Tax Sale Report Card

    How do you know the difference between a public oral bid foreclosure auction and a public oral bid auction with right of r...

28/02/2008 | Print | PDF

The Tax Sale-Basic Terms

Part 1:   THE BASIC TERMS ____________________ LIEN A lien is just a fancy way of saying, “you owe me money, and you haven't paid me, so I am placing a claim on your property.” A tax lien is just one type of lien, usuall...

28/02/2008 | Print | PDF

Finding and Buying Pre-Foreclosures

Pre-foreclosures are properties that are going into foreclosure, but have yet to go to auction. ‘Foreclosure’ simply refers to the process and/or act of the lending company by which it assumes...

28/02/2008 | Print | PDF

So what's an REO?

  REO is an acronym used by financial institutions, which means Real Estate Owned, and has come back into the bank's portfolio via a foreclosure process. The purchase of a REO pro...

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Risks and Rewards of Foreclosure Investing

  The mortgage foreclosure process creates three sets of real estate investing opportunities: the "Default/Pre-Foreclosure" phase, the "Auction/Sale" phase and...

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Inside Look at Bank Foreclosures

  Many new investors want to buy properties directly from the bank. You never hear anyone say, "I want to buy a property from a mortgage company, credit union or savings and ...

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Pre-Foreclosure Buying Process

  The advantages to buying properties from homeowners in default can only be measured by the individual buyer. Some do not see enough reward, some think it's too ris...

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How to Avoid Foreclosure

  The guidance below (and in the ""How to Avoid Foreclosure"" pamphlet) is applicable to homeowners with FHA Insured loans. While a good deal of ...

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Buying Pre-Foreclosure

  The advantages to buying properties from homeowners in default can only be measured by the individual buyer. Some do not see enough reward, some think it's too ris...

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The Real Risk of Home Equity Loans

  Do you own your home? If so, it's likely to be your greatest single asset. Unfortunately, if you agree to a loan that's based on the equity you have...

28/02/2008 | Print | PDF