Saturday, October 13, 2007

Preforeclosures & Preforeclosure Real Estate

Almost everyone knows what a foreclosure is in general. But did you know that there are three main stages of a foreclosure? This article specifically discusses the first stage of foreclosure known as the preforeclosure stage, considered by many real estate investors and other professionals to be the best time to buy a foreclosure because of the bargaining leverage you have vis-a-vis the real estate owner. Written by Mark Moyo

Overwhelmed and Out of Money - How to Avoid Foreclosure on Your Home

Many homeowners around the country are facing the difficult prospect of losing their homes. In the month of August, national foreclosure rates were double that of last year. September saw a slight decline, but experts fear that this decrease was only a blip on the continuing fall of the national real estate market. Written by Gary Ashton

Foreclosure - Wait For The Government Or Solve Your Problem Yourself?

2.5 million or more homeowners are expected to face foreclosure on their homes in 2007. President Bush and leaders of congress have pledged to enact legislation to provide relief to at least some of these homeowners. If you're in danger of losing your home, you need to ask yourself a simple question: do you trust politicians to possibly save you, or would you rather solve your problem sooner on your own? Written by Richard A Baker