needed, and then flip the finish product off the portfolio for a major profit before the market normalized.
  • Now Is the Time to Buy Foreclosure Properties By:-Jacquelyn Marks
    Stringent laws for foreclosures are already in the works as Kamala D. Harris, the attorney general of California, pushes for debt reduction on homeowners' mortgages in hopes of reducing foreclosures. If you are hoping to find a cheap house to buy, now is the time to do so. Now would be the time because at least before the number of foreclosed properties is likely to drop because of the approval of such proposed laws.
  • How to Prepare for an REO Sale in Seven Simple Ways By:-Karim El Sheikh
    You know you have the perfect house to sell. Your Broker Price Opinion (BPO) listings are practically screaming to be sold. You have already overseen repairs and seen to the fact that the house looks great. You even did a little landscaping on the yard, just to give your potential buyers an idea of what the home will look like.
  • Wrangling the Foreclosure Network: Getting Through Customer Service By:-Jacquelyn Marks
    If you are dealing with a big bank, chances are you spend hours waiting for the customer service representative on the other line to pick up the phone. You are probably frustrated because you get transferred to multiple departments or hate the impersonal robot who patiently tells you which department to choose. Here are some tips to get through and get the most from your bank's customer service hotline.
  • Is Selling an REO property a good fit? By:-Karim El Sheikh
    Are you looking for a way to supplement your income in a big way? Then selling Real Estate-Owned (REO) or bank-owned properties may be just the thing for you. You may be asking yourself, is selling repossessed homes something I can do?
  • Foreclosure Feeling: Dealing with Real Estate Depression By:-Jacquelyn Marks
    Are you feeling depressed because of the market? You are not the only one. Dealing with the amount of foreclosures and the fall of the real estate market has caused a rise in depression (as much as 37 percent of people facing the foreclosure axe) and yes, even suicides among the affected.
  • Differentiating Between Inexpensive and Undervalued Properties By:-Karim El Sheikh
    The foreclosure tsunami has started to subside and the prices of foreclosed properties have begun to stabilize. After the burst of the U.S. property bubble in 2008, the national economy is now beginning to show some significant signs of recovery despite the fact that the prices of homes remain relatively low compared to the pre-bubble burst. The subprime meltdown has forced many Americans into foreclosure, while others have resorted to selling at less than the appraised value to settle their mortgages and at least still make some money in the process. For most homeowners who are caught in the property bubble burst, selling before foreclosure is the best option.
  • Making Profits from Foreclosed and Preforeclosed Properties By:-Jacquelyn Marks
    Investors always have the opportunity to make profits even during times of economic downturns. You really do not need to become an expert financial analyst or an economist to realize that there is good prospect of making money from foreclosed homes. This is especially true now that the economy is showing signs of recovery.
  • Investing In REO Property Is a Good Idea By:-Karim El Sheikh
    Along with foreclosures, Real Estate-Owned (REO) properties are the next big thing among investors. An easier transaction and other benefits continue to attract seasoned veterans and newbie investors alike. What other factors make this a lucrative investment? Read on and find out more.
  • What to Know About Foreclosures By:-Jamie Mathwig
    The mortgage is a promise to repay with interest over a specified period of time, with the consequence of being foreclosed on, and/or sued by the money lender. The lender is usually a bank, but mortgages can also be obtained through other secured creditors.
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