Foreclosure - Understanding the Pros and Cons of the Short Sale

Homeowners facing foreclosure in California have approximately 120 days from the Notice of Default (about 4 months) in order to resolve their outstanding mortgage debt. When a homeowner finds themselves in this situation, the most proactive step a homeowner can do is to act...

Government Foreclosures - Don't Mess With The IRS

An IRS audit will cover all sorts of interesting things; but the actual, as opposed to the declared, amount of a filer's income is the one with which the IRS is most concerned. When an audit shows that someone earned far more income than he or she has declared, there will be both back taxes and interest fees to pay.

Legal Pitfalls - Whether Or Not To Buy Foreclosure Properties

If you are considering buying foreclosure properties you must be aware of local foreclosure laws. These laws have a significant impact on the foreclosure process in any given area.

Would You Trade a Title Agency For Foreclosure Work?

That's basically what a Cleveland attorney did. Read on to see why Frank Chapman gave up his title agency in order to make an estimated $173.7 million from the government selling foreclosed properties in Ohio and Michigan.

Home Mortgage-ARM Resets and Foreclosures

There is definitely a relationship between the recent boom in the housing market and the current record rate of foreclosures today. It is not a pretty picture.

Foreclosure May Not Be Your Only Option

I get it. I have been there. You are dangerously behind in your mortgage payments and you can't seem to catch up. You're getting the letters and phone calls that lead you to believe that you have no other option. Foreclosure seems eminent. That's not necessarily the case.

Legal Details You Need To Know About REO

With the housing slump, followed by the recent subprime market meltdown leaving a flood of foreclosures in its wake, lenders, brokers and agents have tried to rebound with real estate-owned (REO) properties. But breaking into the distressed property or REO market is difficult unless you know the ropes - and the competition for foreclosures, today, is fierce. Just ask Steele V. Propp, foreclosure specialist/loss mitigation consultant, for the Bank Owned Property Division of the Minneapolis-based Schatz Group, GMAC Real Estate.

Top 7 Reasons Why FSBOs Fail To Sell Their Home On Their Own!

In the United States, less than 10% of all For Sale by Owners (FSBOs), are successful in selling their home by themselves. That*s because most people just give up because they don*t realize from the ...

Houses For Sale By Owner - Negotiating Tips

You might think buying houses for-sale-by-owner would be the same as buying those listed with a real estate agent. There are differences, however - important ones.

The Secret To Marketing Your FSBO Home For Sale

You’re ready to put your home or land (house, townhouse, condo, apartment, farm, ranch, finished lot, raw land, etc.) on the market as a FSBO (for sale by owner). How do you go about marketing your FSBO? Read on.

Homes For Sell By Owner - FSBOs and Buyer Brokers

You’re selling your home as a FSBO (for sale by owner) and you get annoyed when real estate brokers call you, right? However, when a “buyer broker” calls, you might want to listen.

For Sale By Owner - Use This Tip To Sell Your Home Quicker and At a Better Price

Your house is for sale by owner (fsbo), Along with columns of countless other FSBO's in the Sunday paper. This one little trick will enable you to have your Ad Noticed by more potential buyers. More buyers means you to sell your home quicker and at a better price.

The Secret to Negotiations for FSBO Sellers

When it comes to buying or selling a home, the idea of having to negotiate can be intimidating. Let’s debunk some myths about negotiating, shall we?

For Sale By Owner - Prepare for Success

When it comes to selling your own home the best way to be successful is to be prepared. Do your research and get your hands on as much expert information as you can.