Category

Foreclosures

30Articles

Suburban houses in a quiet southwestern neighborhood

Buying, Coronavirus, Finance, Foreclosures

Why Homeownership is Still a Great Investment

Surprisingly, homeownership’s reputation as a safe investment took only a minor hit before rebounding in the 2012 Great Recession. Now, we’re entering an economic crisis that may be worse. But, here’s why homeownership is still a great investment.

Chicago Skyline Scene in the Old Town and Gold Coast Neighborhoo

Buying, Finance, Foreclosures

The Best Markets If You’re Looking to Buy a Foreclosure

Whether you’re in the market for a family home or an investment property, you will find that foreclosure filings and prices differ significantly from one market to another.

couple using computer to search

Buying, First Time Home Buyer's Guide, Foreclosures

Five Ways to Find a Bargain on a Home in 2020

Single family homes in America are more expensive today than they have ever been. However, inventories are slowly improving, and prices are growing at a much slower pace and, in many markets, sales have been relatively soft even at today’s low mortgage rates.

should you buy a foreclosure

8 Steps to Prevent a Foreclosure On Your Home

Dealing with foreclosure isn’t easy, but it’s possible to work your way through the process, and to stop it. Learn how to deal with home foreclosures now.

should you buy a foreclosure

Should You Buy a Foreclosed Home? Dismantling Foreclosure Myths

Find out the misconceptions when it comes to foreclosed homes and you can decide whether purchasing a foreclosure it the right choice for you.

buying a foreclosure

These are the Hot Markets to Shop for Foreclosed Homes in 2019

If you’re looking to get a great deal on a foreclosed home in 2019, here are five markets you’ll want to include in your search, from Homes.com.

Buying, Foreclosures, Local Market Report

Best Markets to Buy a Foreclosure Today

Just six years ago, more than a third of all the houses sold in America were “distressed sales,” homes lost…

how to find foreclosed homes in your area

Finding Bargain Foreclosed Properties in Your Area

Foreclosed properties can be excellent investments or affordable housing options. Learn how to find bargain priced foreclosed properties in your area.

buying a foreclosed foreclosure property home

5 Things You Need to Know About Foreclosures

If you’re considering buying a foreclosed property, be sure to consider these 5 key pieces of real estate information before you do.

Finance, Foreclosures

Cook’s Corner: Why Refinance? Why are Foreclosures so Cheap? How do Home Equity Loans Work?

Why should I refinance my home? Here are a few of the reasons people refinance: To lock in a lower…

Foreclosures, Glossary

On The Case: Open-Ended Mortgages and Foreclosure vs. Forbearance

What is an Open-ended Mortgage? An open-ended mortgage basically means that you can request an increase in a loan amount…

Buying, Finance, Foreclosures

Have You Been Through A Foreclosure? How To Become A “Boomerang Buyer”

A foreclosure is a disappointing experience but doesn’t have to mean the end of your days as a homeowner. In fact,…

Finance, Foreclosures

How to Save Your Home From Foreclosure: What You Need to Know

You can save your home from foreclosure. Here’s what you need to know and what you will need to do to save it.

Buying, Foreclosures

Signs of Good and Bad Foreclosures

Buying a foreclosed home could be the real estate deal of your dreams… or a money-draining nightmare. While it is recommended that you should always have a professional home inspection done prior to purchasing a foreclosure, here are a few things for you to consider during your foreclosure search… [read more]

Buying, Foreclosures

3 Ways To Buy Foreclosure Properties

Many novice investors think that just because a property is a foreclosure that it’s a good deal. Not true. In fact, many people lose a lot of money buying foreclosures. So, how can one maximize their profits and minimize his or her risk buying foreclosures? In this post, I’ll show you three unique ways to buy foreclosures, as well as the pros and cons of each… [read more]

Buying, Foreclosures

Foreclosure Auctions: How I Made $20,000 in 30 Days

I’ve been buying foreclosures since 2003. I’ve prided myself on being thorough with my research before making the decision to buy foreclosure real estate… [read more]

Buying, Foreclosures

Why Foreclosures? Part 1 of the Homes.com Foreclosure Series

It’s hard to read a real estate blog or section without seeing something about foreclosures today. Foreclosures have been one of the main reasons why the real estate market has been so bad for so long. Because of this, many people think that foreclosure real estate is a new phenomenon… [read more]

Buying, Foreclosures

Foreclosures: Everything You Need to Know – A Multi-Part Blog Series

Over the next several weeks, I’ll be discussing the current state of the foreclosure market, as well as sharing my input on how you can be a very successful real estate investor by purchasing foreclosed properties… [read more]

Buying, Foreclosures

Foreclosure DIY: Waste Management

Buying a foreclosure house often comes with a slight bit of TLC required. With a little bit of patience and a lot of willingness to put in some labor, a foreclosed home can be transformed into the perfect home… [read more]

Buying, Foreclosures

Foreclosure DIY: Curb Appeal

In most cases buying a foreclosure can be scary because you don’t always know what you’re buying; that being said, you pretty much know the condition of the exterior of the house as soon as you walk up. Most foreclosures will need help in the curb appeal department, but don’t fret. That can be a relatively easy fix with just a little bit of elbow grease… [read more]

Buying, Foreclosures

Foreclosure DIY: Give us LIGHT

This month in our Foreclosure DIY series, we want to hit on lighting inside your foreclosure purchase. Freshening up the lighting in your home can really make a difference. Sometimes the existing lighting in a foreclosure doesn’t completely match the rest of the home’s décor… [read more]

Buying, Foreclosures

Foreclosure DIY: Attack the Tile

The idea of buying a foreclosure is great, but you’ve got to be ready to get your hands dirty in order to fix anything that’s not up to your standards. As a continuation of our do-it-yourself foreclosure tips from last month, we’re going to tackle the tile!