Investing in Foreclosures
by William Grigsby. When homeowners fall behind on mortgage payments, foreclosures may occur. A foreclosure is a process in which a financial institution repossesses or sells a piece of property because of a loan default. Mortgage lenders usually consider a mortgage to...
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How Does Foreclosure Impact your Credit Report?
by Dave Dinkel. How does a foreclosure effect your credit report is a perplexing question. This is because Fair-Isaac Company, who started the credit scoring system, will not share this information. What complicates the issue even further is that all the credit inf...
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Does "subject To" Financing Work With a Foreclosure?
by Dave Dinkel. "Subject to" financing is where a homeowner sells his home but leaves the existing financing in place and allows the new owner to continue making the monthly payments. The deed is always transferred at this time to another owner who will be making t...
What a Foreclosure Eviction Means
by Dave Dinkel. You can expect an eviction if your home is sold because of a foreclosure sale. Whether the sale is by auction, or by a trustee's sale, the eviction is the legal process by which a property owner physically removes a tenant or trespasser.Evictions fo...
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Increased Foreclosure Rates in US
by Mark Jones. The recent housing market boom has left many people in homes that they cannot afford with loans that they never should have been granted. This is resulting in a 72% increase in foreclosures from 2005 to 2006 according to recent reports. Foreclosure ...
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Acting to Stop Foreclosures
by philip smith. Among the new initiatives to help stop foreclosures is the Federal Housing Authority's refinancing product aimed at assisting thousands of families struggling to cope with the higher mortgage payments of resetting ARM's. To qualify, families must me...
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Dollar Stretcher Foreclosure Homes
by philip smith. Isn't there a way you can buy one of those foreclosure homes in your neighborhood or in the nearby suburbs and get a bargain investment? Consider this; chances are if you are noticing more foreclosure properties every month, that your local real est...
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The Keys to Bank Foreclosures
by philip smith. Imagine the pride of receiving your keys to your first home, a dream realised because of an incredibly well timed purchase from among an array of bank foreclosures. If you have been unable to realise your goal and buy that first home as house prices...
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Foreclosures May be your Answer
by philip smith. Have you given thought to what high levels of foreclosures in your city this fall could mean to you personally? It's a dream that many couples starting a family hold dear; raising that family in the traditional single family home with yard. There ma...
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Colorado Foreclosure Listings
by philip smith. How can Colorado Foreclosure Listings make that move interstate so much less of a hassle? Well, for one thing you can make sure you see how much more house you will get for your hard earned dollars if you buy from among the homes in the three stages...
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Illinois Foreclosure Law
by Alexander Thomas. Only Judicial foreclosures are allowed in state of Illinois.What is the processing period for foreclosure Illinois?Processing period is 210 days in Illinois.Is there any right of redemption in Illinois for foreclosure? No, Illinois does not offer ri...
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