California Law Protects Tenants from Foreclosure In the unending saga of he foreclosure crisis, more and more tenants are becoming innocent victims. Even though they have no mortgage payments to worry about, they still lose their homes to foreclosure. Of course, when this happens, the lives of these tenants are seriously disrupted. Good thing that [...]

Arizona Hopeful by Phoenix’s Small Ray of Hope Prices of houses in Phoenix have fallen more than 20 when compared with 2007 according to the Arizona State University–Repeat Sales Index. Karl Guntermann, Professor of Real Estate Fred E. Taylor, and Alex Horenstein, a research associate, put together this report. Guntermann said that with prices of [...]

Freddie Mac Reports Homeowners Late in Seeking Foreclosure Assistance According to a report recently published by the Federal Home Loan Mortgage Corporation or Freddie Mac, very few distressed homeowners contact their lenders when having problems with their mortgage debt. The reason behind this lack of action is their belief that lenders are only after their [...]

Foreclosure Investing: Judgment Liens Considering that current market conditions have made it favorable to invest in foreclosure homes, buyers and investors alike should do their homework in order to determine whether or not a property is worth buying. The most important thing that you should check is whether the property has a judgment lien attached [...]

Chicago Foreclosures at Auctions: Reverting to Lenders One of the venues where real estate buyers and investors can grab the chance to enjoy considerable savings is at foreclosure auctions. Most of the time, lenders are able to unload their inventory of foreclosed properties in these auctions with very good outcome. But lately, things have not [...]

Home Sales Activity in South California Jumps 13.8% Last month, home sales activity in Southern California rose for the very fist time since 2005. The said increase is believed to be the result of the huge discounts being offered for both existing and foreclosure homes. Across this region, home values have plunged 31 percent in [...]