Archive for August, 2008
Who’s responsible for the mass number of recent and upcoming home foreclosures?
John L asked: A significant number of people that don’t qualify for traditional home loans accept subprime loans to get into a home of their own, often without understanding that their mortgage will jump dramatically. Lenders, on the otherhand, are making loans to people that can barley make the starting mortgage and will find it [...]
Is there a free way to find listings of home foreclosures in my area?
xxthrash asked: I live in the Metro DC area (Suburban Maryland) and I want to find homes that are in foreclosure. I know there are alot of home owners with subprime loans that purchased more home than they can really afford. Many of those loans are resetting at rates these people can’t afford. Is there [...]
What percentage of commercial real estate is “For Sale By Owner”?
okthen79 asked: They say that 20% of the homes sold in the United States are “For Sale By Owner”. Do you know what percentage of commercial real estate is “For Sale By Owner”? I would think it would be a lower percentage, but I just don’t know what that percentage is.Content – Members-Only Content for [...]
Where to Find Foreclosure Listings
Sal Vannutini asked: A good way to get a cheaper home is to buy one that has been repossessed. How do you find one? Looking in the foreclosure listings will help you. You can find these by looking in your local newspaper and on the Internet. You can also go through an agent. Websites give [...]
How do I find commercial properties for sale by owner?
popydude13 asked: I need to find commercial properties for sale by owner in any US city. Preferably office buildings, where can I start?Content
What are some websites to advertise real estate as For Sale By Owner?
Joyful asked: The cheaper, the better! Thank you for all the help you can give me…in up-north, Michigan! Thanks! I guess the biggest fear in using a realtor is the market. Many houses in the area are selling for something like $20,000 less than their asking price. If such a hit is taken, it would [...]
Where can I find home foreclosures online for free?
Cat asked: I am wanting to look at home foreclosures in my area (arkansas) for free. I have found sites that charge you to look, I don’t want to do that.Content – Members-Only Content for WordPress
Investing in Foreclosures
William Grigsby asked: 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 be in default when payments haven’t been made in three months. When mortgage [...]
Anyone taking advantage of home foreclosures?
M♥ni asked: I’ve been hearing advertisments about home foreclosures. Has anyone had a good experience from getting a new home this way?Content