Buying a house can be expensive, especially if you want to find your new home in a popular neighbourhood. This is why many future homeowners seek to tap into the foreclosure market. There are multiple reasons why a home goes into foreclosure. Usually, the owners have experienced a major lifestyle shift, such as loss of employment or unexpected illness. Whatever the reason for these homes for sale on the foreclosure list, they offer you the chance to get more home for your money.
Continue readingTag Archives: Foreclosure
5 Tips You Need To Follow To Recover From A Foreclosure Or Short Sale
According to the National Association of Realtors, 9.3 million homeowners lost a home between 2006 and 2014, which was largely tied to the infamous Housing Market Crash of 2007. Since then, real estate and banking loan policies have tightened up to prevent another housing crash, but there’s no question that foreclosure and short sales are devastating losses still happening today. Currently, there are nearly 1 million properties in the United States in a state of foreclosure. Continue reading