Welcome to Real Estate Foreclosure Guide
Yahoo Real Estate Foreclosure Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Risks Of Free Real Estate Foreclosure List
from:It seems like everyone out there in the real estate business is trying to sell or buy foreclosures. The most used tool used to do this is the free real estate foreclosure list. In some cases, the free real estate foreclosure list is offered on free trial for a membership site, so you can try out their services. You can get get free information from these sites, the city or county, and even government sites like HUD.gov. There are some risks involved in getting information from free sources that you should be aware of before making a final decision.
Outdated Information
Some lists aren't updated frequently enough and the information is outdated. This can cause problems if you spend a lot of time researching a specific property on the free real estate foreclosure list, only to find out it is no longer under foreclosure. In between the time the list was created, posted, and subsequently read by you, the owner may have found a way to pay back the bank, gone into bankruptcy (which stops the foreclosure process for a period of time), done a short sale, or sold conventionally. Don't waste your time assuming a property is still being foreclosed if you get it off a free real estate foreclosure list, always double-check its current status.
Insufficient Information
Obviously, the free real estate foreclosure list may not be as comprehensive as the paid ones. You want to be able to get as much information on a property before you buy: the square footage, the comparable market sales, the condition of the property, and the liens that might be outstanding. Even if you pay for a list instead of getting a free real estate foreclosure list, you will want to give the property a visual inspection and even see if you can opt to get a home inspector in too during the buying process. Some foreclosures allow you to do that, but you have to add a special clause to the contract.
Inaccurate Information
Buying foreclosures is a risky business. None of the information on a paid or free real estate foreclosure list is guaranteed. Foreclosures are sold “as is” and can come with huge repair costs and back taxes owed. You have to do your homework regardless of the information you find on a list, since it might be completely inaccurate. It is up to you, the buyer, to verify any information you get from any list, whether it is a paid or a free real estate foreclosure list.
Yahoo Real Estate Foreclosure News
Home tweet home - Chicago Tribune
 Chicago Tribune | Home tweet home Chicago Tribune While browsing listings on Yahoo! Real Estate, he found Dympna Fay-Hart, a real estate professional whose name was already familiar through a family connection. He decided to enlist her help with his search, which ended in the recent purchase of a ... |
REAL ESTATE: Texas firm targets homeowners with foreclosed 2nd mortgages - Press-Enterprise
 Press-Enterprise | REAL ESTATE: Texas firm targets homeowners with foreclosed 2nd mortgages Press-Enterprise Heritage Pacific was started by identical twin brothers, Chris and Ben Ganter, who once starred in a reality TV show, “PayDirt,” about investing in the Dallas-Fort Worth real estate market. The company's lawsuits often accuse defendants of misstating ... |
Texas company targets foreclosed owners' second loans - San Francisco Chronicle
Texas company targets foreclosed owners' second loans San Francisco Chronicle Heritage Pacific, started by twins Chris and Ben Ganter, who once starred in the real estate reality show "PayDirt," has spent millions of dollars since 2008 to buy at least 40000 second-mortgage notes from around the country, mostly in California. |
As the Class of 2012 Leaves Campus Life, Apartments.com and CareerBuilder ... - MarketWatch (press release)
As the Class of 2012 Leaves Campus Life, Apartments.com and CareerBuilder ... MarketWatch (press release) Providing unmatched exposure to its advertisers through an intuitive name, strategic search engine placements, featured partnerships including Yahoo! Real Estate, Univision and more than 120 newspaper websites and innovative emerging media, ... |
HOUSING PRICES ARE STABILIZING: Um, not exactly - OpEdNews
HOUSING PRICES ARE STABILIZING: Um, not exactly OpEdNews Similarly, Yahoo real estate claims there's over 8000 foreclosure properties in Phoenix, but Realtor.com lists less than 4000 homes of any type. AZHomeonline.net lists a bit over 4000, plus 312 foreclosures and shortsales. So are the foreclosures in ... |