4 Ways to Buy a Foreclosure

Below is a sampling of the types of deals available.
REO - REO stands for Real Estate Owned property which is owned by the bank.  REOs have already been through the foreclosure process, to the auction, and now offered back on the market.  Banks will hire REO specific real estate agents to help them sell properties.

Pros [...]

Buying a House After Foreclosure

Buying a home after a foreclosure has become a popular topics and due to the number of Americans have been foreclosured on lately.
Buying a home after a foreclousre could be challenging.  Most lender will look at your financial history as an indicator of what you will do in the future.  If you missed several [...]

How Long After Foreclosure Until Eviction?

In general, the bank will not start the foreclosure process until the homeowners are 3 to 6 months behind mortgage payments.  It can start as soon as your loan is in default (31 days late) but many lenders will give customers some time to get caught up, but you need to contact your lender right [...]