Archive for January, 2009
Top 10 States By Foreclosure Filings in 2008
John Ford reports the Top 10 States By Foreclosure Filings in 2008
State Filings Per Household*
California 260,709 [...]
Buy Foreclosures With No Money Down
Buy Foreclosures With No Money Down
You’ve found the perfect foreclosure property to invest in. However, the problem is you don’t have enough saved for the down payment on the financing. You don’t want to miss the opportunity to purchase the property, so you must come up with some creative ways to make the down payment.
Do [...]
Buying A Foreclosure Through Bank Foreclosures
Buying A Foreclosure Through Bank Foreclosures
You have decided to purchase a home through a foreclosure sale. One of the best ways is through bank foreclosures. Bank foreclosures are simply the homes and properties the bank has taken back from the original purchaser through foreclosure. The owners of the property have fallen behind in their payments [...]
“How to Purchase a Foreclosed Property” Seminar in Boston
The City of Boston is hosting a seminar entitled “How to Purchase a Foreclosed Property” on Tuesday February 3, 2009 beginning at 6pm at the Boston Home Center. This seminar will be the first of many seminars offered by the City on this topic.
Further details are listed below.
When
Tuesday, February 3, 2009, 6 – 8pm
Where
Winter Chambers
26 Court St
Boston, [...]
Buying a Foreclosure? Remember the Title Search!
While buying a home at foreclosure auction has serious upside potential, there are some risks. In particular, when one purchases a home at auction, the buyer takes on all of the liability of the property. The risks include:
liens (like mortgages, back taxes, mechanics liens, etc.,
assessments, and
easements (recorded legal rights to the property or portions of [...]
Buying or Investing in Foreclosures
Buying or Investing in Foreclosures
Real estate investment is a great way to make money. Investing that money in foreclosures you have a greater profit potential, especially with the property choice. Many begin their investing career in real estate, however, buying a foreclosure does have its risks.
The laws will vary by state on the purchase of [...]
All about Foreclosure Short Sales
All about Foreclosure Short Sales
Many homeowners are losing their homes to foreclosure. There are several steps involved in the foreclosure process, including ways to stop the foreclosure. These steps include refinancing with a loan officer, loan modification, selling the home, conducting a short sale or credit counseling agencies. Most states require a period of [...]
Hancock Tower in Downtown Boston Foreclosed
The Warren Residential Group reports that Broadway Real Estate Partners LLC defaulted on the $700 mezzanine loan they took on the Hancock Tower. The Hancock was part of a $3.3 billion portfolio acquisition by Broadway from local real estate firm Beacon Capital.
Broadway is now feeling the effects of a softening Boston commercial real estate market with tenants of [...]
Don’t Be A Foreclosure Victim
Don’t Be A Foreclosure Victim
You missed a mortgage payment a couple of times. Now you are receiving notices from you lender to contact them as soon as possible. You are one of the many experiencing difficult financial problems. You’re nervous and worried about foreclosure. Before you do anything rash, you should know there are steps [...]
Upcoming Foreclosure Auction in Boston
If you’re looking to purchase a foreclosed home in the greater Boston area, the upcoming auction, being held at the the Boston Quincy Marriott, should be a great opportunity. About 100 bank-owned properties from Boston to Charlton will be sold to the top bidder on January 31st, during a ballroom auction at the hotel.
Dallas-based [...]