All Entries in the "Foreclosures" Category

#AREFchat Academy – Short Sales 101

While statistics and reports suggest that we are in an economic recovery period, we are a long way from being in the clear. Unemployment rates are still extraordinarily high and individuals are struggling to pay all of their bills. With that being said, many homeowners are facing foreclosure. Foreclosures are bad all around – they [...]

Facing Foreclosure?

Recent headlines have called our attention to worried homeowners across the country who are facing foreclosure. Some of these homeowners are fed up, worn down and taking  it to the extreme – like the Moscow, Ohio man who bulldozed his home after reaching an impasse with the bank. While headlines report the facts on the [...]

January Foreclosure Rates Drop 10%

Rumors that the housing market downfalls are coming to an end may be true! According to a Realtytrac Report, January’s foreclosure rates were down 10% from December 2009. While these rates are still 15% higher than last January, we are obviously on the right track for getting these bank-owned properties off of the market. In other words, [...]

Foreclosure… Now What?

Many of us know somebody who has gone through the painful process of losing a home, or is facing a looming foreclosure. Those experiencing foreclosure can rest assured that life will go on, just in a different way. If you or someone you know is dealing with foreclosure, keep the following tips in mind:
The first [...]

2009 High Foreclosures=Time to Buy in GA

Unfortunately for real estate professionals, foreclosures surpassed all records in 2009. And, with increasing unemployment rates and wage cuts, economists predict improvements will be delayed at least another year. According to HousingZone.com, until the lenders start to get into principal balance reduction, high default rates will probably continue.

1/45 houses got at least one filing last year, [...]