Category — Foreclosure
Beware of Websites Promoting Foreclosures
The Internet has many valuable resources for people shopping for a new home. All new homebuyers want a great deal, and in this economy, many people are promoting the value of finding homes in foreclosure. You may be able to find a great deal on a home in foreclosure, but using the Internet to find these homes can be a double-edged sword. Beware of websites promoting foreclosures, because they can turn around to haunt you in a variety of ways.
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January 7, 2010 Steve SchraderBachar is a local mortgage planning expert who resides in Iowa and provides service to the clients of his mortgage planning practice across the Midwest. You can reach Steve at 1-515-289-4381 or 515-360-5197.
A Hike in the Delinquency Rate Indicates Foreclosure Rates May Not Decrease Soon
The Federal Housing Finance Agency (FHFA) released first quarter 2009 foreclosure data. The results probably won’t astonish anyone who has been riding the bumpy road of the economy, where joblessness has reached its highest level since the early ‘80s. The FHFA report revealed that foreclosure rates for the fourth quarter of 2008 totaled 149,981 and increased to 243,824 by the end of the first quarter of 2009. This is slightly more than a 61% increase in a three-month period.
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July 13, 2009 Steve SchraderBachar is a local mortgage planning expert who resides in Iowa and provides service to the clients of his mortgage planning practice across the Midwest. You can reach Steve at 1-515-289-4381 or 515-360-5197.
Tips for Buying a Foreclosure
With foreclosures on the rise nationally, investment opportunities are available for individuals and investors. When buying a foreclosure, follow the tips below to increase your opportunity for financial success.
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April 20, 2009 Steve SchraderBachar is a local mortgage planning expert who resides in Iowa and provides service to the clients of his mortgage planning practice across the Midwest. You can reach Steve at 1-515-289-4381 or 515-360-5197.
