Today I came across a story on a report that has surfaced from RealtyTrac. This company basically gathers information on all types of real estate related items, and specifically focuses on foreclosures. RealtyTrac has stated that home foreclosure short sales are on the rise. It appears that apparently, the banks are finally willing to [...]
You don’t need to have a really good credit score to buy a home, and many with bad credit become homeowners every day. Even if you have had a bankruptcy in your past, it’s still rather easy to be approved for a home loan. Home loans after bankruptcy discharge will carry much higher interest rates [...]
Did you know that, according to RealtyTrac, in the month of July 2011, 1 in every 611 housing units received a foreclosure filing? According to the American Housing Survey there are roughly 128,203,000 housing units in the country. If my calculations are correct, this means that about 209,824 housing units were foreclosed on in [...]
When you have finally reached agreeable terms on your new home, the process begins to take off, and it actually moves rather rapidly. Sometimes so quickly that we tend to forget some very important expenses along the way. In the midst of the chaos, you should remember and be aware of the potential closing [...]