Real estate blog entries tagged with reo by LaserShield Direct (LaserShield DIRECT)

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Home : Blogs : LaserShield Direct : LaserShield DIRECT Home Security Blog : Tag "reo"

reo: Help for first time homebuyers - 08/30/09 07:57 AM

A couple of interesting articles that could be of interest to first time homebuyers, especially those interested in the $8,000 homebuyer tax credit -

How to establish credit history - good article on how people with no credit history can build one quickly. How to boost credit score to obtain a loan - 5 step plan with a funny name ("Your Credit Sucks") shows how to do it. How to buy a home owned by the bank - REO and Foreclosure listings from banks themselves Nationwide foreclosure listings Be sure to check out the video from "Flip This House" that … (0 comments)

reo: 13.16% of all residential mortgages are in trouble. - 08/30/09 07:42 AM

Not sure if everyone saw this, but this post on "Prime Borrowers Now Going Into Foreclosure" from RateNerd.com.

Here is an excerpt:
13.16% of all residential mortgages are in trouble. With about 51 million houses with mortgages in the country, that means 6.71 million bad mortgages out there. With the number of people out of work still rising, the problem is likely to continue to get worse for quite a while according to an article on the investing blog site Seeking Alpha. At the end of the second quarter, 4.3% of all residential mortgages were in some part of the foreclosure … (5 comments)

reo: How to buy an REO Bank Owned Home - 08/02/09 03:05 PM

Reposting from Ratenerd.com - click here to see the original post.
If you’re looking for a great deal on a home, check with the bank. Due to high foreclosure rates, banks have tons of inventory they want to get off their books. They wont give it away for nothing, and you need to make sure the property has not been stripped to the bone, but bank foreclosed homes for sale are a great deal.
Bank websites have their foreclosed home inventory available for you to search – if you want to find bank foreclosed homes for sale, two of the largest are Chase Bank Mortgage and Bank … (1 comments)

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The LaserShield Wireless Home Alarm Security System is a family of innovative, easy to use, low-cost, security system products. LaserShield is ideal for rental homes, apartments, townhomes and condos, and is a perfect security solution for college dormitories, retail stores, offices, boats, recreational vehicles and more. LaserShield is quick, easy and affordable: * No long term monitoring contracts - go month to month * Wireless - no complex installation in your home or office * Works with your existing phone service including digital voice (VoIP) lines - unlike other alarm monitoring systems * Easy to turn on and off - use the easy key fob, or call into the system remotely if you forget

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