First make sure you have an understanding on what foreclosures and short sales are. A foreclosure is when the lender obtains a court order to obtain property as the loan is in default. This, in plain English means that the owner stopped paying his mortgage and the bank has take the property back. A [...]

Today’s  real estate market is screaming for investors to invest!  There is still a ton of fallout from the last bubble bursting;  leading to lots short sales and foreclosures.   Market values of real estate have fallen  across the country.  Many people are  hesitant  to invest money in the real estate market.  But believe it or not, this is [...]

What is a Short Sale?  A short sale is when a property is sold for less than is owed on the mortgage. A short sale  may be a possibility  when a homeowner  owes more on their mortgage then the property is worth—in other words, they are “underwater” on the mortgage.   Who qualifies for a Short [...]