Foreclosure Equals Pre-Foreclosure in Current Hot Real Estate Market Winter is here and, along with it, a pre-foreclosure wave. So says investor and residential real estate expert Cameron Dunlap of Real Estate Wealth Network. With housing prices hitting record highs and inventory at an all-time low, a homeowner facing foreclosure can sell their home before it goes back to the bank.[...]
Vacancy rates for single-family homes and condos nationwide are dropping, another sign of a strengthening economy and robust housing market. According to the 2018 Vacant Property and Zombie Foreclosure Report by ATTOM Data Solutions, the curator of the nation’s premier property database, nearly 1.5 million single-family homes and condos were vacant nationwide at the end of Q3 2018. This represents[...]
In this week’s Mortgage Minutes, Travis Evans with Academy Mortgage discusses the advantages of buying a new construction home instead of a foreclosure. During the economic downturn, foreclosures were a big ticket item because buyers felt they were getting the best deal. But now, with the Atlanta real estate market improving, foreclosures have declined. While you can purchase a foreclosed home[...]
Can you buy a home after a short sale or foreclosure? Absolutely. The bigger question is when. And that is a much harder question to answer. There are many variables that go into deciding when someone should buy a home after a short sale or foreclosure, and the real estate experts at the Equifax Finance blog discuss those variables in[...]
If you fell victim to foreclosure during the housing crisis or following the downturn in the economy, you are no doubt curious about when will be the best time for you to get back on the track to home ownership. The first indicator will be your comfort level with your finances, when your savings are right and when your credit[...]
We've all been through some rough times during the past few years thanks to the economic downturn. But, now that the market is getting better, many buyers are looking to start a new chapter in their lives by purchasing a new home in Atlanta. However, just how long will those bumps and bruises on your credit report keep you from[...]
If you are looking to help you get back on your feet and become a home owner again, PrimeLending is here to help! PrimeLending and Fannie Mae’s HomePath Program is designed to help make the most of foreclosure inventory by offering quality homes at low prices with low down payments, flexible mortgage terms and availability to those with less-than-perfect credit. HomePath[...]
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 actions homeowners take when driven[...]