Foreclosure

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How Foreclosure impacts your credit

NEW YORK (CNNMoney.com) — If you’re delinquent on your mortgage, your credit score will suffer. Everyone knows that. The question is, by how much?
Until recently, those answers were hard to come by. Credit bureaus were uncommunicative about expressing, in points, just how much impact different foreclosure types of mortgage delinquencies have on scores

 
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April 22nd, 2010 | tmarchiol | 0 comments | Continued
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Just more reasons to Shortsale instead of Foreclose

There are many reasons not to let your home go into foreclosure.  We negotiate directly with the bank to shortsale your home instead of foreclose, and NO they are not the same….
TEAM Investments has created relationships that  give us the inside scoop on every program  the banks and government agencies are using or about to use.  […]

January 4th, 2010 | tmarchiol | 0 comments | Continued
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Amid Housing Bust, Phoenix Begins a New Frenzy

By DAVID STREITFELD
Published: May 23, 2009

Slide Show
A Hot Market in Foreclosed Homes
PHOENIX — Every weekday morning, Lou Jarvis drives the sun-baked suburban streets looking for investment gold: a family that will lose its house in a foreclosure auction within a few hours.  If the property looks promising, Mr. Jarvis puts in a bid […]

May 26th, 2009 | tmarchiol | 1 comment | Continued
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More shoppers considering bank-owned homes

posted by Marilyn Kalfus, real estate reporter
Homebuyers are still wary of risks or hidden costs in buying foreclosures. But more now say they’d consider a repo’d or distressed home — 55% vs. 47% last year, a national survey shows.   
The survey, released by online home tracker Trulia.com and Irvine-based foreclosures Website RealtyTrac, was conduced by Harris Interactive.
“The good news is […]

May 20th, 2009 | tmarchiol | 0 comments | Continued
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The Top 6 Mistakes of Foreclosed-Home Buying

Common pitfalls to avoid when attempting to purchase foreclosed property
 Newsweek
Posted November 6, 2008
  Nothing illustrates the devastation of America’s housing bust more vividly than the abandoned properties now blighting the nation’s communities. In the third quarter alone, foreclosure filings were reported on more than 750,000 properties in the United States, a 71 percent increase from the […]

May 12th, 2009 | tmarchiol | 0 comments | Continued
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The safest ways to buy foreclosures

By Bankrate.com With interest rates at record lows and the stock market looking too perilous for small investors, many people are putting money in an asset they understand — real estate.One of the best places to invest is in foreclosures and bargain residential real estate.The current market conditions make it a perfect time for a […]

April 21st, 2009 | tmarchiol | 0 comments | Continued
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“Steps To Take When Facing Foreclosure”

It has become a worry amongst millions of Americans, the fear of losing not just their home but their investment; their way of life. It is no longer just a concern among those who bought more home than they could afford or didn’t use the correct financing method. Foreclosure is also affecting those who have lost their jobs, are facing health issues and many other reasons. Whatever the reason may be, it is important to know what to do next to avoid any event of losing your home.

September 5th, 2008 | tmarchiol | 0 comments | Continued
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“Increasing Foreclosures Make Way For A Profitable Return In Mortgage Backed Security Investing”

By: lolajames

With the current rise of foreclosures, there is definitely an opportunity for potential earnings. It gives you the opportunity to purchase foreclosed homes and keep them as rental property. Or you can purchase them and flip them for a substantial profit. However, if you prefer an opportunity that is not so hands on, there is major earning potential in investing in funds that are Mortgage Backed Securities.

August 12th, 2008 | tmarchiol | 0 comments | Continued
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“Foreclosures: A Great Investment Opportunity For Many”

By: lolajames

The recent increase in foreclosures has been blamed on the boom the real estate market experienced in the past three to five years. Like all markets, the real estate market is always operating on an up and down scale. There are times when the market is doing extremely well and times when it slows down, like what we are experiencing right now. However, it’s all a cycle and continuously repeats itself. Knowing this gives us something to look forward to in this time of slow happenings.

August 11th, 2008 | tmarchiol | 0 comments | Continued