Short Sales Today

Short Sales Today

Short sales are an extremely popular strategy amongst real estate investors right now. However, there is not much that is short about the timing a short sale. Depending on your location and the lender you are dealing with, short sales can take an average of 3-6 months...
Do You Buy At Auctions?

Do You Buy At Auctions?

A creative way of acquiring properties at discounted prices is to purchase them at auction.  After a homeowner goes into foreclosure, the bank will take back the property that was used as collateral for the mortgage.  (It is important to remember that the timeline of...
Bank Foreclosures At A Record High

Bank Foreclosures At A Record High

There are currently around 5 million homes in foreclosure in the U.S. right now.  It is reasonable to expect that there will be at least 12 million more homes going into foreclosure within the next two years.  Because of these astronomical numbers, many people are...