With the increase and awareness of foreclosures throughout our nation, there is a need to be better informed to avoid foreclosures and also to be able to take advantage of some great opportunities to purchase property at reduced rates.

The National Association of REALTORS® (NAR) has developed a "Field Guide to Foreclosures"

This field guide provides links and tips for the potential investor as well as suggestions for those trying to prevent foreclosure. As it's introductory paragraphs states...

"Foreclosures! Subprime Lending Scams! Risky Mortgages!
2007 news headlines and reports hammered us with these dire stories. To be sure the rate of foreclosures has increased substantially, but it has also created significant opportunities for real estate investors. Though not for the faint of heart, investing in foreclosed properties can prove profitable for those willing to put in the required research and work. This field guide provides links and tips for the potential investor as well as suggestions for those trying to prevent foreclosure."

There are numerous articles and links to more 3rd party resources.  While some are restricted to NAR members, the majority are accessible by anyone.

Topics include: Foreclosure News, Profiting From Foreclosures, Foreclosure Help, Helpful Websites, Foreclosure Rates (in select areas), Books, Videos, eBooks & Other Resources, plus links to other related field guides.


Field Guide to Foreclosures


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