If you haven’t seen the increasing number of For Sale signs with a “foreclosure” sticker or sign rider, you’ve been under a rock for the past couple of years. These days, foreclosures have been commonplace in every neighborhood, from $80,000 homes to $1M+ homes. The public is getting increasingly savvy in purchasing foreclosures because after […]
Because you would need to sell your home for less than the loan amount, you are faced with possible foreclosure or bankruptcy. With a short sale, you would be working with your mortgage company to sell your home as quickly as possible and at a price the mortgage company will need to accept. Since selling your home in a short […]
I recently had an interesting conversation with a multi-millionaire. I shared my findings about some of the incredible real estate bargains available now in our area and went on to make the point that 2011 was the year to buy real estate. He asked me why I still loved real estate as an investment, even […]
In a recent study, the Chicago Booth/Kellogg School Financial Trust Index found that a full 36% of Americans would consider “strategic default”—another term for walking away from your mortgage—if they were underwater (owed more on their home than what it was worth). Now that more than one in four American homeowners is “underwater,” I feel […]
5 Steps for a Successful Short Sale Lenders and the federal government, prompted by the sheer volume of loan modification and short sale requests, have overhauled their systems and programs, making the foreclosure avoidance process much easier than in the past. If you are considering short selling your home to avoid the financial and emotional […]
If you are behind on your mortgage and facing foreclosure on your home, here are 10 reasons why you should consider a short sale or some other option rather than letting the bank foreclose on you: 1. You will always have to disclose that you have had a foreclosure on any mortgage application and many […]
Whether as an investor or a home buyer, foreclosures and short sales offer an opportunity to buy properties at “below market” values. As I said, it offers “an opportunity” – the process is not easy and it is not normally a short process. Link to Foreclosed Homes (REO) in the Jacksonville NC area and surrounding […]
Whether as an investor or a home buyer, foreclosures and short sales offer an opportunity to buy properties at “below market” values. As I said, it offers “an opportunity” – the process is not easy and it is not normally a short process. Link to Foreclosed Homes (REO) in the Jacksonville NC area and surrounding […]
If you are looking for homes that have been foreclosed on (REO or Bank owned homes) and are now available for sale, just click on the link below: Jacksonville NC Area Bank Owned Homes and Foreclosures These Bank Owned Homes are listed not only in Onslow County but in many of the surrounding counties: Duplin, Pender, Jones, Craven, […]
