Welcome to Foreclosure Guide
Tax Lien Foreclosure Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
The Quality of the Neighborhood is an Important consideration when Purchasing a Foreclosure Home
from:When you are prospecting for a foreclosure, home the neighborhood should be taken into consideration. We all want to have a great home, but the neighborhood also plays a big part in the value of the foreclosure home purchase.
Investigate the area:
• What is the surrounding property like? Is it well kept or rundown? Is it a residential area exclusive to homeowners or is there a mixture of homes and rental units sandwiched together?
• Is the community stagnant, deteriorating, or being built up?
• Is there commercial property in the area? Are their retail stores and grocery chains either already in the neighborhood are considering coming into it?
• Will you have easy access to retail outlets without having to use your car each time you need a loaf of bread or and gallon of milk?
• Do you have access to buses and taxis, trains, subways or other public transportation?
• How many for sale and for rent signs are visible? From a foreclosure home purchase standpoint, it is always a more lucrative investment if there are more homeowners than renters or tenants in the immediate area. Property values are higher in an area that caters to homeowners.
• Not only is it important to consider the condition and age of the foreclosure home you are considering, it is also important to look at the age and maintenance level of all the homes in the area.
• Similarly, consider the age and quality of the cars in the area as well as the city maintenance of the roads and streets. Are there quiet residential streets or busy thoroughfares?
• Are the sidewalks clean and litter free, is there a good quality trash collection system, are the public parks well maintained?
• Are there community centers, schools, training centers, career opportunities in the area or close to the area in which you would like to buy foreclosure home?
• How good are the schools rated in the area?
• Consider the noise factor if you will purchase a foreclosure home in the vicinity of a industrial park, opposite an elementary or high school, or within the downtown core where there is traffic congestion, night clubs and various other night life activity.
• What is the level of security in the area? Are there hospitals, clinics, fire stations, and police stations? Is there a neighborhood watch?
• What is the crime rate in the area?
As you can see from the details provided above that purchasing a foreclosure home is more than merely living in a home, it is a community investment. For more tips on community living click on the site U.S. Department of Housing and Urban Development
Tax Lien Foreclosure News
Vail Daily column: More on the Making Home Affordable Act - Vail Daily News
Vail Daily column: More on the Making Home Affordable Act Vail Daily News In this column, we will look at other aspects of the Making Home Affordable Act including: the FHA-HAMP, the VA-HAMP, the USDA-HAMP; Home Affordable Foreclosure Alternatives, the Home Affordable Refinance Program, and the Home Affordable Unemployment ... |
Tax lien deal struck in Winsted - Waterbury Republican American
Tax lien deal struck in Winsted Waterbury Republican American BY KURT MOFFETT REPUBLICAN-AMERICAN WINSTED — Laurel City Revamp can now begin clearing the liens on the former Capitol Products kitchen appliance factory on Willow Street. Michael J. Renzullo, a selectman and founder of Laurel City Revamp, ... |
THE CHIEF"S APPRAISAL: Several different directions possible for foreclosed ... - Odessa American
THE CHIEF"S APPRAISAL: Several different directions possible for foreclosed ... Odessa American The lien is in favor of all taxing entities that have the legal authority to tax the property. When taxes don't get paid, taxing entities can, and do, file lawsuits to foreclose on these tax liens. After a judgment is taken, the property may be ... |
Lil Kim Breaks the Million Dollar Tax Lien Mark - TMZ.com
 News One | Lil Kim Breaks the Million Dollar Tax Lien Mark TMZ.com Lil Kim is going to the tax lien Hall of Fame -- because the Queen Bee has run her bill with Uncle Sam into the seven figures ... TMZ has learned. Lil Kim's tax problems are well-documented and go back nearly 10 years. According to documents filed with ... Lil Kim - Lil' Lil Kim Hit With New Tax Lien Time To Pay Up: Lil Kim Owes More Than $1M In Taxes Lil Kim's Tax Bill Swells To Millions With New Lien |
IRS Files Tax Liens against Singers Lil Kim and Sean Kingston - Accounting Today
 Accounting Today | IRS Files Tax Liens against Singers Lil Kim and Sean Kingston Accounting Today By Michael Cohn, Accounting Today The Internal Revenue Service has reportedly filed tax liens against singers Lil Kim and Sean Kingston. The agency filed a lien against the property of R&B singer Kingston for $131379 in unpaid taxes from 2009 after ... Tax Lien Filed Against Shawn Kingston Sean Kingston Owes IRS $131000 in Taxes IRS to Sean Kingston: Pay up |