As a real estate agent, working with investors can be challenging — there’s no doubt about that. Rather than trying to find the home of their dreams, they’re looking at properties in a completely different way. They also have vastly different expectations of the...
Every homeowner dreads the idea of a bank foreclosing on their home, but the truth is, banks don’t want to do it anymore than homeowners want it to happen. On average, a foreclosure can cost a bank up to $50,000, putting them on the hook for a great deal of money....
No lender wants to foreclose on a property. Not only is it a hassle to take back a property that you loaned someone the money to buy, but it can cost the lender hundreds of thousands of dollars in time, manpower, effort and in direct cash losses when they have to deal...
Even with the real estate industry well bounced back from the 2008 recession, millions of foreclosures are filed all over the nation every year. The industry constantly fluctuates, and even in the best of times, there are a lot of real-estate-owned properties out...
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