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Foreclosure News

Owners become renters in bid to avoid foreclosures

Thursday Nov 5, 2009

Fannie Mae announced a new program that will allow struggling home owners to hold on to their homes as renters.


What to Expect: Obtaining a Loan on a Foreclosure

Friday Oct 23, 2009

Congratulations. You have been pre-approved for a loan and you found the house of your dreams. It's a foreclosure and you got it for a steal. The purchase contract has been ratified and your ready to close and move in 30 days..or are you?


When Landlord Faces Foreclosure

Friday Oct 2, 2009

June Fletcher explains what can happen to a tenant if their landlord stops paying the mortgage.


Are Distressed Homes Worth It?

Thursday Oct 1, 2009

Some foreclosed properties may be bargains, but many offer nothing but headaches as the majority of housing sales are distress sales.


How to find the foreclosure of your dreams

Tuesday Sep 29, 2009

Foreclosures aren't always good deals. Here's what you need to know.


How to Land a Foreclosure House

Sunday Sep 27, 2009

Amy Hoak explains where to find foreclosure homes, and what you should look for before buying one.


How to escape foreclosure despite losing a job

Friday Aug 28, 2009

Losing your job doesn't mean losing your home, but you need to create a plan for managing the rough months, even if you have an emergency fund.


Bankruptcy or foreclosure: Which is worse?

Thursday Jun 18, 2009

I don't know which will damage my credit score more, allowing my lender to foreclose on my house or declaring bankruptcy to buy myself a little more time.


Reel In First-Time Home Buyers

Sunday Jun 14, 2009

Between the federal tax credit and amassing foreclosures, it's a first-time home buyers market, meaning dense competition for sellers. Based on survey results, here are a few tips to help unload the real estate.


Home sales rise 2.9%, boosted by foreclosures

Wednesday May 27, 2009

Bolstered by the ever-increasing foreclosure of homes in the low-end of the real estate market as well as incentives for first-time buyers, pre-owned home sales nationwide rose 2.9%.


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