I know we get a good bit of people reading on foreclosures and they also use the links provided so I wanted to give a quick update since the official name switch has taken place. So far the only changes are in the letterhead and title, all links to the REO page [...]

Vendee loans are loans to help finance the purchase of VA REO Properties. Vendee financing is available for both veterans and non-veterans. Keep in mind this is for VA REO properties only, but is one of the best loans for investors out there. There have been some changes to the program since last year when [...]

Now that changes to VA foreclosures have been in place for a few months I wanted to try to explain how the new system works and where to get the info on it. Last year Ocwen Loan Serving LLC lost their contract to manage VA foreclosed properties and it was awarded to Countrywide. [...]

A big question from buyers and sellers is always the closing cost and who pays for them. A good listing agent always figures them into list price when doing a proceeds estimate for a seller. The banks, VA, and corporate owned lending institutions have bottom line figures they go by. I guess what I am [...]

The answer is yes to all buyers. I have included this in the articles for sellers also for good reason. I am a true believer unless you are a experienced home inspector or a general contractor licensed in electrical, heating, air and plumbing you need someone familiar with all of these systems to look at [...]

One big misconception that I have to explain to clients allot is how companies determine the list of foreclosed properties. Most people guess that they can buy a foreclosure for what is left owed on the original loan that was foreclosed on, or that the price it sold for on the court house steps is [...]

I was reading an article from a daily news letter I receive to stay up to date on current events in our Real Estate world and I noticed an advertisement for a company that was giving information pertaining to the article on foreclosures. So I clicked it and when I arrived at their site I [...]

Reading this post about investor exit strategies brought a few thoughts to mind that I have on the issue. This is classic of what is happening because of all the people jumping on the investor band wagon with little or no experience or a good agent to guide them, also don’t forget the hyped up [...]

This will be the first of a series of articles concerning the purchase of foreclosures. We will cover VA, HUD, CORPORATE and GOVERNMENT FORECLOSURES.
I will start with where to find foreclosures and how to work with a broker concerning them. First and foremost if you subscribe to a foreclosure site and it costs you [...]

The mere thought of the impending tax season can give most people heartburn; and if you are a new rental property owner…