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Mortgage Professor about foreclosed properties: 
Home Owners Loan Corporation II - a Fable
4 July 2005 Author?s Note: Home Owners Loan Corporation II was established by the Congress on August 7, 2007. The following is a transcript of the chairman?s introductory comments at the first board meeting, held September 12, 2007. ?Before we begin our deliberations on how to ... more...

Combine Two Properties In One Mortgage?
June 18, 2001 "My condo has appreciated greatly in value, and I am about to buy a house which will be my permanent residence. I will rent the condo. Is it possible to use my equity in the condo as the down payment on my house by combining the 2 properties into one ... more...

foreclosed properties related definitions

Owner Occupied Property
Owner Occupied Property A borrower uses the property as a primary residence. An Owner Occupied loan is secured by property, typically with the borrower renting and occupying the space. If more than one unit, the lease payments may directly support principal and interest ... more...

Flood Insurance
Flood Insurance An insurance policy that covers property damage due to natural flooding. Flood insurance may be required on properties in a flood zone - the land bordering a stream which is subject to floods of about equal frequency; for example, a strip of the flood plain ... more...

More about foreclosed properties

Get Free foreclosed properties Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

A Million Dollar Real Estate Investment Business Plan For Anyone!
Using a very simple plan, anyone who really wants to can make an extra million dollars by consistently investing in real estate. In fact, because it's so simple most people won't do it. All your real estate investment plan needs to do is follow these simple steps:>> STEP 1. Go out and borrow one ... more...

Investing in Real Estate for Your Retirement (and Now!)
You've probably heard a lot of opposing information about Investing in Real Estate, which is completely annoying! The straight-forward fact about Real Estate is that it is probably the best and safest investment you'll ever make, especially if you live in it, and that you are far more likely to ... more...

3 Strategies For Buying Property With No Money Down
Everyone has heard a story or read about someone who bought a property without paying a single dime as a down payment. But how does this work?There are several "classic" methods commonly used to purchase real estate with no money down. There are an infinite variety of situations in a real estate ... more...

Estate Agents on the Costa Blanca Spain
Properties for sale or to rent on the Costa BlancaAs a general rule of thumb, newly built properties on the Costa Blanca are generally cheaper than existing or re-sale properties - cheaper still if you buy 'off plan' (before the house has been started). Property prices have rocketed here over the ... more...

List Your Property Correctly & Make More Money!
Selling Real Estate is an ART - not mathematical rocket science. There are no rules, no absolutes, no equations to determine an exact price in most cases, and no way to determine the time needed to sell the property, or where to find the buyer.There are however lots of tips and techniques that can ... more...

Investment Property: Part 1
1. Investment PropertyWhat exactly is an investment property? Since this is real estate investments 101, we will explain. An investment property is a piece of real estate you invest in with the objective of earning a return. Primary residences are not considered investment properties because the ... more...

Property Auctions - Tips For Getting A Good Deal
Property auctions used to be rather specialised events, but now they have become quite mainstream in the UK. They seem to feature on TV all the time.All sorts of different types of properties are sold at auction these days. I've seen everything from the pristine and prestige, through the middle ... more...

Buying Real Estate That's Not For Sale
Buying real estate can start with a look in the newspaper, a visit to a broker, or a search online. These are all good ways to find your next investment property. You're looking at the same properties as every other investor, of course, so it's not always easy to beat the competition to a great buy ... more...

Seven Tips in Choosing Maui Income Properties
Aloha! If you are interested in choosing a Maui income property, then there are some details that you should know. You might be a bit intimidated by the whole process of buying a home. This article will offer tips to those that are thinking of investing in Maui income properties.First of all, you ... more...

Investment Properties In Atlanta Georgia
Is the amount you would have to charge in rent comparable to similar rentals in the same area? Be alert, and notice what people are asking for. You might have to make some phone calls to get an idea.You will also need to determine the length of the lease. Usually leases come in increments of six ... more...

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