Foreclosure

How to Avoid Foreclosure in Arizona: Advice and Solutions to Save Your Home

In Arizona, the real estate landscape is rapidly transforming and with it comes a surge in foreclosure cases. With this article, we will be delving into trend data concerning foreclosures and how they can affect people living in Arizona. Moreover, preventive action steps on what to do if you're recently notified of upcoming trustee sale - including ways to save your home – shall also be discussed.First...

What Millennial First-Time Homebuyers Need to Know About the 2023 Housing Market

What Millennial First-Time Homebuyers Need to Know About the 2023 Housing Market

The housing market in 2023 has already been challenging for many first-time homebuyers, especially millennials. Low inventory levels and rising mortgage rates have left many potential buyers scrambling to find a good deal on a home that meets their needs and budget. In order to make an informed decision when buying a house this year, it's important for potential homeowners to understand current trends and...

A staggering 270,000 people who purchased homes in 2022 are now "underwater" on their mortgages.

A staggering 270,000 people who purchased homes in 2022 are now “underwater” on their mortgages

The red-hot housing market in 2022 already has an estimated 270,000 homebuyers who owe more than their house is worth. According to Black Knight's analysis of the 450,000 underwater borrowers from Q3 this year, around 60% had mortgages issued during the first nine months of 2022 - that's one out of every twelve homes purchased with a mortgage! Additionally, nearly 40% have less than 10% equity left for any...

The Case for Investing in Foreclosures

The Case for Investing in Foreclosures

We all know that real estate is a solid investment. It's always been a safe bet, but in recent years it has become an increasingly popular investment vehicle, especially among Millennial women. And while there are many different ways to get involved in real estate, one of the best deals out there right now is foreclosure properties. What is a foreclosure? A foreclosure occurs when a homeowner is unable to...

Behind on Your Mortgage? Consider These Options to Avoid Foreclosure

If you have fallen behind on your mortgage payment or fear that you are about to be in that situation, you aren’t alone. It’s estimated that just over 10 million homeowners are behind on their mortgage payments currently.  So, what can you do? Your best bet is to be proactive. Educate yourself about your potential options as early as possible. The longer you wait to seek out a solution, the...

Thinking About Buying a Foreclosure? This is Why You Will Need an Agent

Every buyer is looking to get value for their dollar. For some, that will mean searching for a foreclosure or distressed property. When buying a foreclosed property, the seller is actually the bank or mortgage lender and they are hoping to recoup as much as possible from the sale. The bank or mortgage lender has already seized the property from the previous owners because of non-payment. Why is it...

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