Protecting Your Foreclosure Rights
Protecting Your Foreclosure Rights
While people who are being foreclosed on have rights, you as an investor must be conscientious of those rights while still knowing when it is time to stand up for your own rights. Yes, believe it or not, foreclosure investors have rights, too. Let’s take a look at one of these laws that is meant to protect the individual losing the home and how you can use the same law to help protect yourself.
Right of Redemption
The Right of Redemption law gives the previous homeowner, the one whose house was just foreclosed on, a certain amount of time…
Top 10 Foreclosure Cities
Top 10 Foreclosure Cities
With the looming housing market, there are foreclosures popping up everywhere. Some markets have a wider range of foreclosed homes than others, but just about everywhere is feeling the blow. Let’s take a look at the top 10 cities for foreclosure investors based on the poll done by CNBC in 2010, listed in order by median price:
- Pittsburgh, Pa.
Foreclosure discount 59%, Foreclosure as a % of resales 10%, Non-foreclosure median price $123,000, Foreclosure median price $35,000 - Cincinnati, Ohio
Foreclosure discount 39%, Foreclosure as a % of resales 15%, Non-foreclosure median price $141,000, Foreclosure median price $65,000 - Columbus, Ohio
Foreclosure…
Finding The Right Bank
Finding The Right Bank
In the foreclosure-investing world, it is important to have the right bank backing up your decisions. You want a bank who will work with you as quickly as possible in order to seal the deal and win the bid on that prime foreclosure. Having a bank that does not work well with you and your timetables, even if they have great percentage rates, can hurt your business because you may end up losing those great foreclosure bids. There are four simple things to look for when determining if a bank is right for you and your foreclosure…
Alex Zimmer
Lisa Swan
Lucy James
John Hinds
David Brownley
ForSaleForLease.com.au
Liran Hirschkorn
Rich Keen
