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Top 10 Myths About Buying a Foreclosure | 305Foreclosures Blog
https://305foreclosures.wordpress.com/2010/06/03/top-10-myths-about-buying-a-foreclosure
Real Estate News and Information. Top 10 Myths About Buying a Foreclosure. Top 10 Myths About Buying a Foreclosure. Trulia.com and RealtyTrac recently surveyed US adults to get some insight into what people *think* is involved with buying a foreclosure. Here are the Top 10 Myths that came up, and the facts to set the record straight:. Foreclosures need a huge amount of work. Foreclosures sell at massive discounts, compared to other homes. Buying a foreclosure is risky. Well, that’s what would happen if t...
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Second Mortgages & Equity Lines of Credit | 305Foreclosures Blog
https://305foreclosures.wordpress.com/2010/07/27/second-mortgages-equity-lines-of-credit
Real Estate News and Information. Second Mortgages and Equity Lines of Credit. Nothing, collection is basically no more enforceable than a credit card debt. If you are looking to for additional help with a loan modification for a first or second mortgage feel free to call on me. This entry was posted on Tuesday, July 27th, 2010 at 1:54 pm and is filed under Loan Modifications. You can follow any responses to this entry through the RSS 2.0. Feed You can leave a response. From your own site. Enter your ema...
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Latest Posts | 305Foreclosures Blog | Real Estate News & Information
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Real Estate News and Information. Early Warning FICO System. April 27, 2011. Lenders will use a Early Warning FICO system and make homeowners think twice? The tool is so effective, according to FICO, that it can “capture nearly 67 percent of strategic defaulters” who are otherwise unremarkable and undetectable, paying their mortgages on time. Sound a little spooky? Strategic walkaways are a multibillion-dollar headache to banks and investors. A study by researchers at the University of Chicago’...With an...
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Contact Us | 305Foreclosures Blog
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Real Estate News and Information. Lazaro J Gonzalez, PA. Realtor / Sr Loan Specialist. United Realty Group, Inc. We recognize the importance of protecting the privacy of information collected about our customers and prospective customers. This privacy statement discloses what information is gathered, how it is used, and how to correct or change it. It is our intention to give you an understanding about how we collect your Information and the use we make of it in the course of our business. You are commen...
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Early Warning FICO System. | 305Foreclosures Blog
https://305foreclosures.wordpress.com/2011/04/27/early-warning-fico-system
Real Estate News and Information. Early Warning FICO System. Lenders will use a Early Warning FICO system and make homeowners think twice? Fair Isaac, developer of the ubiquitous FICO score, has a new warning for homeowners plotting a strategic default or walkaway: We can now spot you in advance. We’ve developed a black-box risk-identification tool that enables lenders and mortgage servicers to tag you months in advance — and then pursue their own strategic measures to intervene. Sound a little spooky?
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Pre-Foreclosures Flipping | 305Foreclosures Blog
https://305foreclosures.wordpress.com/2010/05/25/preforeclosures-flipping
Real Estate News and Information. The key to real estate riches. Buying, renovating, and selling an investment property is a sure-fire way to get rich quick. That’s what mainstream America is led to believe, anyway, with the major surge in home improvement programming over the past several years. Let’s get one thing straight: It’s not as easy as it looks on television. Here’s a little more information about the unlimited profit potential that preforeclosures represent:. Preforeclosures are a very well de...
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7 Real Estate Investing Tactics | 305Foreclosures Blog
https://305foreclosures.wordpress.com/2010/06/10/7-real-estate-investing-tactics
Real Estate News and Information. 7 Real Estate Investing Tactics. Investing in real estate, like any other investment, should be approached cautiously and prudently. Here are seven investing tactics that can help you build wealth and financial stability in the years ahead. 1 Buy Short Sales. 2 Buy Bank-Owned REOs. 3 Buy at Public Foreclosure Auction. Buying at the public foreclosure auction requires significant amounts of cash and does not typically allow for a full inspection of a property prior to bid...
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Credit | 305Foreclosures Blog
https://305foreclosures.wordpress.com/credit
Real Estate News and Information. 10 Things destroying your credit. You probably have a general idea of what will hurt your credit, but not everything is weighted equally. There are some items that aren’t just bad, they are REALLY bad. The first step towards avoiding these credit killers is knowing what they are and just how much they can damage your credit. Let’s take a look at these items in terms of their impact on your credit score beginning with mildly damaging and ending in disastrous. 6 Recent Lat...
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Loan Modifications | 305Foreclosures Blog
https://305foreclosures.wordpress.com/loan-modifications-2
Real Estate News and Information. Many lenders routinely take from 60 to 240 days or more to process and send out the written approved loan modification. If your foreclosure sale date is looming closer you need to request the date to be postponed you need to do this with conviction and you are not to stop calling and escalating until you have accomplished a postponement of your sale date get resourceful MAKE IT HAPPEN you CAN DO IT! And then VERIFY VERIFY VERIFY! This cannot be stressed enough). Prepare ...