Foreclosure

Short Sale-title

Foreclosure versus Short Sale: What’s the difference?

Foreclosure sales are different than short sale transactions. A short sale occurs when the mortgage holder is still in control of the property. Short sales can be a good source of default properties. Understand how short sales are different than foreclosure sales.

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Five Things To Remember When Buying A Foreclosure

Foreclosures are abundant in today’s real estate market. Bank owned homes often represent an awesome opportunity to purchase property well below market value. Foreclosure listings are a distressed sale and require special considerations. Buying a foreclosure can be seeded with risk. Taking these simple steps can help eliminate that risk and secure a deal on a foreclosure.

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Buying a home at auction: Hudson & Marshall

Based in Dallas, HudsonandMarshall.com is a family business that has been up and running for more than five decades.  According to the site, their sales over the past five years have reached more than $5 billion, and they’ve sold more than 100,000 properties over the past 13 years. HudsonandMarshall.com hosts auctions in every state, and […]

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Bayview REO Foreclosure Listings

Bayview Loan Servicing is a national mortgage servicing company. When Bayview Loan Servicing forecloses on a property, they make it available on the open real estate market to interested buyers. Generally, this is done through a real estate listing broker that Bayview Loan Servicing utilizes to represent them. The listing agent lists the property in the local MLS system. In addition to the local MLS system, Bayview Loan Servicing maintains a public website of all their properties. You can learn more about the Bayview REO inventory by reading this article.

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Buying a Fannie Mae Homepath Property

Fannie Mae foreclosures are known as Homepath properties. Homepath foreclosures allows buyers to buy foreclosed homes with special financing and other benefits. Homepath listings are represented by local real estate agents and listed on the local real estate MLS system. Homepath homes are popular and a buyer should be prepared for multiple offers in a good market. Learn about the details of Homepath properties.

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The Bank Foreclosure Guide: Introduction

Foreclosures are prevalent in today’s real estate economy. Despite the negative sentiment surrounding the foreclosure crisis, investors and homebuyers are profiting from the new real estate foreclosure environment. Foreclosures present a great opportunity to purchase property at a discount. Our site endeavors to provide you, the foreclosed home buyer, with information you can use as a tool in your buying process.

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M&T Bank Foreclosure Listings

M&T Bank is a large regional lender that utilizes several different methods to sell their foreclosure properties. Through public foreclosure sales as well as real estate agents on the open market, M&T Bank offers their foreclosures to new home buyers. M&T Bank offers several web tools that are very helpful for buyers searching for a foreclosure property. Learn more about buying foreclosures from M&T Bank.

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Wells Fargo Bank Foreclosure Listings

Wells Fargo has a large number of foreclosed properties available for sale. Wells Fargo utilizes local real estate agents for selling their homes and has special financing programs for homes in need of repair. You should generally expect to wait about 48 hours for responses to offers from Wells Fargo. Read more about Wells Fargo foreclosures.

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