Posted on September 19, 2009 by admin

Did you know that banks are holding back properties from foreclosure? How is this done, well let me explain. Instead of banks proceeding with foreclosing on delinquent homeowners, they modify the loans, knowing homeowners still cannot afford the property. This drags out the foreclosure process to keep the list of foreclosures down.

Now there are approximately 1.5 million loans in foreclosure. There are 3.5 – 4 million loans that seriously delinquent that are being

Posted on July 24, 2009 by admin

Short sales are one of the most recognizable terms in the real estate industry, more prevalent then it was just 3-4 years ago.  Yet a number of investors don’t have the patience and stamina it takes to purchase a short sale.  The average short sale takes approximately 3 months from beginning to end.  Investors with all [...]