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Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Short Sale Definition - Making Sense Of The Short Sale Definition
In an effort to avoid foreclosure, some homeowners are contemplating the 'short sale.? It's an emerging trend that has many real estate professionals concerned. Short Sale Definition So here is your short sale definition -- a lender of a property allows the property to be sold for less than the ...
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What's Better? Two Foreclosures or Bankruptcy?
In the recent real estate boom of the last few years, many homeowners applied for and received second mortgages. These may have been in the form of Home Equity Lines of Credit (HELOCs) or as a 20% down payment loan for an 80/20 mortgage. When the house begins to go into foreclosure as the ...
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Parties Involved In A Short Sale
Short sales are one of real estate's most thrilling acquisition strategies. Short sales are about obtaining properties at good prices by resolving people's problems. Short sales are multi player win-win transactions. Here are the parties involved in a short sale. Satisfy them all and you will be ...
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Master The Mechanics Of Foreclosure - The Key To Being Effective In Pre-Foreclosure Investing
To confidently compete in the pre-foreclosure arena, every investor must master the mechanics of foreclosure. The events of foreclosure, the timeframes, the disposition of the proceeds of sale, and the effects of the sale ? these are all important landmarks in navigating through the foreclosure ...
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The Successful Real Estate Foreclosure Investor's Secret Weapon Technique
We're all taking a hit to our wallets--gas prices, insurance rates, property taxes. These are just a few of the factors that are contributing to the record foreclosure rates our nation is facing. To put it into solid numbers, RealtyTrac says "1.2 million foreclosure filings were reported nationwide ...
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Understanding Debt Cancellation and the 1099C
In recent years, the number of foreclosures has skyrocketed and short sales have become an increasingly popular trend. Many consumers have wondered how lenders recuperate the money lost from a mortgage after a discounted short sale. These unpaid charges are not a major concern for the lender, but ...
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Improving The Short Sale Strategy By Purchasing Properties Out Of Bankruptcy
Because of the current downturn in the housing and mortgage market, one of the better real estate investment strategies is the short sale strategy. Quite simply, a short sale is where the bank holding a mortgage allows a real estate sale to proceed even though not enough money is generated to pay ...
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Home Foreclosure Rates Are Soaring, Creating Short Sale Opportunities For Savvy Investors
The numbers are coming in and the picture for homeowners is grim: According to a recent report by RealtyTrac, the first three months of 2006 saw an increase of 72 percent in nationwide foreclosures. Economists are blaming a variety of factors, including rising gas prices, interest rates, insurance ...
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Tips On How To Stop Foreclosure?
Foreclosure is the process that mortgage companies use to try to recover the delinquent loans. The lenders do not want houses or any other real estate instead of money. They want the mortgages paid off and the mortgage payments current. If you have suffered a financial setback, there is a great ...
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Investing In Short Sales
Anyone actively investing in foreclosed and distressed properties has no doubt come across one major problem. Finding deals with equity! Trust us, this is a nationwide problem. There are so many foreclosures out there; unfortunately most of the homeowners owe what their property is worth. We find ...
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