off market foreclosures

FI_ForSale

Community Question: Banks selling directly

Deysi has a question for The Bank Foreclosure Guide. Deysi asks “do banks sell homes directly when someone fails to make their payments?” Below we will attempt to answer this popular question. Banks generally do not sell their foreclosures directly. As a buyer, you have to purchase in the manner the bank seller has directed. […]

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shadow inventory

What is shadow inventory?

If you listen to the media at all, you probably have heard the term “shadow inventory” when referring to the housing crisis or bank foreclosures.  Shadow inventory is a vague term and is often referred to in billions of dollars.  What is the shadow inventory? Investorpedia describes shadow inventory as…. A term that refers to […]

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