When you preview homes as a home buyer, you can get a good feel for the home's visible traits -- its finishes, its room counts, and its landscaping, for example. What you can't get a feel for, though, is the home's "bones". It's for this reason that real estate professionals recommend that you have a property formally inspected immediately after going into contract for it. A home inspection is a thorough, top-to-bottom check-up of a property's structure and systems. It is not the same as a home appraisal, which is a valuation of the property. By contrast, home inspections are (0 comments)
Foreclosures filings fell 5 percent between March and April of this year, and by 11 percent as compared to one year ago. The data comes from RealtyTrac. The foreclosure-tracking firm tallied fewer than 189,000 foreclosure-related actions last month -- the fewest number since July 2007. Rapidly-declining foreclosure figures are another signal that the U.S. housing market may already be in recovery. According to RealtyTrac's methodology, a "foreclosure filing" is any one of the following foreclosure-related events : (1) A default notice on a home; (2) A scheduled auction for a home; or, (3) A bank repossession of a home. (0 comments)
Frank and Kristina share their short sale experience with Suess Real Estate Experts who successfully closed their short sale with OCWEN lender bank. http://www.SuessTeam.com http://ShortSaleOnAHome.com