Archive for the 'Foreclosure' Category
Posted by Louis Dixon on 9th February 2008
For those looking for a deal on real estate, turning to foreclosure properties is a great way to save. Since banks and borrowers alike are mostly trying to make up nothing more than what they invested on a property or what they owe, respectively, this gives you a chance to purchase a house below market [...]
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Posted by Laura Perry on 2nd February 2008
Today many homeowners are being pushed into foreclosure; others are waiting to make the purchase or downsizing to condominiums or apartments. This is causing a boom in the market for min-storage units. The mini storage market is growing across the country. Many investors are getting into managing or owning these storage units. As with anything, [...]
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Posted by Ann Hunt on 30th January 2008
When you buy a house, you usually put some money down and then you have a mortgage or a house note. This house note goes to the bank to pay for the loan, or mortgage, that allowed you to live in that house without needing all the money up front. However, when that mortgage payment [...]
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Posted by Raymond Ross on 21st January 2008
A foreclosure for sale comes about when a lender is allowed to recover the amount owed to them by either selling or retaking ownership of the property. Usually the owner has defaulted on their mortgage or loan payments over a period of time. The process begins when the lender does a public default notice. The [...]
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Posted by Ryan Simpson on 15th January 2008
Foreclosures are the legal way to repossess or sell a house when the owner does not make mortgage payments. Unfortunately many owners have fallen prey to house foreclosures due to many reasons such as, adjustable mortgage rates (which turned out to be higher then they could afford), credit card debt and/or accidents that led to [...]
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Posted by Scott Stewart on 12th January 2008
Homeowners faced with major changes in their financial situation are often faced with foreclosure as well. Foreclosure is the process where by the creditor or bank works to make the homeowner or person on the loan pay the amount owed. Pre foreclosure is the grace period the bank or creditor allows the homeowner to come [...]
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Posted by Bruce Nelson on 10th January 2008
When the IRS does an audit on a person, they are researching the amount of money the person claimed on their tax documents to see if it is actually what they made. Sometimes, the IRS discovers that a person owes hundreds, sometimes thousands of dollars in back taxes. In cases like these, the government tends [...]
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Posted by Louis Dixon on 8th January 2008
Real estate foreclosures are an unfortunate reality of life at times. However, if you are looking for a way to invest some extra money, these types of purchases can bring you a good return on your investment. The key in real estate foreclosures lies in understanding the process, and knowing how and where to find [...]
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Posted by Raymond Ross on 30th December 2007
Today there are many RVs on the road and they are not just for retired couples traveling the country anymore. RVs or recreation vehicles are homes or living spaces on wheels and they can have all the comforts or luxuries of home. People use RVs for travel, as a comfortable vehicle or as a motor [...]
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Posted by Louis Dixon on 22nd December 2007
Georgia is situated in the heart of the Southern States and is a wonderful place to find a job in, and has plenty by way of entertainment value as well as cultural offerings. Georgia boasts of wonderful historical sites as well as some outstanding golf courses along with many wonderful beaches. In spite of all [...]
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Posted by Joan Harris on 18th November 2007
When a property’s mortgage is stopped from being redeemed, it is said to be in foreclosure mode. Sometimes, it even means getting repossession of the mortgaged property of an owner that has failed to pay back the loan upon it becoming due. Because of depressed property markets, it often happens that the number of foreclosures [...]
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