Foreclosure Magic

Why Invest in REO Properties in the Paradise of the Pacific?

Of all the 50 states of America, most people are fascinated with the islands of Hawaii. Despite the area’s vulnerability to different kinds of disasters, many local residents see the archipelago as irresistibly exciting and thus, choose to stay here. Even tourists and non-residents keep on arriving in the islets for they believe they’ll soon reap a sweet fruit out of their stay here. Though there may be a lot of reasons why people continue to enter the so-called “Paradise of the Pacific,” one ...

Why HUD Home Listings Are an Alternative Route to Homeownership

The current economic decline has such a huge impact on our lives. Many of us have to work hard to overcome the financial hardship and drastic change in lifestyle. But despite the uncertainties, it is still not too late to find good homeownership deals through HUD home listings, which is an inventory that provides brokers, potential buyers, state and local governments, and non-profit organizations with a complete list of its “for sale” properties. The U.S. Department of Housing and Urban Devel ...

Weighing the Pros and Cons of Foreclosed and Short Sale Homes

Because of the escalating prices of real estate properties within the United States, a greater number of Americans now prefers renting to acquiring their own houses. In fact, recent statistics from the U.S. Census Bureau (2012) reported a decline in the number of homeowners throughout the country. From 69.2% in 2004, homeownership dropped to 65.9% during the second quarter of 2012. For the majority of people who still opt to purchase and settle in their own abodes, however, many consider the ...

Taking Advantage of Foreclosure in the United States

Like most of the countries in the world, the United States has also experienced and is still suffering the remnants of the great economic recession. In fact, in one of the most recent study conducted by the Yale University and was published by Reuters in June 2012, they found quite a few circumstances that relate to the effects of the economic downturn. These include the rising poverty rates, the mounting unemployment rate, and the smaller number of students graduating from college. Among oth ...