Archive for the ‘Foreclosures’ Category

In case you missed it, Memphis has been named not only as one of the most affordable markets for home purchases today, but it has also been mentioned as one of the only markets expected to see positive appreciation in 2010. Now, the appreciation is expected only reach 1.5%, but hey….anything positive right now is better than the alternative! Read the rest of this entry »

Buying foreclosure properties can be a very lucrative business. Though if you feel a career in this industry may be for you, you may want to brush up on some courses, training and gather any extra credentials you can before you step out into the world of foreclosed properties. This can be a very dog eat dog business as most investors are not going to share their trade secrets with you willingly. To do so may cost them their very own positions in this industry. Read the rest of this entry »

Experts will advice that the best deals on home foreclosures can be found in bank owned foreclosures or real estate owned properties. The situation here is that the lender or bank who took back a home from an owner after the owner falls behind on mortgage, will be hard pressed to sell the property immediately to recover their losses. Read the rest of this entry »