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Ric Del Vizo - EzineArticles.com Expert Author
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Ric Del Vizo Email Alerts
- Foreclosures and Short-Sales - Mystery Unveiled Part 3 - Foreclosures
[Real-Estate:Foreclosures] Once a bank has legally taken title to a property through the foreclosure process, it is considered to be a foreclosed property. The bank or other lender has deed to the property and now holds the property on their books. In the past, this would not have been a bad thing for the banks. You obtain your mortgage loan and place your property up as collateral to the bank. Before the days of irresponsible lending, a buyer would have actually had to have put money down on the home - perhaps 10 or 20 percent. This meant that there was instant equity in the home and the bank had significant leverage in ensuring that the homeowner's debt was paid.
- $8,000 First-Time Home Buyer Tax Credit
[Finance:Taxes-Property] Interested in learning more about the new home buyer tax credit? Are you looking to buy a home in 2009? You may want to learn what this new tax credit may have to offer you and save yourself a significant amount of money.
- Foreclosures and Short-Sales - Mystery Unveiled Part 2 - Short-Sales
[Real-Estate:Foreclosures] When a homeowner finds themselves in a situation where they are having difficulty making their payments, the bank may agree to a short-sale. The terms "short-sale" and a "pre-foreclosure" are used interchangeably and should be considered the same for the purposes of seeking this type of purchase. Like to know more about short-sales? Read on...
- Foreclosures and Short-Sales - Part 1 - Auctions
[Real-Estate:Foreclosures] Interested in learning more about real estate auctions, foreclosures, short-sales, and other distressed property? This is a great time to invest in real estate with some of the lowest interest rates in decades! Let us show you how to protect yourself!
- Distressed Properties - What Are They and When to Act?
[Real-Estate:Foreclosures] To get the best foreclosure deals out there, you need to educate yourself. Right now is a great time to buy and you can find some phenomenal deals out there. You need to know how to recognize those deals and when to act so you do not miss out. You also need to know what you are dealing with and at what stage in the foreclosure process the property may be in.
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