What is a Short Sale ?
D.C. Fawcett asked: Benefits to the Seller of the property The seller wins by avoiding foreclosure by selling their home before the foreclosure auction even if they owe more than its worth.If sellers were to sell their home foreclosures the traditional real estate transaction with a realtor without a short sale, typically they would have [...]
Discover Why Investing in Hud Homes Can Bankrupt You Before You Even Start Your Foreclosure Investing Career
DCFawcett asked: I get asked all the time by new real estate investors if investing in hud homes is a good strategy. I will be recap in this article what I tell them….The increased demand drives up the price and new investors tend to get any and will buy based on emotion instead of logic [...]
Fannie Mae Foreclosures
Sal Vannutini asked: A Fannie Mae foreclosure is a great help to the many people in the USA who cannot afford a house of their own. The cheaper price ensures that there will also be a smaller monthly payment, reducing the risk of default and repossession of the home. This is good for the lender [...]
