Articles

What’s the difference between foreclosure homes and Real Estate Owned (REO) homes?

Simply put, a home goes into foreclosure when the home owner can’t pay the mortgage lender back for the home loan. When this happens, the lender attempts to sell the home in a foreclosure auction.
During the auction, the minimum bid must include the amount of the outstanding loan, the accrued interest, attorney fees, and any [...]

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How You Can Take Advantage of Strategic Foreclosures

Image by Getty Images via Daylife

Imagine purchasing a home that is being sold by a celebrity. It sounds impossible, doesn’t it? After all, celebrities have expensive mansions and you can barely afford the reo homes that you’ve been looking at. However, getting a fancy home just might be more plausible than you think. That is [...]

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Everything You Need to Know About Funding and Finding a Foreclosed Home

Purchasing a foreclosed home can be a very smart financial choice right now. There are many great homes on the market that are available at very low prices due to the fact that the economy has forced their owners into foreclosure. If you can locate the funding to purchase one now, you could be making [...]

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The Ten Best in RE.net This Week: April 10, 2010 Edition

1 ) How To Salvage The Mortgage Industry in Six Months – If rates skyrocketed would people stop buying houses or would prices just drop so that the payments stayed the same?
2 ) Would You Use The Same Real Estate Agent To Sell Your House Again? 80% Said No! – This is just scary and [...]

This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.

The Ten Best in RE.net This Week: April 10, 2010 Edition

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Review of Real Estate News of the Week – Sunday, May 9, 2010

With such a high-pace, fast-changing industry like real estate, at times it becomes difficult to get caught up with the comings and goings of what’s going on with the market. And in the spirit of being succinct yet informed, I compiled a list of newsworthy events in real estate for the past week

This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.

Review of Real Estate News of the Week – Sunday, May 9, 2010

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The New Good Faith Estimate: What You Should Know

We examine the 2010 Good Faith Estimate: What are the changes? How are you effected? What should you know? We answer your questions with our most recent blog post.

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Lending Options: What Realtors Should Know to Help Clients

Are you a Real Estate Agent? Check out these tips to help your clients out with finding financing for their next Real Estate purchase. We go over the things you should know to help your clients with their home buying experience.

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Riding the Wave of Change in Real Estate: How Real Estate Agents Manage

How are real estate agents managing the wave of change in real estate? We detail a few of the ways real estate agents are coping with the changes in the economic climate.

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The Ten Best in RE.net This Week: June 20, 2010 Edition

1 ) REALTOR, it is such a hot button word for many agents. How many agents are told they cannot use the word the way they are using it such as in website names . . . a lot of them. Realtor -vs- Real Estate Agent. When is it Appropriate to Use the [...]

This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.

The Ten Best in RE.net This Week: June 20, 2010 Edition

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The Ten Best in RE.net This Week: July 3, 2010 Edition

1 ) Times are changing. Fannie and Freddie over the last few years have been lowering the time required before you can get your next mortgage after you have a foreclosure or short sale. Now Fannie Mae Changing Guidelines For Strategic Defaulters which will make it harder if they determine you are a [...]

This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.

The Ten Best in RE.net This Week: July 3, 2010 Edition

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