Are you buying a home for the first time? If so, you're likely going through a crash course in real estate when it comes to mortgages, down payments, closing costs, and taxes -- and that's not even getting started on your search into the homes … [Read more...]
Three Red Flags to Watch for when Buying Foreclosed Real Estate
Buying foreclosed real estate can be an affordable way to realize a dream. For some people, that dream is turning cheap real estate listings into a new business, while for others it's all about finding someplace to start a family. With CNN reporting … [Read more...]
Two Ways You Can Get the Best Prices for Foreclosed Real Estate
Work with home Realtors who know the local area well. They will often know about new property on the market before it becomes officially listed, and they can steer you toward homes that fit your family's needs and desires. It's not a secret that … [Read more...]
Four Tips for Buying Foreclosed Property Worth Your Investment
Four Tips for Buying Foreclosed Property Worth Your Investment According to Realty Trac, in 2013, the Virginia cities of Chesapeake, Suffolk, and Virginia Beach City experienced especially high foreclosure rates, compared to the rest of the state. … [Read more...]
Shadow Inventory: Beginning to See the Light
One of the key obstacles to a housing recovery over the past five years has been the overhang of distressed properties about to come to market which has come to be known as shadow inventory. Shadow inventory numbers are comprised of three separate … [Read more...]
‘Walking Dead’ and ‘Survivors’ in Real Estate
Over the last few years, new words have become part of our real estate vocabulary when discussing distressed properties. Terms such as ‘shadow inventory’, ‘cure rate’ and ‘short sales’ were introduced. Other words … [Read more...]
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