Moody’s Economy.com has answered the question of weather we will see a decline in foreclosures. Their comprehensive analysis, while including many aspects of the market was partially focused on the foreclosure outlook. Moody’s Economy.com expects a slow increase in jobs beginning in the spring of this year, but real job growth, that which affects unemployment [...]
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This is the 3rd part of a 3 part article on the stages of buying foreclosures. There are 3 stages to buying pre-foreclosures. These three stages, analyzing, hunting and convincing, are accomplished for the purpose of achieving one goal. That goal is to find an owner with sufficient equity, who is willing to sell his [...] Types of Foreclosure in Texas
There are several types of foreclosure in Texas. Each of these has slightly different rules, which complicates the purchase of them. The 8 types we will cover here are 1st lien note, 2nd lien note, Home Equity Loans, Vendors Lien, Judgment, Mechanics Lien, Tax and Homeowner’s Fees. 1st Lien [...] It would appear that interest in foreclosures is going down and that could mean more opportunities for savvy investors. According to a survey done in December 2008 from Trulia and RealtyTrac and hosted on Harris Interactive interest in foreclosures has gone done from 54 percent of adults willing to consider purchasing a foreclosure to 47 [...] |
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