So what happened to the foreclosure relief for millions that was supposed to result from the 75 billion dollar bailout that was handed to the banks back in February? It's about time for a progress report on how well the government has fulfilled their promises regarding the stimulus package. Since February, a whopping 1,700 borrowers have received new loans under the loan modification program. (more…)

I personally don't think most real estate investors should bother trying to negotiate Short Sales themselves. Frankly, it's just too time-consuming for most people and the stress of being put on hold and arguing with the banks' loss-mitigation people is just too distracting to your overall business. (more…)

Bank properties are available in two distinctly different categories. First, pre-foreclosure properties are those pending public auction or public sale. Second, post-foreclosure sale properties are those that appear on a bank's balance sheet if the bank was the highest bidder. The best lists include both types of bank property. (more…)

Buying a foreclosure home is always a lucrative deal due to the cost benefit and when you are buying a foreclosed home through Columbus foreclosures it is even better due to several advantages of Columbus City. You can easily find foreclosures in Columbus through several options available. (more…)

Foreclosure process is the process of taking away the rights of property from the home owner due to non- payment of loan or tax amount and subsequently selling it at an auction. Several benefits of foreclosure process include discounted price, no legal hassles, getting a good locality, furnished house, easy and low interest loans. (more…)

Back-to-back short sale closings are certainly the cheaper way to do the closing, but it's not the only way. The big thing to remember about holding onto the house for a month is that you have an exit strategy so you're not going to get stuck with the property. (more…)

There is a method of buying and selling real estate by investors known as "Subject To." Most people who are not in the real estate investment arena have never heard of this way to construct real estate deals, because it is outside the boundaries of standard real estate financing. Banks and mortgage companies despise this type of real estate deal, because it takes them out of the position of control and power over you and your property. (more…)

When banks reject your short sale offer, do you just easily walk away? What should you be doing? Find out how… (more…)