Foreclosure activity has declined significantly since the housing crisis of the late 2000s, and distressed home marketplace Auction.com reported this week that it expects the number of ...
Explore the foreclosure crisis of 2007-2010, identifying its causes and effects on the U.S. housing market and the solutions that resolved it.
REOs are bank-owned properties not sold at foreclosure auctions and sold at discount. REOs arise when loan defaults lead to unsuccessful auction sales, necessitating direct sale. Buyers, particularly ...
ATTOM attributes the decline in foreclosure rates and the low number of zombie foreclosures to high homeowner equity. Nearly 1.4 million (1,357,423) residential properties in the United States are ...
Bank owned properties, aka real estate owned or REO, are those that have been taken over by lenders due to problems paying the mortgage. These properties may be sold at bargain prices to move quickly.
Foreclosure leads aren’t for the faint of heart, but they can be well worth the effort. If you’ve been thinking about diving into this niche, you should know up front – it’s not just about pulling a ...
KANSAS CITY, Mo. (KCTV) - Kansas City’s oldest black-owned housing cooperative, Parade Park Homes, is in for a big change after a successful foreclosure sale, Monday morning. The sale comes with a ...