Is the Foreclosure Wave Coming?

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.[...]

Zombie Foreclosures &Vacant Properties

No “Walking Dead” Here – Zombie Foreclosures Disappearing

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[...]

Academy Mortgage Weighs Benefits of Buying New Construction

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[...]

Looking for a Great Deal on Home and Financing? Check HomePath!

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[...]