Sentences with phrase «buying foreclosed houses»

I had been buying foreclosed houses and was worried I was going to bump into the»10 mortgaged properties» limit when a few higher priced duplexes came on the market.

Buying foreclosed houses is one of their major fields of influence.

It's like buying a foreclosed house for $ 50,000 that has a market value of $ 100,000.

I am looking into buying a foreclosed house from Fannie Mae using a 203k.

Not exact matches

The couple is living in a rented house after lenders foreclosed on a property they'd borrowed heavily to buy just before the 2008 — 09 financial crisis.

The White House quickly issued a statement praising the vote, but also affirming opposition to nearly $ 4 billion in grants to local governments to buy and refurbish foreclosed properties, which Mr. Bush views as a giveaway to lenders.

Whether you're buying a foreclosed home or a fixer - upper, visit the county assessor's office to get an estimate of what the house will be worth when you resell.

Housing Reporter presents 10 Tips To Consider When Buying A Foreclosure posted at The Central Florida Real Estate Site, saying, «If you're shopping for a foreclosed house that you want to flip, hold your breath until the urge passes.

For example, when you borrow to buy a house, the bank will use the house itself as collateral and if you aren't able to make your mortgage payments, the bank can foreclose on the home.

For the most part, these towns were outside the housing bust cities where investors once bought foreclosed homes.

«The combination of foreclosures and growing rental demand following the housing crash was an attractive opportunity for investors large and small who were able to buy foreclosed homes and use them to meet the rental demand.

«We really felt our agent listened to us and tried to understand what we wanted,» says Marlena Bradshaw, who bought a vacant foreclosed house in Ingalls, Ind., last year.

Single - family investors played a high - profile role in the housing recovery, as private equity firms like Blackstone bought hundreds of thousands of foreclosed homes and turned them into rental properties.

Now Cerberus is seeking to profit from the lingering effects of the housing crisis, which left more than 5 million foreclosed homes and damaged the credit of families hoping to buy again.

Already institutional investors like hedge funds, mutual funds, private equity firms... etc. are shifting from buying stocks... to committing hundreds of millions of dollars (in some cases, billions) to buying foreclosed and REO houses... and renting them out.

Part of it is because lending guidelines have changed since the housing collapse so fewer buyers are out there for some homes... there are still stockpiles of foreclosed houses in Southern Utah that keep trickling into the market from banks... and buyers are more choosy than they were in years past because many of them have learned that you can no longer buy a house and bank on the fact that it will appreciate a 3 % + a year in value.

A reasonable person would assume that only the bank that lent you the money to buy your house or bought your loan through a legitimate sale would be able to foreclose on your home.

Many people who get foreclosed on need to rent a house because they can not qualify for a mortgage or don't want to buy and they don't want to go back to renting apartments.

Buying your dream house may sound nice, but getting your dream home foreclosed because you are unable to make mortgage payments ends up being a nightmare.

We want to buy your house from you «As Is» without any fees so that you can avoid getting foreclosed upon.

We just bought a foreclosed (previous rental) house last year, and have been busy doing what we can to it.