By Ninah Hunter on July 21st, 2010
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We hear a lot about “foreclosures” and buyers and investors looking for “foreclosures” and real estate agents advertising “foreclosures.” In fact, what most of these people are referring to are REO (real estate owned ) properties, that is, real estate owned by the bank. These are properties that have actually gone through the legal foreclosure [...]
By Ninah Hunter on March 30th, 2010
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Home sales have become increasingly popular. Home owners unable to make their mortgage payments will eventually find themselves being served with a foreclosure notice from their bank or lender. In order to stop the foreclosure they can opt to ask if they may move towards a short sale. This is an [...]
