Foreclosed Properties, Where do I Start? Before you do anything you need to know a few things. The first is the value of the homes you are looking at. This is a good point to hire an investment property adviser. They can get you the comps that are necessary for you to know just what [...]
The Mortgage Business is Holding its Breath
May 8, 2012 By Leave a Comment
We Should See More Home Sales We should be seeing more home sales throughout the Country. The interest rates are the lowest ever and home prices are at their lowest in years. It is traditionally, the perfect time of year for home sales. Families want to purchase a new home and be situated before the [...]
Build the Ark or Wait and See on Foreclosures?
May 7, 2012 By Leave a Comment
Where is the Flood of Foreclosures? For the last several months we have heard from experts, right and left, that the flood is coming; build the ark and batten down the hatches. The flood of foreclosures and short sale inventory was soon to be released by the banks that had been holding them back until [...]
There is a Rise in Vacation Home Buyers
May 7, 2012 By Leave a Comment
But, Not in the Usual Vacation Spots People used to buy vacation homes in the touristy places in Florida, Southern California, Cape Code, and the Hamptons. Places far from home and even out of the country. With the way things are going here at home; vacation home buyers are now looking a lot closer to [...]
Buying a Foreclosed Home?
April 30, 2012 By Leave a Comment
Go Into it With Your Eyes Open Buying a foreclosure is not like buying a non-distressed home (a home that is move-in ready). Foreclosures or short sale homes have a lot of negatives. They could have been vacant for months or years; they usually have some structural damage due to neglect; like broken pipes in [...]
