help buying a foreclosure in Massachusetts
Boston Foreclosure Crisis Changes Housing Market
NECN published a story on Massachusetts Foreclosures recently. The video is embedded below. If you’re selling or buying a home, chances are you’ve noticed a change. In Massachusetts, that change is big. Esmerelda Thornton is a homeowner counselor at the Neighborworks center of Worcester. Her job is to help people facing foreclosure and first-time homeowners [...]
Massachusetts Foreclosure Plans Announced
$54.6 Million Available in Massachusetts Foreclosure Financing
Boston is one of four cities in the Commonwealth to receive more than $11 million dollars in direct aid to help buy foreclosed properties. Massachusetts will receive $43.6 million, and four cities – Boston, Brockton, Springfield and Worcester – will get a additional direct allocation totaling $11 million. Under the program, part of a housing [...]
The Boston Condo Loft Covers Boston Foreclosures
The Boston Condo Loft, a blog run by several real estate agents, has picked up on the interest for foreclosures in Boston. As part of their coverage of foreclosures in Boston, they’ve highlighted three Boston foreclosures that piqued their interest: $289,000 | MLS # 70874972 4 Story Street Boston, MA 02127 $325,000 | MLS # [...]
REMINDER: Boston Foreclosure Auction Today!
More than 400 foreclosed homes in Massachusetts and New Hampshire will be auctioned at 9:30 a.m. Saturday by REDC/USHomeAuction.com at the Westin Boston Waterfront hotel.
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]